Added by Jason Sen on June 14, 2013 at 9:53am — No Comments
EUR/USD is showing limited movement, as the pair trades in the low-1.33 range in Friday’s European session. The pair shrugged off strong US retail sales and unemployment numbers on Thursday. Inflation data is on the minds of the markets, as Eurozone CPI and Core CPI matched expectations. The US wraps up the week with two key releases – PPI and Preliminary UoM Consumer…Continue
Added by Yohay Elam on June 14, 2013 at 9:26am — No Comments
HSBC - "The USD is in the midst of a rally which has further to run. It is enjoying the perfect storm of tapering QE expectations, an intensifying currency war, concerns over China’s pace of economic growth, and the competitive gains from shale oil and gas. The resilience of the EUR and GBP has disguised the dominance of the USD, but the USD’s gains are widespread, and are particularly pronounced against emerging markets. But we expect a crack lower in EUR and GBP that will illuminate the…Continue
On Thrusday after slow European session , NY session brought in some momentum to USD pairs . USD gained
some strength in early NY session but lost it gains and move as day progressed. USD seems to be weakening mode . Current price action is testing moving towards some strong support and resistancezone, Is reversal on that card , time will be tell but momentum will be key.
EUR/USD is currently moving in uptrend. Currently price is testing a short term…
Added by Sardar Uddin on June 14, 2013 at 6:40am — No Comments
Instrument Trend Recommendation 14-6-2013
EUR/USD Sell below 1.3365TP1.3315/3265,SL1.3395 BOB1.3405
Buy above 1.5700TP1.5725/50 ,SL1.5685 ,BOS1.5670
GOLD Sell below 1386TP1378/73,SL1390,BOB1395
Sell below 95.33TP94.75/94.40,SL95.70BOB 95.85
Sell below 96.72,TP96/95.50, SL97.05 BOB 97.15
Important news, US PPI m/m at 5.30pm and US Prelim UoM Consumer Sentiment at…
Added by Usman Ali on June 14, 2013 at 6:40am — No Comments
Recommendations: LONG positions above 1.3341 with 1.3390 & 1.3435 as next targets.
Alternative scenario:The downside breakout of 1.3341 will call for a slide to 1.3270/1.3230
Description: The pair already found support at 1.3341, as long as this level holds,look for further upside gains towards 1.3390/1.3435 levels, an hourly close below 1.3341 would delay the bullish move but downside below 1.3341 is likely to be…Continue
Added by Vladimir Mihaylov on June 14, 2013 at 5:27am — No Comments
The GBPUSD continued to maintain its bullish momentum after breaking above 1.5630/1.5687 levels, next resistance is at 1.5803 ahead of 1.5878, stability above 1.5878 on a daily closing basis will have large bullish implication, and sooner or later the pair will target 1.6060 ahead of 1.6250.
On the downside, note that rejection from 1.5803/1.5878 levels is suggested , support is at 1.5630, a daily close below this level would weaken the current bullish run and pave the way towards…Continue
Added by Haitham653 on June 13, 2013 at 8:49pm — No Comments
There are a lot of EU 'gurus' here, but here is my trade. Will look to add more positions if it moves in a nice manner.…Continue
Over the last few days I have made a few quick visit to the chatroom and each time I see the same thing. Even though the total no of participants there vary between 70 and 100, the people whose names I recognize are never more than 10. Since I am not a regular in the chat room, the only people I know are those who keep a presence in this main page here.
This makes me uncomfortable and makes me think why is it that…Continue
Strong buying through the 4:00 pm London fix, 11:00 am in New York, squelched downside momentum in the euro and sterling. From 3:58 pm to 4:09 pm in London the euro shot up 50 points, 1.3294-1.3344, and the sterling soared 56 points, 1.5679-1.5735. The purchases countered good selling pressure in both currencies which had been near their lows of the session before the rush higher began.…Continue
This article was rated M for "mature" and on the scale between 1 and 10, I would rate it 274 as being offensive and outright intrusive, u have been warned! ;)
Latest news on the FXStreet:
- Recent shemales depopulation on the site has lead to the concern by other participants that things may turn gay very quickly here. Owner of the site, Spanish Franco expressed grave concern on the matter and promised to bring more shemales from Spain on…Continue
Currently we are at 125.40. We are in one of two trends. If it is the shallower trend we are going to bounce back to the 0.786 fibo @ 127.16. If the steeper trend is in force we will continue to the S7 @ 123.95. Will let the currency resolve the issue. The current average daily trading range (ATR) is 189 pips.…Continue
Added by Scott Barkley on June 13, 2013 at 1:24pm — No Comments
These days there is a lot of talk about Japanese equities, bonds and currency.
The below charts are just an intermarket view on the recent developments.
This first is a plot of the Nikkei and the Yen, with chart analytical tools. See how the confirmation of clear on the recent breakout, as compared to a failed attempt in the past.…Continue
Added by Gonçalo Moreira on June 13, 2013 at 11:07am — No Comments
The EURUSD continued to maintain its bullish momentum the past days, now pressure will be on the key resistance - broken support - 1.3370 - Feb 07 2013 low , the EURUSD will have to hold above the 1.3370 levels on a daily closing basis to push the market for further upside gains , If seen, it will target the 1.3485 levels where a breach will turn focus on the 1.3577/1.3600 levels.
Alternatively, a failure to hold above the 1.3370 levels could mean a return to the 1.3177 levels ,If…Continue
Added by Haitham653 on June 13, 2013 at 11:04am — No Comments