Ladies and Gentlemen,
The Dinosaurs are back:
The Super Dragausaurus has appeared in Italy , just a few weeks after the most ethical dinosaur , the famous Yellenosaurus , made it's appearance back i the financial markets.
A third one, the bald Amazonosaurus Interneticus of the Americas has decided to go for a healthy walk from Ceo to Executive Chair...
Being trend trader we gauge both the strength and direction of a trend using different unorthodox methods. Remember What a veteran like Warren Buffet has advised.
"Think what others are not thinking".
100 DMA, Oh yes!!! very powerful tool to analyse a pair's direction. But...
ECB president, Mario Draghi unveiled a package of measures to ease monetary policy: the rate was reduced, and new asset purchases were announced. The euro initially reacted “classically” - with a decline, but then on Thursday evening and Friday was growing steadily. A similar thing was observed last week with the Turkish lira, which sharply strengthened after the...
Yesterday turned out to be busy and volatile.
The ECB has eased monetary policy in the Eurozone. ECB cut the deposit rate by 0.1% to -0.50%, announced new purchases of assets (the ECB will buy government bonds at 20 billion euros per month, starting November 1). There was a signal - weak economic data: industrial production in the Eurozone in July fell by 0.4%...
Moin from Hamburg
The Dax on H4 has left the downward trend channel through the positive price gap to the trading start at 8 o'clock German time. We were able to successfully trade this market opening trade for the 615th time with the TC24.SwissBox.
All bulls will now keep their fingers crossed that the gap will not be closed during the day and that the old...
Good afternoon,
Yes, the Eur did make nice up move after the Fed's minutes yesterday, only to test the 38% on the fibo retracement @1.1316. How could we forget what Mario Draghi spoke about the weakness of the EuroZone and still have this major move?
I believe this is what we call 'White noise"! I shall try to keep my sights on the major news and forget all...
Monetary policy decisions. The announcement of the ECB’s decision on the parameters of monetary policy in the euro area was the main event. As expected, no changes followed. The most important thing, as usual, was concentrated in the comments of the Head of the ECB, Mario Draghi. The economic growth forecasts worsened again (the GDP growth rate for 2020 was...
ECB President Mario Draghi and other EU authorities are telling Italian banks to sell their bad debts,
since it’s choking their balance sheets to give new loans to new business, and support economic growth.
The central bank insists it can solve the problem on its own.
But let’s put a bit of meat on the issue: A problem of 379 Billion Dollar is not going to...
Today Trader should be careful at the time of FED chair yellen and Ecb president Mario Draghi speech. There may be a chance of big bullish or bearish waves in forex market let me discuss about Eur-usd which is long term bullish but yellen words may change its direction. There is a good opportunity to buy Eur-usd around 1.1750 area with stop loss at 1.1650 and take...
My analysis is that euro will weak against jpy . It seems that EJ is making a new head & shoulder pattern.Kindly wait for confirmation candle before entry on the price and If the price goes up it will go until area 129.311 -129.561 and start sell again.
The price stuck twice on the EMA 50 which will make it even significant to go down.
My target the price will go...
He giveth and taketh away. Uncle MARIO laid another turd this morning sending the EURO straight down. The euro zone is in deep trouble and there is no reason to believe it will get better anytime soon. We are shorting pops.
For today will focus on European Central Bank (ECB) Governor Mario Draghi's speech this afternoon.
Draghi's last attempt to talk up the prospect of further easing at the ECB’s March meeting had the unusual effect of sending the euro higher.
Nothing happens until the ECB interest rate announcement on Thursday (21st). We are on the sidelines but will be watching the break areas for direction. BE PATIENT and if you decide to trade tomorrow...USE TRIGGERS!
The iShares Silver Trust (SLV) has been beaten bad, falling over 13 percent prior to Friday’s rally. On a combination of low inflation and low growth, silver has fallen long out of favor with Wall Street (but remains a small investor’s favorite).
But, there are a couple factors that could signal, at least in the short-term, SLV may see some upside.
First, price...
