As 3540's holds it isnt a sure thing ofcourse, but looks like they will go for 3630's before continuing bearish correction below 3300
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EurAnalysis Kindergarten 24 replies
Disliked{quote} you meant that you were getting this image in your mind... {image}Ignored
DislikedAs 3540's holds it isnt a sure thing ofcourse, but looks like they will go for 3630's before continuing bearish correction below 3300Ignored
Disliked{quote} That would be a perfect level to reach by Wednesday... just in time for unwinding the USD shorts when the FOMC minutes are released.Ignored
Disliked{quote} there are lots of retail orders (shorts as well as buy stops) from 1.3520-1.3550 after which they die out. Volatility is expected. Could see a reversal between now till 50 breaks. Fundamentally speaking we are already higher pre ECB rate cut levels AND 200+ NFP...Fenomenal eur strength, as always.Ignored
DislikedAs 3540's holds it isnt a sure thing ofcourse, but looks like they will go for 3630's before continuing bearish correction below 3300Ignored
Disliked{quote} couple of more points and USDX will close the ECB rate cut gap too. 1.3550 is definitely an important level. Since it's U.S. Above 1.3550 is a place to sell. Equities fcked up rally and bond yield narrowing helping eur to current levels.Ignored
Disliked{quote} The equity rally is not sustainable. Come on man... The Fed is saying the economy is not strong enough to sustain itself, yet at the same time they say equities are not exhibiting bubble like conditions. Well it's one or the other... you cannot have both. It's like trying to suck and blow at the same time.Ignored
Disliked{quote} Hmmm. Interesting. Just as I posted that, equities did an about face.Ignored
Disliked{quote} Hmmm. Interesting. Just as I posted that, equities did an about face.Ignored
Disliked{quote} Well, seems like they holded their fart till 1800 hits in SP500...now everyone let go...Ignored
Disliked{quote} The equity rally is not sustainable. Come on man... The Fed is saying the economy is not strong enough to sustain itself, yet at the same time they say equities are not exhibiting bubble like conditions. Well it's one or the other... you cannot have both. It's like trying to suck and blow at the same time.Ignored