The Asian financial markets opening prices for the Euro's decline reflected the Greece election victory of the leftist Syriza better known to be anti-austerity group. The Euro started off with a lower opening price @1.1145 with a low apparently reaching @1.1095 where short-covering price action are now seen. With a seesion price recovery at the early European session working @1.1250. A normal price swing seen as the initial objective has now been achieved.
This has been a similar price action with the EURGBP cross with an opening price @0.7425 While Cable held steady at the same price level in Asian session. This is to no surprise that price reactions after the lows would we find a reasonable corrective move especially coming from over extended levels on both the European majors.
Monday, January 26, 2015
Sunday, January 25, 2015
Friday, January 23, 2015
CCY Corner - EURGBP XRate & DXY
Prices in the foreign currency market have been driven by these fundamentals more than a real free-flowing market. As we have mentioned that these are exceptional times with the US Dollar taking the lead currency pair in value among all of its global counter currency pairs.
With that said, the choice of the EURGBP Xrate for the start of the year have seen a gradual decline because of the market's critical price levels and tensions created from the ECB QE program. And much to these Central bank moves; China's market talk of a similar move from the SNB would eventually curve a niche to stay competitive in value and keeping in check with global trade against declining foreign currency value. Somehow CCY value would have to find an equilibrium levels until such time when the USD would have to adjust from its current strong value.
CCY Corner - EURGBP XRate
Thursday, January 22, 2015
NOT JUST FOREX: Stock Portfolio
Not Just Forex: Stock Portfolio #SBUX #AAPL #BABA #YUM #CMG CHIPOTLE #FB #ETF #DDM #DIA #HP #GOOG
WEALTH & ASSET MANAGEMENT with LIQUIDITY in an Investment Portfolio
Published on Thursday, 22 January 2015 12:42
Performing Stock picks that would probably have more value added moving forward.
Stock Portfolio
WAY TO GO #SBUX @87.47 with a high registered @88.46!
WEALTH & ASSET MANAGEMENT with LIQUIDITY in an Investment Portfolio
Published on Thursday, 22 January 2015 12:42
Performing Stock picks that would probably have more value added moving forward.
Stock Portfolio
Tuesday, January 20, 2015
Post SNB - Leveling the Forex Playing Field
The start of the Asian & European trading sessions were a little more subtle from last week’s surprise move by the SNB which resulted to a wild ripple effect on the currency markets not only for banks, but with a list of Foreign exchange brokers and hedge funds being affected with liquidity in the market. Everyone was caught flat footed with the news especially for retail clients and traders holding short-CHF related positions with the USD contrary to other investors in the EURCHF cross currency rate.
Some analysts have mentioned, with the expectation of that a large ECB Bond Buying programs’ QE move would continue a EURO decline. And with the SNB cost to maintain its EURCHF cap would no longer be sustainable to carry. Thus, more likely have driven the decision to abandon its currency cap before the Jan 22 date. The timing of such would have been criticized because of the repercussions & abrupt effects brought about in the global financial markets, banks and investors.
Labels:
ART of CIPHER3™ ANALYSIS,
EUROCHF,
SNB,
Swiss Franc,
SWISS NATIONAL BANK,
USDCHF
Tuesday, January 13, 2015
Comparative Analysis: #DOW #SP500 #GOLD #DXY #EURGBP #FXCROSSRATE
Comparative Analysis On #DOW #SP500 #GOLD #DXY #EURGBP #FXCROSSRATE
Check it out!
Dow Jones Industrial Average
Volatile as it can be!
As of January 12, 2015
ONLY THE BEST FOR YOUR TRADES 2015!
GREAT START FOR THE YEAR!
Labels:
ART of CIPHER3™ ANALYSIS,
Dow Jones,
EURGBP CROSS RATES,
gold,
S&P500,
USD dollar
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