Top
New York  London  GMT  Tokyo  Sydney 

ForexLive European market open

By   || May 24, 2010 at 05:31 GMT
|| 14 comments || Add comment

Uncle Gerry has the day off and I’ll hang around until cover arrives. My view of the world is that the short term moves in certain pairs are overdone and that we are likely to see some further short-covering, particularly in pairs like EUR/USD and AUD/JPY. The strong moves higher on the Shanghai stock market has strengthened my view but as always I’m wary of left-field events or remarks which could see risk aversion return with a vengeance.

The ranges I’m hoping to play (with a bullish bias) are; EUR/USD 1.2440/1.2670, EUR/JPY 112.10/115.50 and AUD/USD .8180/.8480.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

14 Responses to “ForexLive European market open”

  1. zekelogan on May 24th, 2010 05:50 GMT

    I have some ‘midnight oil’ futures I need to sell Sean. Thx as always.

  2. Sean Lee on May 24th, 2010 05:56 GMT

    No rest for the wicked Zac

  3. puks on May 24th, 2010 05:58 GMT

    Hi Sean,

    Gerry has a day off, again???? We will miss his humour.

  4. Sean Lee on May 24th, 2010 05:59 GMT

    Dead right Puks, his taking all these days off is not at all funny!!

  5. puks on May 24th, 2010 06:01 GMT

    His replies to UK and EU leaders’ comments are quite funny.

    UK must be getting a lot of sunshine for Gerry to enjoy. He wouldn’t wanna miss out on these rare days :-)

  6. zekelogan on May 24th, 2010 06:03 GMT

    Wicked ;) Puks, I think Gerry’s humour may very well be contingent upon his days off!

  7. puks on May 24th, 2010 06:05 GMT

    :-)

  8. zekelogan on May 24th, 2010 06:06 GMT

    Sean, you know my steez… Any two good reasons not to just sell .83 and get in….? :D

  9. zekelogan on May 24th, 2010 06:14 GMT

    Besides discipline & patience….. (I think that answers my own question.)

  10. Sean Lee on May 24th, 2010 06:33 GMT

    Keep talking to yourself Zac, but start getting worried if you answer back!!! steez?? whats that?

  11. zekelogan on May 24th, 2010 06:34 GMT

    Style ;) Too much hip hop over heeeeee ;)

  12. zekelogan on May 24th, 2010 06:44 GMT

    ….as he rhymes. go figure…

  13. Sean Lee on May 24th, 2010 06:45 GMT

    I guess my kids would get it..

  14. zekelogan on May 24th, 2010 06:51 GMT
Bottom