Eur/usd

Discussion in 'Forex Trading' started by tc5, Oct 24, 2005.

  1. tc5

    tc5

    Why did it start going up at 9am EST ? Up about 40 pips so far. I notice European markets were up and US equity index futures were up.

    It'd be nice to have a continuing thread of EUR/USD like the YM thread.
     
  2. tc5

    tc5

    Bloomberg just said Bush may appoint a successor to Greenspan soon, possibly today. It'll probably be Bernanke.

    What would the effect of this be on EUR/USD and the dollar in general?

    Edit:

    According to one source, this may be one reason why the market is higher today. Short-covering.

    I don't remember if people thought Bernanke would be hawkish on rates or not. Might make more sense if he wasn't.

    Edit#2:

    Press conference at 1pm EST ? Rumored that it will be to announce Greenspan's successor.
     
  3. tc5

    tc5

    Forgot...

    After Greenspan et al. visited China, China recently said something about a gradual revaluation. This is supposed to be helping the Yen and hurting the dollar. The euro being equal, this would make EUR/USD go up.
     
  4. Sam123

    Sam123 Guest

    It has been consolidating between a falling 30-day average and the 1.1900’s for a month now. Let's see if it touches the average (1.2080-90) and then moves back down to the 1.1900’s again...
     
  5. Forex Fair Values

    ie..--------Yes Euro is a sell but now over sold



    Now 10 Days 20 Days 30 Days
    EURUSD 1.2127 1.2082 1.2036 1.1988
    USDJPY 111.5587 111.8901 112.2344 112.5919
    GBPUSD 1.8022 1.7981 1.7939 1.7895
    USDCHF 1.3025 1.3086 1.3149 1.3214
    EURCHF 1.5410 1.5401 1.5390 1.5379
    AUDUSD 0.7518 0.7499 0.7480 0.7459
    USDCAD 1.1941 1.1936 1.1932 1.1929
    NZDUSD 0.6927 0.6911 0.6895 0.6877
    EURGBP 0.6689 0.6677 0.6664 0.6651
    EURJPY 133.7667 133.5574 133.3404 133.1158
    GBPJPY 199.5490 199.5764 199.6027 199.6278
    CHFJPY 86.5650 86.4697 86.3716 86.2707
    GBPCHF 2.3033 2.3060 2.3087 2.3115
    EURAUD 1.6145 1.6129 1.6114 1.6100
    EURCAD 1.4263 1.4182 1.4100 1.4015
    AUDCAD 0.8847 0.8808 0.8768 0.8726
    AUDJPY 83.0349 83.0040 82.9689 82.9295
     
  6. tc5

    tc5

    How do you define/calculate your fair values?

     
  7. They are the Centriod (Average...but theoratical)
    I use my own center of Gravity Models...

    actual prices Revolve around them...simply to Balance

    to calcualte them have to use Non-Linear Models
     
  8. Plus
    if High/Close and Low/Close--average are for weekly then
    1.010797788 0.987861175

    EURUSD
    High= 1.2127*1.010797788
    Low=1.2127*0.987861175
    roughly....... 1.1979 for the low this week
    1.2127 if is OK for average close...
    In general I won't sell it here
     
  9. Still 10pips spread with Oanda by now? Usually should be 2 pips one hour ago.
     
  10. Lucrum

    Lucrum

    I may be wrong but I was thinking their spreads tightened at 8:pM ET.
     
    #10     Oct 30, 2005