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  • Squawk / 08 November 2015 at 7:24 GMT
    Senior Analyst /
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (November 9 - 13, 2015)

    Dominant bias: Bearish
    This pair dropped 300 pips last week, testing the support line at 1.0700. The largest southwards movement last week occurred on Friday – a result of positive fundamental figures coming out of the US. The outlook on the pair remains bearish, which would be valid as long as USD is strong. The Euro could rally against certain other currencies this month, but it is not likely that it would rally seriously against the US dollar.

    Dominant bias: Bullish
    The movement on this intriguing pair has been nicely predictable. Price moved further north by 200 pips as the US dollar reached parity with the Swiss Franc (as it was forecasted last week). There is a clean Bullish Confirmation Pattern in the market, owing to the stamina in USD.

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  • Squawk / 15 December 2014 at 9:30 GMT
    European equities - biggest movers:

    European equities are up this morning spearheaded by London based oil and gas explorer Afren, which has seen its shares climb more than 8% in early trading. Technip is also up more than 8% on news the company has dropped its bid for CGG.
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    Mads Koefoed Mads Koefoed
    Technip also features on our '20 most active stocks in STOXX 600' list. Spanish insurance company Mapfre heads the 'most active' list
  • Squawk / 20 November 2014 at 13:21 GMT
    Senior Equity Trader / Saxo Bank
    Technip offered earlier to pay $1,8B for CGG, but that offer was quickly rejected by CGG Board. Technip is trading on day low €56,15 or down more than 7,5%. CGG is trading just below day high (€8,30) up more than 23,5%.
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