Gold is edging toward session highs as USD weakness becomes prevalent across the board
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Gold is edging toward session highs as USD weakness becomes prevalent across the board
EU soft data brings 200 WMA into view
US housing data soft & USD offered, EUR/USD breaks TL
Filling 1.3360/70 offers, more at 1.3390/00 just ahead of 200 week MA
Long lower wick on weekly candle is bullish as is rising RSI
USD yield advantage almost gone, further losses bullish for EUR
Stops sit above 1.3430, if run close > 200 WMA likely, opens 1.3700 test
Model funds noted selling USD across the board
EUR/USD edged through minor offers at 1.3370 and is now eying the 200-week moving average at 1.3394. Large offers stretch from there up through the June high at 1.3417.
نفهم من كده ان حضرتك تتوقع الهبوطاقتباس:
المشاركة الأصلية كتبت بواسطة Abo Abdullah
Spain-German spread narrows below 250 bps
The 10-year yield spread between Spanish and German debt narrowed to less than 2.5%. Italian spreads are also at a cycle low at 2.33%.
Those are the kinds of headlines you would expect to read just before EUR/USD rises to a six-month high.
اذا وصل اليوم لمستوى 3425 سيكون مناسب للبيعاقتباس:
المشاركة الأصلية كتبت بواسطة mido kenz
مشكور ياكبير علي ردك وتقديرك
عفوا يالغالي وانا بالخدمهاقتباس:
المشاركة الأصلية كتبت بواسطة mido kenz
USD fighting against earlier weakness and showing broad some strength
جزاك الف خير
نورت الموضوع يالغالي و وفقك الله ورزقكاقتباس:
المشاركة الأصلية كتبت بواسطة كتكوت
Germany's Exposure To Debt Crisis Above Govt Estimates
Data provided by Finance Minister Wolfgang Schaeuble on Germany's liabilities in the European debt crisis underplay the country's risks, the Frankfurter Allgemeine Zeitung newspaper reported Friday, citing government sources.
In a report to a parliamentary finance committee last week, Schaeuble included only the risks from German contributions to the European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM).
He did not include German's 20% contribution to the E60 billion European Financial Stability Mechanism (EFSM), or bilateral credits to Greece via the KfW Development Bank that amount to E15.2 billion, FAZ reported.
Taken together, the extra contributions bring Germany's total liability to E122 billion, according to FAZ. The Finance Ministry, it its latest online report, put the country's total exposure to the Eurocrisis at E95.3 billion.
Sell stops in EUR/USD under 1.3220 very vulnerable right now
USD/JPY – Stops into 97.80 also under pressure