SebboFX

FX Enthusiast since 2008 -- Master's degree in economics (Dipl.-Volkswirt), germany based

[SebboFX @fxdesk]

@CyclesFan There were times when the #DAX40 tracked the Nasdaq pretty well, even though there’s hardly any tech in the DAX. Now the DAX is even outperforming the NQ. Will there be another dip in the Ger40, or will it head straight to new all-time highs—what do you think? Thank you vm

[SebboFX @fxdesk]

G10 central bank meetings this week:

29jul wed #FED
30jul thu #BoE
31jul fri #BoJ

via G10 Central Bank Calendar https://t.co/HlyFYz55JF

[SebboFX @fxdesk]

From a technical perspective, there is currently no reason to be short #USDJPY

Upcoming central bank meetings:

FED 29jul
BOJ 31jul

[SebboFX @fxdesk]

#USDJPY is still within the resistance zone. Yen bulls still have every chance of making their mark next week.

[SebboFX @fxdesk]

The 1-month trading range (22jun - 22jul) for #EURUSD is just 158 pips.

L: 1.1324 (24jun)
H: 1.1482 (15jul)

That is ridiculous.

[SebboFX @fxdesk]

Why is the difference between estimated EPS and reported EPS always so large?

$GOOGL

[unusual_whales @unusual_whales]

BREAKING: Google, $GOOGL, earnings:

- EPS: $9.1, est: $2.91
- Revenue: $119 billion, est: $116 billion

[SebboFX @fxdesk]

@DeItaone That must be satire.

[SebboFX @fxdesk]

@BeardoTrader It’s a brilliant idea to have a look at the market first thing in the morning. Thank you very much for the inspiration 😁

[SebboFX @fxdesk]

@alshfaw No idea. But personally, this never-ending chase after new ATHs really gets on my nerves. Of course, that suggests it’ll keep going up 😅

[SebboFX @fxdesk]

@Mr_Derivatives And your guess is - of course - Gold and BTC are too low. You would never assume that SPX could be too high. And that sums up the current state of the market rather well.

[SebboFX @fxdesk]

#USDJPY is still within the resistance zone. Yen bulls still have every chance of making their mark next week.

[SebboFX @fxdesk]

@solo_levelingx I’ve been thinking about that since 2017 🤣

[SebboFX @fxdesk]

#Nikkei225 is down. US pre market is deeply red, but #USDJPY is a rock in the storm up 31 pips (+0.19%) at time of writing.

[SebboFX @fxdesk]

@McClellanOsc Explaining charts with the benefit of hindsight is the fine art of market analysis.

[SebboFX @fxdesk]

#EURUSD close was 1.1438

[SebboFX @fxdesk]

#EURUSD is still struggling with the support zone around 1.1400, but is poised to close above this key level for the second day running.

Today was a public holiday in the US. A green daily candle on Monday could confirm that the euro is finding a floor.

[SebboFX @fxdesk]

As if the #NFP figures had any impact on the stock market.

Good figures = Strong economy = Shares up

Bad figures = Interest rates unchanged/cut = Shares up

[SebboFX @fxdesk]

@TradingThomas3 That yen short / dollar long trade is working perfectly fine since jan2021 - hard to predict the end of it. Why now?

As long as the BoJ doesn’t adjust interest rates, nothing will change for the time being.

[SebboFX @fxdesk]

Dollar Index (#DXY) had a grood run recently and needs a break above the resistance/support zone between 101/102

Tomorrow’s PCE figures are likely to be interesting

(weekly chart)

[SebboFX @fxdesk]

@Mr_Derivatives 1. TA is designed for bulls only

2. TA is not helping to decide if a stock can be stacked or a falling knive never gonna recover

[SebboFX @fxdesk]

USDJPY was trading at 114.35 at time of writing.

Issue No. 1:

https://t.co/HH3reiFakf

[SebboFX @fxdesk]

I’ve just had a look at the very first issue of my FX newsletter, dated 18 October 2021. Guess where #USDJPY was trading back then? (The answer is in the first comment)

No wonder I tend to short this currency pair. It’s been an expensive strategy so far. Do not copy it.