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gunes unver commented on gunes unver's blog post Yen penetration of 102 line
"Closed euro short position, pointless to wait 1.278 tp because of the weekend."
Friday
gunes unver posted a blog post

Yen penetration of 102 line

Usd/jpy has penetrated the historical 102 line. This is important news because it means the pair is literally within 102-130 range. I believe the japanese are thinking to lead the currency war now. Possible events are fed reaction to this determination. There is range towards 105's but feds reaction might come at any point so longing here is risky. It is better to wait 95-99 levels to long the pair although scalping option is always open.Fed will probably react by manipulation of worldwide…See More
May 15
gunes unver commented on gunes unver's blog post Euro Spring
"Dollar weakness pulling the eur pair up, its time for expected event in europe. Its time to take a break, Events rule the market right now."
Apr 16
gunes unver commented on gunes unver's blog post Euro Spring
""FED's priority is to create an environment for job creation and will apply brakes by using various sorts of ruthless manipulation." I never expected gold to be the source of FED's ruthless manipulation. Quitting eur/jpy long,…"
Apr 15
gunes unver commented on gunes unver's blog post Euro Spring
":D Dont rush, at least not before italian politics gets a resolve or US reaction to weak yen. I mean i dont feel that way before 1,28 broken downwards. By the way i dont trade eur/usd right now, not until it rises to 1.33 levels or collapses down…"
Apr 11
No money commented on gunes unver's blog post Euro Spring
"BYE BYE 1.3350 !!!"
Apr 11
gunes unver commented on gunes unver's blog post Euro Spring
":D The point is that i believe weakness in japanese yen, caused by japanese stimulus (call it what u wish) is causing the recent weakness in us dollar as a reaction, surging the eur usd pair upwards to 1.33's. Eur is actually in a dominant…"
Apr 11
pandora commented on gunes unver's blog post Euro Spring
" Bad for whom:-) It pays to be a realist if you are involved in forex ..This picture is a prime example of a (Booker) forex kandinat .. Do not ask why they lose money in forex. -) "
Apr 10
pandora commented on gunes unver's blog post Euro Spring
" wonder how the market would react if Obama is found in bed with a boy or a dead woman in bed !! "
Apr 10
Peter jcp commented on gunes unver's blog post Euro Spring
"Hi Leon - my question would be - why do either of those scenerio's? - what's to say price stays 100 pips either side 3000 for 2 yrs ;-)). What happens next week if Mr Obama gets shot - and they find massive oil wealth under Greece ?. I…"
Apr 10
Peter jcp commented on gunes unver's blog post Euro Spring
"Interesting comments from Leon and Gunes. I am sure the large key players know that all traders will base price - to some degree on the Fundamentals - the Technicals and of course the Historical information - as what goes up - normally comes down -…"
Apr 10
Oasis commented on gunes unver's blog post Euro Spring
"ok Leon, thanks."
Apr 10
Oasis commented on gunes unver's blog post Euro Spring
":) Leon, what about the historical price action at 1.3385. "
Apr 10
No money commented on gunes unver's blog post Euro Spring
"Mb not Gunes... Like last year... Regards"
Apr 10
Oasis commented on gunes unver's blog post Euro Spring
"Wow Gunes, I never thought it would get to 1.335. But if it gets there then why do you not think it will get to 1.3385 before getting rejected. Thanks for sharing your thoughts."
Apr 10
gunes unver commented on gunes unver's blog post Euro Spring
"Eur/usd loses momentum, probably diving to 1.295. Regardless the pair targets 1.335 before any major downfall below 1.285. Waiting 1.335 to enter short.  Any rise at eur/chf above 1.225 is an opportunity to short towards 1.208 - as long as…"
Apr 10

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Gunes unver's Blog

Yen penetration of 102 line

Posted on May 15, 2013 at 3:02am 1 Comment

Usd/jpy has penetrated the historical 102 line. This is important news because it means the pair is literally within 102-130 range. I believe the japanese are thinking to lead the currency war now. Possible events are fed reaction to this determination. There is range towards 105's but feds reaction might come at any point so longing here is risky. It is better to wait 95-99 levels to long the pair although scalping option is always open.

Fed will probably react by manipulation of…

Continue

Euro Spring

Posted on February 25, 2013 at 7:04pm 20 Comments

As i have written before, berlusconi was expected to completely devastate the italian and european politics and the results were expected. Eur/Usd is rebounded to 1.30 levels. Risk takers expected this too and reacted to election results earlier diriving euro down immediately after Draghi drag. In order to analyse euro in long term one has to look towards the union more closely.

First of all lets designate targets.

Eur/Chf targets 120,8  swiss intervention will come at…

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Euro Surge after Draghi Drag

Posted on February 13, 2013 at 2:52pm 0 Comments

Mr. Draghi said exactly the opposite of everything. Despite ECB's efforts, euro will probably rise to its technical level of 1.39 before losing any strenght. Europe has no clear reforms and despite recognising their monetary problems they show no applicable propositions to solve it. Currency wars is real, however it is a war of attrition so it will probably continue for a decade and its daily effects should be negligible. 

Europe is sinking, but not before italian elections.…

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Euro Surge Feb 4-8 2013

Posted on February 4, 2013 at 7:23am 3 Comments

General Analysis

Eur will behave bullish until italian elections in 25 february. Italy is the balancing country between germany-france unity and the rest of europe. With uneployment soaring to %25 in spain, i believe reelection of berlusconi will become a tipping point for euro.

The important thing here is how far eur/usd will go, to the up side. If it breaks 1.39 before elections than 1.43, if 1.43 broken 1.49, all before italian elections. At 26 february, eur/usd 1.50 and a…

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Comment Wall (1 comment)

At 10:55am on April 5, 2012, gunes unver said…
I checked, thank you sir.

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