USDJPY VOLUME STAT., OPEN INTEREST, LEVELS (WATCH TEXT)THIS IS NOT ANALYSIS, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS
Volume Put / Open Interest Put / Level
76 / 310 / 112.349
15 / 826 / 111.719
55 / 803 / 111.094
497 / 976 / 110.475
136 / 654 / 109.863
622 / 1288 / 109.255
129 / 597 / 108.652
446 / 930 / 108.053
206 / 810 / 107.458
695 / 1983 / 106.867
397 / 776 / 106.279
99 / 1394 / 105.695
528 / 3105 / 94.850
65 / 1565 / 95.322
363 / 2879 / 95.792
0 / 904 / 96.259
3 / 885 / 96.724
0 / 1145 / 97.187
0 / 1930 / 97.647
1 / 633 / 98.106
10 / 1580 / 98.564
0 / 110 / 99.020
0 / 79 / 99.475
0 / 33 / 99.930
0 / 45 / 100.383
0 / 13 / 100.836
0 / 1 / 101.289
0 / 6 / 103.096
Volume Call / Open interest Call / Level
0 / 15 / 113.656
0 / 21 / 112.974
0 / 107 / 112.299
0 / 12 / 111.631
0 / 84 / 110.972
4 / 53 / 110.321
0 / 41 / 109.678
0 / 302 / 109.043
0 / 604 / 108.416
0 / 304 / 107.799
0 / 193 / 107.190
30 / 672 / 106.590
92 / 600 / 105.999
242 / 973 / 105.416
112 / 548 / 104.843
577 / 1215 / 104.278
435 / 577 / 103.721
659 / 494 / 103.173
50 / 649 / 102.631
154 / 996 / 102.097
126 / 799 / 101.570
306 / 2086 / 101.050
Interest
GBPUSD VOLUME STAT., OPEN INTEREST, LEVELS (WATCH TEXT)
THIS IS NOT ANALYSIS, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS
Volume Call / Open interest Call / Level
0 / 12 / 1.33410
0 / 1 / 1.33500
0 / 15 / 1.33520
0 / 28 / 1.33540
0 / 87 / 1.33570
0 / 48 / 1.33610
0 / 36 / 1.33660
0 / 15 / 1.33710
40 / 57 / 1.33780
0 / 630 / 1.33850
0 / 1200 / 1.33940
0 / 449 / 1.34050
0 / 519 / 1.34170
43 / 962 / 1.34300
19 / 304 / 1.34460
43 / 1269 / 1.34630
125 / 824 / 1.34820
122 / 613 / 1.35040
61 / 392 / 1.35270
49 / 1906 / 1.35530
40 / 295 / 1.35810
220 / 808 / 1.36120
59 / 421 / 1.36440
141 / 1165 / 1.36790
29 / 828 / 1.37160
34 / 498 / 1.37550
58 / 235 / 1.37950
245 / 266 / 1.38370
0 / 675 / 1.38800
8 / 146 / 1.39250
0 / 42 / 1.39700
71 / 371 / 1.40170
4 / 256 / 1.40640
1 / 267 / 1.41110
0 / 347 / 1.41590
40 / 96 / 1.42070
0 / 86 / 1.42560
4 / 106 / 1.43050
0 / 69 / 1.43540
0 / 245 / 1.44030
0 / 105 / 1.44530
5 / 272 / 1.45020
0 / 200 / 1.45520
0 / 183 / 1.46010
0 / 70 / 1.46510
0 / 158 / 1.47010
0 / 102 / 1.47500
0 / 242 / 1.48000
0 / 117 / 1.48500
0 / 371 / 1.49000
0 / 335 / 1.49500
Volume Put / Open Interest Put / Level
0 / 15 / 1.21450
25 / 91 / 1.21940
0 / 351 / 1.22440
0 / 61 / 1.22930
0 / 576 / 1.23420
53 / 157 / 1.23910
0 / 256 / 1.24400
6 / 526 / 1.24880
10 / 89 / 1.25360
57 / 935 / 1.25830
10 / 821 / 1.26300
38 / 571 / 1.26770
15 / 342 / 1.27220
19 / 1478 / 1.27670
8 / 534 / 1.28100
38 / 740 / 1.28520
45 / 2428 / 1.28940
49 / 627 / 1.29330
9 / 145 / 1.29710
64 / 194 / 1.30080
101 / 487 / 1.30420
94 / 235 / 1.30750
127 / 173 / 1.31060
72 / 307 / 1.31340
2 / 57 / 1.31610
6 / 304 / 1.31850
13 / 73 / 1.32070
19 / 242 / 1.32270
EURUSD VOLUME STAT., OPEN INTEREST, LEVELS (WATCH TEXT)THIS IS NOT ANALYSIS, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS
Volume Put / Open Interest Put / Level
0 / 4 / 0.92000
0 / 22 / 0.93000
0 / 12 / 0.94000
0 / 25 / 0.95000
0 / 332 / 0.95500
0 / 16 / 0.96500
0 / 5 / 0.97000
0 / 18 / 0.97500
0 / 33 / 0.98000
0 / 18 / 0.98500
0 / 24 / 0.99000
0 / 5 / 0.99500
0 / 205 / 1.00000
0 / 19 / 1.00500
0 / 218 / 1.01000
0 / 237 / 1.01500
0 / 245 / 1.02000
0 / 234 / 1.02500
1 / 280 / 1.02995
1 / 307 / 1.03495
2 / 2397 / 1.03990
12 / 345 / 1.04490
41 / 2911 / 1.04985
0 / 809 / 1.05480
7 / 688 / 1.05975
31 / 1108 / 1.06470
27 / 1123 / 1.06955
19 / 1504 / 1.07430
71 / 2546 / 1.07900
87 / 2765 / 1.08350
168 / 7101 / 1.08790
145 / 3566 / 1.09210
305 / 3339 / 1.09600
333 / 3076 / 1.09970
774 / 3166 / 1.10300
277 / 1404 / 1.10580
293 / 1923 / 1.10810
50 / 1218 / 1.10990
10 / 1105 / 1.11140
0 / 722 / 1.11240
0 / 463 / 1.11310
0 / 391 / 1.11370
0 / 184 / 1.11400
0 / 53 / 1.11430
0 / 100 / 1.11440
0 / 22 / 1.11450
0 / 46 / 1.11460
0 / 19 / 1.11470
0 / 50 / 1.11470
Volume Call / Open interest Call / Level
0 / 2 / 1.11510
0 / 11 / 1.11590
0 / 123 / 1.11630
0 / 75 / 1.11700
0 / 86 / 1.11780
21 / 432 / 1.11880
155 / 1742 / 1.12010
53 / 1091 / 1.12190
352 / 1711 / 1.12410
263 / 3309 / 1.12680
446 / 2298 / 1.12990
537 / 2811 / 1.13350
353 / 2610 / 1.13750
857 / 2675 / 1.14170
853 / 1725 / 1.14620
209 / 2872 / 1.15080
116 / 841 / 1.15560
148 / 1418 / 1.16045
179 / 739 / 1.16535
35 / 799 / 1.17025
0 / 694 / 1.17520
1 / 792 / 1.18020
1 / 661 / 1.18515
2 / 581 / 1.19015
0 / 259 / 1.19510
0 / 163 / 1.20010
0 / 103 / 1.20510
285 / 811 / 1.21005
0 / 449 / 1.21505
0 / 265 / 1.22005
0 / 134 / 1.22505
0 / 96 / 1.23005
0 / 43 / 1.23500
0 / 1 / 1.24000
0 / 10 / 1.24500
0 / 10 / 1.25000
0 / 250 / 1.25500
0 / 25 / 1.26000
0 / 62 / 1.30000
AUDUSD VOLUME STAT., OPEN INTEREST, LEVELS (WATCH TEXT)THIS IS NOT ANALYSIS, I HAVE PREPARED AN OPTION LEVELS TO SHARE WITH YOU, THAT CAN BE USED TO FILTER OUT LEVELS THAT YOU ARE USING IN YOUR ANALYSIS
Volume Put / Open Interest Put / Level
0 / 2 / 0.59000
0 / 20 / 0.61000
0 / 2 / 0.62500
0 / 25 / 0.63000
0 / 1003 / 0.63500
0 / 129 / 0.64000
0 / 2 / 0.64500
0 / 87 / 0.65000
0 / 24 / 0.65500
0 / 22 / 0.66000
0 / 46 / 0.66495
1 / 58 / 0.66995
0 / 42 / 0.67495
0 / 178 / 0.67995
0 / 155 / 0.68490
1 / 131 / 0.68990
0 / 134 / 0.69485
0 / 581 / 0.69985
0 / 194 / 0.70475
0 / 1258 / 0.70970
0 / 486 / 0.71455
51 / 719 / 0.71940
58 / 731 / 0.72410
105 / 924 / 0.72870
120 / 724 / 0.73310
35 / 654 / 0.73730
186 / 1388 / 0.74120
134 / 674 / 0.74480
156 / 237 / 0.74790
139 / 146 / 0.75060
2 / 40 / 0.75280
13 / 23 / 0.75450
Volume Call / Open interest Call / Level
0 / 10 / 0.75820
0 / 3 / 0.75820
0 / 32 / 0.75830
0 / 143 / 0.75840
0 / 194 / 0.75860
2 / 105 / 0.75890
5 / 144 / 0.75930
0 / 181 / 0.75990
0 / 281 / 0.76070
0 / 1413 / 0.76180
13 / 404 / 0.76320
47 / 873 / 0.76510
81 / 741 / 0.76740
115 / 766 / 0.77020
102 / 714 / 0.77350
319 / 486 / 0.77730
319 / 423 / 0.78140
27 / 374 / 0.78590
105 / 568 / 0.79060
0 / 280 / 0.79535
1 / 106 / 0.80025
0 / 64 / 0.80520
0 / 38 / 0.81015
0 / 78 / 0.81510
0 / 2 / 0.82010
1 / 6 / 0.82505
0 / 3 / 0.83005
0 / 11 / 0.83500
0 / 25 / 0.84000
USDCHF VOLUME STAT, OPEN INTEREST, LEVELS, WATCH TEXTVolume Put / Open Interest Put / Level
0 / 1 / 1.03627
0 / 114 / 1.01523
0 / 114 / 0.99999
0 / 10 / 0.99501
0 / 278 / 0.99007
0 / 27 / 0.98517
0 / 66 / 0.98032
0 / 79 / 0.97551
0 / 100 / 0.97074
0 / 26 / 0.96601
0 / 30 / 0.96132
0 / 20 / 0.95668
0 / 20 / 0.93408
Volume Call / Open interest Call / Level
0 / 24 / 0.98533
0 / 111 / 0.98047
0 / 80 / 0.97567
0 / 110 / 0.97091
0 / 35 / 0.96621
0 / 21 / 0.96156
0 / 65 / 0.95695
17 / 62 / 0.95239
0 / 5 / 0.94788
0 / 59 / 0.94340
0 / 20 / 0.93897
0 / 6 / 0.93458
0 / 3 / 0.93024
0 / 6 / 0.92593
0 / 26 / 0.92166
0 / 10 / 0.91743
0 / 5 / 0.91324
0 / 11 / 0.90909
0 / 10 / 0.88889
0 / 10 / 0.86580
0 / 5 / 0.85837
0 / 5 / 0.85470
0 / 5 / 0.84746
0 / 5 / 0.84388
0 / 5 / 0.84034
USDCAD Volume stat. and open interest levels, in textThis is in addition to filter out levels on your analysis
Volume Put / Open Interest Put / Level
0 / 8 / 1.44928
0 / 20 / 1.43885
0 / 4500 / 1.41844
0 / 43 / 1.40845
0 / 91 / 1.39860
0 / 251 / 1.38889
0 / 387 / 1.37931
10 / 1426 / 1.36986
0 / 322 / 1.36054
1 / 1380 / 1.35135
6 / 484 / 1.34228
17 / 1378 / 1.33332
14 / 580 / 1.32449
0 / 1133 / 1.31577
42 / 1248 / 1.30715
227 / 833 / 1.29865
146 / 507 / 1.29025
7 / 242 / 1.28194
0 / 185 / 1.27374
0 / 301 / 1.26564
0 / 28 / 1.25763
0 / 4 / 1.24191
Volume Call / Open interest Call / Level
0 / 48 / 1.32470
0 / 118 / 1.31594
3 / 463 / 1.30730
44 / 795 / 1.29878
62 / 1441 / 1.29038
805 / 1543 / 1.28209
10 / 1075 / 1.27391
0 / 648 / 1.26583
1 / 573 / 1.25787
0 / 782 / 1.25000
0 / 324 / 1.24224
0 / 320 / 1.23457
1 / 261 / 1.22699
0 / 76 / 1.21951
0 / 50 / 1.21212
0 / 48 / 1.20482
0 / 7 / 1.19760
0 / 1 / 1.19048
0 / 4 / 1.18343
0 / 7 / 1.17647
0 / 24 / 1.16959
0 / 26 / 1.16279
0 / 17 / 1.14943
0 / 6 / 1.14286
0 / 4 / 1.13636
0 / 15 / 1.12360
AUDUSD OPTION LEVELS VOLUME AND OPEN INTEREST (NUMBERS)Volume Put/Open interest Put/Support level
0 2 0.59000
0 20 0.61000
0 2 0.62500
0 25 0.63000
0 1003 0.63500
0 129 0.64000
0 2 0.64500
0 87 0.65000
0 24 0.65500
0 22 0.65995
0 46 0.66495
0 58 0.66995
0 42 0.67490
0 178 0.67990
93 197 0.68485
0 131 0.68985
0 134 0.69485
1 582 0.69980
7 194 0.70475
1 1258 0.70970
17 475 0.71465
27 708 0.71955
1 731 0.72430
12 924 0.72900
22 737 0.73360
3 653 0.73800
56 1374 0.74210
53 646 0.74600
140 205 0.74950
60 121 0.75260
34 30 0.75520
2 22 0.75730
Volume Call/Open interest Call/Resistance
0 10 0.76230
0 3 0.76230
0 32 0.76240
0 143 0.76240
0 194 0.76260
0 105 0.76280
0 144 0.76310
0 181 0.76350
0 281 0.76410
0 1413 0.76500
1 405 0.76610
1 874 0.76760
19 733 0.76950
135 729 0.77190
269 776 0.77480
166 384 0.77820
59 371 0.78210
8 374 0.78630
19 561 0.79080
0 280 0.79550
0 106 0.80030
0 64 0.80520
0 38 0.81015
0 78 0.81510
0 2 0.82010
0 6 0.82505
0 3 0.83005
0 11 0.83500
0 25 0.84000
USDJPY - Long term Long IdeaThis is a Monthly chart of USDJPY, this one has caught our eye the most as it has broken out of a major long term downtrend back in 2014 and since hasn't looked back until now, this lines up perfectly as a potential value zone where big money may look to step in.
Technical Reasons:
1. Break and retest of a monthly trend line as support.
2. Key area support of 102.000
3. Fibonacci retracement 0.5
4. Bullish trend from 2012.
5. RSI is in Oversold territory.
Some potential positive Fundamentals for this trade are:
1. YEN - BOJ may want to cut their rates or introduce more stimulus as a strong YEN (Due to potential safe haven status) is totally against what the Bank wants.
2. DOLLAR - FED 'May' hike their interest rate but its unknown as to how likely this is.
volatility etf with yeller speak ecb and payroll this week short term move possible to bottom of the cloud daily/rate hike in june or july not built in/europe and payroll next week /volatilyioversold/look for volatility to come on/enter on one candle your time above close/use a tight stop/this etf moves quickly with vix/diversify and use small position/yellen words not heard well because of long holiday fomc on the 15th/dollar moved up
Feds funds rate on S&P 500This is written in swedish. This charts shows all of the Federal Reserves increase and decrease on funds rate. Each bubble has their respective dates and basis points. All data är collected from Feds website.
The green one are rate hikes
The red ones are rate decrases.
The purple one are the 9/11 and banks crash in 2008.
The Dollar Paradox Pt. 1: Unintended ConsequencesIt is clear that the U.S. dollar has been one of the biggest hedge fund crowded trades, and still remains despite recent pullbacks in the greenback.
And, although, the DXY saw a violent decent following last week's dovish FOMC-minutes report, there is still an underlying dynamic that supports a much higher dollar.
History may not repeat, but it often rhymes. And, those who look back into historical context for potential clues of today should find interest in the "Law of Unintended Consequences." This concept dates back to John Locke, who discussed the unintended consequences of interest rate regulation in his letter to Sir John Somers, Member of Parliament during the 17th century.
In 1936, socialogist Robert K. Merton wrote "The Unanticipated Consequences of Purpose Social Action," which discussed unintended consequences of deliberate acts intended to cause social change.
We don't have to look any further to globalized manipulation of interest rates by central banks with the sole purpose to deliberately change actions (or inaction) of consumers. Low interest rates have been designed to force those into riskier assets who may not have accumulated previously. The suppression has also "enticed" individuals to buy homes, cars, take on student loans and other interest rate sensitive loans to unsustainable levels, essentially robbing tomorrow's growth to consume today.
Furthermore, market participants are underestimating the ongoing global currency debasement on the race to zero. Since the financial crisis - on a global scale - there has been $12.3 trillion (and growing) in quantitative easing and 650-plus (and growing) rate cute. Yet, central banks are unwilling to admit their policies have failed. And they won't.
In Merton's paper, he stated that ignorance stems from unintended consequences. Those that are objective ponder why economists are consistently wrong and never forecast recessions (Fed included). There is a degree of ignorance that shields them off from from anticipating the potential from future events, thus this leaves their analysis incomplete.
Moreover, short-term interests are clearly overtaking long-term interests. As former Dallas Fed Reserve Bank President Dick Fisher has stated on TV numerous times, the Federal Reserve front-loaded risk appetite in order to develop a "wealth effect." Instead of focusing on longer-term solutions for the growth of American, it was imperative for the Fed to spoon feed quantitative easing to investment banks and their crony peers.
The hubristic nature of Ben Bernanke, Janet Yellen, Mario Draghi or Haruhiko Kuroda in believing they can manipulate "free" markets like a volume dial on a radio is foolhardy and create unintended consequences that will cause a panic buying of the global reserve currency, the U.S. dollar.
Stay tuned for additional Dollar Paradox additions.
Please feel free to comment and share charts! And follow me @Lemieux_26
Check my posts out at:
bullion.directory
www.investing.com
www.teachingcurrencytrading.com
oilpro.com
Gold Miners Could Pullback Before Resumption of Trend.Gold prices have been volatile, flucuating between $1,275 and $1,220 as markets remain indecisive on what stance to take: is the Federal Reserve going to continue hiking assuming the economy will "gradually improve," or with traders continue to look for safer locations to place there cash?
According to recent capital flow data, the GLD has seen redemption as market participants choose to overlook the weakening global economy and its implications. Nevertheless, with inflows into risk ETFs like SPY and HYG, gold miners could see their shares pull back from this historic gold run.
Technically, after GDX broke out of a longer-term downtrend, price action began to oscillate within a narrow ascending channel. Prices are likely to pullback to channel and price action support of $19.80, while a confirmed break (or daily close below support), miners could fall to $18.85 and, potentially, $17.85 - also nearing the 50-day EMA.
However, if the popular mining ETFs can remain above support, price action could challenge $21.88 and $23.03.
Overall price action and trend momentum still remain rather supportive to the upside.
Please feel free to comment and share charts! And follow me @Lemieux_26
Check my posts out at:
bullion.directory
www.investing.com
www.teachingcurrencytrading.com
oilpro.com
EURUSDmacro money margin market models momentum net offer ofset open order options paid pair patient pips portfolio profit pullback put quoStill waitingte rally range rate realmoney retail risk sector sell settlement short slippage spot stoploss swap swiss takeprofit technical trade trading trader traderslife trend unemployment value volatility wedge work
Something's stirring in the gold marketA break above 1180 could signal the end of the secular bear market within the larger bull market of gold, as for the first time gold made a higher high price since it fell from a peak of 1900.
Current price action is considerately overbought, but every dip was bought up given the fear and global macro.
Next few days we might potentially see Dollar correcting by at least 3% and this will be the catalyst of a 'higher-high' in Gold vs USD ratio.
Yes I'm aware, analysis such as Harry Dent is calling for $700 gold. I'm unconvinced. Deflation is the trend in the global economy and gold is an inflation hedge. So why would gold go up when the global economy is deflating?
Link: economyandmarkets.com
Simple, central banks all around the world are stuck.
In the midst of a market crash and interest rate were still at 0%, not even QE is having any significant impact in countries like Japan and Europe. Markets are in untested water! They have no other gunpowder to stimulate the economy right now.
Historically gold rallies in times of a rising interest rate since it is an inflationary hedge, and interest rate rises because the economy is heating up.
Market expectations are changing. From a strong dollar as a result of Janet Yellen not wanting to lose her confidence by rising rates, to macro fears about the global economy. People will be expecting rates to be dropped, or even negative in the following months.
What if the interest rate were to be negative if Central Banks run out of options?
What if more QE was done?
Why would anyone still want to keep their money in insolvent banks and be charged at a monthly fee?
Gold isn't just a commodity, it is also a form of money beyond the control of any entity like Bitcoin. The correlation impact of the economy to gold will be pretty insignificant, considering the bigger picture as a hedge against a risk.
Some other factors includes only 73,000 ounce of gold remaining in the vaults of COMEX as of 2nd Feb 2016. 542 ounce of paper gold owner backed by just 1 ounce of physical gold.
What if these people starts asking for their gold back with the paper contracts they bought? You can expect a default ahead in the exchange just like the infamous bitcoin exchange, MtGox.
It is simply an accident waiting to happen!
Mike Maloney: www.youtube.com
ZARJPY Long term LongIt's another brainless USDHKD like trade except not insured by a peg...
There is long term government initiatives within interest rates to appreciate the Rand.
And we all know the yen and BOJ wanting to see it much weaker...
We'll see how this plays out but I would like to catalog this as a moment of inflection on this pair with interest rates being the primary driving force.
AUD/GBP Tringle Breakout at bottom.....Long and Short posibilyAUD/GBP Tringle Breakout at bottom.....Long and Short posibily!
After cutting the interest rate (RBA) on a new record low 2,00% (2,25% before) and a coming economic quarter forecast update a friday, so there could be a very nice move in the breakout direction!
All eyes on the interesting support or resistance level!
GS - Open Interest EvaluationIf Price Closes within the range, The Pain could be closer to $100M, in Options Premium. If it breaks Lower limit, there will be a quick rally, because of option defenders.
Similar to the linked post.
This particular setup I look for is hard to find. So far I do not have a scan. Would be awesome if one exists.
GL folks
GBPNZD - Short Term BearishRBNZ Interest Rate Decision - there has been speculation that the bank will cut rate today. In anticipation of this most of the NZD pairs have shown NZD to be weak as other have gained.
However, looking at all NZD pairs it seems that the gains have been of the corrective nature. Therefore, if the rates are maintained there could be spike in the prevailing direction and then reverse.
So with that in mind whilst GBPNZD remains long term bullish, the overall correction in play from recent high at 2.10 is still in development. If correct I suspect we might get short opportunity with high at 2.081 as the pivot on which suitable protective stop loss could be place or even better the high of 2.10.
Downside target is potentially 1.97 - 1.95 zone as the bottom of the rising trend channel.
Failing this once the action has settled a short position could be considered on any retracement of the initial decline.
As always, if you like my analysis select to follow me and the chart but do your own analysis for any trade planning and appropriate money management.
DanV
DOWI: Toward a formation of a double top?The ichimoku chart shows that DOWI will go a little bit on the upside, but indicators show that there isn't a lot of room left on the upside.
Tenkan Kijun twist may occur inside the cloud wich would announce a soft upside.
Having an eye on the Kumo cloud and particularly on the next days show that there is a twist and confirme a reversal, at least a correction on the downside in the coming days.
Therefore, if DOWI reaches 17080 or around on the upside, this may very much be a double top. This would then suggesgtthat the neck line is at 16333 and after a little upside correctio, the index may go down until 16000 or 15800.
Having said that, bare in mind that
1-FED didn't decide yet to increase its interest rate.
2- There is still cheap money in the market. Therefore, the correction process is a fact, but we are not yet in a Bear market although this may happen sooner or later.
EURUSD: 4 Candle left before ECB Announcement. In principale market has already priced ECB interst rate decision i.e to lower the interest rate and refi rate to negatif.
Therefore is no decision is taken, Eur will jump high against USD.
If the decision of ECB is limited to interst rate cut, then, there may be a swift move down to 1.355 or even bellow to 1.352 but the buyers will come back on the market, because decreasing interest rate will not be enough for the market. European QE is not yet on the table even if this issue has been discussed by EU memberstates and ECB officials.
Therefore, on a medium term, EUR may move again upside towards a more realistic level i.e 1.385 or even a little bit higher before any genuine intervention o nthe market of ECB.
We are not a heart beat away, but just 4 candle away from ECB PResident Mario Draghi's press conference. LEt's wait and see