Post-payrolls profit-taking

We’re getting a bout of profit-taking with all the recent winners finally coming under some pressure. all the components of the recent trends are seeing some unwinding. EUR/USD is lower, USD/JPY and EUR/JPY lower while AUD/USD is higher as EUR/AUD falls.

1.3590/1.3600 is first support, coming into range.

14 Comments

  1. Oh Crap… Gold gone inverted

  2. Interesting if we see lots of dip-buyers ahead of the weekend…

  3. Any comment on why gold is getting the lift?

  4. Nice dip, bought some more EURUSD.

  5. EURUSD getting hit on this: Italian prosecutors investigating into 5 banks over suspect derivatives operations … says forexcom

  6. @Sam: please post how it goes, I am doing research on the pain-tolerance of euro-philes

  7. We should have in mind also those options levels reported for today – they are not located toward the upside!

  8. told ya ;-D

  9. thanks for the info hopefully bought on a decent dip and not a free fall!!!!

  10. buy it….

  11. @derek, no emotional attachment to any currency, just a healthy appetite for risk (since I’m trading on a demo-account). ;-)

  12. Euro …………..on the way to Hell ;)

  13. exelent level to sell all eur/usd…. let go to 1.26 untill mid june…. histeria is over.. short !

  14. I started 2 weeks ago with 500k, and I’m now sitting on 1250k.
    Guys, how do I convert demo money into real money? ;-)

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