Forex Analytics
Trading plan for Oct. 23
We have entered the market selling EUR/USD at $1.2685 (100-period MA on H4). Stop is at $1.2735, take profit 1 is at $1.2625, take profit 2 is at $1.2585. The pair has eroded support of the corrective upside channel, but the odds are of sideways...
MARKET NEWS
Oct. 22: 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...
MARKET NEWS
Oct. 22: MARKET VIDEOREVIEW
Risk sentiment improved, Asian shares rose.
EUR/USD: below $1.2730 ahead of the release of the euro area’s PMIs on Thursday. The ECB bought covered bonds for a second day and Reuters reported the central bank is considering corporate-debt purchases...
Forex Analytics
Trading plan for Oct. 22
EUR/USD was rejected by resistance in the $1.2830/50 area. Support is in the $1.2730/15 zone. Tomorrow once again there won’t be important data releases in the euro area. Note though that soon the picture will become more interesting. The market will...
MARKET NEWS
Oct. 21: 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...
MARKET NEWS
Oct. 21: MARKET REVIEW
Risk sentiment still hasn’t sustainably improved. Japanese Nikkei declined.
AUD/USD: edged up on better than expected China’s Q3 GDP growth (7.3% vs. 7.2%), though the reading came lower than in the previous quarter. Chinese industrial production rose by...
Forex Analytics
Trading plan for Oct. 21
EUR/USD lacked momentum on Monday. Resistance area is at $1.2830/50. Support is at $1.2730, $1.2700 and $1.2680. Longs from $1.2700 are possible, though cautious. Shorts are advised above $1.2900. No data from the euro area tomorrow, only the evening...
MARKET NEWS
Oct. 20: 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...
MARKET NEWS
Oct. 20: MARKET REVIEW
Pessimism over the economy was tempered and risk sentiment improved.
USD: San Francisco Fed President Williams and Boston President Eric Rosengren said that the Fed should end QE as planned at this month.
EUR/USD: on the upside in the area of $1.2760, but...
MARKET NEWS
Key option levels (Oct. 16)
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...
MARKET NEWS
Oct. 16: MARKET REVIEW
[video]
Risk sentiment: Asian shares were off session lows but still under pressure as concerns about world economic growth sent US Treasury yields down and Japanese stocks tumbling. Chinese bank lending data was much better than expected, a sign that demand...
Forex Analytics
Trading plan for Oct. 17
EUR/USD spiked down towards $1.2700, but then recovered to $1.2750 area. This time data from the US showed solid growth. The bearish pressure will lift only if the pair rises above $1.2790 (Oct. 9 high). Note that the market is still in doubts about the...
MARKET NEWS
Key option levels (Oct. 16)
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...
MARKET NEWS
Oct. 16: MARKET REVIEW
Risk sentiment: Asian shares were off session lows but still under pressure as concerns about world economic growth sent US Treasury yields down and Japanese stocks tumbling. Chinese bank lending data was much better than expected, a sign that demand for...
Forex Analytics
Trading plan for Oct. 16
US dollar slumped in all major currency pairs. The market’s confidence in the outperformance of American economy was violently dashed. Retail sales in the world’s leading economy fell, while producer prices declined. It’s a serious blow for the...
MARKET NEWS
Key option levels (Oct. 15)
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...
MARKET NEWS
Oct. 15: MARKET REVIEW
Demand for riskier assets remains limited amid lower growth forecasts globally, especially in Europe.
EUR/USD: edged down ahead of Mario Draghi’s speeches at 07:00 and 18:00 GMT.
GBP/USD: new 11-month low of 1.5870, awaits labor market data at 8:30 GMT...
Forex Analytics
Trading plan for Oct. 15
US dollar is trying to stop its correction down versus the major currencies, but to return to the confident bullish trend it needs good figures from the United States, but the forecasts for tomorrow’s releases are not very optimistic. At 12:30 GMT watch...
MARKET NEWS
Oct. 14: 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...
MARKET NEWS
Oct. 14: MARKET REVIEW
Risk sentiment: traders are concerned as global equities decline. S&P500 slid to 5-month low.
EUR/USD: fell from $1.2767 to support at $1.2715 ahead of the European data release at 09:00 GMT (negative forecasts).
GBP/USD: awaits inflation data at 8:30 GMT...