Nikkei opens +1%, Kospi flat

5 Responses to “Nikkei opens +1%, Kospi flat”

1. Solange on March 12th, 2010 00:18 GMT
   

   Good morning, Sean. At the present moment, a little fight about “R1″ on the USD/EUR chart has broken out and I’m not seeing as much selling as I thought would occur at this level. Correct me if I am wrong, but should this level be pierced (to the upside), some time this morning, then there is really NO MAJOR RESISTANCE until “R2″ at 1.3722. Right?
2. Solange on March 12th, 2010 00:24 GMT
   

   Sean, I stand corrected: the blood is starting to flow on the USD/EUR chart at R1!
3. Sean Lee on March 12th, 2010 00:27 GMT
   

   Morning Solange. I’d suggest prior hourly hi at 13705 and then 13736 daily high as s/t levels to watch. Major resistance I don’t see until 1.3840/70, chart high Feb 9 and 38.2% respectively.
4. pipsquanderer on March 12th, 2010 01:11 GMT
   

   I take by your response sean you are not a big fan of pivot points. I am assuming solange is referring to pivot points by the r1 term.
5. Tajul Akbar Bin Ismail on March 12th, 2010 03:14 GMT
   

   Patchwork Pension Plan Adds to Greek Debt Woes … http://www.nytimes.com/2010/03/12/business/global/12pension.html