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GVI Forex 13:02:05 GMT - 03/25/2014  
EUR dip came from dovish comments by ECB's Makuch

Note where he is from and doubt he has much influence in the ECB

Jozef Makúch Governor, Národná banka Slovenska

Note EURUSD 1,38trades for 5th day in a row


Mtl JP  12:14:25 GMT - 03/25/2014  
eurdlr 50dma = current support
drive above 1.3835 would further increase current support's buffer


london red  11:56:40 GMT - 03/25/2014  
55 hour ma in danger, been a good signal of momentum of late


london red  10:23:56 GMT - 03/25/2014  
Bunch of short term fibs 13795-13804 acting as support. Cap at 13830/35. Either side of that last weeks low and 10 day ma on upside.


GVI Forex Jay Meisler  09:57:47 GMT - 03/25/2014  
Thanks Red

More logical explanation for a market that had no explanation for the market moves.


london red  09:45:39 GMT - 03/25/2014  
Some large orders on cme were put down to a fat finger but the buys were part of the closing out of a large short euro long gold position.


London Chris  09:35:01 GMT - 03/25/2014  
Red are you saying the late moves in eur and gld were caused by the eurgld buy order?


jkt abel  08:45:05 GMT - 03/25/2014  
buy euro on dips as long as 1.3740 holds this week IMO


london red  08:35:17 GMT - 03/25/2014  
draghi comments on exchange rate are what will ultimately decide fate today. yesterdays spike down to exiting of a large short euro/long gold position fwiw.


Brisbane Flip  08:14:17 GMT - 03/25/2014  
Yeah it was probably leaked to someone about 6PM london time yesterday by the looks of the spike -haha


bali sja  07:49:42 GMT - 03/25/2014  
PAR, forget about that 1.3750 eh?


PAR 07:31:52 GMT - 03/25/2014  
Euro and European stock markets opening higher as expectations for German Ifo seem too low . Looking for a very strong IFO number hence a higher Euro later today .






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