ASSALAMOLALEIKUM MY DEAR FELLOWS
euro trend is bullish buy at 1.3020 TP 1.3060 SL 1.2990
BULLISH TREND BUY at 1718.30 TP 1727.00 SL 1714.00
Added by Hussain malik on December 3, 2012 at 2:06pm — No Comments
Currently we are at 1.6085 after breaking the resistance cluster level to the north. The first target area is the R3 @ 1.6106. The big target is the Resistance/R5/1.618 Fibonacci extension @ 1.6210. The average daily trading range (ATR) is 71 pips.…Continue
Added by Scott Barkley on December 3, 2012 at 2:03pm — No Comments
I just sent out this week newsletter. I hope you like it:
Read David, Vladimir & Haitham653 Every Day
Last week, our Network of FX Traders Forexstreet.net reached new…Continue
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Added by Francesc Riverola on December 3, 2012 at 11:30am — No Comments
EUR/USD continues to move upwards, as the pair has crossed above the 1.30 line. The euro has looked sharp in recent trading, gaining about one cent in the past week. Market sentiment was buoyed over the weekend as the German Parliament gave their approval to the latest aid package for Greece by a large majority. This paves the way for Greece to receive a total bailout worth 44 billion…Continue
Added by Yohay Elam on December 3, 2012 at 11:09am — No Comments
UBS - "EURUSD BULLISH With trend/momentum indicators pointing higher, there is potential for more upside and scope for a test of 1.3140/72. Support lies at 1.2939.
USDJPY BULLISH A break above 82.84 would extend the recent strength to 83.30 and then 84.18. Support lies at 81.91."
Added by Francesc Riverola on December 3, 2012 at 11:03am — No Comments
Bank of Tokyo Mitsubishi - "FX Compass
Level Bias Support Resistance
USD/JPY 82.305 ↔ 81.50 83.40
AUD/USD 1.0406 ↔ 1.030 1.055
NZD/USD 0.8196 ↔ 0.810 0.835
EUR/USD 1.3028 ↔ 1.285 1.315
EUR/GBP 0.8121 ↔ 0.800 0.820
GBP/USD 1.6040 ↔ 1.590 1.615
EUR/CHF 1.2061 ↔ 1.200 1.210
EUR/NOK 7.3839 ↔ 7.250 7.500
EUR/SEK 8.6656 ↔ 8.500 8.750
USD/CAD 0.9927 ↔ 0.980 1.005"
Added by Francesc Riverola on December 3, 2012 at 11:00am — No Comments
Deutsche Bank - "We continue to work on the presumption that real economy data will reinforce the message that even within the confines of global economy that is only growing fractionally above 3%, there is a firmer foundation for risk appetite in almost every respect from what prevailed at the same time last year, including: 1) reduced EUR area tail risks; 2) a bottoming in China growth, with less than expected evidence on a loss of policy traction; and, 3) a US economy that can still grow…Continue
Added by Francesc Riverola on December 3, 2012 at 10:56am — No Comments
Friday's powerful gains have altered investor sentiment in this currency pair to Bullish. Early price action is, unsurprisingly, attracting some profit taking but the Marabuzo line created Friday, 8.8480, should protect the downside on a daily closing basis.…
Added by Alan Collins on December 3, 2012 at 10:07am — No Comments
Added by 50Pips on December 3, 2012 at 10:00am — No Comments
Added by 50Pips on December 3, 2012 at 9:30am — No Comments
It seems that we can no longer label those heavily indebted countries of Southern Europe as being the periphery.
The idea that Greece leaving the Eurozone could cause the disintegration of the single currency means that the tail continues to wag the dog and will do for some time to come.
Europe is at last waking up to the idea that were Greece to leave, then the domino effect could be catastrophic. Keeping Greece in the club and funding its needs seems to have been accepted as…Continue
Added by Alan Hill From Sarrafx Trading on December 3, 2012 at 9:09am — No Comments
A positive data from China held asian stock positive and inturn has seen a sharp rally in EUR-USD. The Friday's commodity selloff has however kept commodity currencies like the AUD and NZD tepid due to which we may see divergent currency trend for today.…
Added by trendprofiles on December 3, 2012 at 7:31am — No Comments