Community Blog

Filtered by tags:  Mario Draghi
Avatar

EURo rallies on hawkish comments by Draghi

ECB president Mario Draghi yesterday said: "While there are still factors that are weighing on the path of inflation, at present they are mainly temporary factors that typically the central bank can look through". That's hawkish from him and Euro bulls needed no excuse to took the pair 150 pips higher by the end of the day.
The pair finally broke above U.S. election high (1.13) and extended gains to the highest level in a year. Pre-Brexit high (1.1430) is the next target and then last year's hig…
Read full story
Translate to English Show original
orto leave comments
Avatar

Vývoj na EURUSD

Mario Draghi dnes opäť prekvapil a naštartoval vysávač na EURUSD, ktorý najskôr vyletel nahor až k 1,09, aby povysával SL shortujúcich medveďov a následne po Dragiho slovách spadol na 1,06. Od tohto bodu očakávam miernu korekciu smerom nahor. Predsa len sa dostávame do hustejšieho pásma, ktoré by mohlo túto korekciu podporiť, avšak Draghi poslal euro k zemi a preto budú u mňa longy len krátkodobé.
Read full story
Translate to English Show original
orto leave comments
Avatar

Draghi and the Euro

EUR/USD had managed to trim losses after a 10-day losing, but it gave up most of its intraday losses and have drop back to 1.06 area following dovish-ish comments from ECB President.
Draghi says recovery proceeding at moderate pace at the euro zone.
You can read the full statement here
Read full story
Translate to English Show original
orto leave comments
Avatar

Марио Драги выступил на World Economic Forum

Cегодня в Давосе, Шейвецария, Марио Драги поделился своим мнением относительно недавнего повышения учетной ставки в США - «Повышение ставки ФРС прошло безупречно». Президент ЕЦБ отметил, что существует дифференциал в учетных ставках ФРС и ЕЦБ и все еще будет сохраняться по причине разного состояние экономик США и ЕС.
«В США удалось зафиксировать улучшение экономики» - заметил М.Драги. Он также отметил, что на сегодня слишком рано говорить об изменении бизнес-настроений в ЕС на начало нового года…
Read full story
Translate to English Show original
orto leave comments
Avatar

ECB hints on further easing

ECB left interest rates unchanged at today's meeting. However, there were some strong hints about further policy easing to come in March. President Mario Draghi expressed concerns about downside risks stemming from recent developments in financial and commodity markets and their influence on inflation outlook.
Mirroring a sell-off in Euro, Swissie jumped about 100 pips and then added another 20 after an initial pullback. Although violated, strong 1.0125 level held and remains the first obstacle …
Read full story
Translate to English Show original
orto leave comments
Avatar

ECB a disappointing story

I'm not sure about everyone else but I wasn't expected ECB not to upgrade their QE program from 60B euro to at least 75B euros. This was a big disappointment even for the market itself as the build up in expectation ahead of the meeting was quite huge. Based on the latest COT report the net speculative short position ahead of the meeting where as high as they where in March when again happened to get a swing low. It never chase to amaze me how accurate this can be use as an contrarian indicator,…
Read full story
Translate to English Show original
orto leave comments
Avatar

ECB on the Spotlight

If Mario can't move the euro no one cans, so lets hope he will put a stop to the current never ending ranging EUR/USD market. Let's be honest here EUR/USD has been a pain over the last few months as it has been moving back and forth. We still have to answer one important question on how EUR/USD will move based on whatever the monetary policy may be.
One thing I'm sure of is that they aren't going to expand their easing program at least not before Fed does a move first, with normalizing interest …
Read full story
Translate to English Show original
Bimlesh avatar
Bimlesh 22 Oct.

excellent bro.. that's a giant move you took this month...!

Daytrader21 avatar

Bimlesh Unfortunately I left on the table more than 250 pips on this moves. But with this market you never know what you may get so I wanted to look in the profits

Bimlesh avatar
Bimlesh 22 Oct.

that's wonderful... we never no.. me too shifted to the 1min time frame..:)

orto leave comments
Avatar

Draghi Live

Greek Economy Viable if right policies implemented . Generally people don't comment on judiciary decision - he said . Great questions here on live Draghi .
Read full story
Translate to English Show original
orto leave comments
Avatar

Aaaand sometimes This happens...

Read full story
Translate to English Show original
Cremelady avatar
Cremelady 24 Apr.

LOL .......  nice

orto leave comments
Avatar

More declines are on the way

Currency Pair:Eur/Gbp
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.7470
Trend: sustained downtrend
Possible trading range:0.71-0.7650
Signals: Once the neckline situated at around 0.7760 has been broken to the downside then that huge massive double top from the monthly chart will weigh negatively on this pair in the coming months.
Fundamentals: The dovish move in UK rate hike expectations is looking increasingly overdone and this fact may prepare the stage for a …
Read full story
Translate to English Show original
marius24 avatar
marius24 9 Feb.

update: Current price - 0.7444 and so far this pair has been following my prediction marching lower from almost 0.76 to 0.74 area. My target is much lower at 0.7276 where a strong support lies. Still bearish on this pair.

marius24 avatar
marius24 17 Feb.

update:Current price - 0.7431. So far the lowest level hit by price was 0.7372, but that important support located lower at 0.7270 still awaits to be challenged. For this to happen we need further fall in euro and gbp/usd not to fall below 1.5225.

marius24 avatar
marius24 23 Feb.

update: Current price -0.7367.We recorded last week another low level around 0.7338 not seen since 2007. THe pair is still under selling pressure as long as euro suffers from the greek story and the pound rises amid earlier rate hike expectations from BOE. The support is much lower at 0.7266

marius24 avatar
marius24 26 Feb.

update: Current price - 0.7275. At last my target has been hit today after a massive sell-off in euro. RIght now the price has just touched an important level at  0.7266 and any declines from here look quite unlikely.

marius24 avatar
marius24 2 Mar.

update: Also here is a very good prediction. The price stopped at around 0.7287 with 11 pips higher than my target situated at 0.7276. I like this forecast.

orto leave comments
More