EurAnalysis | Page 3176 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #63,501
  • Dec 16, 2012 3:18am Dec 16, 2012 3:18am
Quoting PipTrapper
Considering that the RoRo phenomenon is currently broken and will probably stay that way, any indication that the US will avert the fiscal cliff may actually be USD positive. However, as you say, there are arguments to be made for both the bears and the bulls.
hey PT..
Bad News Euro fly.. Good news Euro fly.. No news Euro fly..
what's going on here?

Attached Image (click to enlarge)
Click to Enlarge Name: Gold Euro-20121215-182730.png Size: 114 KB



btw.. the intend of my posts are to present another side of the same view & are not meant to make fun of you or anyone..
Have nice fun Sunday..
  • #63,502
  • Dec 16, 2012 3:31am Dec 16, 2012 3:31am
Quoting cdndollar
hey PT..
Bad News Euro fly.. Good news Euro fly.. No news Euro fly..
what's going on here?

Attachment


btw.. the intend of my posts are to present another side of the same view & are not meant to make fun of you or anyone..
Have nice fun Sunday..
EUR HAD taken power booster and was pumped with nitrous.
so with all news it coulnd see any direction up and down so it went up
The Phoenix Trader....
  • #63,503
  • Dec 16, 2012 4:12am Dec 16, 2012 4:12am
Quoting cdndollar
hey PT..
Bad News Euro fly.. Good news Euro fly.. No news Euro fly..
what's going on here?

Attachment


btw.. the intend of my posts are to present another side of the same view & are not meant to make fun of you or anyone..
Have nice fun Sunday..
It's hard to come up with a coherent explanation for the recent Euro moves other than a year end unwinding of positions by large participants. Until I see a plausible alternate explanation to this, I'll have to assume I am correct.

One thing I know for sure is that this Euro bullish sentiment is certainly not based on macro-economic fundamentals.
Those who say it cannot be done should not interrupt those who are doing it
  • #63,504
  • Dec 16, 2012 5:28am Dec 16, 2012 5:28am
Quoting PipTrapper
It's hard to come up with a coherent explanation for the recent Euro moves other than a year end unwinding of positions by large participants. Until I see a plausible alternate explanation to this, I'll have to assume I am correct.

One thing I know for sure is that this Euro bullish sentiment is certainly not based on macro-economic fundamentals.
Remember december 2008
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #63,505
  • Dec 16, 2012 5:33am Dec 16, 2012 5:33am
Quoting PipTrapper
It's hard to come up with a coherent explanation for the recent Euro moves other than a year end unwinding of positions by large participants. Until I see a plausible alternate explanation to this, I'll have to assume I am correct.

One thing I know for sure is that this Euro bullish sentiment is certainly not based on macro-economic fundamentals.
I actually think that one of the reasons why the EUR/USD has be so strong is the fact that people are buying the EURJPY and other EUR crosses and that is affecting the price of the dollar as they need to buy EURUSD in order to buy those crosses.
  • #63,506
  • Dec 16, 2012 5:35am Dec 16, 2012 5:35am
Quoting Luis Carlos
Remember december 2008
And then next year..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #63,507
  • Dec 16, 2012 5:37am Dec 16, 2012 5:37am
Quoting Luis Carlos
Remember december 2008
haha. I don't think I'm prepared for a squeeze all the way up to 1.47.

The world was a very different place back then and that move was based solely on a very panicked market followed by a coordinated surge of liquidity boosts. This time around, there is calm in the markets. So much so that even an extra 45 billion in monthly USD printing has failed to push equity markets further up.
Those who say it cannot be done should not interrupt those who are doing it
  • #63,508
  • Dec 16, 2012 5:41am Dec 16, 2012 5:41am
Quoting PipTrapper
haha. I don't think I'm prepared for a squeeze all the way up to 1.47.

The world was a very different place back then and that move was based solely on a very panicked market followed by a coordinated surge of liquidity boosts. This time around, there is calm in the markets. So much so that even an extra 45 billion in monthly USD printing has failed to push equity markets further up.
No. I dont talk about price i am talking about with that mess how stron move on decemeber next year was a easy come back becase that was a technical move and fundamentals returned to the reality
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #63,509
  • Dec 16, 2012 5:50am Dec 16, 2012 5:50am
Quoting Luis Carlos
No. I dont talk about price i am talking about with that mess how stron move on decemeber next year was a easy come back becase that was a technical move and fundamentals returned to the reality
Ah yes of course. Well like I said, hard to compare, but I see what you mean.
Those who say it cannot be done should not interrupt those who are doing it
  • #63,510
  • Dec 16, 2012 6:05am Dec 16, 2012 6:05am
Quoting PipTrapper
Ah yes of course. Well like I said, hard to compare, but I see what you mean.
Yes you cant compare. Until techs and long term fundies no align this is a fake. 1.334/6 is good tech fib below .5 retracement fib. But if this a bubble willb be hard know where is the reversal
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #63,511
  • Dec 16, 2012 7:15am Dec 16, 2012 7:15am
Hello everyone!

The first calculated target, as it were, is 1.3190 (calculated from the anchor at the red rectangle). The small problem with this is that the price has actually touched trend line II (yellow rectangle), and the question is whether it holds or not (soon to be discovered). There's also a possibility that the price may fall back to trend line III at approximately 1.3120, which is also a support level (blue rectangle), or even to trend line I at ~1.3090, which also seems to provide some sort of support there; or even lower for what it is worth.

Now, for wanting of any downside counts, let me plunge into wild bullish speculation, so to speak.

If we were to establish a new vertical upside count at the white rectangle we would get 1.3490.

The consolidation inside the orange rectangle could be used to establish a couple of horizontal counts:

1) The entry column is the dark grey one, the exit column is the first green one. This counts yields 1.3320.
2) The entry column is the light grey one, the exit columns are those three green ones. This count yields 1.3500-1.3560.

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 70 KB


Any thoughts would be appreciated.

Thanks.
  • #63,512
  • Dec 16, 2012 7:39am Dec 16, 2012 7:39am
Quoting PipTrapper
It's hard to come up with a coherent explanation for the recent Euro moves other than a year end unwinding of positions by large participants. Until I see a plausible alternate explanation to this, I'll have to assume I am correct.

One thing I know for sure is that this Euro bullish sentiment is certainly not based on macro-economic fundamentals.
Indeed our life playing in this cesspool would be much easier if everything can be explained in advance & fit our TA/FA scenarios..
TA/FA aside, if any of our friends is interested in when this Euro ship will turn from these levels, watch the Euro crosses, in particular EURGBP & EURJPY weakness for sign of Dollar strength since they all have correlation to a certain degree affecting each other & shows how money moves around the market.. fwiw..
  • #63,513
  • Dec 16, 2012 7:47am Dec 16, 2012 7:47am
Updated projections log - Missed last week's range Lo (understatement)
Attached Image (click to enlarge)
Click to Enlarge Name: eufcast.jpg Size: 164 KB
  • #63,514
  • Dec 16, 2012 8:02am Dec 16, 2012 8:02am
yen pairs should have an interesting upcoming week.
Any prices quoted are futures
  • #63,515
  • Dec 16, 2012 8:54am Dec 16, 2012 8:54am
Who believes the Vampire Squid?

Are they selling and telling the muppets to buy?

From Forex News
Here is why the euro will hit $1.40 end-2013 – Goldman Sachs

Written by Gerry Davies
December 16, 2012 at 09:45 GMT

I thought they were saying end of 2012 at first and was really rather impressed with their ballsy call. End 2013, not sooooo much.
Trade smaller than rational because the market is irrational...
  • #63,516
  • Dec 16, 2012 10:44am Dec 16, 2012 10:44am
Long time people. How have things been? Any crazy stuff with the EURUSD lately? I only took a quick look at stochastics and moving averages across multiple time frames and next week is looking to be a down week for the pair? Any thoughts?
  • #63,517
  • Dec 16, 2012 11:26am Dec 16, 2012 11:26am
Charting central banks’ balance sheets

"Many like to single-out the Bernanke’s Fed’s monetary easing as somewhat reckless, irresponsible, or evil. QE-Infinity only adds to this impression of Helicopter Ben being willing to print money to the moon infinity. Not surprisingly, then, US dollar suffered from the announcement of money printing.

The reality, however, is that the Fed’s balance sheet is not even the largest among major central banks. In fact, the size of the Fed’s balance sheet is now the smallest compared with other major central banks: Bank of England, Bank of Japan, and European Central Bank. And quite remarkably, ECB’s balance sheet-to-GDP ratio is now larger than BOJ."

http://static.alsosprachanalyst.com/2012/09/image91.png

http://www.alsosprachanalyst.com/eco...ce-sheets.html
Student of the Markets
  • #63,518
  • Dec 16, 2012 12:56pm Dec 16, 2012 12:56pm
Hi guys, according to forexlive eurusd 1.3195
usdjpy 84.35
  • #63,519
  • Dec 16, 2012 1:05pm Dec 16, 2012 1:05pm
Quoting mka_78
Hi guys, according to forexlive eurusd 1.3195
usdjpy 84.35
Do you have a link for that?
  • #63,520
  • Edited 1:25pm Dec 16, 2012 1:09pm | Edited 1:25pm
Quoting D2tz
Do you have a link for that?
sure, here you go

http://www.forexlive.com/blog/2012/12/16/early-prices/

Bloomberg
http://www.bloomberg.com/markets/currencies/
13 traders viewing now