2. Sept. no happenings

Still waiting for the breakout… :smiley:



LOL

What is about to happen is the biggest event since Lehman collapsed.

It will give the western financial world incl. FOREX a real shake…

http://forums.babypips.com/fundamental-ville/28730-data-will-continue-build.html#post131700

When gold is rising so will the Euro in the EURUSD pair and the AUD in the AUDUSD pair.

The EURO in the EURUSD pair is rising since 12:30 EST because the capping of gold doesn’t seem to work.

There is your breakout…:slight_smile:

rising around 120 pips… yes

Bullion Banks are trying to put a lid on gold @983.85. That has brought the EURUSD pair to a halt in the 1.4245 - 1.4265 area.

It all depends now if the gold longs can push the price through 985.00.

LOL…when the bulls pushed gold through 985.00 in that $10 move just now UP to 994.00 the CCI showed a reading of +332…LOL

That’s like gold being on steroids. LOL

The EURUSD pair just sit’s there in wating mode at the moment LOL

Another push UP from the Gold bulls in the avo session and the EURUSD pair [B]will[/B] respond.

1.4500 in the EURUSD pair has turned from support into resistance.

If Gold keeps moving down the Euro will follow.

Gold is leading because of it’s position as an inflation hedge.

I see strong support developing for EUR / USD at $1.45 and $1.4515. Euro keeps bouncing after intra-day declines. I�m expecting a big jump in the EUR. Expecting $1.485 in the near-term.

I was wondering this about a week ago, then I realized that I have put in some record hours since the end of August. Everyone is probably too busy to post.