riki143 Posted January 23, 2015 Posted January 23, 2015 MARKET NEWS 23 January 2015 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 noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1400 (EUR 1bln), 1.1450 (EUR 740m), 1.1500 (EUR 1bln), 1.1550 (EUR 2.2bln), 1.1600 (EUR 1.1bln), 1.1650 (EUR 822m), 1.1700 (EUR 1.45bln); GBP/USD: 1.5250 (GBP 350m); USD/JPY: 117.00 (USD 334m), 118.00 (USD 2.3bln), 118.25 (USD 749m), 119.00 (USD 565m); AUD/USD: 0.7900 (AUD 456m); NZD/USD: 0.7500 (NZD 500m); EUR/GBP: 0.7500 (EUR 660m), 0.7600 (EUR 270m). More: http://www.fxbazooka.com/en/news/show/2182 Quote
riki143 Posted January 26, 2015 Posted January 26, 2015 MARKET NEWS Key option levels 26 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 is most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1400 (EUR 538m), 1.1500 (644m), 1.1550 (EUR685m); GBP/USD: 1.5100 (GBP 278m); USD/JPY: 116.50 (USD 300m), 117.00 (USD 265m), 117.50 (USD 310m), 118.00 (USD 346m); NZD/USD: 0.7550 (NZD 615m). More: http://fxbazooka.com/en/news/show/2185 Quote
riki143 Posted January 27, 2015 Posted January 27, 2015 Forex Analytics EUR/USD: wave analysis for Jan. 26-30 Weekly. The pair keeps forming a global wave plane B, within which it builds strong downward impulse [C]. Consider the details of the impulse [C]. Daily. The pair is currently developing a powerful wave (5) of [C]. There are no signs of change or termination of the downtrend. Consider the wave (5) to determine the prospects of a possible movement of the pair this week. H4. After having completed a small corrective wave 4, the pair declined in the new downward impulse 5. This week we expect the bearish movement to continue in this impulse. More: http://fxbazooka.com/en/analitycs/show/3345 Quote
riki143 Posted January 27, 2015 Posted January 27, 2015 Forex Analytics AUD/USD: wave analysis for Jan. 26-30 Weekly. The pair keeps forming the global downward correction , which is taking the form of a triple zigzag. At the moment, we see the development of the final zigzag (z). Daily. As part of the zigzag (z) the pair keeps forming the descending impulse A. Soon this impulse will be fully completed and the pair will begin development of a new upward wave B. H4. We can see the details of the wave [5] of A. Immediately after the completion of the wave (4) the pair collapsed in a new impulse wave (5). This week we expect it to continue falling within this bearish wave. More: http://fxbazooka.com/en/analitycs/show/3348 Quote
riki143 Posted January 27, 2015 Posted January 27, 2015 Forex Analytics USD/JPY: wave analysis for Jan. 26-30 Weekly. The pair keeps forming a powerfulmulti-monthuptrend.At the moment,the pair is buildingthe final partof this trend –an impulse wave[V]. Considerits markup on smaller timeframes. H12. After the completion of the horizontal triangle [iV], we saw a strong movement up. At the last section a new horizontal triangle is being formed, but it differs from the previous one by its size. After completion of this triangle, the pair will continue growing in the new bullish wave (V). H4. As part of the triangle (IV) the pair’s building the upward zigzag D, after the end of which we’ll see the formation of a new descending wave E. The approximate trajectory of the upcoming motion is shown at the picture. More: http://fxbazooka.com/en/analitycs/show/3347 Quote
riki143 Posted January 27, 2015 Posted January 27, 2015 Forex Analytics AUD/USD: wave analysis for Jan. 26-30 Weekly. The pair keeps forming the global downward correction , which is taking the form of a triple zigzag. At the moment, we see the development of the final zigzag (z). Daily. As part of the zigzag (z) the pair keeps forming the descending impulse A. Soon this impulse will be fully completed and the pair will begin development of a new upward wave B. H4. We can see the details of the wave [5] of A. Immediately after the completion of the wave (4) the pair collapsed in a new impulse wave (5). This week we expect it to continue falling within this bearish wave. More: http://fxbazooka.com/en/analitycs/show/3348 Quote
riki143 Posted January 27, 2015 Posted January 27, 2015 Forex Analytics Forex trading plan for Jan. 27 The opposition anti-austerity party Syriza has won Greek election. Syriza gets 149 seats in Parliament (out of 151 needed for majority) and has made an alliance with the Independent party to gain the majority needed to take over from New Democracy/Pasok. The market will be now looking for every piece of news about Greece’s negotiations with the creditors, but we don’t expect any fatal announcements in the coming sessions. This means that EUR/USD has room for correction/consolidation. EUR/USD rose to 1.1260 on Monday closing the opening gap after falling to as low as 1.1097. Resistance is at 1.1305 and 1.1370. Support is at 1.1000. GBP/USD is trading below the previous support at 1.5050 and is vulnerable for a decline to 2013 low in the 1.4813/00 area where it should find a good support. Watch the UK GDP data tomorrow at 09:30 GMT. USD/JPY is fluctuating around 118.00. Support is located at 117.25, 116.90 and 115.85. On Tuesday the US will release several important pieces of data, and the forecasts are quite positive. A break above 118.90 will open the way to 120.00. The pair’s ability to rise above the 120 handle will depend on the outcome of the Fed’s meeting on Wednesday. More: http://fxbazooka.com/en/analitycs/show/3359 Quote
riki143 Posted January 28, 2015 Posted January 28, 2015 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 noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1150 (EUR 295m),1.1300 (EUR 513m), 1.1400/20 (EUR 560m); USD/JPY: 117.00 (USD 200m), 118.50 (USD 628m); AUD/USD: 0.7960 (AUD 381m), 0.8075 (AUD 396m); USD/CAD: 1.2375 (USD 438m), 1.2290 (USD 300m); EUR/JPY:136.95 (EUR 402m). More: http://fxbazooka.com/en/news/show/2197 Quote
riki143 Posted January 29, 2015 Posted January 29, 2015 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 and unsteady. The US will release unemployment claims at 13:30 GMT. EUR/USD descended to 1.1280. Concerns about Greece have risen as the nation’s new Prime Minister Alexis Tsipras, challenged international creditors on Wednesday by halting privatization plans agreed under the country’s bailout deal. Watch German preliminary inflation report & unemployment figures. USD/JPY keeps consolidating in the 117.25/118.80 area. Watch Japanese inflation figures early on Friday. Shorts possible below 117.00 targeting 116.50/00. Resistance is at 118.09, 118.80 and 119.30. GBP/USD faces resistance at 1.5155 and may drift down to 1.5100. More sideways trading is expected. The pair waits for new drivers. Resistance is at 1.5200, 1.5267 and 1.5350. AUD/USD has spiked up on Wednesday and below the recent low at 0.7857 the downside may extend to 0.7800/7780. More: http://fxbazooka.com/en/analitycs/show/3394 Quote
riki143 Posted January 29, 2015 Posted January 29, 2015 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 noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1100 (EUR 378m), 1.1230 (EUR 231m), 1.1250 (EUR 420m), 1.1400 (EUR373m); USD/JPY: 116.50 (USD 7332m), 117.00 (USD 520m), 117.65 (USD 400m), 118.00 (USD 300m), 118.50 (USD 2.1bln), 119.00 (USD 2.7bln), 119.50 (USD 885m); GBP/USD: 1.5100 (GBP 1bln), 1.5250 (GBP 302m), 1.5400 (GBP 744m); NZD/USD: 0.7295/0.7300 (NZD 1.29bln). More: http://fxbazooka.com/en/news/show/2201 Quote
riki143 Posted January 29, 2015 Posted January 29, 2015 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 0.7780. The outlook for Aussie is bearish as traders are speculating about the possibility of the Reserve Bank of Australia cutting rates next Tuesday. The next support is at 0.7650. Resistance is at 0.7950. On Friday watch Australian producer price data (00:30 GMT). NZD/USD shorts targeting 0.7150 seem like a good trade idea. USD/CAD has surged to 1.2550. The pair is certainly very overbought and required correction at least to 1.2400. On the upside targets lie at 1.2630, 1.2680 and 1.2700. The US and Canada will release GDP data at 13:30 GMT. GBP/USD and USD/JPY keep consolidating and the levels to watch for them remain pretty much the same. USD/JPY faces resistance at 118.80 and 119.30 and has support at 117.25/15, 116.50 and 115.85. GBP/USD has resistance at 1.5155, 1.5200, 1.5267 and support at 1.5100, 1.5050 and 1.5000. The US GDP release should bring more volatility in these pairs. More: http://fxbazooka.com/en/analitycs/show/3405 Quote
riki143 Posted January 30, 2015 Posted January 30, 2015 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 at 13:30 GMT, which economists think will show a solid growth of 3.0%. USD/JPY is below 118.00, almost in the middle of the recent sideways range. Japan released mixed economic data. Industrial production increased more than expected in December, but inflation slowed slightly more than expected: without the impact of the sales tax hike the price growth is the lowest since June 2013. Commodity currencies – AUD, NZD and CAD – tried to correct a bit up after heavy selling in the previous sessions. EUR and JPY are rather stable. CHF paused after falling versus both USD and EUR on Thursday: the market is speculating about the intervention by the Swiss National Bank. More: http://fxbazooka.com/en/news/show/2205 Quote
riki143 Posted January 30, 2015 Posted January 30, 2015 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 at 0.9044 AUD/USD: hold SHORT at 0.8130; TAKE PROFIT revised to 0.7683; revised STOP at 0.7917 EUR/CHF: hold LONG at 1.0195; TAKE PROFIT at 1.0650; STOP at 1.0185 GBP/JPY: hold LONG at 177.80; TAKE PROFIT at 180.95; STOP at 177.20 Trade ideas: USD/CAD: BUY at 1.2550; TAKE PROFIT at 1.2718; STOP at 1.2490 EUR/JPY: BUY at 132.85; TAKE PROFIT at 135.81; STOP at 132.15 EUR/GBP: SELL at 0.7540; TAKE PROFIT at 0.7391; STOP at 0.7600 GBP/USD: SELL at 1.5130; TAKE PROFIT at 1.4886; STOP at 1.5240 NZD/USD: SELL at 0.7340 TAKE PROFIT revised to 0.7120; STOP at 0.7405 More: http://fxbazooka.com/en/analitycs/show/3413 Quote
riki143 Posted January 30, 2015 Posted January 30, 2015 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 is most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1200 (EUR 291m), 1.1300 (EUR 427m), 1.1400 (EUR 565m), 1.1450/60 (EUR 662m) GBP/USD: 1.5350 (GBP 340m); USD/JPY: 115.50 (USD 1.17bln), 117.75 (USD680m), 118.00 (USD 698m), 118.50 (USD 513m), 119.00 (USD 1.6bln); AUD/USD: 0.7750 (AUD 619m), 0.7850 (AUD 527m), 0.7900 (AUD 303m); USD/CAD: 1.2500 (USD 280m); NZD/USD: 0.7200 (NZD 634m), 0.7300 (NZF 624m), 0.7400 (NZD 289m); EUR/JPY: 134.50 (EUR 252m), 138.00 (EUR 460m). More: http://fxbazooka.com/en/news/show/2206 Quote
riki143 Posted February 2, 2015 Posted February 2, 2015 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 in January. USD/JPY briefly touched a 2-week low below 117.00 on Monday. The Bank of Japan’s Governor Haruhiko Kuroda said he did not think the recent weakening of the yen was severely hurting the country’s economy. Then demand from Japanese importers helped the US dollar to recover to 117.87. Still, the USD bulls are not very confident after data on Friday showed that American economic growth slowed in Q4. AUD/JPY hit 11-month low at 90.70 before returning up to 91.50. Canadian dollar is trading on the downside. AUD/USD and NZD/USD are a bit on the upside, but still close to the minimums. The new Greek government has said that it will not cooperate with the ‘Troika’ of international creditors, and does not plan to seek an extension for its aid package which is set to expire at the end of February. However, there’s no fresh sell-off in the euro: some analysts think that much of bad news on Europe may have been already priced in. EUR/USD is trading in the 1.1300 area. Here are the important events to watch today: More: http://fxbazooka.com/en/news/show/2213 Quote
riki143 Posted February 2, 2015 Posted February 2, 2015 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 its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1225 (EUR 225m), 1.1250 (EUR 835m); USD/JPY: 118.15 119.00; AUD/USD: 0.7750 (AUD 450m), 0.7800, 0.7840 (AUD 400m,) 0.7900 (AUD 420m); NZD/USD: 0.7300 (NZD 200m); EUR/JPY: 133.00 (EUR 330m). More: http://fxbazooka.com/en/news/show/2216 Quote
riki143 Posted February 3, 2015 Posted February 3, 2015 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 expected in December, while ISM Manufacturing PMI slid from 55.5 to 53.5 in January. Asian stocks sagged amid ongoing growth concerns. USD/JPY returned below 117.00. AUD/USD hit 0.7650, the lowest level since March 2009, as the Reserve Bank of Australia cut its benchmark rate by 25 bps to 2.25% in order to encourage the nation’s economic growth. New Zealand’s solar was also hit by this move: NZD/USD slid to a 4-year low at 0.7190. US crude oil rose to $49.88 a barrel. Some investors think that this commodity has finally hit the bottom. Canadian dollar is trading a bit on the downside after correcting up on Monday. Here are the main events to watch for today: More: http://fxbazooka.com/en/news/show/2219 Quote
riki143 Posted February 3, 2015 Posted February 3, 2015 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 most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1200/10 (EUR 520m), 1.1300 (EUR 552m), 1.1400 (EUR 270m); USD/JPY: 115.00 (USD 5bln), 116.00 (USD 9.5bln), 116.45-50 (USD 1.5bln), 117.00 (USD 848m), 118.00 (USD 3.8bln), 118.30/40 (USD 1.5bln), 119.00 (USD 1.7bln); USD/CAD: 1.2400 (USD 270m); AUD/USD: 0.7750 (AUD 470m), 0.7800 (AUD 691m), 0.7900 (AUD 677m), 0.8000 (AUD 230m); NZD/USD: 0.7300 (NZD 200m), 0.7350 (NZD 201m), 0.7390 (NZD 259m), 0.7400 (NZD 367m). More: http://fxbazooka.com/en/news/show/2222 Quote
riki143 Posted February 5, 2015 Posted February 5, 2015 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 forecast, the downtrend in EUR/USD will soon resume. Decline below 1.1440 will bring euro down to 1.1355. Next support is at 1.1275 and 1.1210. Watch the German factory orders and the EU economic forecasts on Thursday. News from Greece will also impact the market. US are scheduled to release trade balance and unemployment claims tomorrow. GBP/USD was boosted to the levels above 1.5200 by the better-than-expected UK services PMI (57.2 vs. 56.5). However, pound approached the downtrend resistance line just below 1.5300. Tomorrow traders will be focused on the Bank of England’s meeting at 12:00 GMT. No changes in policy are expected. A break above 1.5300 can trigger an increase to 1.5475. USD/JPY may continue being sold on the upside in the area between 117.90 and 118.30 and bought on the downside in the 117.00 area. NZD/USD pushed higher on Wednesday, supported by the neutral RBNZ stance and higher-than-expected milk prices. However, the pair faced resistance at $0.7450 (38.2% Fibo) and returned below the $0.7390 support later in the day. AUD/USD has also recovered some ground, retracing most of the post-RBA losses. The pair is facing resistance at 0.7850 and is vulnerable for a return to 0.7700. Next resistance is at 0.8000. Watch the Australian retail sales release at 00:30 GMT. USD/CAD can weaken to 1.2300. Resistance is at 1.2500 and 1.2625. EUR/GBP will be a sell in case of the break below 0.7500. More: http://fxbazooka.com/en/analitycs/show/3483 Quote
riki143 Posted February 5, 2015 Posted February 5, 2015 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. Asian shares declined. USD/JPY has once again lowered to support in the 117.00 area. Traders are awaiting the release of American unemployment claims later today (12:30 GMT) as a preview to Friday's all important non-farm payrolls data (NFP). Chinese equities, however, managed to rise as China’s central bank cut the level of reserves banks must hold in order to encourage lending and economic growth. AUD/USD and NZD/USD edged a bit higher. Australian retail sales grew less than expected. Another negative development for the mood of the bulls was the decline in crude oil price after the US announced that that its oil inventories reached a record high. GBP/USD is trading in the 1.5200 ahead of the Bank of England’s meeting. The central bank is expected to leave policy unchanged. Here are the main events to watch today (see more in the economic calendar): More: http://fxbazooka.com/en/news/show/2231 Quote
riki143 Posted February 5, 2015 Posted February 5, 2015 Forex Analytics Danske Bank: trade signals for Feb. 5 Open positions: EUR/USD: Hold SHORT at 1.1357, TAKE PROFIT 1.1262, STOP LOSS 1.1407 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 AUD/USD: Hold LONG at 0.7773, TAKE PROFIT 0.7942, STOP LOSS 0.7710 EUR/CHF: Hold LONG at 1.0195, TAKE PROFIT 1.0669, STOP LOSS 1.0350 EUR/CAD: Hold LONG at 1.4250, TAKE PROFIT 1.4645, STOP LOSS 1.4110 GBP/JPY: Hold LONG at 175.85, TAKE PROFIT 179.95, STOP LOSS 176.55 NZD/USD: Hold LONG at 0.7330, TAKE PROFIT 0.7495, STOP LOSS 0.7275 Trade ideas: GBP/USD: BUY at 1.5165, TAKE PROFIT 1.5486, STOP LOSS 1.5080 USD/CAD: BUY EUR/JPY: BUY EUR/GBP: SELL More: http://fxbazooka.com/en/analitycs/show/3488 Quote
riki143 Posted February 5, 2015 Posted February 5, 2015 MARKET NEWS Key option levels 5 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 most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1300 (EUR 1bln), 1.1350-60 (EUR 737m), 1.1450 (EUR 656m), 1.1500 (EUR 2.6bln), 1.1595/1.1600 (1.8bln); GBP/USD: 1.5145/50 (GBP 430m), 1.5250 (GBP 200m), 1.5275 (GBPUSD 275m); USD/JPY: 116.00 (USD 368m), 117.00 (USD 1bln), 117.75 (USD 752m), 119.00 (USD 941m); USD/CAD: 1.2490 (USD 410m), 1.2570 (USD 440m), 1.2630 (USD 440m); AUD/USD: 0.7750 (AUD 389m), 0.7775 (AUD 318m), 0.7850 (AUD 407m). More: http://fxbazooka.com/en/news/show/2235 Quote
riki143 Posted February 5, 2015 Posted February 5, 2015 Forex Analytics Forex trading plan for Feb. 6 EUR/USD is expected to consolidate in the 1.1500/1.1300 area as the market players await news from the US (NFP at 12:30 GMT on Friday) and Greece (here we regrettably don’t have a time schedule). The pressure on Greece to accept responsibilities on the terms of repaying its debt is increasing. The nation will likely find a way to reach an agreement with its creditors, but before that more stress is very likely. Greek Finance Minister Yanis Varoufakis met with German counterpart Wolfgang Schäuble, and as Schäuble put it, they’ve agreed to disagree. Above the 1.1500 resistance is at 1.1600 and 1.1655. The break below 1.1300 will send EUR/USD towards 1.1300. As for the US labor market data, on balance it’s expected to be good. At the same time, the positive impact on USD may be limited as the US economic growth has slowed down in Q4. GBP/USD is on the strong foot on good data from the UK and generally lower figures seen in the US this week. Pound may rise to 1.5480. The Bank of England has left its monetary policy unchanged. GBP/USD faces resistance at 1.5270 and 1.5350. Support is in the 1.5125/10 area and then at 1.5033. EUR/GBP is vulnerable for decline towards 0.7400. USD/JPY may continue being sold on the upside in the area between 117.90 and 118.30 and bought on the downside in the 117.00 area. AUD/USD is trying to base above 0.7700. Above the neckline of the inversed H&S at 0.7857 Aussie will get a chance to rise to the 0.800 area. The Reserve Bank of Australia will release monetary policy statement early on Friday. The statement will include the RBA’s view economic conditions and inflation. More: http://fxbazooka.com/en/analitycs/show/3506 Quote
riki143 Posted February 6, 2015 Posted February 6, 2015 MARKET NEWS Feb. 6: MARKET OVERVIEW FXBAZOOKA.com - Asian shares edged higher on Friday and oil prices continued to recovered, but investors were cautious ahead of the US jobs data at 12:30 GMT. According to the forecasts, American non-farm payrolls probably increased 236K in January after advancing 252K in December. The unemployment rate is expected to remain at a 6-1/2-year low of 5.6%, while average hourly earnings were forecast to show a rise of 0.3% following the previous month’s fall of 0.2%. US data on Thursday were mixed, so investors are waiting for today’s figures for clues on the timing of the Fed’s first interest rate hike. Brent crude futures traded a bit higher in the area of $56.98 a barrel. Oil recovered on the escalating conflict in Libya and after China’s central bank easing increased the expectations of oil demand. EUR/USD is trading just below 1.1500. The euro is trading on the upside for the second day on the news that the European Central Bank had agreed to allow Greece’s national central bank to grant its banks emergency funding of up to 60 billion euro. In addition, the single currency was supported by the talk that the National Bank had bought euros to weaken the Swiss franc. AUD/USD is trading just below resistance at 0.7850 as the Reserve Bank of Australia gave no clear hints on further monetary easing. Here are the main events for today (seem more in the economic calendar): More: http://fxbazooka.com/en/news/show/2246 Quote
riki143 Posted February 6, 2015 Posted February 6, 2015 MARKET NEWS Key option levels 6 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 most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1300 (EUR 454m), 1.1400 (EUR 982m), 1.1450 (EUR 603m), 1.1500 (EUR 1.45bln), 1.1600 (EUR 1.25bln); GBP/USD: 1.5300 (GBP 200m), 1.5175/80 (GBP 250m); USD/JPY: 115.50 (USD 3bln), 117.00 (USD 1.8bln), 118.00 (USD 374m), 118.25/30 (USD 300m), 118.50 (USD 310m), 119.50 (USD 650m); USD/CAD: 1.2470 (USD 210m), 1.2500 (USD 233m); NZD/USD:0.7630 (NZD 606m). More: http://fxbazooka.com/en/news/show/2248 Quote
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