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12 Followers
Write a Squawk to Rcernava
  • Squawk / 31 January 2013 at 6:24 GMT
    FX Trader / Saxo Bank
    Singapore
    *DEUTSCHE BANK 4Q NET LOSS EU2.17B; ANALYST EST. EU311M LOSS

    Sees eurusd of from 1.3580 to 1.3560 and no doubt someone taken outside and shot in Frankfurt.

    AUDUSD fails at 1.0405 after Aust. Bank bought critical support now is 1.0380/85
    Read the Squawk
    6y
    Rcernava Rcernava
    Ouch.
  • Squawk / 31 January 2013 at 3:06 GMT
    FX Trader / Saxo Bank
    Singapore
    *DJ Australia Vulnerable to Slowdown Risk -S&P

    Aud of 8 points to 1.0417. Hardly an earthshattering piece of analysis I think. Stating the obvious.
    A more accurate statement might be

    *DJ (...........please insert region or country required) Vulnerable to Slowdown Risk -S&P

    Anyway the sheep have jumped blindly on to it. Hearing offers around above 1.0430 at the moment.
    Read the Squawk
    6y
    Sniper Sniper
    burning hard, will recover soon
    6y
    Jeff_ Jeff_
    burning hard rather then on fire guys. I was given aud on the way down! Hedge funds piling...
    6y
    TenCent TenCent
    EUR AUD at 100 Fibo Extension - you should consider a pullback before it can go further up
  • Article / 25 January 2013 at 13:01 GMT

    Zoom out on EURAUD

    Head of FX Strategy / Saxo Bank
    Denmark
    The move in EURAUD looks quite impressive, but the question is whether we've just barely gotten started on a bigger move in this pair.
    Read the article
    6y
    siblemike siblemike
    Well, if it passes 1.3066 then maybe something stirring ?
    6y
    Rcernava Rcernava
    John, I think we could see a kind of duo in that aud/usd falls and eur/aud rises. Kind of like USD/JPY going up and EUR/YEN.
  • Squawk / 24 January 2013 at 13:33 GMT
    -
    Italy
    Unemployment Claims forecast 359K, actual 330K >good for USD
    Read the Squawk
    6y
    Father And Son Father And Son
    one way or another it will be a very cold night !!!! lots of blankets will be needed tomorrow morning !! good night everyone !
    6y
    matmomo matmomo
    Good night to you my friend.
    6y
    Rcernava Rcernava
    Good USD will cause stronger USD and an apatite for more risky assets (stocks). FED will change their stance on aggressive easing. Talk has it California messed...
  • Squawk / 18 January 2013 at 10:56 GMT
    Founder, CEO www.fxblast.com / FxBlast
    Pakistan
    bought eurusd 1.3356 sop 1.3310 for a major move towards 1.3480 and later 1.3540
    Read the Squawk
    6y
    Rcernava Rcernava
    Markets are more volatile so smaller stops have been getting clipped with out proper support in mind. The big level for bulls/bears is the 1.3250 and of...
    6y
    Rcernava Rcernava
    P.S. still think euro/gbp will hit target around .84-84. This should even out euro selling vs GBP (strong offers into .8420). Longer term euro should see re-balancing....
    6y
    fxblast fxblast
    RC thank for sharing your thought, after today's moves I also agree with you and entering in next week with a bearish outlook.
  • Squawk / 18 January 2013 at 4:50 GMT
    JAPAN PM ABE'S ECONOMIC ADVISER HAMADA: YEN WEAKNESS TO 95 OR 100 YEN VS DOLLAR IS NOTHING TO WORRY ABOUT
    Read the Squawk
  • 6y
    goldfinger goldfinger
    Thankyou for that Reuters piece. I am obviously far too negative.
    Oh good we are just entering a blizzard. Apparently due 25cms of snow tonight and my...
    6y
    Juhani Huopainen Juhani Huopainen
    nice numbers, but with the usual caveats. Not enough to pull Europe, but might help the Aussie.
    6y
    Rcernava Rcernava
    long any yen cross and you should be fine. The jawboning in Asia this morning continues.
  • 6y
    tony1 tony1
    You think that will decide the fate of AUD$
    6y
    goldfinger goldfinger
    Who knows! China's figures are what they are. GDP is a notoriously difficult number to report accurately in the short term. Why do we get three revisions...
    6y
    Rcernava Rcernava
    My take on it is that Aussie is seeing some headwinds with or without China. Traders we're careful on getting too aggressive on the Aussie yesterday in...
  • Squawk / 11 January 2013 at 22:18 GMT
    It has been a very wild volatile few weeks. I thought I would take a minute to post some technical structures and event risks that have caused the volatility (based on memory). Even though many traders say fundamentals / events have no impact on the market I would like to say their is a harmony in both. In a way events bring out this strange relationship between human desire and reality. We see this in the charts and they fulfill the destiny of price or the target of price. I posted a few weeks ago that I saw price targeting 1.35 (http://www.tradingfloor.com/posts/pointed-looking-qe4-omt-1639024767).. As strange as it seems the ECB has changed their tune totally on rate cuts and shocking the market so that price as now closed right around prior technical level of 1.3380. Looking at all these events as catalysts to fulfill desires in the market.
    Read the Squawk
    6y
    MedievalAstrology MedievalAstrology
    Thanks, very clear and shows some good levels we are approaching next week.
    6y
    Lydia Conslate Lydia Conslate
    great review, thanks:-)
  • Squawk / 11 January 2013 at 17:11 GMT
    -
    Spain
    I'm reading everywhere that $EUR is overbought but from my point of view it will go even more higher ....
    Read the Squawk
    6y
    goldfinger goldfinger
    I thought Steen's interview on CNBC summed up the situation quite well. Nothing has changed. Greece continues not to be able to pay its way. Unemployment is...
    6y
    Rcernava Rcernava
    Gold, do you have a link to that interview, I never saw it? I agree, the reality hasn't changed but has been swept to the background. When...
    6y
    Alesek Alesek
    yeah, ive erased those words like overdone, overbought/sold, overstretched from my vocabulary. Instead insisting myself sticking to the trend. Doesnt matter on which time horizon, just stick...
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