{quote} please some channels on GBPUSD ?
but i work on EU
i will give it a try on GU
THE CHANNELER
- #1,042,741
- Dec 10, 2015 5:46am Dec 10, 2015 5:46am
- | Commercial User | Joined Apr 2014 | 237 Posts
but i work on EU
i will give it a try on GU
- #1,042,742
- Dec 10, 2015 5:47am Dec 10, 2015 5:47am
- Joined Nov 2012 | Status: trend > bias | 2,772 Posts
- #1,042,744
- Dec 10, 2015 5:47am Dec 10, 2015 5:47am
- Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts
{quote} wish i can serve you my friend but i work on EU i will give it a try on GU
long target 1.09870 * don't hold longs, but will open shorts there -at least that's the plan- {image}
- #1,042,746
- Dec 10, 2015 5:53am Dec 10, 2015 5:53am
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- #1,042,750
- Dec 10, 2015 5:59am Dec 10, 2015 5:59am
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- #1,042,751
- Dec 10, 2015 6:00am Dec 10, 2015 6:00am
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those who can, do. those who cant, talk about those who can
- #1,042,752
- Dec 10, 2015 6:01am Dec 10, 2015 6:01am
- Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts
- #1,042,753
- Dec 10, 2015 6:02am Dec 10, 2015 6:02am
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those who can, do. those who cant, talk about those who can
- #1,042,754
- Dec 10, 2015 6:04am Dec 10, 2015 6:04am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #1,042,755
- Dec 10, 2015 6:04am Dec 10, 2015 6:04am
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- #1,042,756
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- #1,042,757
- Dec 10, 2015 6:04am Dec 10, 2015 6:04am
Guys... i see only tehnical trading ... let me tell you what i think fundamentaly speaking.
In the run-up to the ECB’s interest rate decision on 3 December, the market had built up lavish expectations regarding another monetary policy easing. As the ECB then announced that the deposit rate will “only” be cut to -0.3% and its bond purchasing programme will “only” be extended by six months (but no expansion), the expectation bubble burst and the euro appreciated within a short period of time by about 4 cents vs the dollar. Since then, the exchange rate is moving around 1.09 EUR/USD. We consider this exchange rate move to be a one-off event. Nothing will change about the fact that the ECB will, for at least another year, be implementing an ultra-easy monetary policy. On the other hand, it appears to be almost certain that the US Fed will increase its key interest rate by 0.25 percentage points next week. How quickly the Fed will start normalising interest rates in 2016, is for the EUR/ USD pair of secondary importance. The dominating factor is: key interest rates are rising in the US, but not in the euro area. The therefore widening interest rate difference should keep the euro under pressure, even though the majority of depreciation vs the dollar has already been done.
I wish you all good trading
In the run-up to the ECB’s interest rate decision on 3 December, the market had built up lavish expectations regarding another monetary policy easing. As the ECB then announced that the deposit rate will “only” be cut to -0.3% and its bond purchasing programme will “only” be extended by six months (but no expansion), the expectation bubble burst and the euro appreciated within a short period of time by about 4 cents vs the dollar. Since then, the exchange rate is moving around 1.09 EUR/USD. We consider this exchange rate move to be a one-off event. Nothing will change about the fact that the ECB will, for at least another year, be implementing an ultra-easy monetary policy. On the other hand, it appears to be almost certain that the US Fed will increase its key interest rate by 0.25 percentage points next week. How quickly the Fed will start normalising interest rates in 2016, is for the EUR/ USD pair of secondary importance. The dominating factor is: key interest rates are rising in the US, but not in the euro area. The therefore widening interest rate difference should keep the euro under pressure, even though the majority of depreciation vs the dollar has already been done.
I wish you all good trading
- #1,042,758
- Dec 10, 2015 6:05am Dec 10, 2015 6:05am
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- #1,042,759
- Dec 10, 2015 6:09am Dec 10, 2015 6:09am
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- #1,042,760
- Dec 10, 2015 6:09am Dec 10, 2015 6:09am
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