Tag Archives: #EUR

EURUSD (Daily) – Is the 1.1500 possible ahead of FOMC?

Mr Hawk/ March 19, 2019/ Charts Posts, Trade Idea, Trade Ideas Posts, Weekly Charts/ 0 comments

The bulls are trying to hold above 1.1300 what we find as a positive development. Daily close above may open the way towards the 1.1450/1550 levels that are close to the top of the channel. On the other hand daily close below 1.1300 will negate the bullish scenario and may expose the 1.1200 ahead of psychological 1.1000. Should you have

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EURUSD (Intraday) – 1.1300… Where from here?

Mr Hawk/ November 27, 2018/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

We were right last time with the view of 1.1200 holding (link). Are bulls strong enough to hold 1.1300 this time, especially after Trump auto tariffs threat? If they can, we may see a rally towards 1.1500/50. If they can not, we may have a break and daily close below that level what may expose the 1.1200/1180 and even 1.1000.

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EURUSD – Might be under pressure on Italian budget crisis

Mr Hawk/ November 13, 2018/ Chart Of The Day, Charts Posts, Market Update, Market Update Posts/ 0 comments

This note is an addition to our earlier view available here. As the situation with Italian budget is getting very serious, especially with the possibility of a break up of ruling coalition and negative impact on Italian banks. Apart from softer EZ data, continuing divergence between ECB and Fed policies, Italians are resubmitting the budget to EU today. As the

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EURUSD (Intraday) – Are we going to find a support?

Mr Hawk/ November 12, 2018/ Chart Of The Day, Charts Posts, Weekly Charts, Weekly Notes, Weekly Notes Posts/ 0 comments

…in relation to our view based on the weekly chart published a week ago (below article): A breakdown through an “ideal” double bottom formation and scenario 2 might be in play. The long weekend in US (market is open but lower liquidity expected) can present itself as a perfect envirnoment for a quick manipulation. Do you agree with us? Intraday

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Nov 8, 2017 – Market Update (EURUSD – H&S almost done, US yields not supporting further USD strength – a correction coming?, Oil – China demand lower on pollution cuts, Gold stuck in 1263-1282 range, ECB Governing Council meeting – watch the comments as more hawks on the Board, Apple – EU asked for more details about tax structure, Bitcoin an asset class?)

Mr Price Action/ November 8, 2017/ Market Update, Market Update Posts/ 0 comments

    Short recap   Asia up Europe opening lower Trump in China to ask for China cutting financial ties with NoKo US-Chinese companies signed USD 9 bln deals USD impacted by headwinds/slowdown related to tax reform (implementation in 2019) As the tax cuts will spike the budget deficit and will have only temporary effect on the economy (according to Fitch) Brexit –

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Sep 8, 2017 – Market Update (North Korea/Irma – unhedged over the weekend?, Dovish Draghi but no indications, 10-yr Trys yield dipping below may bring more declines, EURUSD – 1.2000 a fair value, 1.2100 to hurt sentiment and DAX, Platina to catch up Gold rally, WTI at USD 55 unsustainable, BMW taking e-cars seriously, Amazon in a need of 2nd US HQ)

Mr Price Action/ September 8, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening lower ECB kept its policy unchanged Draghi stayed dovish, has not offered any clear indication on what’s next Despite strong EUR pushing inflation lower and economy doing well Ifo head warning of next EZ crisis Market keeps testing upside in EURUSD North Korea (important public holiday 9.9. may be topped by another missile test) and Irma risks present – going unhedged to the

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July 12, 2017 – Market Update (All about Yellen today, Merkel flying EUR high, Siemens chasing their turbines, Chinese banks another opportunity, Trump and Russia again (but Junior this time), 10-yr Bund yields jumping above 0.60% mark)

Mr Price Action/ July 12, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe opening higher Trump Jr – Russia blow here but markets focus on Yellen Trump administration constantly distracted, not focussing on proper work Gary Cohn Trump’s candidate to replace Yellen Fed’s Mester likes taper sooner rather than later Merkel putting pressure on ECB to raise rates JPM’s Dimon – taper can caught people by surprise Chinese media speculations – PBOC should widen the 2% CNY daily trading band Funds kept

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June 19, 2017 – Market Update (Macron win a huge potential for France, Fed speakers, US groceries shaking up, extreme long specs in EUR – a fall to come?)

Mr Price Action/ June 19, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up Europe opening higher China-Iran to conduct join naval practice in the Gulf Iran firing over Syria Trump doesn’t like Cuban salsa Macron doesn’t need a coalition partner for important economic reforms France has a huge potential if he delivers PBOC made a huge CNY 110 bln OMO liquidity injection Stating the declining liquidity after

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May 23, 2017 – Market Update

Mr Price Action/ May 23, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe opening higher GBP volatile on Manchester bomb attack Merkel’s comments about weak EUR were more preparation ahead of today’s visit of Trump As well as preparation for Sep elections as Germans like strong EUR (DEM) while don’t mind to kick a bit ECB Trump acting as a mediator Muslim states, Israel and Iran Trump’s budget

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May 9 , 2017 – Market Update

Mr Price Action/ May 9, 2017/ Earnings Season/ 0 comments

Short recap   Asia mixed Europe opening higher but correcting Kuroda sees 2% inflation in 2018 To keep the short term rate target at -0.1% And 10-yr Japan bond yield at 0% UK’s employers having hard times to recruit foreign workers Fed’s Bullard having concern over weaker growth and inflation data in Q1 Alex Weber from UBS (former Bundesbank head):

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