Deutsche Bank - "Each week - beginning with an announcement this Friday - Euro-area banks will have the option to re-pay part of the more than 1 trillion in 3-year LTRO liquidity drawn a year ago from the ECB. Many observers play down the FX impact of these prepayments as insignificant. In contrast, we think it is a major milestone.
First, the ECB will now stand out as the first central bank in the world where exit…Continue
Added by Francesc Riverola on January 23, 2013 at 12:00pm — No Comments
Added by Carol Harmer on January 23, 2013 at 10:32am — No Comments
After failing to surpass the 1.0500 mark and falling 53 pips in earlier exchanges, the Aussie-Loonie pair is making another hike. The Canadian dollar is projected to pare earlier gains from its Australian counterpart as investor sentiment favors the Asian commodity dollar. Trade sentiment has favored the riskier Aussie in the New York exchanges as the US equities market carries the demand from the nascent corporate earnings season, while the Loonie is beset by the interest decision…Continue
Added by Aviv Shapiro on January 23, 2013 at 9:55am — No Comments
ASSALAM O ALEIKUM my dear fellows
first of all thanx to ALLAH
by the grace of great ALLAH we recover our loss and target hitted
as we know yesterday we had big moves and as i told yesterday EU was played big games
but yesteray moves was…
Added by Carol Harmer on January 23, 2013 at 7:03am — No Comments
Added by Naveed Anjum on January 23, 2013 at 6:36am — No Comments
Gold activated our previous scenario by testing 1695.00 level, which remains valid so long 1700.00 level is holding.
A break above the descending channel could signal further gains and extend the move towards the top
of the range at 1800.00…
Added by Carol Harmer on January 23, 2013 at 5:54am — No Comments
As you see in the chart below, the pair is trapped in tight narrow range, the key support level is 1.3298/1.3310 the key resistance level is 1.3351/1.3371...
You may buy above 1.3310 with stop below 1.3298, target between 1.3351/71 levels, on the breakout of 1.3371, you may also long the pair with stop below 1.3350 and target at 1.3400/1.3450/1.3500...
You may also sell below / around 1.3351, stop above 1.3371, target around 1.3310/1.3298 levels on the breakout of 1.3298 you…Continue
Added by Carol Harmer on January 23, 2013 at 5:41am — No Comments
We had some big moves yesterday as i am calling such moves 'tennis'. EUR was locked in a pretty wide range a little bit over 100 pips and finally moves around 1.3310. Techincally the bullish outlook is not changed and all indicators on Daily still point to the upside, however a break below 1.3230 will change this, so be careful and below 1.3250 exit any longs. On H4 EUR is facing a large positive Ichimoku cloud, which it will try to break to the downside, but i think any attempt will be…Continue
Added by Sardar Uddin on January 23, 2013 at 4:55am — No Comments
Added by Gino R. on January 23, 2013 at 3:25am — No Comments