Juncker: Europe made concrete decisions this week

View Comments

  • 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.

2012-12-13T15:21:51+0000

All|Americas|Politics|Regions

EU economy

Jamie Coleman

5 Comments

  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.

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.