The latest news from Germany and France " federalisation of the debt " - a prerequisite for survival of the euro. The trigger for Alexander Hamilton in 1790 was Britain, for Angela Merkel its Coronavirus. So we are gradually getting round to what is an important component in the process of formation in the currency. Like a trojan horse, Eurobonds are being...
So I've decided to somehow repost this big scheisse after the bank doesn't stop sending me emails saying they have experts analyzing the markets and wanting to give an explanation of why the stocks are going up. Really? Who are they trying to convince with this graph? It will be bad, very bad. And in the end we will always pay for it, always the same. Enough! ...
In the short term, the ECB is still holding against the capital flight from Spain government bonds, but it is powerless against the capital flight out of the euro. The ECB's new bazooka won't help, Mrs Lagarde. As you can see in the chart, the candy has been sucked and the trader world can see that too. Best regards from Hannover (Lower Saxony) Stefan...
The Spanish index is tracing a counter trend primary wave 4 of a cycle C wave down. After it finished wave 5 should move prices to below 5,400. FOLLOW SKYLINEPRO TO GET UPDATES.
Showing no divergence from exponential growth curve; no declining growth as of yet.
Just waiting to see what happens with that blue line... :) Cheers!
Más claro, chorizo pamplona. The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising. Its shape indicates that the price opened at its low, rallied, but pulled back to the bottom. This means that buyers attempted to push the price up, but sellers came in and overpowered them. This is a...
Here we have a very important flow forming after a soft ECB via revised forecasts for growth, inflation and TLTRO's. We have reached heavy resistance at 9,280 and a global slowdown will be enough to seriously damage the downside. From a technical perspective this would also satisfy the ABC from the 2015 highs. On the FX side, please find attached the flow for...
Ibex flat for a long period of time, actually it looks quite similar as in 2011 and then in 2012 touching 6,065 points. Is it going there again? Maybe no, but too close of. Why? That's the risk for flat assets. Learn how to beat the market as Professional Trader with an ex-insider! Have a Good Trading Week, Cream Live Trading, Best Regards!
Ibex35 has been able to sustain its position around the support area and should be really for an upside Rally in the coming days/weeks all the way to the top from where it all started. Yes, It will take at least a month for this trade to complete so be patient with it.
Just like our EurUsd Idea, EurJpy may remain under pressure due to the political issues in Europe, alongside the already evident risk-off sentiment seen in Asia trade.
A combination of political issues in Italy & Spain could keep the lid on the Euro & it's crosses. Keep in mind yesterday's action was dominated by low-liquidity with UK & US away. Should be interesting.
BME:IBC FX:ESP35 TVC:IBEX35 After the worries of Wall Street subside, the technical analysis tells us that we have entered an area far from the minimum of the year and waiting to rise slowly as it goes overcoming resistances. 1) Above the downtrend line (yellow), still remains 4 interesting resistances: 50 EMA, 100 EMA, 38.2% fibonacci (9826) and the...