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07/03 Doenside Pressure
30In our latest comment last week, we have emphasized the importance of 1.3540 resistance level and the downside move started before reaching that level till 1.3100′s yesterday. Downside pressure still
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EUR/USD 29/02 After LTRO
30It seems like the market has not reacted too much to LTRO which has determined EUR 529.50 financing. We are still around 1.3460′s. It seems like the market has the
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Confusing Markets
30Conflicting with my recent comments last week, an upside move started and early in the morning today, we have seen 1.3292. The upside move is likely to continue till 1.3320.
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16/02 Still Downside
30After our last comment on monday, downside move started from 1.3284 till today’s lowest 1.2993. Below 1.3080, targets are 1.2970, 1.2917, and 1.2870 respectively as intraday levels. For things to
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13/02 Greece Rescues Europe!
30After the voting late at night, Greece saved Europe once more from bankruptcy! It is such a big economy with very rich resources that everytime a minor thing happens to
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EURUSD Heading to 1.3350′s
30After Bernanke’s testimony and the rumors about positive outcome from Greece negotiations, the pair broke 1.3220, heading to 1.3285′s. 1.3240-1.3350 is my sell zone for medium term. The upside move
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EURUSD Market Opening in US
30EURUSD started with a downside move to the week. There are signs of recovery against the downside move in 1.3020′s, but it still doesn’t seem to be strong. 1.2970 and
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31/01 Month Ending
30As we have mentioned last week, 1.3220 is a very critical level for EUR/USD. It seems like the momentum have changed from sellers to buyers for today and even we
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EUR/USD As Expected
30At the beginning of the week, we were expecting the upside move to continue till 1.3150-1.3220 range above 1.3080. After FOMC Meeting, it happened just like we have expected. Now,
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25/01 Important Calendar
30Today, ECB’s and FOMC’s press meetings will be very important. I expect very high volatility as we are already in critical levels. 1.3085, 1.3150 and 1.3220 are crucial resistance levels.
