Bewayopa's Trading Ideas
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bewayopa
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The USD has been trading mixed.
Higher against CHF and SEK and lower against GBP and CAD and unchanged versus the JPY, NZD, EUR, AUD and NOK.
The GBP depreciated even after the minutes of the last policy meeting of the Bank of England have revealed that the same two members voted for a 25 basis points interest rate, despite the referendum in Scotland.
The CAD has soared after the Governor of the Bank of Canada, have said, he was cautiously optimistic about the future of exports to economic recovery. Stated that the Central Bank does not attempt to manipulate the value of the Canadian currency.
Higher against CHF and SEK and lower against GBP and CAD and unchanged versus the JPY, NZD, EUR, AUD and NOK.
The GBP depreciated even after the minutes of the last policy meeting of the Bank of England have revealed that the same two members voted for a 25 basis points interest rate, despite the referendum in Scotland.
The CAD has soared after the Governor of the Bank of Canada, have said, he was cautiously optimistic about the future of exports to economic recovery. Stated that the Central Bank does not attempt to manipulate the value of the Canadian currency.
bewayopa
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Dollar traded at lower against almost all G10 peers.
The market is looking forward to the referendum in Scotland.
The market positioning is also very much in favor of a "no".
This means that the market reaction to a "no" would be much smaller than the reaction to "yes", that would probably be dramatic.
The market is looking forward to the referendum in Scotland.
The market positioning is also very much in favor of a "no".
This means that the market reaction to a "no" would be much smaller than the reaction to "yes", that would probably be dramatic.
bewayopa
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EUR / USD moved higher on Thursday after finding support again near the barrier of 1.2680 (S1).
The rate remains within the range between the barrier and the psychological resistance of 1.3000 (R1).
At the short term trend is neutral but the overall picture remains negative.
The pricing structure remains in lower maximum and minimum moving averages below the 50 and 200 days.
Is expected a decisive fall below the 1.2860 line (S1) in the near future to make way for the main support zone of 1.2760 (S2).
The rate remains within the range between the barrier and the psychological resistance of 1.3000 (R1).
At the short term trend is neutral but the overall picture remains negative.
The pricing structure remains in lower maximum and minimum moving averages below the 50 and 200 days.
Is expected a decisive fall below the 1.2860 line (S1) in the near future to make way for the main support zone of 1.2760 (S2).
bewayopa
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EUR / USD moved lower on Friday, but after finding support at 1.2825 recovered slightly.
In 1 hour and daily chart, one can see a positive divergence between our studies of momentum schedules, and price movement.
This may indicate a recovery.
The 14-day RSI left the oversold zone while the MACD crossed above its signal line.
However, the price structure remains at maximum and minimum below the lower moving averages (50 and 200 days).
The overall outlook remains negative.
In 1 hour and daily chart, one can see a positive divergence between our studies of momentum schedules, and price movement.
This may indicate a recovery.
The 14-day RSI left the oversold zone while the MACD crossed above its signal line.
However, the price structure remains at maximum and minimum below the lower moving averages (50 and 200 days).
The overall outlook remains negative.
bewayopa
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During the European session today, the dollar negotiates low against almost all G10 peers. Was higher against the GBP, stable only for the AUD.
The EUR / USD rose while the value of PMI is presented below the previous level (52.3 to 52.5), remained, however, above the neutral level of 50.0 for the 15th consecutive month.
The EUR / USD rose while the value of PMI is presented below the previous level (52.3 to 52.5), remained, however, above the neutral level of 50.0 for the 15th consecutive month.
bewayopa
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EUR / USD started to rise yesterday but had no strength to overcome the resistance of 1.2900 and fell closing the day nearly unchanged.
The yields of the USA and expectations of interest rates subsided yesterday and the dollar was mixed in trading usually without trend.
The yields of the USA and expectations of interest rates subsided yesterday and the dollar was mixed in trading usually without trend.
bewayopa
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The dollar is now trading higher against all its major peers.
The EURUSD approached the low levels of November 2012, as ECB President Mario Draghi, speaking at a conference organized by the central bank of Lithuania within 100 days of entry into the euro this country.
The EURUSD approached the low levels of November 2012, as ECB President Mario Draghi, speaking at a conference organized by the central bank of Lithuania within 100 days of entry into the euro this country.
bewayopa
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The dollar continues to climb free.
The DXY index rises 11 consecutive weeks, the first time there since 1971, the year in which the exchange rates fluctuated.
The DXY index rose 1.35% last week, the third highest rise in a series of 11 weeks, which shows no signs of slowing down any.
The USD rose against all currencies.
The DXY index rises 11 consecutive weeks, the first time there since 1971, the year in which the exchange rates fluctuated.
The DXY index rose 1.35% last week, the third highest rise in a series of 11 weeks, which shows no signs of slowing down any.
The USD rose against all currencies.
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