Juncker: Europe made concrete decisions this week

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  • Decisions on Greece, bank supervision have allayed doubts

Now they are congratulating themselves for making decisions. They may not be good decisions, but they are decisions.



EU economy

Jamie Coleman


  1. well we have a decision let’s celebrate with a 1 percent rally in Eurodollar before
    we have a 10 to 15 per cent decline.If we don’t get a decline they will need to raise another 2 to 4 trillion to bailout southern Euro

  2. No the mutual admiration society has expounded on their magnificent accomplishments the 15min & 1Hr EUR/USD are showing a lovely potential triple top. My proprietary MBI (market balance index) has it going I/T overbought above 13105 today.

    May be setting up for a downside probe in the next 24 hours.

  3. Yes, a lower EURO would seem to benefit the southern tier. As for the present price action, makes me wonder if that reported option at 130800 had more interest than we thought. As for the EURO, seems to have been stable in 2012 within about a 15 cent range. That would make the ECB’s stated goal of price stability successful. At least Gerry agreed with that idea. As for all the other Yada Yada, the success is still open to question.

  4. @quant

    For me it’s even more than tripple top.
    It’s strong resistance. Can’t find any trigger to pushing it higher.
    Sell on tops. Hope your scenario will happen. I think that this week we will reach top on EURUSD. Do not how high, but this week.

  5. They don’t need any trigger. They are trying to impress people to go short.

    Short VS long ratio it went from 6% short to 12% and it’s going up (my opinion). Many people are shorting and financing break. it’s possible this level will not break today but from my expirience they always do. And around new year (most of the time just after) new direction of trend takes place. And please don’t belive me… chk it for your self. You just weekly or monthly chart.


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