ThirtysixD

ThirtysixD

Is this how everyone is arriving at their call for EURUSD parity?

ThirtysixD

Its scary how history often repeats itself! Fundamentals between now and then are very similar. Will we see one final capitulation euro sell off like back in 2000? or has it already happened?

ThirtysixD

Silver found some support yesterday which presents a buying opportunity imo Risk/Reward is very well defined Previous support at 15.50. First target 16.70 Second Target 17.20

ThirtysixD

200 SMA happens to coincide with a significant previous resistance level of 1223.1 Given current positioning in equity markets we could see a significant upside move in a risk off environment. I favour upside breaks given DXY weakness. Holding a JUN 15 straddle @ 112

ThirtysixD

Recent short closed at previous resistance. A triple bottom and weak US data provided strong encouragement for the Aussie bulls. But I still find it hard to get exited when you see such a clear rejection of 80c. Fundamentally there is not much value left in the ASX and our economy is still heading downhill. Thus still taking opportunities to buy USD. Hopefully...

ThirtysixD

Divergence is creeping in as EURGBP heads toward resistance. I like the 74 area for potential shorts

ThirtysixD

Decline in volatility is a good sign of possible exhaustion Mean reversion targets line-up with previous support and resistance 1.5-2:1 Risk reward warning (Bank holiday will affect liquidity)

ThirtysixD

Bearish view maintained but there could be a short term bottom in play Speculating that we might also see further rate cuts as Australian economy struggles

ThirtysixD

Short term bounce is likely as we test trend support Higher probability of a turnaround occuring around .72