Eurusd/gbpusd - page 151

 
Gazmeistergeneral:
Message of the week: There are numerous warning signs of a significant period of EUR under-performance developing

Conclusion from the charts: The correlation between G10/USD crosses and risk appetite is showing signs of weakening

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Main Points

EURUSD: We're beginning to think the market will have problems breaking above 1.4350. Double top risk clearly developing with the 1.4305 peak this week.

EUR Index: A concerning structure pointing to the risk of an imminent break lower. This would point toward broad based EUR-weakness.

EUR Index relative to yields: The EUR looks massively over-valued relative to yield spreads. Since February the EUR has lost ALL of it's yield advantage, time for the currency to play catch-up?

short GU @ 6571

 

some levels

Gazmeistergeneral:
short GU @ 6571

S&P500 1st Res 987.20

Upper Potential 990.50-1003

1st Support 984.70

Lower Potential 979.20

Crude 1st Res 67.80

Upper Potential 68.11

1st Support 67.25

Lower Potential 66.50

 
Gazmeistergeneral:
S&P500 1st Res 987.20

Upper Potential 990.50-1003

1st Support 984.70

Lower Potential 979.20

Crude 1st Res 67.80

Upper Potential 68.11

1st Support 67.25

Lower Potential 66.50

anyone here today? egkid? avi?

 
Gazmeistergeneral:
short GU @ 6571

1ST TARGET HIT - CLOSED HALF OF POSITION @ 6529 +42 PIPS ON 1ST LOT. STOP MOVED TO BE - NEXT TARGET 6459.

Cheers

Gaz

 
Gazmeistergeneral:
1ST TARGET HIT - CLOSED HALF OF POSITION @ 6529 +42 PIPS ON 1ST LOT. STOP MOVED TO BE - NEXT TARGET 6459.

Cheers

Gaz

cheers nice green pips

 
avi1:
cheers nice green pips

cheers mate!! don't like trading Fri's so am happy so far!!

Gaz

 
Gazmeistergeneral:
1ST TARGET HIT - CLOSED HALF OF POSITION @ 6529 +42 PIPS ON 1ST LOT. STOP MOVED TO BE - NEXT TARGET 6459.

Cheers

Gaz

just closed final piece @ 1.6481 +90pips

have a good weekend all!! i'm done for the day now.

cheers

Gaz

 
Gazmeistergeneral:
just closed final piece @ 1.6481 +90pips

have a good weekend all!! i'm done for the day now.

cheers

Gaz

btw, cable could still goto 6457 - target after that is 6380.

cheers!!

 
Gazmeistergeneral:
btw, cable could still goto 6457 - target after that is 6380. cheers!!

later i send you email

 
avi1:
later i send you email

ok friend.

Are you doing anything nice this weekend?

Reason: