Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
1...195819591960196119621963196419651966196719681969197019711972...3077
subway90
Posted Anonymously
13 years ago
Apr 1, 2011 13:22
correction....

clear close below 4140 and next support comes in at 4080/90...
subway90
Posts: 1078
13 years ago
Apr 1, 2011 13:15
just in time for NFP...

support line running through 4140 level now.... clear break would see test of 4060/70...
only break below 4060 risk further drop.....

to the upside... resistance comes in at 4180 then further up... main resistance comes in at 4210/20...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 1, 2011 12:57
Plosser speaks in 20 mins. Fed dudes overly vociferous recently imo. Pain in the ass dudes.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Apr 1, 2011 12:46
The cost of insuring against losses on the senior debt of European banks fell to the lowest in more than five months after Ireland ruled out forcing bondholders to share the cost of rescuing its lenders.

Hum... didn't push Euro
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 1, 2011 12:23
Ah, sorry misunderstood you.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Apr 1, 2011 12:17
Expect very positive NFP consequence DOW drops hard USDx raises triggered by Tnotes price
JPY raises
Place cable short EURUSD short two minutes before release NFP
DaveO
UK
Posted Anonymously
13 years ago
Apr 1, 2011 11:22
Catnip, not sure what you meant yesterday about last minute sell off in Dow stocks. The book squaring last 20 mins of session across the board in NYSE stocks was nothing unusual. The session had been narrow range sideways with neutral bid/ask vol. Last 20 mins went to -183.28 which very mild neg ending. (TVOL always jumps higher into the close).
Sir Ignore
United States
Posts: 3068
13 years ago
Apr 1, 2011 5:23
Trade:
Euro/usd long 1.4170 tp 4253

order L usd.ch @ 9230
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Apr 1, 2011 3:07
If the 4th time doesnt work try a 5th time. The EUR 24 bln in required capital for Irish banks under the banking stress tests means the Irish govt will need to raise more capital than the EUR 35 bln allocated under the EUR 85 bln bailout package from the IMF and EU. Allied Irish Banks will need nearly times the $EUR 5 bln it was told to raise. The euro has gone from starting the day with a bang via the 2.6% March CPI and hawkish comments from ECBs Smaghi to the Irish stress tests. But EURUSD remains well above the Feb 14 trendline support of 1.3980.

It is important to state the currency shall have a strong bias and retest the 1.4270s resistance mainly due to rate hike expectations rather than be dragged by peripheral problems. The other side of that coin is USD part, which enters another potentially strong NFP at or above the 190K. And so barring any upside surprises in US NFP, EUR will have next weeks ECB meeting to look forward to.


Ashraf
Sir Ignore
United States
Posts: 3068
13 years ago
Mar 31, 2011 22:41
u can put that on twitter, Cashraf..
Report Reply
1...195819591960196119621963196419651966196719681969197019711972...3077