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Short EUR/USD

WOW :)

Oops!

Hope there wasn't much damage Harlosh.

A little Choc but not too bad. What has spooked the dollar do you know?

were there some US stats at 3.00?

Looks like it Sue but which one caused the pain I don't know.

Forex - Dollar weakens after record current account gap - UPDATE 1

Been away from the screen.
I'm a very happy bunny and I'm staying long

i'm long but from last week - typical.

Well it's been a good run :o)
Hils'll probably shout at me again, but I reversed into a few cable shorts earlier this evening. I just don't think we'll get a lot closer to those January highs. If I'm wrong I'm wrong. If I'm rightish I'll try to get a chart up over the weekend.
Won't be around for any fireworks tomorrow ;)

I'm not going to shout at you, Choccy. As it happens, you might have called the top. Sterling has certainly turned down against the Yen overnight.

:o)

I'm loathe to short cable myself just yet though because, as I see it, it's still going up on the hourlies. It's above both of my ma's which are themselves still rising and is supported above a rising line passing through the lows since Monday. Until those ma's start to turn down and it breaks the rising support, I intend to stay long.

The Californian FX Fairy has visited . . .

Bernanke is the one to watch

Forex - US dollar firmer in Sydney morning; Bernanke speech seen as key

And after that MPC minutes and the budget should be fun too.

Well it's stick your neck out time :S
This afternoon's doodle:



if that's remotely right, then I'm sort of counting on this not holding



Still rather short from 50 and 40 points up (now 1.7544) - 2hrly MACDs looking like they're ready for a tumble.

Choccy,

I've got to say that I don't understand where those lines on your upper chart originate from.

I can see some resistance from a falling resistance line drawn through the highs since September which is currently around 100 pips or so higher up. Unfortunately I'm struggling a bit with getting my screens to work today so I can't paste it up here.

Looks to be rolling over now on those hourlies, Choccy.

Surely does, Hils.
Sorry - was trying to load another chart so you can see how the lines look on the daily, but I can't get into my web thingie.

EUR/JPY dancing on support at 141.17. If she goes, the fall should be spectaculificent.

Timberrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.

:o)