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Old 01-17-2012, 03:13 AM   #1

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FX Thoughts of the Day

Though it would be good idea to share what see all see on the charts...There are too many pairs to watch so we may miss something...

Currently positions I have-->check graph
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Old 01-18-2012, 12:45 AM   #2

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Re: FX Thoughts of the Day

New day, new signals Let's see what we will have today...
If USD/CAD can't move above 1.0150, selling pressure may increase and may test 1.0040..if bulls take the control, 1.0240
short term is pointing north atm hmmm...
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Old 01-18-2012, 05:29 AM   #3

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Re: FX Thoughts of the Day

I was not sure about USD/CAD so did not touch it...yet

only have EUR/USD and GBP/USD positions right now...
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Old 01-18-2012, 07:05 AM   #4

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Re: FX Thoughts of the Day

What is moving the market:
The euro rallied broadly on Wednesday after a ratings agency appeared to soften its stance regarding its outlook on Italy, while a media report that the IMF would boost its funding capabilities also pushed the single currency higher.
(source:reuters)
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Old 01-18-2012, 08:19 AM   #5

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Re: FX Thoughts of the Day

time to close positions, done for today...
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Old 01-18-2012, 08:47 AM   #6

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Re: FX Thoughts of the Day

USD/CHF is sitting on its trend line, a close below 0.94 may push the pair to 0.9315...
I guess the market wants to test 1.20 level, EUR/CHF...I am thinking of longing if that happens...
Any thoughts?
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Old 01-18-2012, 11:00 AM   #7

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Re: FX Thoughts of the Day

seems like eur crosses are supporting...if eurusd can close above 1.2820, i think we may see 1.2950/70
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Old 01-19-2012, 05:26 AM   #8

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Re: FX Thoughts of the Day

What is moving the market:

Spanish bond auction results were broadly positive
French auction results due next
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