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Do Currency Players Believe The Bailouts?

With a market trading more on hope and emotion than fundamentals, there is no better time to check in with the technicals to get some clarity. Breaking the situation down for you is Todd Gordon of Forex.com, who is shedding light onto what the charts are saying about the next stop for the Euro.

He goes into depth, highlighting the trades and trends the markets are pricing for the Euro against the US dollar. For his full analysis, check out the video!


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Trader disclosure: On February 10th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (AAPL) Call Spread; Najarian Owns (BP), Is Short (BP) Calls; Najarian Owns (DIS), Is Short (DIS) Calls; Najarian Owns (JNJ); Najarian Owns (MS), Is Short (MS) Calls
Najarian Owns (PFE); Najarian Owns (XLF) Calls; Najarian Owns (HIG) Calls

Seymour Owns (AAPL)
Seymour Owns (BAC)
Seymour Owns (F)
Seymour Owns (FCX)
Seygem Asset Management Is Short (VALE)
Seymour Owns (X)
Seymour Owns (EMB)
Seymour Owns (MSFT)
Seymour Owns (VIP)

Terranova Owns (BAC); Terranova Owns (JPM); Terranova Owns (OIH); Terranova Owns (DELL); Terranova Owns (MSFT); Terranova Owns (EMC); Terranova Owns (AAPL); Terranova Owns (GOOG)

Terranova Works For (VRTS)

Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.

Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (SKT)

Grasso Owns (ABK); Grasso Owns (AAPL); Grasso Owns (ASTM); Grasso Owns (BAC); Grasso Owns (BGP); Grasso Owns (C); Grasso Owns (COST); Grasso Owns (CSCO); Grasso Owns (FAZ); Grasso Owns (PFE); Grasso Owns (PRST); Grasso Owns (WMT); Grasso Owns (V)

Stuart Frankel & Co. Inc. And Its Partners Own (ABX)
Stuart Frankel & Co. Inc. And Its Partners Own (CUBA)
Stuart Frankel & Co. Inc. And Its Partners Own (GERN)
Stuart Frankel & Co. Inc. And Its Partners Own (GLG)
Stuart Frankel & Co. Inc. And Its Partners Own (HSPO)
Stuart Frankel & Co. Inc. And Its Partners Own (NWS.A)
Stuart Frankel & Co. Inc. And Its Partners Own (NXST)
Stuart Frankel & Co. Inc. And Its Partners Own (NYX)
Stuart Frankel & Co. Inc. And Its Partners Own (PDE)
Stuart Frankel & Co. Inc. And Its Partners Own (PRST)
Stuart Frankel & Co. Inc. And Its Partners Own (RDC)
Stuart Frankel & Co. Inc. And Its Partners Own (ROK)
Stuart Frankel & Co. Inc. And Its Partners Own (TLM)
Stuart Frankel & Co. Inc. And Its Partners Own (TOL)
Stuart Frankel & Co. Inc. And Its Partners Own (XRX)

Stuart Frankel & Co. Inc. And Its Partners Are Short (QQQQ)
Stuart Frankel & Co. Inc. And Its Partners Are Short (CL)

DENNIS GARTMAN

Funds Managed By Gartman Are Long Canadian Dollars, Australian Dollars
Funds Managed By Gartman Are Short British Pound Sterling, Euro
Funds Managed By Gartman Own (KBE)
Funds Managed By Gartman Are Short (XLF)
Funds Managed By Gartman Own (WMT)
Funds Managed By Gartman Own (FDO)
Funds Managed By Gartman Are Short (RL)
Funds Managed By Gartman Are Short (SPG)

TODD GORDON

Gordon Is Short Australian Dollar

TOM LYDON

Lydon Is A Board Member Of Rydex/SGI