Monthly Archives: December 2014

EUR/USD, down trendlines all over the place!

EUR/USD is under pressure and aproached at previous yearly low from December 08. This is not only previous support from that date, it’s previous support from July 2012., there is up trendline from 2010., there is Monthly MA200 as well. Whether the euro bulls defend this support and turn the situation now? It’s time, now or never! Technical analysis and

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EUR/AUD, 1100 pips in 3 steps!

I was pointed at this potential developmlent in my EUR/AUD analysis from November 26., two days after triple bottom at ‘step 2’. This is why I love technical analysis, everything was clear if you have enough patience. EUR/AUD reached 1.5300 or 1100 pips in a month. USD/AUD fall help this pair to reach this level, because euro alone wasn’t strong enough, but

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SNB defended the 1.20 by cuting rates!

I wrote before two days, that SNB’s peg is in danger and that SNB must be on alert! Whell, SNB defended the peg today by cuting rates at negative (-0,25%). The pair is literally jumped 90 pips in 10 minutes, but I didn’t want to write anything before it’s settles down. Celebration didn’t last long and the pair is pulled

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What to expect from FOMC? I have no idea!?

At 19:00 h (GMT) FOMC is coming up with last meeting of the year.  Whether they now finally say magical sentence, we will raise interest rates in …….. 2015. I don’t think so, not today!? Most of the analysts are expecting that they will change good old “considerable time” language in something deferent and gave the market onother ‘word bomb’ without specifying the date!?

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