EUR/USD has made ground in early European trade, presently up at 1.5085. Technical resitance from here up at 1.5100. Talk of sell orders lined up at 1.5100/10.
10 Responses to “EUR/USD ticks higher in early Europe; sell orders noted”
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
ADVISORY WARNING: FOREXLIVE provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.
AUTOREFRESH 
buying from an E. European name….
they started already the weekend overthere..
Hello, I am new at day trading anybody want to help me out how it works? I understand stocks but can;t understand day trading anybody please write me at osama11@live.ca I have alot of questions or we can talk over the phone. ANYBODY????
hello, this should a solid start
good luck
http://www.forexlive.com/three-little-rules
A late good morning from Barcelona,
I missed the action this morning on cable, was the surge linked to the impressive M&S numbers in any way ?
I was puzzled when reading bloomberg’ analysis abt ecb action labelling it hawkish.
Euro bonds (especially 2y) have rallied/overperformed yesterday after a brief plunge when trichet announced the 1y refi to be indexed. They are still bid this morning. Stocks as predicted did go lower yet Eur/Usd stays on the “expensive side” for the time being in RV terms. I’ll had to my current short position selling a mixed of bund & Schatz agst it. tuesday is last tday for them and I wudn’t be surprised to see a big plunge when rollover activity is over.
Hi Cheg, Do you refer to John Lewis instead? I was under the impression M&S positive numbers were released a few days ago.
Yep sry…overslepped
You have probably been partying with Laporta until the late hours
the plunge came earlier than expected…
the correlation is not totally out the window very short term so it seems..amasing.