US ($) Currency Thread 2

whatusername

1.53528 still holding today, long may it continue

sabretoothtigger

Ashraf Laidi

2010.04.09 05:48: GBPUSD breaks past the $1.53 resistance on soaring UK producer prices (highest since Nov 2008). Cable tests the Mar 17 high of $1.5380, and could extend gains $1.543038% retracement of the decline from the $1.6450 high. EURUSD cheers Trichets remarks that ECB wont allow a Greece default. The latest resistance on the euros 23-week downchannel stands at $1.3460, only a break of which would eliminate the downtrend. Considering latest round of USD weakness, USDCAD could knife through parity again in the event that Canadian Mar jobs figures (11:00 GMT) show payrolls of at least 15K (exp 20K from prev 21K). Unemp rate exp unchanged at 8.2%.

My own view is that we are still below resistance but out of a negative it seems

ukbill69

1.54 this morning.

whatusername

1.5429 today, if we can see a sustained break at 1.5464 we may see 1.55.

Fingers crossed.

whatusername

I've been looking back over some old posts in this thread and it reminded me of something not posted in yonks and always worth a look. :j

http://www.thedailymash.co.uk/animals/animals-headlines/she's-no-virgin%2c-say-friends-of-'miracle'-shark-20070524165/

whatusername

1.5421, been around that for a couple of hours now

whatusername

1.5364 now. Looks like 1.55 is a non starter.

Where have you all gone?

neilbond007

I'm here! In sunny LA

whatusername

neilbond007 wrote: »

I'm here! In sunny LA

Looks like everyone has turned into lurkers mate. How are you getting on?

Trading steading above 1.54, currently 1.541

sabretoothtigger

Im stunned into an awe by the pound not bombing for once. How long can it last:j


This would seem to coincide with the declaration of the election though I know its supposed to be about some positive uk reports also

The election is obvious but from my experience major events can still work like this



http://www.forexfactory.com/calendar.php?do=geteventinfo&day=2010-4-14&c=2