Dec 10 /Dow Jones/. The euro/U.S. dollar pair hit an intraday high of 1.4760 against 1.4725 at Wednesday's close. Better-than-expected US foreign trade data slightly boosted risk appetite in the market, pushing high-yielding currencies higher. The pair is still trading within its recent range, with the euro's gains against the other high-yielding currencies being limited by lingering concerns about the sovereign ratings of some eurozone countries.
Yeah, it doesn't look like a reversal downwards. Tomorrow is Friday and there don't seem to be any revelations planned. There is some excitement in the market. So far everything is on track.
I wouldn't do that ....EUR goes to 1.4650 +/- first, and then we'll go for broke :)
If the fall continues, the nearest possible reversal level, the lower boundary of the falling channel, is around 1.4580-1.4570.
The same for the upside, the top is 1.4800-1.4810.
P.S. The yen scares everyone...
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Tighten up some more on the Onyx...
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The data will probably be updated in half an hour:
Yes, monitoring on onyx is very easy (5 minutes) and easy to watch. I can monitor your account :)
I've never been there before, I'll check it out now...