ECB DRAGHI: -ECB'S DRAGHI SAYS OVERBANKING A FACTOR IN LOW LEVEL OF BANK PROFITABILITY -ECB'S DRAGHI SAYS OVERCAPACITY MEANS SECTOR IS NOT EFFICIENT -ECB'S DRAGHI SAYS LIFE INSURERS FACE WEAK PROFITABILITY UNLESS THEY REFORM BUSINESS MODELS -ECB'S DRAGHI SAYS MARGIN AND HAIRCUT REQUIREMENTS COULD IMPROVE FINANCIAL STABILITY BOE'S FORBES: NOT YET...
ECB DRAGHI: -ECB'S DRAGHI SAYS OVERBANKING A FACTOR IN LOW LEVEL OF BANK PROFITABILITY -ECB'S DRAGHI SAYS OVERCAPACITY MEANS SECTOR IS NOT EFFICIENT -ECB'S DRAGHI SAYS LIFE INSURERS FACE WEAK PROFITABILITY UNLESS THEY REFORM BUSINESS MODELS -ECB'S DRAGHI SAYS MARGIN AND HAIRCUT REQUIREMENTS COULD IMPROVE FINANCIAL STABILITY BOE'S FORBES: NOT YET...
The MACD shows a structure conducive to the bullish momentum. To see Super Mario says.
EUR$: 1. The Greece Debt crisis induced an agGressive 3000pip+ sell-off in just 6m (-22%). As the crisis "resolved" EUR$ however failed to retrace any of its losses. - Instead EUR$ looked to adopt these new crisis lows as what has become a long-run trading range - the likely explanation would be that future FED/ ECB monpol divergence was priced "early", hence...
After 5days higher EUR$ Statistically is a 80th percentile sell opportunity - the monetary policy minutes were dovish on the margin reiterating and stressing the ECB's willingness to "Boost stimulus again if needed". This should put downside pressure on EUR given september meeting is coming up (when most likely to add to easing). EURAUD and EURUSD shorts here look...
Futures didn't get any higher after US Close. I am looking for a big short soon. Miight see a few bounces between this latest channel. Rate Hike off the table, UK Out of Europe. Severe capitulation in most FX pairs - Down down 600 points. This could be bad over the next week, maybe even sooner if some big bombshells get dropped.
As I show in this chart, fiber could go down till 1.11X till June. After that it will make some corrective structure that will end with a buy or sell on breakup. Regards and happy trading!
Bulls Did their Job.. Long position is over at moment Short time Until Meeting of BCE & DRAGHI
Nice consolidation with breakout! Z A R looks weak. wait for a little pullback to buy good luck!
- rather uncanny similarity on the stochastic line - larger trend remains bearish - potential fake dump and pump in process but END GAME is MUCH LOWER - worth watching
- worth watching the indicator giving the signal of a potential turn - using VIX also as external indicator - invalidated if price broke below 9660 imo - patience on this setup is required though as it is against the current trend
Hi Trader, We have a 2618 setup forming here on EURUSD in the context of the longer term downtrend. I am particularly confident in this setup for a number of reasons. The early-week rally has been almost completely eliminated with yesterday's selloff. A valid 2618 setup has formed with the double top and close below neckline, confirming the potential for an...
There is downside risk for the euro as price action for EURUSD failed to close above 1.1342, essentially creating an asymmetric double top with the fizzled mid-February rally. The pair looks to fade back to the 200-day EMA near 1.1108. The rally in the dollar following its steep declines last week could cause a more pronounced slide as long as the DXY remains...
The EURUSD strength after the FOMC sounded less hawkish is running out of steam. The consolidation of EURUSD in the first week of April shows the market has digested this new policy line from the Fed - consolidation above recent highs. The future direction now depends on who moves next? France and Italy are showing weakness in consumption and that is too...
Hi All !!! As you know (if we have spoken) I am about to start my new trading year. ready to (hopefully) achieve my targets of 25% profits per month (although this may not always happens!) consistency and discipline is important in trading and even more if you are a home trader with a small capital. But Punctuality is even more important!! be there where you...
Good afternoon dear colleagues, investors and traders. Your attention is given fundamentally - technical analysis of the currency pair: EURUSD. "Mario Draghi - a volley of all weapons, sorry for that purpose by" Last week Mario Draghi announced a comprehensive stimulus that should lead to a weakening of the single currency, as well as to an increase in...