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  • EUR/USD Closes Week With Gains, Turns Positive On Monthly Chart - Are Buyers Waking Up? [View article]
    Europa is concerned about contagion but honestly we expected more impact. Financials are pressured to the down in stocks. experts believes that the today's gap will be filled.

    More info here:

    Mar 18, 2013. 09:19 AM | Likes Like |Link to Comment
  • Forex: EUR/USD Below The 1.3000, Time For Bears? [View article]
    Yes, some experts agree that the euro is overvalued and a high euro is hurting, more, the European (Germany) economy. The divergences between American and European economies are patents and in this way, USD is becoming a pro-risk trade.

    Before 2007, strong data usually meant higher stocks and it usually lead to a stronger greenback. but in the last years market traded on sentiment, selling USD as stocks rise signaling increasing confidence in the economic developments all around the world, and buying the safe haven on indexes slide and increasing distrust.

    But now, it seems something is changing... In this line, the natural forecast is to see a weak euro and strong dollar, so...
    Mar 14, 2013. 11:11 AM | Likes Like |Link to Comment
  • Forex: EUR/USD Closes Quietly, Pound Collapses On U.K.'s Downgrade [View article]
    Just consolidation phase. GBP has a dark forecast as GDP is weak and forecast or more than bad... In addition, the Euro strengthening is hurting the pound and their correlation is decoupling. Indicators are bearish... check for more info:
    Feb 25, 2013. 09:51 AM | Likes Like |Link to Comment
  • Forex: EUR/USD Closes Below 1.3400 After ECB Verbal Intervention [View article]
    Short term momentum is bearish, but Danske Bank believes long-term uptrend remains intact.

    Danske adds in its report: "Rates and EUR/USD declined on the back of the soft tone. We expect this to continue in the short term. However, EUR/USD is expected to resume the uptrend in coming months and we look for a steeper EUR swap curve. "

    you could see more here:

    Nevertheless, Danske says: "Verbal intervention by ECB will not reverse the EUR/USD uptrend"
    Feb 8, 2013. 08:35 AM | Likes Like |Link to Comment
  • Dark Clouds Looming For Sterling [View article]
    Hi MacKay Dave,

    The well-known breadth indicator was not developed by Our research team just calculated a BPI based on proprietary currency indices. We will notify our editors to make it clear next time.
    Sorry for the misunderstanding.

    Best regards
    Feb 6, 2013. 09:54 AM | Likes Like |Link to Comment
  • Green Light For The EUR/USD - Ready For 1.40? [View article]
    A few days ago, HSBC's report said that the FX market is the "world´s greatest fashion victim"... content to focus and follow one theme only to the exclusion of all others.

    Now it is all about central bankers, before it was about debt ceiling, Eurozone sovereign bonds, etc. But lately it seems market are going back to "normal" behaviour on technicals and fundamental...
    Jan 28, 2013. 05:36 PM | Likes Like |Link to Comment
  • Forex: EUR/USD Remains Above 1.3300; Fight The Dollar? [View article]
    Thank you for your comments, fellow trader!
    Jan 16, 2013. 04:58 PM | Likes Like |Link to Comment
  • Euro Retreats As Dust Settles, NFP Report Eyed [View article]
    Dear EricTheron, thanks for leaving us a comment!
    As commented in this article, Europe problems are far from over, but sometimes market participants keep fixed on one topic and ignore the rest. We invite you to continue reading more of our articles at
    Jan 4, 2013. 08:29 AM | Likes Like |Link to Comment
  • What An Abe Win Means For Japan And The USDJPY [View article]
    Although I do agree that stasis is the likely outcome in the long term - economically and politically, market moves are short term and will likely be supported by the fact that looser monetary policy will lead to further devaluation of the yen.

    The dynamic was prevalent back in 2004-2005 under LDP rule when the central bank continued to use printing presses in weakening the yen.
    Dec 19, 2012. 10:50 AM | Likes Like |Link to Comment
  • Forex: EUR/USD Conquers 1.3100 Peak - What Next? 1.35 Or 1.25? [View article]
    Hi BahramFX,

    Yes, I'm Waiting for it too, the pair reached 1.3190 on Monday and I expect the bullish trend to remain at least until Thursday.

    But be aware from Friday's movements. There are a lots of options and debt maturity the December 21th and 22nd, Plus the usual Friday and pre-holidays profit taking that could lead the US dollar strengthening.

    Anyway, It should be short-live...

    Mauricio Carrillo
    Dec 17, 2012. 11:47 AM | Likes Like |Link to Comment
  • Forex: EUR/USD Conquers 1.3100 Peak - What Next? 1.35 Or 1.25? [View article]
    Hi Dave, Yes, in daily chart the MACD, CCI and Momentum are pointing for Buy but Stochs are for sell. But the pair broken up above 1.3030 as Asrafh Laidi said in the news. You can check Technicals studies, average, gains here:
    Dec 17, 2012. 11:38 AM | Likes Like |Link to Comment
  • Euroland ... Will The Party Last Longer? [View article]
    Thank you very much for your comment, prairiedog555
    The euro bloc was a difficult project since the very beginning, it still is and will be. The heterogeneity of its members makes almost impossible any agreement other than simple matters. Bet Germany has wondered more than twice..."why?".
    Dec 4, 2012. 03:31 AM | Likes Like |Link to Comment
  • Japanese Yen: Next Week's Currency Loser [View article]
    Thanks for the post.

    You are correct in the sense that fundamentals have a different play on currencies than technicals do. However, the gist of the analysis was to highlight the medium term theme, while presenting a buy on dip opportunity. Unfortunately, volatility hasn't been on the side of sellers in the last 3 days, extending the time horizon in regards to the execution of the trade.
    Nov 28, 2012. 10:58 AM | Likes Like |Link to Comment
  • Euro Rallies Despite European News [View article]
    Dear Sir,
    Thanks for leaving a comment and for sharing your insights on the global crisis.
    We invite you to keep reading our Forex articles
    Nov 28, 2012. 09:56 AM | Likes Like |Link to Comment
  • Euro Wavers With Eyes On Eurogroup Meeting [View article]
    Dear Eric, first I appreciate your comments on this piece. Forecasts and technical analysis is certainty not an exact, science and as such it is subject to a variety of margins of error or slight disparities that are deemed within the realm of accuracy. As such, when we highlight or reference a break, it is generally considered a confirmation above (below) the fore-mentioned level.
    Nov 28, 2012. 09:40 AM | 1 Like Like |Link to Comment