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EUR/USD is near the end of the trend?

As we look back on the week just gone, it has a very familiar pattern to it, the view is of yet another good week for the Euro, and another disappointing week for the dollar. We have all here at ForexLive, been banging on about how you just can`t argue with this now established trend, and the fact that recent price history is such a huge factor in influencing short term opinion, and that remains true.
The accelerated strengthening of the euro against sterling last week (in the context of the und…
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Trading is about watching and listening to what the price

The dollar’s failure to continue the rally as yesterdays deal unfolded was the sign of things to come. The Dagong downgrade just added to what was already happening. The threat of downgrades have been well publicised all the way through the debt crisis and despite the deal they may still happen.
The ratings agencies weren’t just hanging on the deal but the way the US dealt with it. It wouldn’t surprise me to see another downgrade hit the wires. Fitch has already put the US on a warning and the o…
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mag 17 oct

analysis - evaluation - evolution -action

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Welcome to the FX week! Monday morning Forex prices

Good morning, afternoon, or evening to all and welcome to the kick-off of the FX week.
With only the New Zealand market open at this time, market liquidity is super thin compared to most other times of the trading week, so please take care out there.
Price guide:
  • EUR/USD 1.3561
  • USD/JPY 98.21
  • GBP/USD 1.5979
  • USD/CHF 0.9096
  • USD/CAD 1.0368
  • AUD/USD 0.9420
  • NZD/USD 0.8292
Again, the usual caveats apply – it is relatively illiquid and prices can move sharply on not very much at all.
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Unicredit says sell EUR/USD for the short-term

Unicredit says to sell EUR/USD at current levels for a target of 1.3300 and a stop loss at 1.3570.
They say the initial post-FOMC US dollar decline has faded and the euro has lagged the correction in other pairs. They note 2-year swap spreads and their proprietary model based on local PMIs.
BNP Paribas also talked about selling the euro yesterday. Rate differential trades are a tough business because things can get way out of line before they correct. In any case, according to BNP Paribas’ …
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Dieselfx avatar

ah good, then it's time to buy :))

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Cannot figure out EUR/USD? Try vodka!

Here’s an interesting article, and if you like FX and the odd drink, you’re gonna love it!
  • The idea to be tested was that drinking alcohol can help to solve problems.
  • To test this, study participants were given bagels and a couple of vodka-and-cranberries, and then asked to solve puzzles
  • The results showed that participants were better at solving the puzzles after the cocktails
The current experiment tested the effects of moderate alcohol intoxication on a common creative problem solving task, th…
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mag 15 sep

:((((( I'll get an article in The Economist sobr, the problem of the consumption of alcohol in Europe.

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