...just called Mr Draghi - he says he will take profit on his longs at 1.3348 and 1.3462 (hopefully the institutionals will read this and start selling now)

EurAnalysis

So where's all this liquidity coming from (without a retrace for 8 days as you pointed out)? And wouldn't ECB be concerned with this appreciation (assuming undesired)? Wouldn't they want to intervene?

EurAnalysis

updated xls

EurAnalysis

On further reflection and as a mark of respect to the recent PA I will hold off adding shorts until I see the PA weakening.

EurAnalysis

Well said My take: I am short at 1.3109, and looking to add again around 1.3280 area Sure, price moved up against expectations yesterday; however a 100 odd pip drawdown on a longer term EU trade is not excessive given the nature of this beast. My ...

EurAnalysis

s-range 19-Dec-12 1.3229 1.3207 will update xls later.

EurAnalysis

screen dump of xls

EurAnalysis

Updating latest xls for projections, now incl daily

EurAnalysis

18/12/12 s-range 1.3163 1.3140

EurAnalysis

I guess, couple billion here, couple b there...:-)

EurAnalysis

Italian Trade Balance Actual 2.45B Forecast 0.25B Previous 0.41B Near 900% difference between the forecast and the actual!?

EurAnalysis

daily s-range met.

EurAnalysis

thing that consoles me is this: for price to shoot up so, someone out there has gotta be selling to all the buy orders (I mean, it can't be just us ) - and so all these sell orders can't be loosers and must take profit at some time (?) ...as an ...

EurAnalysis

yeah, freaky

EurAnalysis

Daily s-range 17/12/12 1.3178 (exceeded) 1.3145

EurAnalysis

Week 17/12/12 s-range: 1.3183 (already exceeded) 1.3086

EurAnalysis

Updated projections log - Missed last week's range Lo (understatement)

EurAnalysis

how do you mean?

EurAnalysis