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- Bakker commented Nov 13, 2012
The Eur/Usd is closing in fast onto a monthly ma convergence, no matter what anybody think or try, Eur is doomed.
EU Juncker: Expect No Definitive Greece Decisions Monday
- Bakker commented Nov 13, 2012
There's no sense in comparing the two, to come to what conclusion?
EU Juncker: Expect No Definitive Greece Decisions Monday
- Bakker commented Nov 12, 2012
The people of Greece are getting fed up with the whole situation and as I said before, the strong(er) economies in the EU are hesitant to put more money at risk. Greece is going to default and the Eur will go south big time.
Eurogroup puts off decision on Greece's €31.3bn aid tranche until next Tues, when they'll meet...
- Bakker commented Nov 12, 2012
Breaking below 1.2800 was a major setback for the Eur. Should kick back now, but will resume the downtrend soon. Greece won't be able to honor its commitments this week.
EU Juncker: Expect No Definitive Greece Decisions Monday
- Bakker commented Nov 12, 2012
Eur is totally overpriced considering the current bleak outlook for the EU.
EU Juncker: Expect No Definitive Greece Decisions Monday
- Bakker commented Nov 9, 2012
Sorry my friend. S/be 1.1785
Eurogroup unlikely to take final decision on Greece on Monday
- Bakker commented Nov 9, 2012
Bahira, you may call it as such. Greece is getting a bigger problem by the day and the big economies in the Euro zone are getting cold feet with the Greek situation. They are hesitant to back a donkey which are already dead and their their own ...
Eurogroup unlikely to take final decision on Greece on Monday
- Bakker commented Nov 9, 2012
My projection for the Eur by year end is 1.7850
Eurogroup unlikely to take final decision on Greece on Monday
- Bakker commented Nov 9, 2012
Eur is getting closer and closer to a ma crossover on the monthly chart. A break of this crossover will send Eur way, way down.
Eurogroup unlikely to take final decision on Greece on Monday
- Bakker commented Nov 8, 2012
1.0398 is kind of resistance right now.
RBA: Statement on Monetary Policy
- Bakker commented Nov 8, 2012
Its currently struggling to hold its position, let us see what happens at close of this hour.
RBA: Statement on Monetary Policy
- Bakker commented Nov 8, 2012
The 4hr bar currently running is also important. Ending in a pin will most certainly point to weakness and could send the Aud south by close of this bar.
RBA: Statement on Monetary Policy
- Bakker commented Nov 8, 2012
It's Friday and a crucial day for the Aud on the weekly chart. Inability to break higher today will send it south. The upward trend line currently in place is key.
RBA: Statement on Monetary Policy
- Bakker commented Nov 7, 2012
Yesterday's down bar on the daily chart is a very good sign for further weakness.
Australia Labour Force
- Bakker commented Nov 7, 2012
Watch your charts my friend, all you need to do.
Australia Labour Force
- Bakker commented Oct 26, 2012
But why does USD dive?
Economy in U.S. Expands at 2% Annual Rate, More Than Forecast
- Bakker commented Oct 24, 2012
Eur will target the 1.2800 level, which could be achieved by Friday.
Eurozone downturn deepens at start of fourth quarter
- Bakker commented Oct 24, 2012
Big negative. Weekly chart is in sinc with what daily is telling. I entered at 1.3050 with a break of a ma crossover on the 4hr chart.
Eurozone downturn deepens at start of fourth quarter
- Bakker commented Oct 24, 2012
Daily chart yesterday showed that something big is on the table.
Eurozone downturn deepens at start of fourth quarter