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

EUR

Discuss EUR in this thread
 
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catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 27, 2010 22:20
well.. a kind of strength analysis doesn't unveil a "strong" EUR neither a weak USD.
Why is JPY weak, and also CHF?
I don't think this is normal fx trading i think it is CB actions.
said
mulhouse, France
Posts: 2822
14 years ago
Jul 27, 2010 22:16
if u feel confident with ur trading charge eurusd but place a SL
said
mulhouse, France
Posts: 2822
14 years ago
Jul 27, 2010 22:09
i dont know
but few weeks months ago i was projecting a target of 1.50 for eurusd.
WHAT U SEE AS A DOUBLE TOP HS MIGHT BE AN ASCENDING TRIANGLE WITH THE HORIZONTAL LINE TO THE 1.30 AREA
THAT MEANS THAT A BREAK ABOVE MIGHT BE IMMINENT AND WE R HEADING SOON TO UPMOVE
WAIT FOR GOLD TO HAVE MAJOR MOVE CORRELATD WITH EURUSD
AS FOR OIL AS SAID I WAIT THE CONFIGUARATIO OF THE PULLBACK PATTERN.
Posted Anonymously
14 years ago
Jul 27, 2010 21:19
Do you see a potential double top & H&S pattern on eurusd 1HR chart?
said
mulhouse, France
Posts: 2822
14 years ago
Jul 27, 2010 20:25
1.40? for euro
sounds plausible
i told u rrose to have alook at the dynamics on EW

GL trading all
Gunjack
London, UK
Posts: 1184
14 years ago
Jul 27, 2010 19:07
Current pullback in 10y Bund seems like a good buying opp...massive resistance around 127.12 and if advanced US GDP data not so good then time to cash in
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 27, 2010 17:28
EURO-BUNDS CORRELATIONS: Euro proving to be more responsive to rising bund yields than USDX is to rising US bond yields. EURUSD correlation with German 10 year yields stood around 0.93 since May vs. -0.62 for the correlation between USD Index and US 10 yr yields. The CHARTS below
http://chart.ly/rmn3ns

show EURUSD is more responsive to gains in German bund yields (lower left chart) as opposed to the relationship between USDX and 10-year note (upper left), where the correlation breaks more occasionally (see circles) and sometimes becomes inverse. This means that EURUSD will likely extend gains on strong Eurozone figures, which may include econ data and European earnings.




Ashraf
cinta
jakarta, Indonesia
Posted Anonymously
14 years ago
Jul 27, 2010 15:51
Ashraf,
Please where I can find 10 yr spread German charts? Please give me the link.

thx
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 27, 2010 15:42
consumer confidence fell,too , close to 50% USDx strengthens EURCHF tops out
Qiman
United States
Posts: 237
14 years ago
Jul 27, 2010 15:38
In contrast to some here, To me the Euro looks to be encountering headwinds today, and I am skeptical it will go back to its intraday high. Not impossible, and It might gain back some momentum, but I will wait for clear signs in the charts. The market in general is filled with much indecision for now, and predictions could be problematical.
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