European equity and bond market closing prices

July 17, 2014 European equities FTSE -0.7% Cac -1.2% Dax -1.1% Ibex -1.2% FTSE Mib -2.2% European bonds Italy 2.79% -3bp Spain 2.63% -3bp Portugal 3.69% -3bp Germany 1.15% -4bp

GBPAUD multiple buy signals

July 17, 2014 On GBPAUD we are seeing multiple buy signals today. There is a good trendline on the daily which has been the bottom today at around 1.8204 area, see the chart. Also the Parkers strategy and the Ranger strategy are giving buy signals as well.  GBP has been very strong in recent weeks across the board… View Article

Eurozone CPI inline

July 17, 2014 Eurozone CPI came out 0.1% MoM in June, inline with the expectation. This corresponds to a 0.5% increase YoY. Core CPI rose 0.8% YoY. No impact on EURUSD

EURUSD and USDCAD

July 17, 2014 CPI and Core CPI in for the EUR in about five minutes. Since it hasn’t closed bellow 1.35 yesterday we have taken some positions off and are waiting for it to either break lower bellow 1.35 or retrace to the previous level of 1.3578 and sell more there if it holds. As for USDCAD obviously we… View Article

EURUSD short term buy area?

July 16, 2014 Eurusd is approaching yealy lows at around the 1.3500 area. It is oversold on the M30, H1 and H4 charts and is ranging according to the MACD setup. Maybe this is a good area to buy with a stop at 1.3490, as a short term trade looking for a move up to the 1.3580 area…. View Article