Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers
Page 3 of 4 FirstFirst 1234 LastLast
Results 21 to 30 of 37
  1. #21
    Senior Trader
    Join Date
    Jun 2013
    Location
    UK
    Posts
    289
    Post Thanks / Like
    Credits
    2,107
    My Language
    English
    The Result is,

    -0.4%
    Actual
    -0.3%
    Consensus
    -0.5%
    Previous

  2. #22
    Senior Trader
    Join Date
    Jun 2013
    Location
    USA
    Posts
    396
    Post Thanks / Like
    Credits
    3,374
    My Language
    English

    Euro reaches a 6-week high.

    EUR/USD is breaking above the 1.3500 resistance created by the long term up trend line.

    Today's schedule of data likely to affected the EUR/USD includes :

    Euro Consumer price index (CPI) ,US Import and Export price index data ,US industrial Production and Capacity Utilization and US Wholesale Inventories data.

    Technical Outlook for EUR/USD:

    Technically says the chart of the EUR/USD could manage to close back above the broken uptrend line at around 1.3500 is the good resistance level if break this 1.3500 level next may touch 1.3547 level.

    The important and nearest support level is at wednesday's Low at 1.3389 and Tuesday's Low 1.3358.

    Here below the one hour chart of EUR/USD important support and resistance levels:



    The Overall Trend for EUR/USD is Strongly Bearish.

  3. #23
    Senior Trader
    Join Date
    Jun 2013
    Location
    Dubai, UAE
    Posts
    303
    Post Thanks / Like
    Credits
    1,485
    My Language
    English

    Euro reaches a 6-week high.

    EUR - Consumer Price Index (YoY)(Oct)

    The Euro Zone CPI released by the Eurostatcaptures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).


    DATA EXPECTED VOLATILITY- HIGH

    Nov 15
    10:00 GMT
    0.7%
    Consensus
    1.1%
    Previous

  4. #24
    Senior Trader
    Join Date
    Jun 2013
    Location
    Dubai, UAE
    Posts
    303
    Post Thanks / Like
    Credits
    1,485
    My Language
    English
    The Result is,

    0.7%
    Actual
    0.7%
    Consensus
    1.1%
    Previous

  5. Thanks sanjay.patel thanked for this post
  6. #25
    Senior Trader
    Join Date
    Dec 2013
    Location
    USA
    Posts
    327
    Post Thanks / Like
    Credits
    852
    My Language
    English

    No negative interest rate for EURO

    ECB chairperson Mario Draghi has waved off the report of negative interest rates for Euro, boosting the currency back a little. The news that ECB may cut interest rate further bringing it in the negative territory had effected the Euro few days back. The markets are so sentimental that rumors are effecting them more than the news itself.

  7. #26
    Senior Trader
    Join Date
    Jun 2013
    Location
    Dubai, UAE
    Posts
    303
    Post Thanks / Like
    Credits
    1,485
    My Language
    English

    EUR-Gross Domestic Product s.a. (YoY) (Q3)


    EUR- Gross Domestic Product (YoY) (Q3)

    DATA IMPACT - HIGH
    Dec 04
    10:00 GMT
    -0.4%
    Consensus
    -0.5%
    Previous

    The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

  8. #27
    Senior Trader
    Join Date
    Jun 2013
    Location
    USA
    Posts
    396
    Post Thanks / Like
    Credits
    3,374
    My Language
    English

    EUR ECB Interest Rate Decision (Dec 5)


    EUR ECB Interest Rate Decision (Dec 5):

    ECB Interest Rate Decision is announced by the European Central Bank. Usually if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

    Dec 05
    12:45 GMT
    0.25%
    Consensus
    0.25%
    Previous


    Data Impact - High for EUR.

  9. #28
    Senior Trader
    Join Date
    Jun 2013
    Location
    USA
    Posts
    396
    Post Thanks / Like
    Credits
    3,374
    My Language
    English
    The Result,

    0.25%
    Actual
    0.25%
    Consensus
    0.25%
    Previous

    Data impact unchanged.

  10. #29
    Moderator
    Join Date
    Jun 2013
    Location
    Dubai, UAE
    Posts
    1,068
    Post Thanks / Like
    Credits
    2,646
    My Language
    English

    Euro reaches a 6-week high.

    EUR/USD: 1.3762

    The Euro continued to climb against the broadly weaker dollar today, with traders beginning to focus on next week’s Federal Reserve meeting , as the uncertainty continues over the direction of US monetary policy.

    Today has little data, with German CPI being the highlight, and another session capped by 1.3800 would not really surprise unless the market decides that any tapering is not going to occur until the end of Q1, in which case the dollar weakness is set to continue.
    Elsewhere, ECB president Draghi urged governments to deliver economic reforms and complete banking union within the EU.

    It looks as though we could be in a rising channel, with a top, currently close to 1.3800. If we do head above this, then 1.3831 (25 Oct high) will prove a major challenge and I don’t see that being easily taken out. If wrong, then look for advances on towards 1.3858 (Nov 2011 high) and beyond that, the way appears open towards 1.4000 with not too much standing in between. Before then though, 1.3830 will not be easy to overcome, this being major Fibo resistance (61.8% of 1.4940/1.2042)

    On the downside, I am doubtful at present of heading much below 1.3700. Should this fail to hold its ground, then 1.3675 will provide the initial minor support, below which we would head back towards 1.3650 and potentially to Fridays spike low at 1.3617. The first Fibo support arrives at 1.3675(23.6% of 1.3294/1.3794), where thee 200 Hour MA now also lies. The rising trend support is at 1.3600, but looks pretty safe at present.

    The short term charts though are becoming very overbought and I am a little doubtful, in the short term of any gains above 1.3800 and would therefore use today’s 1.3730/1.3795 range as a guide.




  11. #30
    Senior Trader
    Join Date
    Jun 2013
    Location
    USA
    Posts
    396
    Post Thanks / Like
    Credits
    3,374
    My Language
    English

    EURUSD’s upward movement from 1.3296 extends to as high as 1.3794. Further rise to test 1.3832 (Oct 25 high) resistance could be expected after minor consolidation.

    Initial support is at 1.3690, and the key support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.




  12. ARIONFORXtarder
 

 
Page 3 of 4 FirstFirst 1234 LastLast

Similar Threads

  1. Tokyo hits six year high
    By Arshad in forum How Prices Moved After News Came Out
    Replies: 0
    Last Post: 12-24-2013, 06:20 PM
  2. Replies: 0
    Last Post: 12-12-2013, 11:43 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2018 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 06:53 PM.
CompleteVB skins shared by PreSofts.Com