Bewayopa's Trading Ideas

[bewayopa]

The dollar traded higher against EUR but almost unchanged against GBP.
The euro fell against the dollar after mainly because manufacturing growth in the Euro-area slowed further more in September.

 

[bewayopa]

Mario Draghi will announce during the day reinforcing stimulus measures, keeping the interest rate unchanged at 0.05% reference.
With these measures, the USD may continue to weaken against other currency, especially USD, taking into account the recovery of the American economy.

 

[bewayopa]

Today is celebrated in Germany the German Unity Day.
The DAX 30 (index of shares in Germany) will be closed.
Due to the NFP data may be unexpected fluctuations in EURUSD.

 

[bewayopa]

The dollar rose to a high of four years against other major currencies in September.
The dollar index is on track to reach one of its biggest monthly gain since February 2013 amid expectations that the Federal Reserve is close to increasing interest rates way.

 

[bewayopa]

In mid-September, the Fed said it will soon start increasing interest rates short term. Does the time is coming?
Today the dollar started the day lower against almost all G10 peers. Only been stable against the EUR.

 

[bewayopa]

Dollar has been lower this week with the market discounting what appears to be a weaker global growth.

 

[bewayopa]

The USD continues to fall today in some cases significantly.
Against the AUD more than 1% and 1.8% against the NZD.
The dollar was stable until the release of the FOMC minutes ... then. the party started!

 

[bewayopa]

The dollar has been on high against all its major peers, following the rise from yesterday on US markets.

 

[bewayopa]

EUR / USD rebounded from near the line de1.2600 (S1) during the Asian session, revealing a higher minimum.
The only notable trend within the G10 was the strengthening of the yen.
This is due to the decline of stock markets worldwide.
The stock markets of Europe, USA and Japan ended the week leaving worrying signs about their climbs.

 

[bewayopa]

EUR/USD moved higher on Monday, to the 1.2760//90.
Many traders were expecting that and the daily momentum studies point towards further upside.
• Support: 1.2600 (S1) - 1.2500 (S2) - 1.2465 (S3)
• Resistance: 1.2790 (R1) - 1.2900 (R2) - 1.3000 (R3)