hello,
Happy new year !!!, let the meet all of your dreams :)
It's a New Year, a new personal New Year's resolutions, and certainly new plans to achieve regarding your own investment portfolio. I hope that my analysis and my point of view the current situation in the financial markets will largely achieve your own investment plans. I wanted to thank you for all the questions and requests addressed to me. Thanks also for the fact that you visit my blog and that you are interested in what is my opinion.
In the past two weeks due to Christmas holiday there are only two analyzes.
From what I noticed, unfortunately, did not give in analyzes of stop-loss levels. What it extremely difficult for a complete look at the chart. In addition, during the Christmas holidays on EUR/USD recorded a high volatility due to the very low liquidity. Due to the fact that all the investment banks and financial institutions were closed most of the technical analysis and stop-loss levels would be affected.
Update of EUR/USD
The interest rate market shows the reaction, which was to be expected after the reducing QE - fundamental change of interest rates in favor of the U.S. dollar. The chart number 1 shows that the difference in the rates of the contract FRA 9×12 changed from +5 bps in favor of the euro in the first half of December to -6.5 bps (in favor of the dollar) now! It's a huge change, indicating that the rate could go back up to 7 figures!
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| chart 1. spread between EUR/USD & FRA 9x12 |
Therefore, I still think that in the next few days we should observe the strengthening of the dollar. A situation that took place during the holiday season, I think that was caused by low liquidity.
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| Summary of trades |
best regards,
oscarjp
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects oscarjp-chrimatistikos current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
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