Durable goods vs S&P
An interesting correlation, but hey there is plenty of them. Maybe this is just another picture and maybe not. Time and price will tell 😉 source: ritholtz.com
EURUSD – market structure
QE3 is here as everybody expected. What it means for the upcoming week? Well I would expect EURUSD to range for a few days and slowly return to the magical 1.30 level. The trend is clearly parabolic and I am expecting that this week traders are he…
I can smell QE III or is it just Ben’s smelly feet?
Everybody is expecting Ben to announce QE3. I will gladly join the party half an hour later after the announcement. As this graph shows in four out of five instances of FEDS meeting, the dollar went down. What is it going to be this time? I would …
Citadel trailer :)
[youtube http://www.youtube.com/watch?v=am92JUNqczs?wmode=transparent]
“This is it!, this is it!”
[youtube http://www.youtube.com/watch?v=xOO1NY6ctYU?wmode=transparent]
Such a chillllllin song!
[youtube http://www.youtube.com/watch?v=GMezwtB1oCU?wmode=transparent]
Week ahead – USDCHF, EURJPY
Today I have two pairs I would like to highlight:USDCHF – 9550’s is a key zone {hold below and there will be opportunity for short / hold above and there will be opportunity to target 9650’s SELL ZONE} EURJPY -97.90’s is a key zone {right now the …
Forex bank research
Since Danske Bank doesn’t do its “Weekly focus” paper anymore, it was time to look elsewhere for market commentary. Here are the links for bank FX research:KBC dealing room BNP Paribas daily analysisCITI Bank Fx weekly insight Enjoy 😉
EURUSD thoughts
Looking at the current trend I am expecting a DROP towards 24 – 2350’s where bulls will be looking to get LONG once again and attack 2600’s. Sitting and waiting … for now.