Royal Bank of Scotland - "Against the background of improved US data and more easing from the Bank of Japan, the focus has been on a break to the topside in USDJPY. But we believe an Obama victory should see US Treasury yields move lower – suggesting in turn that the JPY bears may have to wait a little longer.
Trade: Buy 1m USDJPY 78.50 European Digital (payout if spot is below 78.50 at expiry)
Entry: 18.0% of USD payout [80.10…
Added by Francesc Riverola on November 6, 2012 at 9:21am — No Comments
Well... the title of this small post speaks by itself... 8,500 members already, and no better way to celebrate it than scrapping all-time highs last week.
The site reached 17,600 visits, just 300 visits below the all-time high of 17,900 reached in the week of July 10th to 16th 2011. In unique visitors, the site stood at 7,380, very close from the high of 7,555 reached the week of June 3rd to 9th 2012
Great numbers indeed... and these is just THANKS TO YOU…Continue
In what is believed to be a key week for the financial markets, the Euro heads to a month-low versus the British pound. Concerns over Greece failing to secure needed funds add to an economic slump, as shown by recent fundamental data from the region. Things look a little better across the English Channel as manufacturing production in the UK is perceived for a rebound.
The Greek government is hoping to pass two votes through parliament, with one Greek minister telling CNBC that…
Added by Aviv Shapiro on November 6, 2012 at 8:37am — No Comments
eur/usd is now:: 1.2787
buy eur/usd now at :1.2787 t/p:1.2838 s/p:1.2770
if the order did not hit t/p and s/p…Continue
Added by mathi on November 6, 2012 at 6:08am — No Comments
USD is showing muscles these days, and all currencies including gold run from it like mice from a cat. Like i've said yesterday EUR needs a corrective move higher - it didn't happen yesterday so today will be the correction day. We need a confirmation for example H4 close above 1.2805-10 will be enough. First resistance is 1.2840-50, second and stronger is 1.2880-1.2900. That last will bounce and the prices will return to 1.2820, from where there will be two possibilities - first to attack…Continue
BUYSTOPS @ 1.2818 SL @ 1.2782 TG 1.2827-2835-2853-2870-2889-2907
SELLSTOPS@ 1.2782 SL@ 1.2818 TG 1.2774-2765-2747-2731-2713-2695…Continue
Added by Y.R.Gajjar on November 6, 2012 at 1:03am — No Comments
eur/usd now is 1.2791
buy eur/usd now at 1.2791 t/p:1.2835 s/p:1.2775
if the order did not hit t/p and s/p activated then:
sell stop at 1.2775 …Continue
Added by mathi on November 5, 2012 at 8:57pm — No Comments
eur/usd is now 1.2789
sell eur/usd now at 1.2789 t/p:1.2749 s/p:1.2810
if the order did not hit t/p and s/p activated…Continue
Added by mathi on November 5, 2012 at 8:45pm — No Comments
Added by Francesc Riverola on November 5, 2012 at 8:36pm — No Comments
Rabobank - "Forecasts 1mth 3mth 6mth 12mth
1.28 1.29 1.30 1.35
2.03 2.02 2.02 2.00
485 480 480 475
1810 1790 1780 1760
12.9 12.8 12.6 12.2"
Added by Francesc Riverola on November 5, 2012 at 7:51pm — No Comments
UBS - "Our core view remains bullish on the dollar. Friday's better than expected payrolls report underscores our belief that America's economy will emerge from the crisis sooner than the Eurozone, UK and Japan. As a result the Fed's current round of easing seems to be priced into markets already. In contrast, further easing by other major central banks like the BoJ and BoE is still likely to weigh on their domestic currencies over the next few months. With dollar diversification having…Continue
Added by Francesc Riverola on November 5, 2012 at 7:46pm — No Comments
USDCHF: With the pair extending its last week strength, the risk is for it to decisively break and hold above the 0.9424 level. It was testing that level at the time of this of this analysis. Above here will resume its short term uptrend towards its Sept 10'2012 high at 0.9482 followed by the 0.9606 level. Its weekly RSI is bullish and pointing higher supporting this view. Alternatively, as long as the pair remains below the 0.9424 level, there is risk of a return to the 0.9213 level. A…Continue
Added by fxtech on November 5, 2012 at 6:24pm — No Comments
Deutsche Bank - "The reaction after the first debate and entrenched recent SPX- USD correlations, suggest that a Romney ‘risk on’ trade will quickly be associated with a weaker rather than a stronger USD.
A Romney win would however support longer-term US growth expectations and ultimately reaffirm the yen as the pre-eminent funder. Buy EUR/JPY, MXN/JPY, and an Asia basket (KRW, TWD, MYR) vs. the JPY. The latter trade is enhanced by an expected tougher line on Chinese FX policy. Gold as…
Added by Francesc Riverola on November 5, 2012 at 3:22pm — No Comments
Danske Bank - "GBP/JPY - above 129.65 will extend gains to 133.45 and 134.45/135.10 - buy on dips for initial extensions higher to 131.80 and 133.45. Suggest placing a stop under 124.75."
Added by Francesc Riverola on November 5, 2012 at 3:00pm — No Comments
Danske Bank - "We recommend buying EUR/CZK 25.267 for a 26 objective, a level last seen in November 2011, and with a stop at 24.90, just below the strong technical resistance level at 24.93.
We think that lower Czech interest rates for longer and a considerable risk of FX intervention by the Czech central bank have increased the probability of a substantially weaker CZK on a one to six month horizon."
Added by Francesc Riverola on November 5, 2012 at 2:57pm — No Comments
BBH - " To us, the biggest market impact from the presidential elections will likely come from the potential successor to Fed chief Ben Bernanke when his term ends in 2014. All indications are that he would step down if Obama is reelected and that he would not be asked to serve again if Romney wins. Romney’s economic advisors have been highly critical of Bernanke’s unorthodox policies, and so a Romney pick would most likely dial Fed policy back towards a less dovish stance. This would be…Continue
Added by Francesc Riverola on November 5, 2012 at 2:09pm — No Comments
Added by Curt Wehrley on November 5, 2012 at 1:53pm — No Comments