[Archive!] FOREX - Trends, Forecasts & Consequences (Episode 12: February 2012) - page 413

 
MobileMan:


What do you have to do with it? I'm not trying to force you to go in with the 2nd deposit... Go to 5% of the deposit and put a stop at 1.3040 and that's it...

P.S. Filled up to a triple just now ))) But I advise not to repeat after me... If I guessed the direction - I'll show a screenshot of the profit, but if I didn't guess, there's nothing to show ))))


why not? it will also be something to show. as they say in the footsteps of the musicians of Bremen
 
Tantrik:
There would be some news on Greece to read, but these levels are if not up then down.
Hmmm... do you want forecasts to be given one way and they will always come true?
 
tingol:
Hmmm... and you want predictions to be given one way and they always come true?
Yeah. What's wrong with that?
 
Greece, government spokesman: hopes agreement with Eurogroup on second bailout package will be reached on Monday

Development Minister Michalis Chrysochoidis said this, explaining his assumption by saying that eurozone finance ministers have no reason to say no because Greece is sticking to its commitments.

He commented that in the interest of stability the national elections could have been postponed to 2013 and L. Papademos could have remained as prime minister, but argued that the chances of this happening were extremely slim due to the intransigent nature of the opposition.

Keyword: ECONOMY
16-Feb-2012 13:21:16 (UTC+2)
 
21april:
Greece, government spokesman: hopes agreement with Eurogroup on second bailout package will be reached on Monday

Development Minister Michalis Chrysochoidis said this, explaining his assumption by saying that eurozone finance ministers have no reason to say no as Greece is sticking to its commitments.

He commented that in the interest of stability the national elections could have been postponed to 2013 and L. Papademos could have remained as prime minister, but argued that the chances of this happening were extremely slim due to the intransigent nature of the opposition.

Keyword: ECONOMY
16-Feb-2012 13:21:16 (UTC+2)

So the opposition wants money too))))
 

The single currency has fallen to a 3-month low against the US dollar.

German Chancellor Angela Merkel will meet with Italian Prime Minister Mario Monti tomorrow. After the meeting the two leaders will hold a joint press conference.

On Monday, February 20, the finance ministers will discuss the second financial aid programme for Greece. The meeting was originally scheduled for yesterday but has been postponed. The Prime Minister of Luxembourg Jean-Claude Juncker assured the markets that on 20 February "all the necessary decisions" on the Greek issue would be taken.

Market participants are worried about the delay in solving the financial problems of Greece, fearing a new surge in the cost of financing of troubled countries in the region. Reuters news agency reported, citing unnamed sources in the EU, that eurozone leaders are considering holding some or all of the loans until the Greek elections in April, while taking steps to avoid a disorderly default of the debt-laden economy. Investor sentiment towards risk was also negatively affected by Moody's announcement that the ratings of some banks, including UBS, Credit Suisse and Deutsche Bank are being downgraded.

In such circumstances, attention should be paid to today's debt auctions in Spain and France. France will offer €8.5bn worth of 2-, 3- and 5-year bonds, while Spain plans to offer securities maturing in January and July 2015 and in October 2019 for €4bn.

Nomura analysts believe that EUR/USD will beat the $1.2500 mark by the end of the month. In their view, the market has lost confidence and investors have no incentive to invest in the euro.

The pair went today below the 38.2% Fibonacci retracement at $1.3056 and the 55-day moving average at $1.3050. Support for the Euro is located at $1.2970 (50% recovery from the same rise, the Kijun-sen line on the daily Ishimoku chart as well as the bottom of the daily Cloud).

 
strangerr:

You thought they were chaining themselves to galleys already? ))))

yeah ))) )yessh)))) just like that ))) in general everywhere they sell 55 or 51% of the state, everything they can sell will be sold
 
margaret:

The single currency has fallen to a 3-month low against the US dollar.

German Chancellor Angela Merkel will meet with Italian Prime Minister Mario Monti tomorrow. After the meeting the two leaders will hold a joint press conference.

On Monday, February 20, the finance ministers will discuss the second financial aid programme for Greece. The meeting was originally scheduled for yesterday but has been postponed. The Prime Minister of Luxembourg Jean-Claude Juncker assured the markets that on 20 February "all the necessary decisions" on the Greek issue would be taken.

Market participants are worried about the delay in solving the financial problems of Greece, fearing a new surge in the cost of financing of troubled countries in the region. Reuters news agency reported, citing unnamed sources in the EU, that eurozone leaders are considering holding some or all of the loans until the Greek elections in April, while taking steps to avoid a disorderly default of the debt-laden economy. Investor sentiment towards risk was also negatively affected by Moody's announcement that the ratings of some banks, including UBS, Credit Suisse and Deutsche Bank are being downgraded.

In such circumstances, attention should be paid to today's debt auctions in Spain and France. France will offer €8.5bn worth of 2-, 3- and 5-year bonds, while Spain plans to offer securities maturing in January and July 2015, as well as in October 2019 for €4bn.

Nomura analysts believe that EUR/USD will beat the $1.2500 mark by the end of the month. In their view, the market has lost confidence and investors have no incentive to invest in the euro.

The pair went today below the 38.2% Fibonacci retracement at $1.3056 and the 55-day moving average at $1.3050. Support for the Euro is located at $1.2970 (50% recovery from the same rise, the Kijun-sen line on the daily Ishimoku chart as well as the bottom of the daily Cloud).


Going to my prediction ) and even my timing is indicated )
 

European stock indexes are falling amid pessimism created by the news from Greece. There is still the unresolved issue of getting the next €130bn bailout.

Eurogroup President Jean-Claude Juncker said today that considerable progress has been made in the negotiations for a second tranche of credit for Greece, but that a final decision will not be taken until 20 February 2012. The statement was made after the Eurogroup's telephone conference, where the issue of Greece and its bailout was discussed. Talking about the progress made, Juncker said that the Eurogroup succeeded to obtain the approval of the Greek coalition government and to convince them of their willingness to carry out the necessary reforms.

 

While many experts expect the single currency to continue falling against the US dollar, HSBC analysts believe that EUR/USD will rise to $1.3700 by the end of Q2.

Experts stress that markets have not yet come to any final verdict on Greece. There is some disappointment that more action has not been taken to bail out the country. Nevertheless, some progress has been made: European politicians have shown their intentions to resolve the crisis. In such circumstances it is necessary to buy the euro, the bank believes. In the short term, the currency could rise, as some of the doubts weighing on the market should dissipate.