Tuesday, May 28, 2013

Tuesday all clear

Nothing on the books except for a small EUR/JPY short @131.80 to test the waters.

I got no clear picture of the markets at this moment in time, just fresh back in town and lots of homework ahead to do.

Tidbits: Commerbank
EUR/USD order book mildly bullish with more buyers than sellers when the snapshot was taken at 1.2903, but the orders are about equal at levels around 1.2940, which would suggest an upmove would struggle in this area. EUR/USD now at 1.2907
Update 1

Danske in on the same trade, short from 131.95
looking for a slide to the May 8 low of 128.99, with a stop up at 132.95. EUR/JPY now at 131.65 within the day's 132.03-130.68 range.     

No comments:

Post a Comment