Soc Gen looking for 1.30 EUR/USD "in a week or so"

Discussion in 'Trading' started by dailycollateral, Mar 2, 2012.

  1. I am long as of today, so no 1.30 for you. :)
  2. Reminder that SP500 monthly chart continues to give bearish warning and USDX monthly chart continues to give bullish warning.
    This big picture outlook will not change.

    (so long term EURUSD is toast)
  3. Tsing Tao

    Tsing Tao

    How is that working out for you?
  4. Just Buy it! :)
  5. Tsing Tao

    Tsing Tao

    No way I trade this pair. Tale of two shitty currencies. I'll continue shorting the Euro against pairs like AUD, CAD, SGD and TRY. It's been very profitable.
  6. Probably why all of the 2012 forecasts have the EUR/USD in the 1.25-1.35 range by year end. No shit, right?