日本語
Español
中文
Русский
- New York 03:52
- London 08:52
- Barcelona 09:52
- Tokyo 17:52
- Sydney 19:52
Technical analysis: Short Sterling
0
0
Short Sterling – September 2009
Wed, Jun 17 2009, 08:29 GMT
by Nicole Elliott
Comment: Good volume last week as front months understandably bounce back a lot more than red ones. This situation may shift slightly this week as the UK Treasury curve is expected to flatten from some of the steepest levels ever seen. Meanwhile Chancellor Darling will today outline changes in financial oversight where the rumour is for draconian liquidity requirements which are especially onerous on branches of foreign banks. Under these conditions it is difficult to imagine Base rate going up for a very long time.
Strategy: Buy at 98.790/98.700; stop below 98.600. Cover longs between 98.900 and 99.000 even though a brief squeeze to a new record high is possible.
Published on Wed, Jun 17 2009, 08:30 GMT
Archive
- Short Sterling – March 2010
Published On Wed, Nov 18 2009, 08:56 GMT - Short Sterling – March 2010
Published On Wed, Nov 11 2009, 09:50 GMT - Short Sterling – March 2010
Published On Wed, Nov 4 2009, 10:00 GMT - Short Sterling – March 2010
Published On Wed, Oct 28 2009, 09:16 GMT - Short Sterling – March 2010
Published On Wed, Oct 21 2009, 08:36 GMT
Mizuho Corporate Bank
| 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk
Legal disclaimer and risk disclosure
The information contained in this page is based on or derived from information generally available to the public from sources believed to be reliable. No representation or warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This page has been prepared solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading strategy.Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.