Forum
Posts by "stationdealer"
750 Posts Total by "stationdealer":
84
Posts by Anonymous "stationdealer":
AUDYEN 7711 presently headed 7680
Ghazy I think we are just getting ready to move down 146 is expected.........
USDCAD 10413 looking for 10518 for some confirmation of 10600
EURCAD hit 12836 high today where all lots were liquidated
CHFYEN at 8080new weekly low look for up side as soon as EURUSD weakens EURCHF strengthens and yen to do weaker days ahead.
USDCHF is a good potential buy for 11300 I'm in at 11030 and 11120
Now did you understand what i meant about clear trend continuation.....
PBOC advisor Li Daokui: Yuan likely to rise about 3% vs dlr by end-2010 if euro steadies
Greek 5-year cds hits record high of 958 bps vs 934 bps in New York Wednesday. Risk of Greek sovereign default within 5 years at 56.5% says CMA datavision
Europe: Adrift amid the rift. FT examines the relationship between Berlin and Paris
Merkel rejects Obamas call to spend. Warns Europes crisis is far from over - WSJ interview
ECBs Trichet: Idea that austerity measures could trigger stagnation is incorrect
French May consumer spending +0.7% m/m vs median forecast of +0.4%
Euro zone industrial orders +0.9% m/m, +22.1% vs median forecasts +1.6%, +21.5% respectively
European stocks started out firmer before experiencing a marked reversal of fortunes. Risk aversion to the fore with yen, swissy, dollar beneficiaries.
EUR/USD started around 1.2330 and quickly came under pressure, BIS noted seller around the highs. Stops through 1.2290 were eventually tripped and we got down to session low 1.2263. Sources noted BIS back in market, this time buying around 1.2270 and weve edged a little higher, presently at 1.2285.
Cable marginally easier on day, down at 1.4965 from early 1.4985. The pairing has run into good interest to sell above the psychological 1.5000 line, topping out at 1.5010. Talk of sell orders gathered up at 1.5020/30 with stops just above there.
EUR/GBP lower on the day. Barrier option interest at .8200 was taken out and a session low .8185 posted before mild recovery, presently at .8205. Recent budget and split rate decision at last MPC meet continue to underpin sterling.
USD/JPY down at 89.45 from early 89.85, the yen benefitting from the Feds dovish monetary stance and heightened risk aversion.
EUR/CHF lower again, down at 1.3565 from early 1.3615 with SNB staying at home once again.
Princess=Sterling
Pretty Boy=Euro
Tossa=AUD
:)
We sit presently at 1.2297 having been as low as 1.2263 after stops through 1.2290 were tripped.
On Euro Time Lapse horizon expiring, we might have a fake break out just like we saw in cable last hour. But I see Euro pulling back lower to 12120. 1.2300 &1.2270 has been a strong resistance barriers and seen allot of swap next week everyone will be holding short here and stops near by.