tag:blogger.com,1999:blog-35789191906595367422024-09-27T15:13:54.959+02:00Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.comBlogger88125tag:blogger.com,1999:blog-3578919190659536742.post-25448336672297364692013-01-05T18:14:00.000+01:002013-01-05T18:18:20.628+01:00

The pair ended the week trading 1.3069 after falling 300 pips from the high. After a rally that brought the pair from 1.2660 area to 1.3300 the bull had some asitation and after 2 weeks trading in a narrow range the pair retest the 1.3300 level and than print a candle wich indicate a clear trend reversal: new high and bear candle, this was followed by a 200 pips bear candle and a new trend

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-21324905777734421552012-03-04T17:11:00.001+01:002012-03-04T17:11:14.992+01:00

The pair during last week went to a high of 1.3486, the highest level since Dec-2011 and failing to go higher, closed the week at 1.3200. Long term targets are 1.4200 so the upside and 1.26 for the down side.Looking at Fibonacci we can say that the pair after breaking out the 38.2% of 1.42-1.26 move went to 50% retracement and failing to break out went back to 38.2%; if short term outlook

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-21932567939613003212011-11-01T08:25:00.002+01:002011-11-01T08:29:35.667+01:00

Come to visit the new version of the bloghttp://forexdc.blogspot.com

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-83565978875687413052011-10-31T21:53:00.001+01:002011-10-31T21:53:58.148+01:00

the pair went erased last fiday bull and went below last friday low; next target 1.3675 area; The pair started the day @ 1.4136 and was driven in a single  direction down. After some great and expected support around 1.4000 the pair followed down to 1.3827 to trade now around 1.3850. It is clear that the bulls failed and the bears will now get some support from the closing long

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-10744070761277771642011-10-31T18:02:00.001+01:002011-10-31T18:02:17.938+01:00

A headline out of reuters says that option players are betting on more yen intervantion in the short term, also if they did not see this intervention having a lasting impact.  

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-38587333162551820412011-10-30T17:25:00.001+01:002011-10-30T17:25:02.387+01:00

short opportunity; mid term bull trend; target 1.3800 with tight stop loss or buy lows with target 1.4550 for mid-long term trades; The pair closed last week @ 1.4150 area, after a bull move that from a low of 1.3150 triggered through all retracement target and went up over 61.8% of last bear move. right now the clear target will be 1.4550, but in the meantime I see some opportunity to collect

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-6394867463332728082011-10-25T15:51:00.001+02:002011-10-25T15:51:04.059+02:00

Opportunity to sell now; stop 1.4000 target 1.3700   aparently the meeting of eu ministers is cancelled; the rate failed to continue over 1.3950; and there is a clear possibility that it will go back to 1.3700 area.  

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-46175549236451435582011-10-24T14:59:00.001+02:002011-10-24T14:59:57.983+02:00

eurusd Sell opportunity; stop @ 1.3900; target 1.3844; on the daily chart the pair is trading the 50% resistance of the last bearish move; we can see in the hourly chart that eurusd is trading close to the middle bollinger band, but is below it at the moment; a clear failure to go through the middle bollinger band should be a clear sign to go short with a target to the low of current

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-14795651989895191392011-03-15T09:06:00.002+01:002011-03-15T09:07:30.713+01:00

The pair is trading @ 1.3911; Yesterday it went from a low of 1.3903 to a high of 1.4002;Apparently no news drove the pair, except for the stories from Japan. the consequences of the tsunami will weight for sure on the energy prices, which haven't raised a lot so far, so we still have an opportunity to buy; after the nuclear plant trouble we saw yesterday the Germans saying that they may reduce

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-66027453737898826112011-03-14T08:52:00.001+01:002011-03-14T08:52:36.828+01:00

The pair is trading to 1.3940; this morning it went to 1.3980 after opening the week at 1.3965; Clearly there is indecision among the bulls to buy further around 1.40 area. The energy complex this morning is trading down on the day and that should support the Dollar against the Euro. Later we have the industrial production m/m for Europe, which is seen up 0.4%, 0.1% higher than the previous

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-80411700855248922452011-03-13T16:59:00.001+01:002011-03-13T16:59:30.762+01:00

The Pair started the week trading up to 1.4040 and than went down to 1.3753 last friday, to find some boost and regain area 1.3900; In my view it already priced a possible ECB rate hike at 1.40 area, and than the pair went down probably on the fact that the energy prices were off from the high of the previous week, making the usd looking stronger than the Euro. Last Friday main news was

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-51689961947141415652011-03-01T18:47:00.001+01:002011-03-01T18:47:22.536+01:00

The pair is trading @ 1.3812; today it went from 1.3787 to 1.3855. it was clearly bought on dips and lost momentum on reistance level. It went down to 1.3812 from high on Bernanke speach. It will be probably bought on dips once again. Oil is high on the day, but it looks like the main factor driving the pair is Trichet conference next thursday. So up to that moment seems that nothing will

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-37947686460740796382011-02-28T16:26:00.001+01:002011-02-28T16:26:35.725+01:00

The pair is trading @ 1.3837; today went from a low of 1.3710 to a high of 1.3855. Traders are betting on some sign from trichet next thursday that will give an indication of an imminent rate hike. The trend is bullish, I see next resistance @ 1.3867 and after that 1.4000. If the rate hike expectation will not be confirmed clearly the pair is set to fall down to 1.3400. Today all the

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-67351852943991208952011-02-27T11:34:00.001+01:002011-02-27T11:34:57.637+01:00

The pair has close the week @ 1.3754, trading from a low of 1.3526 to a high of 1.3838. the main driver of last week were based on two main factors: the possibility the ECB will hike the interest rate sooner than the FED and the Libyan unrest which is pushing energy prices higher and is causing some risk into the market. For what concern the possibility for the ECB to hike the interest rate

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-72434111570902530762011-02-25T08:30:00.001+01:002011-02-25T08:30:06.736+01:00

The pair is trading @ 1.3831, yesterday it went from 1.3703 to 1.3837; the reason should be that the dollar it's not a low risk investment anymore, since investor prefer swissy or Japanese yes; on the other side it looks also clear that the ECB will hike the interest rate much earlier than the FED. No comment on this. In Libya the situation is really bad right now, yesterday we saw the oil going

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-63946934122855518822011-02-24T08:23:00.002+01:002011-02-24T08:29:25.629+01:00

The pair is trading around 1.3735 and is falling down since the last hour. Yesterday it went from 1.3682 to 1.3785 to close @ 1.3775.The main argument that explain the rise of the Euro against the dollar is that the north Africa crisis will boost energy prices, especially the Brent and so will impact on the European inflation. Now because for the ECB is mandatory to keep inflation below 2% they

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-23054873947397167842011-02-23T08:33:00.001+01:002011-02-23T08:33:25.877+01:00

The pair traded from 1.3526 to 1.3703 during yesterday. The main driver of the day were the Libyan unrest and a talk on a possible rate rise from ECB.  So it happened that the euro went to touch his day low on Libya unrest, and than recovered something like 180 pips as some ECB officials start talking about the opportunity to rise interest rate to avoid inflation. I am not sure this is

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-37891897879534393812011-02-22T07:43:00.008+01:002011-02-22T08:15:31.975+01:00

The Pair is currently trading around 1.3590, more or less 100 pips below yesterday morning at this time. I have never saw the eurusd moving 100 pips at midnight London time, interesting. The reason may be the fact that yesterday was a US holiday and so there was no enough liquidity to push the pair down, also if it was clear that with all the Libyan bad news it should have been down.The other

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-56090017850661097432011-02-21T08:34:00.006+01:002011-02-21T08:51:01.346+01:00

The pair is unchanged to far in this start of the week. If we closed last week with some worries about the time the FED will increase it's interest rate, we are starting this week with some worries about the EU nations debt and their ability to face it.Spanish debt yields have risen recently and this is a fact that will weight on the Euro during this week.Today it is bank holiday in US but we

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-77511133457712942772011-02-20T20:25:00.004+01:002011-02-20T20:39:21.256+01:00

Hi all,here I am, back.the pair last week went from 1.3420 to 1.3720. Also if it was trading for most of the week between 1.3450 and 1.3550, during last few hours Friday it rallied 150 pips to close @ 1.3693.Apparently the main reason for the rally was the perception that the FED will not increase the interest rate really soon, against the fact that the EU may do it due to an increasing

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-49704128208589737232010-05-26T22:59:00.004+02:002010-05-26T23:16:19.005+02:00

The pair is trading @ 1.2171 falling for the third consecutive day; we are approaching again the low of few days ago that is also the low of the last 8 and 1/2 years if I am not wrong. Probably a good correction is needed before bet on the violation of 1.2000, fresh money are needed for the bears to go further. Probably the double low at 1.2170 area will be the start for a good correction to

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-2221702924507378172010-05-25T21:57:00.004+02:002010-05-25T22:16:08.813+02:00

The pair is trading @1.2333 right now. It is retracing after the low of the day that was 1.2172; considering the high settled yesterday night and low of the day the pair has recovered more than 61.8%. Right now the pair is trading close to the lowest level since 4 years. last week after fixing the new low, the pair went up around 500 pips, most of that is due to a short covering resulting from a

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-82650885424875969712009-10-25T18:27:00.003+01:002009-10-25T18:54:05.014+01:00

The Pair closed the week ended Oct 23rd @ 1.5007; during last week the pair traded between a low of 1.4828 and a high of 1.5060; during last session the pair went often to 1.5030 area, but never was strong enough to settle a potential new high. the equities market went down in the last trading session and in general it showed a possibility that a correction is needed. the pair is in a bullish

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-72780723780616720882009-09-14T08:27:00.005+02:002009-09-14T08:55:43.876+02:00

The pair is trading @ 1.4532; during last session it went up to 1.4635, and than down to 1.4570; this week it open up to 1.4600 but it is already retracing down. What happened is that Thursday 7th after a data on US employment the market first went down and after a couple of hours it started a bullish period that in the case of EUR/USD lasted 400 pips; that data was negative, but better than the

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0tag:blogger.com,1999:blog-3578919190659536742.post-77198447317248188872009-08-28T08:30:00.002+02:002009-08-28T08:52:19.239+02:00

The pair is trading @ 1.4348; yesterday it was down @ 1.4220, but yesterday evening right before close it went up to 1.4404 in 30 min; the reason want to be the fact the the Euro zone is getting out of the recession, while the US is not reverting it's negative phase; index executive and consumer sentiment went up and so it was easy for traders to buy Euro vs dollar, the Euro zone pay higher

Princepersiahttp://www.blogger.com/profile/09974886158600661533noreply@blogger.com0