Tag Archives: eurusd

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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Mar 8, 2018 – Market Update (ECB bit hawkish, tomorrow’s US NFPs’ earnings bit weaker can push EURUSD above 1.2500; EURUSD weekly – a funny joke 1998-2000; Fed- 5 hikes in 2018?; S&P 500 still a bit rich but reasonably attractive; USD and US deficit correlating as before dot.com bubble; USD decline impacting reserve currency status; Aramco IPO going against OPEC?)

Mr Price Action/ March 8, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia in green after strong US session yesterday On Trump softer on tariffs – but do not get mislead by risk on mood Europe opening flat to higher   ECB today likely to confirm a gradual shift But still not major change in wording Draghi to talk down any hawkish views despite strong EZ economy   Fed 4 hikes warranted, eventually

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Feb 2, 2018 – Market Update (NFPs day but a high bar for USD to rise, Trys rising but where is the USD?, Rising yields challenging stocks (dividend/higher financing), Strong EUR to weight on EU stocks soon, Italy in or out?, eBay dumping PayPal and going for Adyen, Insurers to sell cryptos theft protection)

Mr Price Action/ February 2, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia lower Europe opening mixed Strong EUR to weigh on EU stocks soon 10-yr Trys yield above 2.75% putting pressure on stocks As dividend yield is not as attractive as before and cost of financing for companies is getting higher With recent rise in US yields, economic numbers and improving earnings season Are we going to

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Jan 25, 2018 – Market Update (Trump up, Mnuchin down but market is concerned about who will buy US debt; ECB – just up is a problem but Draghi likely not to say anything again); EURUSD set to check 1.2500; Weaker USD good for equities; Gold – make or brake the 1380, then 1484…?; BofA with most blockchain patents; Qualcomm fined USD 1.2 bln by EU; Mexican drug cartels stealing fuel)

Mr Price Action/ January 25, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia mixed to lower Europe opening lower Trump a year ago – USD strength means confidence in US and his presidency Mnuchin yesterday – USD weakness good for US economy …and market took it as a future direction of US policy In other words the US trade war has begun and weak USD is part of it Market is concerned about widening current

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Jan 15, 2018 – Market Update (USD hit by non-US monetary tightening, No Bitcoin ETFs/mutual funds (for now), Bulls at extreme levels, SoftBank to list mobile biz, EUR longs up again, EURUSD to consolidate today, Gold to attack 2017 high at 1357, facing 1357-1375 range resistance)

Mr Price Action/ January 15, 2018/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia in green Europe opening higher Trumps racist comments are dangerous in general And can also change the behaviour of the public Thus hurting the consumption habits, investments and economy FR and GE looking at EZ investment budget/reforms USD hit by markets pricing monetary policy tightening in other developed countries Bitcoin ETF Fast Track Derailed by SEC Liquidity, Safety Worries  link Applications for 12 ETFs and

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Jan 11, 2018 – Market Update (Cryptos getting hit in SoKo, Chinese like Trys anyway, 10-yr Trys yields holds above 2.50% despite China/BoJ, USDJPY looking towards 110.00 ?, VIX above 10 but still very low, Bayer hoarding cash by selling more Covestro, Aramco seeking cheap loans ahead of IPO, PIMCO to buy more Trys on recent weakness, SNB with profit of USD 55 bln)

Mr Price Action/ January 11, 2018/ Market Update, Market Update Posts/ 0 comments

Short recap Asian in red as stocks getting nervous, VIX above 10 Europe opening lower Cryptos – SoKo preparing a trading ban, tax authorities cracking on some exchanges China – halt of Trys buying based on wrong info (I like it as some made a nice money..) US attacking NAFTA, opting for more protectionism While French Macron signing nice contracts in China   Equities Volatility still remains low but that can change

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Dec 5, 2017 – Market Update (Brexit and US tax bill market movers, EU to review US tax bill and its implications, S&P 500 & DAX – what’s next?, Apple to start to paying back taxes to Ireland in Q1 2018 (EUR 13 bln), Toll Brothers facing lack of skilled labour – an issue for home builders across US)

Mr Price Action/ December 5, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia took a break Europe opening flat to slightly up US tax bill refining continues as the bill moves from Senate to the House before it lands on Trump’s table Many have changed the wording from tax reform bill to tax bill AMT getting challenged as many companies may loose the tax break and pay the 20% alternative

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Nov 29, 2017 – Market Update (OPEC day but will Russia, Iraq, Libya, Nigeria join? Preliminary Brexit bill EUR 50 bln, Gold attacking 1300 but…, EU to freeze funding for tax heavens, to prepare new black/grey lists, Softbank looking to buy Uber shares at 30% discount, Bitcoin a threat to global economy?)

Mr Price Action/ November 29, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap Asia in green Europe opening higher OPEC day today with not only oil but energy stocks in focus NoKo threating with new missile test again But no reaction from the markets (a sign that conflict escalation is low for the time being) Powell with dovish tilt, no change to rate path HFs having hard time to earn money from bond and

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