MARKET NEWS
Feb. 5: MARKET OVERVIEW
FXBAZOOKA.com - The euro was hit as the European Central Bank said it would not accept Greek bonds as collateral. EUR/USD fell to the levels just above 1.1300. EUR/CHF slid below 1.0500.
The ECB’s decision was also negative for the market’s risk sentiment...
Forex Analytics
Forex trading plan for Feb. 5
EUR/USD has spiked above 1.1500 on Tuesday, but was capped by 100-period MA at H4. The rally has slowed down despite the upbeat euro zone’s PMIs, retail sales and weaker-than-expected US NFP by ADP, all released on Wednesday. According to our...
Forex Analytics
Danske Bank: trade signals for Feb. 4
Open positions:
USD/JPY: Hold LONG at 117.35, TAKE PROFIT 118.92, STOP LOSS 116.62
USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 0.9445, STOP LOSS 0.9168
USD/CAD: Hold SHORT at 1.2430, TAKE PROFIT 1.2200, STOP LOSS 1.2488
EUR/JPY: Hold LONG...
MARKET NEWS
Feb. 4: MARKET OVERVIEW
US dollar declined during the US session on Tuesday and the Asian session on Wednesday. USD index lost 0.9% suffering the biggest one-day fall since October, 2013. The greenback was driven down as the commodity currencies surged amid the recovery in oil...
Forex Analytics
Forex trading plan for Feb. 4
EUR/USD has breached to the upside the triangle within which it was consolidating for about 5 days. Above 1.1440 (23.6% Fibo of the December-January decline) the pair may rise to 1.1500, 1.1550 and 1.1655 (38.2% Fibo). However, you should be aware...
MARKET NEWS
Key option levels
3 February 2015
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is...
MARKET NEWS
Feb. 3: MARKET OVERVIEW
EUR/USD is above 1.1300. The single currency is supported by hopes for a deal on Greek debt and lower than expected US economic data.
According to the figures released on Monday, American consumer spending fell and construction spending rose less than...
Forex Analytics
Forex trading plan for Feb. 3
EUR/USD keeps on consolidating in the $1.1350/1250 range, forming a small horizontal triangle. The medium-term EUR/USD prospects remain gloomy. From the technical viewpoint, euro approached the upper border of the bearish channel ($1.1350) – this is...
Forex Analytics
Danske Bank: trade signals for Feb. 2
Open positions:*
EUR/USD: Hold LONG at 1.1302, TAKE PROFIT 1.1460, STOP LOSS 1.1259
USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 0.9445, STOP LOSS 0.9044
AUD/USD: Hold SHORT at 0.8130, TAKE PROFIT 0.7683, STOP LOSS 0.7917
EUR/CHF: Hold LONG...
MARKET NEWS
Key option levels
2 February 2015
2 February 2015, 08:22 Comments: 0
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge...
MARKET NEWS
Feb. 2: MARKET OVERVIEW
Chinese official manufacturing PMI unexpectedly shrank for the first time in nearly 2-1/2 years in January. A separate survey, the HSBC/Markit Purchasing Managers’ Index (PMI), showed on Monday that activity in China’s factory sector shrank for a second month...
MARKET NEWS
Key option levels
30 January 2015
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action...
Forex Analytics
Danske Bank: trade signals for Jan. 30
Open positions:*
EUR/USD: hold LONG at 1.1302; TAKE PROFIT at 1.1460; STOP at 1.1259
USD/JPY: hold LONG at 117.60; TAKE PROFIT at 119.97; revised STOP at 117.16
USD/CHF: hold LONG at 0.8755; TAKE PROFIT revised to 0.9361; revised STOP...
MARKET NEWS
Jan. 30: MARKET OVERVIEW
EUR/USD is trading in the 1.1325 area. The euro area will release inflation data at 10:00 GMT. The data could come low as German consumer prices fell in January for the first time since 2009. The next key data for USD is an advance reading on US Q4 GDP...
Forex Analytics
Forex trading plan for Jan. 30
We are getting ready to sell EUR/USD targeting firstly 1.1225 and then 1.1100. On Friday there will be many data releases in the euro area, but one should certainly focus on inflation figures due at 10:00 GMT.
AUD/USD reached the 200-month MA at...
MARKET NEWS
Jan. 29: key option levels
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
Forex Analytics
Forex trading plan for Jan. 29
The Federal Reserve decided to wait and see what will happen with the US economy – this is a balanced stance, but still more hawkish when those of the other central banks, so the prospects for USD are rather bullish, though trading will be mixed...
MARKET NEWS
Jan. 28: key option levels
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
Forex Analytics
Forex trading plan for Jan. 28
US dollar got hit on Tuesday by the disappointing durable goods data: the headline reading contracted by 3.4% vs. 0.6% gain expected, while the base figure was down by 0.8%. The release is important, because it’s a leading indicator of production...
MARKET NEWS
Key option levels
27 January 2015
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action...