EURUSD - Trends, Forecasts and Implications (Part 2) - page 1689

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chepikds:

Hi! So what?!?! We're not going for the stops anymore????


From 1.3390 anything is possible, we'll see.
 

There are sort of two mash-ups of 365 and 200 (trailing), and a channel boundary.

 

Slamming through the stakes without even noticing them.

 
strangerr:

From 1.3390 anything is possible, let's see.


You know, the probability of price reaching 1.3036-1.3000 is very high and main thing that both options for further decline or rise, will move in sync without excluding each other....))))

 
strangerr:

The stakes are slapped through without even noticing them.

and here the question arises that option interest is not paramount!

intraday is often "unplanned" news or bank buying and selling, as well as sudden "talk of the market" and other rumours...

 
Jingo:

and here the question arises that option interest is not paramount!

intraday there is often "unplanned" news or bank buying and selling, as well as sudden "market talk" and other rumours...


Who will show us the orders of the big banks or Jorik and Buffett?)))

At some level the price bounces up and then they say: see, this call bounced))))

If only someone would tell us why we bounced this distance in terms of volume trading:

 
Industrial production in the eurozone fell in December for the first time in three months amid a harsh winter in Germany, which had a negative impact on production. Data from the EU statistical agency, Eurostat, released on Monday showed this.

According to the data presented, industrial production in December fell by 0.1 per cent compared to November but rose by 8.0 per cent compared to December 2009. Industrial production in November, which was revised upwards, rose by 1.4% compared with the previous month and by 7.9% compared with the same period the previous year.

The December figure was slightly below the market consensus forecast. Economists surveyed by Dow Jones Newswires last week had expected industrial production to be unchanged from the previous month and to rise 8.1% from the same period a year earlier.

The official data released last week in Germany showed what to expect. Industrial production in the eurozone's biggest economy fell in December for the second month in a row after unusually harsh winter weather triggered a sharp fall in the construction sector.

Growth in industrial production in France and Italy also slowed to 0.3% from the previous month, compared with growth of 2.3% and 1.3% respectively.

Industrial production also weakened in some of the smaller states at the heart of the eurozone debt crisis. In Ireland industrial production fell by 1.7% on the previous month, in Spain by 0.8%, although in Greece it rose by 0.9%.
 
The euro declined substantially across the market spectrum in trading on Monday. Paired with the dollar, the single currency hit new three-week highs at 1.3452 amid fears that German bank WestLB might go bankrupt. The dollar is also under pressure due to the release of the 2011 budget. The pound is declining despite a good start to the Asian session. In a pair with the dollar it is now below 1.60. The economic calendar is virtually empty today, however investors will be keeping a close eye on the Eurozone finance ministers meeting
 
strangerr:


Sakhobank has a currency options market review column. I haven't looked for a while, but before the New Year, I read that investors buying options put a corridor between 1.6 and 1.26 in the purchase price, believing that the price will move in this channel.....)))) There you go....)))))
 
Overall, there was a flight from risky assets in the currency markets, as falling securities, weak economic data and unconfirmed rumours about the death of the king of Saudi Arabia prepared the ground for this. The latter factor only adds fuel to the fire of uncertainty about the future of the Middle East, which is already torn by contradictions. Moreover, we must consider the fact that the country is the largest oil producer in the region and therefore oil prices could rise again. Furthermore, concerns over sovereign debt have returned to the scene. The yields on Portuguese 10-year government bonds rose to record highs. The inability of officials to come to a consensus on the EFSF (stabilisation fund) makes the market anxious about the Portuguese future.
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