riki143 Posted March 18, 2015 Posted March 18, 2015 Forex Analytics Danske Bank: trade signals for March 18 Open positions*: USD/JPY: Hold LONG at 118.90, TAKE PROFIT 122.62, STOP LOSS 120.59 GBP/USD: Hold SHORT at 1.4810, TAKE PROFIT 1.4646, STOP LOSS 1.4900 USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 1.0295, STOP LOSS 0.9908 USD/CAD: Hold LONG at 1.2495, TAKE PROFIT 1.2957, STOP LOSS 1.2730 EUR/JPY: Hold SHORT at 129.00, TAKE PROFIT 125.72, STOP LOSS 130.20 EUR/GBP: Hold SHORT at 0.7170, TAKE PROFIT 0.6961, STOP LOSS 0.7245 EUR/CHF: Hold SHORT at 1.0605, TAKE PROFIT 1.0414, STOP LOSS 1.0685 GBP/JPY: Hold SHORT at 180.00, TAKE PROFIT 176.75, STOP LOSS 180.80 NZD/USD: Hold LONG at 0.7365, TAKE PROFIT 0.7515, STOP LOSS 0.7265 Trade signals: EUR/USD: Look to SELL AUD/USD: SELL at 0.764, TAKE PROFIT 0.7451, STOP LOSS 0.7735 (revised) EUR/CAD: SELL at 1.3735, TAKE PROFIT 1.3230, STOP LOSS 1.3835 _____________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4149 Quote
riki143 Posted March 19, 2015 Posted March 19, 2015 Forex Analytics Forex trading plan for Mar. 19 By Kira Iukhtenko US Dollar remains under slight bearish pressure on Wednesday ahead of the Fed's policy announcement. The Fed will likely change its policy statement, opening the way for a rate hike in June. However, we expect the greenback to decline following the meeting as the Fed will highlight the negative economic risks. On Thursday United States are scheduled to release jobless claims, current accout and Philly Fed manufacturing index (forecasts - upbeat). EUR/USD consolidates slightly above 1.0600 and remains vulnerable to further selloff. The pair is unlikely to overcome the 1.0650/80 resistance area. ECB is scheduled to hold another TLTRO auction on Thursday - the demand is expected to be low. Watch the EU economic summit headlines - we could get some news on the Greek question. GBP/USD plunged to 1.4630, disappointed by weak UK labor data and dovish BOE minutes. MPC members were focused on the downside risks to economic growth and inflation on the past meeting. They are seriously worried by growing policy divergence between the ECB and the BOE. On top of that, pay attention to the New Zealand GDP tonight. Swiss National Bank will hold its policy meeting later in the day - we could get some hints on rate hikes planned for the coming months. More: http://fxbazooka.com/en/analitycs/show/4164 Quote
riki143 Posted March 19, 2015 Posted March 19, 2015 MARKET NEWS Key option levels 19 March 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: 1.0500 (EUR 3.3bln), 1.0600 (EUR 2.1bln); GBP/USD: 1.4875 (GBP 252m), 1.4910 (GBP 531m), 1.4950 (GBP 717m); USD/JPY: 120.00 (USD 447m), 121.00 (USD 330m), 122.00 (USD 2.4bln), 122.50 (USD 661m); USD/CAD: 1.2750 (USD 240m), 1.2780 (USD 320m); AUD/USD: 0.7630 (AUD 230m), 0.7700 (AUD 314m), 0.7800 (AUD 2bln), 0.7915 (AUD 2bln); NZD/USD: 0.7180 (NZD 441m), 0.7350 (NZD 201m); EUR/JPY: 128.50 (USD 326m), 130.00 (USD 258m). More: http://fxbazooka.com/en/news/show/2448 Quote
riki143 Posted March 19, 2015 Posted March 19, 2015 Forex Analytics Danske Bank: trade signals for March 19 Open positions: EUR/CHF: Hold SHORT at 1.0605, STOP LOSS 1.0685 EUR/CAD: Hold SHORT at 1.3735, TAKE PROFIT 1.3230, STOP LOSS 1.3835 NZD/USD: Hold LONG at 0.7365, TAKE PROFIT 0.7611, STOP LOSS 0.7310 (revised) USD/JPY: Hold SHORT at 120.40, TAKE PROFIT 119.29, STOP LOSS 120.88 Trade ideas: EUR/USD: Possibly SELL EUR/JPY: Possibly SELL on return towards 131.67 EUR/GBP: BUY at 0.7220, TAKE PROFIT 0.7372, STOP LOSS 0.7160 GBP/JPY: Possibly SELL GBP/USD: Possibly BUY USD/CHF: Possibly BUY AUD/USD: Possibly BUY USD/CAD: Possibly SELL _______________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4171 Quote
riki143 Posted March 19, 2015 Posted March 19, 2015 Forex Analytics Large banks: what to expect from EUR/USD? 19 March 2015 Despite the change in Fed's forward guidance, the overall tone has become much softer. As a result, we've seen a strong wave of USD selling durring Yellen's press-conference: EUR/USD jumped to 1.1044. The majority of banks' positions were stopped out. The only bank that stays in EUR/USD is Citi Bank: 1) SHORT from 1.1368, TAKE PROFIT 1.0000, STOP LOSS 1.1690 (since Feb. 6) 2) SHORT from 1.1430, TAKE PROFIT 1.0400, STOP LOSS 1.1710 (since Feb. 3) Meanwhile, Commerzbank sees the bullish correction limited at 1.1045. They are getting ready to reenter shorts. RBC Capital Markets are also going to sell in the $1.1050-1.1100 range, targeting parity in the medium term. More: http://fxbazooka.com/en/analitycs/show/4174 Quote
riki143 Posted March 20, 2015 Posted March 20, 2015 Forex Analytics Forex trading plan for March 20 By Elizaveta Belugina EUR/USD spiked to the downtrend resistance line connecting December highs and levels at the end of February in the area of 1.1045, but failed to sustain the advance. Retest of 1.0500 now looks quite likely. The market’s still bearish on the euro, but in the coming sessions volatility is going to be high, and we may see some attempts to bring the single currency higher, at better levels for selling. Traders are still digesting the results of the Federal Reserve’s meeting and may remain indecisive for some time. Resistance area is at 1.0950/1.1000. Friday will be the second day of the EU economic summit, but no important decisions are expected: the Greek problem will take more time to solve. GBP/USD has made a very volatile move to 1.5160 (bottom of the daily Cloud, 50% Fibo). The following selloff halted around 1.4800 and now the pair is consolidating in the 1.4900 zone. Britain will release public sector net borrowing at 09:30 GMT, forecast is negative. Yield spread continues to favor the USD and British labor data this week disappointed. The pair’s vulnerable for decline to 1.4720/00. USD/JPY has touched 119.30 before recovering to 120.80. The Bank of Japan’s meeting minutes will be released early on Friday. This won’t be much of the news because the meeting in question was more than a month ago. The bulls will face resistance at 121.30 and then at 122.00. AUD/USD spiked up, but failed to close above 0.7800 on Wednesday. There’s a band of resistance in the 0.7850/0.7900 area. Support is at 0.7650 and 0.7560; the bearish daily Ichimoku Cloud is still rather thick. Reserve Bank of Australia’s Governor Glenn Stevens will speak during Friday’s Asian session. This week we’ve learned that the RBA has become more dovish at its last meeting, and Stevens may provide some confirmation of this idea. More: http://fxbazooka.com/en/analitycs/show/4180 Quote
riki143 Posted March 20, 2015 Posted March 20, 2015 Forex Analytics GBP/USD: forecast for Mar. 23-29 By Kira Iukhtenko Less hawkish than expected Federal Reserve failed to support the cable for long. On the weekly chart the pair formed a long-shadowed candle with a small body, but we are closing the week far below the prior 1.4800 support. Dovish BOE meeting minutes limited the sterling’s recovery. MPC members were focused on the downside risks to economic growth and inflation on the past meeting. BOE rate hike expectations shifted to 2016 as a result. On new week watch UK inflation figures on Tuesday. Consumer prices are expected to extend the decline. On Thursday Great Britain will publish February retail sales. More: http://fxbazooka.com/en/analitycs/show/4196 Quote
riki143 Posted March 20, 2015 Posted March 20, 2015 Forex Analytics USD/JPY: forecast for March 23-29 By Elizaveta Belugina During the past week the advance of USD/JPY halted, and levels above the 122.00 handle were unattainable for the bulls. US dollar tested 119.30 before recovering above 120.50. The pair was driven mainly by the news from the United States about the Federal Reserve’s policy. As the Fed provided a more dovish stance on interest rates, the greenback’s appreciation slowed down. The overall trend for the US currency, however, is still bullish as American economic fundamentals are better than in other advanced economies including Japan. As for the Bank of Japan, it left the policy unchanged in March in line with market’s expectations. On the one hand, Japanese policymakers keep repeating that they will reach the 2% inflation target in the year beginning in April, even if to do this they will have to increase monetary stimulus. At the same time, the minutes of the central bank’s February meeting showed that government officials who were present at the meeting said that there’s no need to hurry with encouraging inflation. The bottom line is that although the medium-term outlook is positive, right now USD/JPY has few drivers for a decisive growth. Note that as we’re getting closer to the end of the month and the end of the fiscal year in Japan, demand for Japanese currency will go up as a result of the profit repatriation by Japanese companies. Next week all eyes will be on the US economic releases, especially inflation figures. Only on Friday there will be a block of economic statistics from Japan including inflation, retail sales & household spending data. Trading will likely be once again taking place in the 120.00/122.00 range. More: http://fxbazooka.com/en/analitycs/show/4199 Quote
riki143 Posted March 20, 2015 Posted March 20, 2015 Forex Analytics US Dollar: forecast for Mar. 23-29 By Kira Iukhtenko Federal Reserve killed the US dollar rally on Wednesday, lowering economic forecasts and pointing to increased risks. Note that FOMC members’ forecasts for the Fed’s fund rate have been lowered significantly. They now expect rate to reach only 0,62% by the end of the year. Currency market was strongly disappointed and sold the dollar at a fastest daily pace in 6 years. The long-term USd trend still remains bullish, but we see the short-term prospects worsened. USD will likely be trading sideways with a slight bullish tendency until we see a noticeable progress in economic data. On the new week the market will pay attention to the inflation figures on Tuesday. Consumer prices kept on falling for 4 months in a row and are expected to stay in the red zone. On Wednesday watch durable goods orders, while on Friday US will publish its final Q4 GDP. More: http://fxbazooka.com/en/analitycs/show/4195 Quote
riki143 Posted March 20, 2015 Posted March 20, 2015 Forex Analytics EUR/USD: forecast for March 23-29 By Elizaveta Belugina The past week brought some correction to EUR/USD. The pair spiked from 1.06/1.07 to 1.1045. Such big move was the result of the fact that the euro is seriously oversold. The force driving EUR/USD down has diminished on the US dollar part as the expectations of the Federal Reserve’s rate hike moved from June towards September. At the same time, the predominant point of view is still that the pair will continue its slide to the parity in the medium term as the ECB’s massive quantitative easing program pulls down European bond yields and the euro. It’s clear though that the pace of the decline won’t be as rapid as it was. Traders will be aware of the short covering risk and we’ll see more of the sideways trade in the coming weeks. Next week there will be some news about the state of the euro area’s economy: pay attention to the region’s PMI indexes on Tuesday, German Ifo business climate on Wednesday and German GfK consumer climate on Thursday. Data from the US – inflation figures in particular – will be also very important, because traders will continue adjusting their expectations of the Federal Reserve’s rate hike. The price chart shows that right after EUR/USD tested the 3.5-month resistance line sellers rushed into new short positions and made the pair quickly retrace much of the advance. It suggests that all attempts of the single currency to push higher will likely be rather weak. The area of 1.0950/1.1000 will provide resistance. Support at 1.0500 may hold for a time being. A decisive break lower will send the pair towards 1.0200. More: http://fxbazooka.com/en/analitycs/show/4198 Quote
riki143 Posted March 20, 2015 Posted March 20, 2015 Forex Analytics EUR/USD: forecast for March 23-29 By Elizaveta Belugina The past week brought some correction to EUR/USD. The pair spiked from 1.06/1.07 to 1.1045. Such big move was the result of the fact that the euro is seriously oversold. The force driving EUR/USD down has diminished on the US dollar part as the expectations of the Federal Reserve’s rate hike moved from June towards September. At the same time, the predominant point of view is still that the pair will continue its slide to the parity in the medium term as the ECB’s massive quantitative easing program pulls down European bond yields and the euro. It’s clear though that the pace of the decline won’t be as rapid as it was. Traders will be aware of the short covering risk and we’ll see more of the sideways trade in the coming weeks. Next week there will be some news about the state of the euro area’s economy: pay attention to the region’s PMI indexes on Tuesday, German Ifo business climate on Wednesday and German GfK consumer climate on Thursday. Data from the US – inflation figures in particular – will be also very important, because traders will continue adjusting their expectations of the Federal Reserve’s rate hike. The price chart shows that right after EUR/USD tested the 3.5-month resistance line sellers rushed into new short positions and made the pair quickly retrace much of the advance. It suggests that all attempts of the single currency to push higher will likely be rather weak. The area of 1.0950/1.1000 will provide resistance. Support at 1.0500 may hold for a time being. A decisive break lower will send the pair towards 1.0200. More: http://fxbazooka.com/en/analitycs/show/4198 Quote
riki143 Posted March 23, 2015 Posted March 23, 2015 Forex Analytics Danske Bank: trade signals for Mar. 23 Open positions: USD/CAD: Hold LONG at 1.2640, TAKE PROFIT 1.2900, STOP LOSS 1.2505 EUR/JPY: Hold SHORT at 129.90, TAKE PROFIT 126.57, STOP LOSS 130.85 Trade signals:* EUR/USD: SELL at 1.0939, TAKE PROFIT 1.0613, STOP LOSS 1.1040 USD/JPY: BUY at 119.71, TAKE PROFIT 121.41, STOP LOSS 119.08 GBP/USD: BUY at 1.4785, TAKE PROFIT 1.5203, STOP LOSS 1.4685 USD/CHF: BUY at 0.9708, TAKE PROFIT 0.9984, STOP LOSS 0.9625 AUD/USD: BUY at 0.7710, TAKE PROFIT 0.7914, STOP LOSS 0.7640 EUR/GBP: SELL at 0.7275, TAKE PROFIT 0.7015, STOP LOSS 0.7330 NZD/USD: BUY at 0.7515, TAKE PROFIT 0.7712, STOP LOSS 0.7445 EUR/CHF: Possibly SELL EUR/CAD: Possibly BUY GBP/JPY: Possibly SELL _______________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4212 Quote
riki143 Posted March 24, 2015 Posted March 24, 2015 Forex Analytics Forex trading plan for Mar. 24 By Kira Iukhtenko US dollar opened the week under moderate bearish pressure following the last week's sharp selloff. On the past week USD index formed a strong bearish candle, but failed to form a "bearish engulfing". It confirms that the current USD decline is temporary. This week the market attention will be focused on the US inflation data on Tuesday (12:30 GMT). CPI is expected to come at 0.1% in February - better than in January, but not enough to inspire a fresh USD rally. EUR/USD recovered above 1.0900 on Monday. Markets await a bunch of PMI indices to be released on Tuesday. The figures are expected to confirm increased optimism due to QE launch in March. If it happens, we'll see EUR/USD recovered up to 1.1500 in the coming days. GBP/USD spent the past week in an extened 1.4635/1.5160 range. Fed and BOE behaved in a similar way, pointing to increased economic risks and delaying rate hike expectations. However, the Fed is still expected to become the first one to raise rates. UK is also expected to release inflation figures tomorrow. Cable clearly remains offered below 1.5000. Break below 1.4800 would increased the pace of sales. USD/JPY formed a bearish engulfing candle on the past week, descending from 122.00 yen. We turned bearish for the pair following the Fed's meeting. Daily close below 119.80 would trigger a decline to 118.00. AUD/USD and NZD/USD have also gapped higher on Monday. Watch China's HSBC manufacturing PMI tonight - reading above 50 will push the commodity currencies higher from the current levels. More: http://fxbazooka.com/en/analitycs/show/4223 Quote
riki143 Posted March 24, 2015 Posted March 24, 2015 Forex Analytics Danske Bank: trade signals for Mar. 24 Open positions:* USD/JPY: Hold LONG at 119.71, TAKE PROFIT 121.41, STOP LOSS 119.08 USD/CHF: Hold LONG at 0.9708, TAKE PROFIT 0.9984, STOP LOSS 0.9625 GBP/JPY: Hold SHORT at 179.00, TAKE PROFIT 175.50, STOP LOSS 180.20 Trade signals: EUR/USD: SELL at 1.0979, TAKE PROFIT 1.0696, STOP LOSS 1.1063 GBP/USD: BUY at 1.4820, TAKE PROFIT 1.5203, STOP LOSS 1.4715 (revised) AUD/USD: BUY at 0.7810, TAKE PROFIT 0.8033, STOP LOSS 0.7745 EUR/JPY: SELL at 131.50, TAKE PROFIT 128.37, STOP LOSS 132.15 EUR/CAD: BUY at 1.3575, TAKE PROFIT 1.3895, STOP LOSS 1.3470 NZD/USD: BUY at 0.7555, TAKE PROFIT 0.7712, STOP LOSS 0.7495 (revised) EUR/GBP: Possibly BUY EUR/CHF: Possibly SELL USD/CAD: Possibly SELL _______________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4233 Quote
riki143 Posted March 24, 2015 Posted March 24, 2015 Forex Analytics GOLD: weekly wave analysis 24 March 2015 Weekly. Global corrective wave [4] is now being developped. The final part is now being built. Daily. The price is now descending in a bearish impulse V of © of [iV]. Let's see the markup of the wave V. H4. The bullish corrective move is taking form of a simple zigzag [a]--[c]. In the coming days a small correction will likely be constructed. Afterwards we expect a final bullish move in a wave [c]. More: http://fxbazooka.com/en/analitycs/show/4245 Quote
riki143 Posted March 25, 2015 Posted March 25, 2015 Forex Analytics Forex trading plan for March 25 By Elizaveta Belugina The strength of the US dollar has diminished after the Fed’s meeting last week and comments of the Deputy Governor Fisher. Yet, American inflation figures weren’t as bad as some feared. Core CPI, though low, was a bit above forecasts. On Wednesday the market’s attention will be focused on the durable goods orders release at 12:30 GMT. EUR/USD has approached last week’s high in the 1.1045 area which coincides with the top Bollinger band on H4. The next resistance is at 1.1100. Data from the euro area was marginally better, so consolidation will continue with buyers around 1.0870, 1.0820 and 1.0750. Don’t miss German Ifo business climate index. GBP/USD so far has failed to settle above January low at 1.4950. Inflation data in the UK was lower than expected. The pair lacks momentum and may revisit levels just above 1.4700. Only BBA Mortgage Approvals are due in Britain on Wednesday, not much of a market mover. USD/JPY is below support line of the 3-month uptrend. Daily MACD is declining. Further support is at 119.08/00 and 118.60. Resistance is in the 119.80 area ahead of 120.50. US data is the main driver of the pair. AUD/USD is testing the 0.7900 handle. The pair has breached the downtrend resistance line and entered the bearish daily Ichimoku Cloud. Resistance is at 0.8032 (Jan. 7 low) and 0.8105 (100-day MA). Support is at 0.7850 and 0.7750. The Reserve Bank of Australia will release its Financial Stability Review early on Wednesday. More: http://fxbazooka.com/en/analitycs/show/4251 Quote
riki143 Posted March 25, 2015 Posted March 25, 2015 MARKET NEWS Key option levels 25 March 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: 1.0800 (EUR 1.6bln), 1.0900 (EUR 2.3bln), 1.1000 (EUR 470m), 1.1050 (EUR 1.3bln); USD/JPY: 118.50 (USD 400m), 120.00 (USD 1.5bln), 121.00 (USD 700m); USD/CAD: 1.2440/55 (USD 440m), 1.2550 (USD 465m), 1.2570/75 (USD 270m). More: http://fxbazooka.com/en/news/show/2485 Quote
riki143 Posted March 25, 2015 Posted March 25, 2015 Forex Analytics Danske Bank: trade signals for Mar. 25 Open positions:* EUR/USD: Hold SHORT at 1.0979, TAKE PROFIT 1.0696, STOP LOSS 1.1039 USD/JPY: Hold LONG at 119.71, TAKE PROFIT 121.41, STOP LOSS 119.08 GBP/USD: Hold LONG at 1.4835, TAKE PROFIT 1.5203, STOP LOSS 1.4750 EUR/JPY: Hold SHORT at 131.50, TAKE PROFIT 128.37, STOP LOSS 132.15 EUR/CAD: Hold LONG at 1.3700, TAKE PROFIT 1.3895, STOP LOSS 1.3605 GBP/JPY: Hold SHORT at 179.00, TAKE PROFIT 175.50, STOP LOSS 180.20 Trade ideas: EUR/CHF: SELL at 1.0510, TAKE PROFIT 1.0355, STOP LOSS 1.0582 NZD/USD: BUY at 0.7555, TAKE PROFIT 0.7809, STOP LOSS 0.7490 (revised) AUD/USD: BUY at 0.7810, TAKE PROFIT 0.8033, STOP LOSS 0.7745 USD/CAD: Possibly BUY EUR/GBP: Possibly BUY USD/CHF: Possibly BUY ____________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4259 Quote
riki143 Posted March 25, 2015 Posted March 25, 2015 Forex Analytics Large banks: how to trade EUR/USD? 25 March 2015 Following the Fed's March 18 meeting many market players stay cautious in trading EUR/USD. That's how the bravest are trading these days: Danske Bank holds SHORT from 1.0979, TAKE PROFIT 1.0696, STOP LOSS 1.1039 (entered on March 24) Morgan Stanley holds LONG from 1.0710, TAKE PROFIT 1.1080, STOP LOSS 1.0710 (entered on March 19) Credit Suisse holds a SELL LIMIT order from 1.1098, TAKE PROFIT 1.1050, STOP LOSS 1.1255 (entered on March 24) More: http://fxbazooka.com/en/analitycs/show/4260 Quote
riki143 Posted March 26, 2015 Posted March 26, 2015 Forex Analytics Forex trading plan for Mar. 26 By Kira Iukhtenko US Dollar index remains under pressure in the middle of the week, but holds above the Tuesday’s low. Watch the Fed’s member Dennis Lockhart speech on Thursday. In early March he made some hawkish comments. Also watch US unemployment claims on Thursday. Markets await the Friday’s final Q4 GDP – figures are expected to be revised up. That could revive USD demand on the market. Meanwhile, EUR/USD is flirting with the 1.1000 hurdle, trying to fix above the 4-month trend resistance. Market sentiment towards the euro remains quite positive amid better-than-expected figures we’ve seen this week (PMIs, German business climate). On Thursday watch the German consumer sentiment index by Gfk – more positive news could follow. Next bullish target - 1.1100. Break higher would open the way to a stronger resistance at 1.1500. GBP/USD is struggling to recover above 1.4900. Market volatility remains high. Next resistance - 1.4950. Anyway, we remain bearish below the 1.5000 handle. On Thursday don’t miss UK retail sales at 9:30 GMT (forecast – upbeat). US will also release BOE Financial stability report tomorrow. AUD/USD bulls weakened on Wednesday: the pair rolled back below 0.7900. A daily fix above 0.7915 could become a strong bullish signal, while a decisive pullback – a bearish one. We’re waiting for clear signals. USD/JPY still holds above the 100-day MA at 119.20 as we write. We target 118 yen in the coming sessions. Japan will release a bunch of data on Friday night – don’t miss CPI and retail sales. More: http://fxbazooka.com/en/analitycs/show/4278 Quote
riki143 Posted March 26, 2015 Posted March 26, 2015 MARKET NEWS Key option levels 26 March 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: 1.0820, 1.0850 (888m), 1.0900 (519m), 1.1025, 1.1040 1.1050; USD/JPY: 118.50, 118.75, 118.80, 119.00, 119.15, 119.50, 120.00 (1.3bn); AUD/USD: 0.7700 (631m), 0.7800, 0.7900 (1bn); USD/CAD: 1.2300, 1.2435, 1.2550, 1.2850; EUR/GBP: 0.7325; EUR/JPY: 131.00, 131.75, 132.00; NZD/USD: 0.7500 (524m), 0.7525 (400m). More: http://fxbazooka.com/en/news/show/2491 Quote
riki143 Posted March 26, 2015 Posted March 26, 2015 Forex Analytics Danske Bank: trade signals for Mar. 26 Open positions:* EUR/USD: Hold SHORT at 1.0979, TAKE PROFIT 1.0696, STOP LOSS 1.1039 (revised) GBP/USD: Hold LONG at 1.4835, TAKE PROFIT 1.5203, STOP LOSS 1.4750 AUD/USD: Hold LONG at 0.7810, TAKE PROFIT 0.8033, STOP LOSS 0.7745 EUR/JPY: Hold SHORT at 131.50, TAKE PROFIT 128.37, STOP LOSS 132.15 EUR/CHF: Hold SHORT at 1.0510, TAKE PROFIT 1.0355, STOP LOSS 1.0582 EUR/CAD: Hold LONG at 1.3700, TAKE PROFIT 1.3895, STOP LOSS 1.3605 GBP/JPY: Hold SHORT at 179.00, TAKE PROFIT 175.50, STOP LOSS 179.30 (revised) NZD/USD: Hold LONG at 0.7595, TAKE PROFIT 0.7809, STOP LOSS 0.7495 Trade signals: USD/JPY: Possibly SELL EUR/GBP: Possibly BUY USD/CHF: Possibly BUY, TAKE PROFIT 0.9692 USD/CAD: Possibly BUY _______________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4284 Quote
riki143 Posted March 26, 2015 Posted March 26, 2015 Forex Analytics How do large banks trade USD/JPY? 26 March 2015 This is how large banks are now trading USD/JPY these days: BNP Paribas holds LONG from 120.50, TAKE PROFIT 125.00, STOP LOSS 118.50 (entered on March 19) Citi Bank holds LONG from 120.79, TAKE PROFIT 125.75, STOP LOSS 118.00 (entered on March 6) Danske Bank holds LONG from 119.20, TAKE PROFIT 127.50, STOP LOSS 114.00 (entered on December 3) JP Morgan holds LONG from 113.99, TAKE PROFIT 126.00, STOP LOSS 116.65 (entered on November 2) Morgan Stanley: SELL LIMIT from 120.00, TAKE PROFIT 115.50, STOP LOSS 121.20 (entered on March 24) More: http://fxbazooka.com/en/analitycs/show/4287 Quote
riki143 Posted March 27, 2015 Posted March 27, 2015 Forex Analytics Forex trading plan for March 27 US dollar was under pressure on Thursday as oil price went up. The decline in American unemployment claims helped the greenback to stabilize. On Friday the spotlight will be on the US final Q4 GDP (12:30 GMT). According to the consensus forecast, the reading will raised from the second reading of 2.2% to 2.4%. Later there will be speech of the Fed’s Chair Janet Yellen at 19:45 GMT. EUR/USD is trying to push above 1.1000. The US dollar’s weakness has provoked a covering of the massive bearish positions. 200-period MA at 1.1057 is providing resistance at H4 chart. Further obstacle for the bulls will be at 1.1100. USD/JPY is trying to hang at the 100-day MA at 118.70. The pair declined as demand for Japanese yen as a safe haven increased after the news about Saudi Arabia’s military operation against rebels in Yemen. Japan will release inflation & retail sales data during Friday’s Asian session. The Bank of Japan has adopted a wait-and-see stance, so unless we see some surprising changes, the releases won’t have big impact on the yen. GBP/USD approached the psychological 1.5000 mark on better-than-expected retail sales figures, but traders don’t think that the Bank of England will change its policy, so resistance held. In this sense, comments of the central bank’s officials on Friday, including Mark Carney, may be important. As long as 1.5000 holds, the picture will be bearish with the pair leaning on support at 1.4700. More: http://fxbazooka.com/en/analitycs/show/4299 Quote
riki143 Posted March 27, 2015 Posted March 27, 2015 Forex Analytics Danske Bank: trade signals for Mar. 27 Open positions:* GBP/USD: Hold LONG at 1.4835, TAKE PROFIT 1.5155, STOP LOSS 1.4750 AUD/USD: Hold LONG at 0.7810, TAKE PROFIT 0.8033, STOP LOSS 0.7745 EUR/JPY: Hold SHORT at 131.50, TAKE PROFIT 128.37, STOP LOSS 131.70 (revised) EUR/CHF: Hold SHORT at 1.0510, TAKE PROFIT 1.0355, STOP LOSS 1.0582 GBP/JPY: Hold SHORT at 179.00, TAKE PROFIT 175.50, STOP LOSS 178.45 NZD/USD: Hold LONG at 0.7595, TAKE PROFIT 0.7809, STOP LOSS 0.7540 Trade ideas: EUR/USD: SELL at 1.0934, TAKE PROFIT 1.0696, STOP LOSS 1.1025 USD/JPY: SELL at 119.76, TAKE PROFIT 118.11, STOP LOSS 120.21 USD/CHF: BUY at 0.9585, TAKE PROFIT 0.9692, STOP LOSS 0.9487 EUR/GBP: BUY at 0.7305, TAKE PROFIT 0.7459, STOP LOSS 0.7245 USD/CAD: Possibly BUY EUR/CAD: Possibly SELL _______________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/4303 Quote
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