Everybody Else Vs Dollar

FX_IDC:EURUSD   歐元 / 美元
19 1
It has always been like that - one Vs many. For last 6 years, Fed has always halted dollar's march and this time it's not an exception. So now one thing is clear, dollar side of the equation is going to be weak and we need to choose our horses in a way that it can get us maximum pips.
GBP/USD - We repeat, it can't be trusted until there is convincing close above 1.5700. But problem here is it won't be that easy. Whenever it will start moving, it will go to 1.5800 in a dash and there are cluster of resistance between 1.5800 and 1.6000, so chasing that move would bring disaster it dollar wakes up meanwhile. Only thing we can do here is to buy good dips.
AUD/USD - Australian dollars future is tied to China - the country nobody seems to know properly right now. Until global economy starts moving upward there isn't any clear signal to get long convincingly. So meanwhile all those 100/200 pip bounces will be sold and that makes it difficult to trade from long side after a good run. Besides we don't know where the bottom is ! Whether it's at 0.7000 or 0.65000. We will leave it for the time to decide.
NZD/USD - It is showing some signs of temporary base near 0.6500 but because of its consistent failures near 0.6600 / 0.6640 makes us think twice before betting on it. Also there is not the strength of NZ dollar per se but US dollars weakness is more pronounced in all those bouts of strength.
EUR/USD - All that leaves us to our beloved euro ! Significant short positions against the common currency is appealing whenever dollar is having hiccups. So as usual we will try to get long euro . First level comes on chart is 1.1100 followed by 1.1050. Let's see how it gives us our few pips today !
And well, you know that all that can be reversed in a jiffy ! So play it cautiously, take tiny profits and move stop loss as soon as you are 20+ pips in green :)
UPDATE ( 8/20/2015 – 3:00 PM IST ) : Taking partial profits here at 1.1150, on our longs from 1.1110. 1.1100 should provide a good base for pull back if there is sudden reversal during Philly Fed index but we might close the position if it’s near 1.1200 before the release rather than gambling on it.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 價格 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 尋求幫助 功能請求 部落格 & 新聞 常見問題 維基 推特
概述 個人資料設定 賬戶和賬單 尋求幫助 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出