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Then we have New Home Sales coming out of the US.
It's expected to read stronger than last month, and to come out at 890K. If it comes out at 1200K or higher, it would be the highest reading since end of 2005, and GBP/USD may possibly go down by 50 pips or more in the first hour of the report. If it comes out at 690K or lower, it would be a very shocking drop, and GBP/USD may possibly go up by 50 pips or more in the first hour of the report.
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today market looks going to sideway trend. Decline should be supported around 1.3618 - 1.3599 zone for rally to above 1.3685. A clear break of 1.3599 will damage this expected rally.
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GDP today is very important for intraday trader. You might want to short something, well that's what i think. but better wait for the news
Last edited by dude_89; 04-27-2007 at 09:59 AM.
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At this momoent, EU still uptrend...
just looks at the news,USD GDP Annualized q/q (p) act 1.3% 4cast 1.9% prvious 2.5%
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Eu expected range for thiss week should be around 1.3765 to 1.3543 sm_happy
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Euro/usd, i prediction it's will rise up now, but i think it's have reach the climax.
May for few hours from now it will going down, so i will sell E/U.
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In Profit
i think eur will go down for no more than 1.3632, then it will go up about 1.3704, then go down for a long way... 
anybody agree with me?
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FxIndia Administrator
Well USD is really gettin down. I think there is sonn gonna be a fall of EU pair ( a HUGE one) in near future.
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FxIndia Administrator
 Originally Posted by goldsniper
All USD pair is down ?
Yes, I have seen a news which stated that USD have been ten year low against INR and i am sure that USD would rise in near future. waiting for that to happen.
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Yeaah, i look my prediction is happebed now, it can view at market. To back on the position at 29 april 2007 may it's need 2 or 3 days from now. But dont make my prediction for huge trade, cause many situation can influence the currency rate in the market??. May other have good prediction with good statement than me??
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EUR/USD is topping out
April 29, 2007 12:32
EUR/USD briefly made a new all-time high at 1.3683, barely above the prior high at 1.3668, and looks to have been soundly rejected from the top of a channel dating back about a year. (Please note, based on the legacy USD/DEM rate, EUR/USD has been as high as 1.4530 on an all-time basis). Momentum readings have been stalling over the last week, and MACD is set to crossover to the downside. I'm also seeing the ADX reading topping out, too, suggesting this trend is pausing at the minimum. Candlesticks also show a doji or spinning top on Wednesday, followed by a long dark candle on Thursday. Friday's candle is shaping up to look like a shooting star, also suggestive of a reversal lower We also have a double top in on daily charts at 1.3665-80. The steepest trendline support is now very close at 1.3600 and EUR/USD needs to hold above to continue rising.
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Hello
4 Today We have ADP Employment coming out of the US. Hopefully E/U will back to uptrend again
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2-5-2007 tue
euro/usd 1.3590
forex news the euro edged up againts the dollar after a key survey on euro zone manufacturing sector showed activity remains strong
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| We Buy | We Sell |
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