Forex Forum Archive for 06/15/2009

Hong Kong Qindex 23:39 GMT June 15, 2009
Sell Gold
Entry: Target: Stop:

Gold : 889.8 will be challenged


The market is going to consolidate within 918.1 - 935.0 in the Asian session today. Speculative selling pressure will increase when the downward trending momentum is strong enough to penetrate through 904.0.

Gen dk 23:31 GMT June 15, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Syd 23:25 GMT June 15, 2009 Reply   
The European Central Bank has given its starkest warning to date on growing strains in the eurozone credit markets.
http://www.telegraph.co.uk/finance/newsbysector
/banksandfinance/5544238/ECB-warning-on-banks-rattles-global-markets.html
AUD/USD could consolidate in Asia trade around current levels, "as traders try to work out if this is either a glaring buy opportunity or the start of a more sustained sell off", says Suncorp Strategist Tony Bieber. Pegs support at 0.7900 and 0.7830, resistance at 0.7970. Says, "bias to the south."

Gen dk 23:24 GMT June 15, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Hong Kong Qindex 23:22 GMT June 15, 2009
Sell EUR/CHF
Entry: Target: Stop:

usa bay 23:17 GMT - EUR/CHF : The supporting range at 1.4951 - 1.4960 is going to be challenged.

Hong Kong Qindex 23:18 GMT June 15, 2009
Sell
Entry: Target: Stop:

GBP/JPY : the market is going to consolidate within 157.27 - 160.44 in the Asian session. Sell on rallies is the preferred trading strategy.

usa bay 23:17 GMT June 15, 2009
Hong Kong Qindex,

Dr Q, any view on eur/chf pls. Tia

Hong Kong Qindex 22:59 GMT June 15, 2009
Sell EUR/USD
Entry: Target: Stop:

EUR/USD : The market will consolidate within 1.3731 - 1.3849 in the Asian session. Sell on rallies is the preferred trading strategy.

Santorini Alexis 22:58 GMT June 15, 2009
It has been a while since we have seen such a bullish USD. Pre-march period for sure.

Lahore FM 22:49 GMT June 15, 2009
Ginko,a notch above 1.63.

gtgl!!!

tokyo ginko 22:41 GMT June 15, 2009
Morning FM,

Great, meet you at the 1.58 station! Where are u seated?

GT

Syd 22:28 GMT June 15, 2009 Reply   
AUD/USD could be set to test fresh lows as USD strength should hold up near term and commodity prices soften, says Bank of New Zealand FX strategist Danica Hampton. Notes if pair breaks 0.7907, could slip toward 0.7848. RBA minutes in focus for traders, due 0130 GMT, especially for details on possibility of further easing.

Lahore FM 22:22 GMT June 15, 2009
za,thanx for the perspective!!

much appreciated!

Stockholm za 22:15 GMT June 15, 2009 Reply   

A bigger picture without fundamentals >>
Spot price now 1,3791
Channel containment of the daily 100P tracker gives touch parameters as 1,3523 & 1,4663, if the long term objective is to take/close out the 1,48Band with a continuous trend we will need a deeper correction of daily closes under the 1,365band,
Today’s close is extremely negative from a tech stand point, staying under the 1,39 should produce some good sideways short-term development structures on the lower tenors In front of the 1,35band.
Re-evaluation of the topside objective will kick in with closes and spikes in the 1,343band. Opening of this gateway will expose the base down in the 1,24band.
Have happy trades….

Lahore FM 22:08 GMT June 15, 2009
gbpusd long order removed.now looking for a plunge to 1.5800 next 24 hours.

Santorini Alexis 22:04 GMT June 15, 2009 Reply   
What do you think about tonight's minutes in Aus? Do you believe that the market has priced in a dovish statement?

Syd 21:57 GMT June 15, 2009 Reply   
NEW Zealand central bank governor Alan Bollard calls his currency's exchange rate against the US dollar "unhelpful" and "a real risk to us" as the nation endures its deepest recession in three decades
http://www.theaustralian.news.com.au/business/story/0,28124,25641087-36418,00.html

Santorini Alexis 21:49 GMT June 15, 2009 Reply   
No videos for today?

Lahore FM 21:39 GMT June 15, 2009
audnzd 1.2600,looks like a good longa gain on dailies.

Syd,has your hand healed okay?

Lahore FM 21:24 GMT June 15, 2009
Anything for Christmas in summer Syd!!

Syd 21:16 GMT June 15, 2009 Reply   
The Herald Sun also reports that CBA is holding a lavish party - styled around a pre-Depression 1920s gangster theme - at the Sheraton on the Park in Sydney this week, believed to cost the bank up to half a million dollars.
A CBA spokesman said the function was in lieu of head office staff's Christmas party. good one !!

Santorini Alexis 21:08 GMT June 15, 2009
Yes, that's the one I was talking about.

Lahore FM 21:06 GMT June 15, 2009
Alex,i have no position on gbpusd,long or short ..merely a long order at 1.6172 bid stops at 1.6120.

Santorini Alexis 20:57 GMT June 15, 2009
You are still long right? That means you are keeping it for higher than 1.6300 targets right? thanks.

Netherlands Bob 20:44 GMT June 15, 2009 Reply   

PURKOVSKY was 100% right, I had just a broken watch fluke ... my target is peace of mind, realizing that people not always pick the issue as one wants to deliver ... mouses looking for free meals are bad luck and delivering diseases and currently walking all around, whole families of them ... me, that's the last post on Global View's FX forum ... money makes people to stink, but really to stink ... so stink that the stink comes out their soul !!! ... peace to all !!!

_______________________________
06/11/2009 19:28:42 Purk Hillegom
Ozmond needs a correction: 0,78158 is the first hick up.


06/11/2009 19:37:00 Bob Netherlands

agree about the ozzie, around 0.7950 I will set the target for this round ... g/l g/t
________________________________

Lahore FM 20:41 GMT June 15, 2009
Alex,from 1.6172 expecting 1.6300 again.gbpusd can go as low as 1.55 if not lower.

Santorini Alexis 20:22 GMT June 15, 2009
FM, any targets for gbpusd? thanks

GVI Forex john 20:20 GMT June 15, 2009

Click on Hyperlinks below for Updated Charts

Syd 20:07 GMT June 15, 2009 Reply   
http://www.cnbc.com/id/31364629

More Pain Ahead For US Economy: Roubini, Shiller
http://www.cnbc.com/id/31371062

GVI Forex john 19:32 GMT June 15, 2009

NEW! GVI Forex Chart Gallery. Printable FX Charts

Click for Complete Chart Points

Santorini Alexis 19:02 GMT June 15, 2009
thanks FM, glgt

Lahore FM 18:59 GMT June 15, 2009
Alex,on charts 0.7500 likely.i am in two minds though about lower half if i shud close and let 0.8350 earlier half run only.will see!

Santorini Alexis 18:56 GMT June 15, 2009
FM, audusd 1/2 position still running for 0.75? thanks

madrid 18:48 GMT June 15, 2009 Reply   
That s ok Syd.

Real madrid bought Kaka and Ronaldo.

If they stay fit, they will be worth more that the whole financial system in Spain soon...

LOL

8-)

Gen dk 17:31 GMT June 15, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Lahore FM 17:04 GMT June 15, 2009
housing NAHB data not pretty.we are yet to see a full scale run out of carry of last few months!!

Syd 16:58 GMT June 15, 2009 Reply   
Moody's Investors Service cuts its bank financial-strength ratings on 30 Spanish companies because their asset quality has fallen amid the recession, a month after warning such a move could come.

Lahore FM 16:41 GMT June 15, 2009
Mailman,i think we keep under 1.6300 and go to 1.6170 from where something can be seen by way or recovery.i guess you can get a more precise value from other members just for ny session.

Richland QC Mailman 16:38 GMT June 15, 2009
Hi FM, good US morning. Do you have any idea until what point euro and gbp will stop bleeding at least before US session closes? thanks

Gen dk 16:29 GMT June 15, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Lahore FM 16:28 GMT June 15, 2009
Buy gbpusd
Entry: 1.6172 bid Target: Stop: 1.6120

1.6172 bid orders in for long.

Richland QC Mailman 16:25 GMT June 15, 2009
last gbp/usd long before going to sleep - 1.6258/62. Seems it is time now for some northern winds. whew whew...

Long euro 1.3788 earlier. Oh no...

Gen dk 16:13 GMT June 15, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Amman wfakhoury 15:57 GMT June 15, 2009 Reply   
Amman wfakhoury 07:38 GMT June 15, 2009
gbp.usd bottom correction: Reply
the expected bottom for today around 16260

-------
my sys can predict the accurate coming price.

Syd 15:55 GMT June 15, 2009 Reply   
http://www.cnbc.com/id/31368564

Syd 15:50 GMT June 15, 2009 Reply   
CONSUMER confidence has turned into consumer depression, a survey of countries in the Asia-Pacific has found.

GVI Forex john 15:39 GMT June 15, 2009
This is an active week on the data front. The BOJ policy decision is due Tuesday in Japan. No rate changes are in the cards, but the economic assessment of the central bank is key. Critical inflation data from the U.K., E-Z and U.S. will be closely monitored as a pick up in prices could start to put a halt to excessive policy ease. The volatile German ZEW survey is always important. U.S. housing and industrial Production data are important clues to future of the economy.

TUESDAY:
Far East/Europe:
JA- BOJ Decision- important- BOJ policy decision. No rate change likely. Focus on Policy assessment.
CH- Industrial Orders- important- measure of production.
UK- CPI/RPI- very important- BOE targets inflation. Impetus for policy change starts here. Seen contained. DE- ZEW Survey- important- Key sentiment survey, but volatile. Seen mixed.
EZ – HICP- very important- ECB targets inflation. Seen contained.

North America:
US- PPI- important- Key ininflation measure. Seen contained.
US- Housing Starts/Permits- important- Key future supply measure. Growth seen.
US- Ind Prod/Cap util- important- Key production figures. Seen mixed.

Upcoming Major Releases:
Wednesday:
UK- employment
US- Mortgage stats, CPI, Current Account
Thursday
UK- Retail Sales
CA- CPI
US- initial Claims, Philly Fed
FRIDAY
CA- Retail Sales

GENEVA JFO 15:37 GMT June 15, 2009 Reply   
Buy eurusd
Entry: 1.3786 Target: 1.4300 Stop: later

good buy level for revisiting the highs....

GT ALL :=)

tokyo ginko 15:07 GMT June 15, 2009
due to train delay, it has to accelerate to make schedule...

Syd 15:03 GMT June 15, 2009 Reply   
CB: Risks To Euro Zone's Financial Stability Remain High
ECB: Possible Further 09-10 Losses Of Euro Zone Bks EUR283B
Fed's Evans: Bond Yields Up Due To Improved Economic Outlook

ECB: Market, Policy Makers Must Remain Especially Alert
ECB: Still Uncertainty About Shock-Absorbing Capacity Of Bks

London SFH 14:49 GMT June 15, 2009
Thks Purk

Yes still long of dollars across the board-taken some profit and jigged about-doesnt really matter as like all here I am marked to market and make a decision each day to run or close..gl/gt

Jufair KaL 14:48 GMT June 15, 2009 Reply   
gbpcad wants 1.88 +
gbpnzd 1.61

Jufair KaL 14:48 GMT June 15, 2009 Reply   
gbpcad wants 1.88 +
gbpnzd 1.61

Amsterdam Purk 14:46 GMT June 15, 2009 Reply   
Hillegom Purk 19:51 GMT June 12, 2009
SFH: Reply
I trust that SFH made lotsa money today in cable.


Ozmond dollar: closed a lot but keeping that 8186 thingy for that 0,78158....


Closing half of what i own in Ozmond. Rest is at 0,80500. 100-200+ profit is enough. Only 130 to go to that 0,78158...

Jufair KaL 14:34 GMT June 15, 2009
audusd wants .7730 i think
i shorted mkt
s/l .8070

usdchf 1.11 from here

Jufair KaL 14:22 GMT June 15, 2009 Reply   
from 1.1220 area
tgt 1.1630
s/l at 1.1157
using 15 minutes

Richland QC Mailman 14:19 GMT June 15, 2009
our dear Cable needs to penetrate 1.6430, though I am looking to close my long possies before this.

On euro- new low then going north, then rejected again. 1.3880 needs to be cleared. oh boy, this day...

Lahore FM 14:17 GMT June 15, 2009
06/11/2009 17:36:53 FM Lahore 2853
correction*

06/11/2009 17:35:26 FM Lahore 2852

Sell eurusd
Entry: 1.4154* Target: Stop:
small short eurusd 1.4154*,stops 1.4275*.looking for much lower levels below 1.38.
--
rest out at 1.3845 for +310.

Amman wfakhoury 14:11 GMT June 15, 2009 Reply   
still in sell levels...did not enter buy levels yet.

Richland QC Mailman 14:05 GMT June 15, 2009
kind of mesmerized here as price action seems to be erratic. I am both gbp and eur long. Did not post the possies earlier. Could not post the results as there could be members who might get confused again.

sofia kaprikorn 13:49 GMT June 15, 2009 Reply   


it is interesting if we see 1.60-1.58 Support cluster tested again --- logically the rotation of the 1.66 - 1.60 down the pivotal support should see 1.54 - ultimately there is the 200-day MA now at 1.5375

Jufair KaL 13:39 GMT June 15, 2009
qc
yes and thanks
was long
thought maybe it will continue
i guess has some un finished stuff from the 15 minutes
this coming fall might last another 30 hrs
before the major north
now i am short till 1.62

i think eurusd
wants less then
1.3730 before the rallie north
u agree? TIA

sofia kaprikorn 13:30 GMT June 15, 2009 Reply   


if neckline around 1.38 breaks - immediate target is near 1.35

Richland QC Mailman 13:21 GMT June 15, 2009
hi kal, good Asian evening. do you have an existing position on cable?

Jufair KaL 13:17 GMT June 15, 2009
1.6120 is possible before then north wind blows
heheh

Jufair KaL 13:02 GMT June 15, 2009
will short ir 1.6445 to 1.6470
s/l at 1.6505
tgt
wishing for 1.6210

London C 13:00 GMT June 15, 2009
Weak eur/gbp is supporting gbp/usd

Santorini Alexis 12:56 GMT June 15, 2009
wfwakhoury: medium term trade

Richland QC Mailman 12:54 GMT June 15, 2009
This is really really cool for the cable electric charges! especially the one who bought it at 1.6357 and patiently waited for things to turnaround - while most are anticipating further decline to 1.6260's.

Jufair KaL 12:52 GMT June 15, 2009 Reply   
very dangerous point..could drop to 1.62
will long latter

Syd 12:51 GMT June 15, 2009 Reply   
The BRIC meeting this week won't be much of a risk to the dollar, say most analysts, particularly after Russia notably softened its tone on reserve diversification from the buck. Fin Min Kudrin said over the weekend that the USD and Treasurys remains attractive. "We expect most of the discussion to focus on improving trade ties among the BRICs and urging further reform of the international financial architecture," said Peter Berezin of Goldman Sachs.

Amman wfakhoury 12:49 GMT June 15, 2009 Reply   
Santorini Alexis 12:32 GMT June 15, 2009
----
you are welcome.
what m/t means

Santorini Alexis 12:32 GMT June 15, 2009
Amman wfakhoury 05:56 GMT June 15, 2009

Thank you very much. It's a m/t trade though.

Hong Kong Qindex 12:29 GMT June 15, 2009
GBP/CAD : Upside Targeting Points = 1.8579 - 1.8667

Oxford ij 12:26 GMT June 15, 2009 Reply   
Sell GBP/JPY
Entry: 160.70 Target: 147 Stop: 163


good luck

Hong Kong Qindex 12:21 GMT June 15, 2009
Sell GBP/JPY
Entry: Target: Stop:

GBP/JPY : Downside Targeting Points = 157.89 - 159.06

Hong Kong Qindex 12:13 GMT June 15, 2009
Sell EUR/GBP
Entry: Target: Stop:

EUR/GBP : Downside Targeting Points = 0.8426 - 0.8430

Hong Kong Qindex 12:08 GMT June 15, 2009
EUR/GBP
Entry: Target: Stop:

EUR/GBP : The following is still valid :-


06/11/2009 12:59:49 Qindex Melbourne 29

EUR/GBP
Entry: Target: Stop:
EUR/GBP : A significant supporting range is positioning at 0.8426 - 0.8468.

Syd 11:59 GMT June 15, 2009 Reply   
LINK

GVI Forex john 11:49 GMT June 15, 2009
Survey Results
This is a sentiment survey, so the more who participate the better! Thanks to all!

The bias of the €/$ sentiment survey is for weakness, in line with recent trading patterns. As usual, USD values should be strongly influenced by equity trading patterns, and those betting against shares in recent moths have had a difficult time. This will be an active week on the data front with a lot of inflation measures due.

Lows cluster: 1.3770-1.3810
Highs cluster: 1.3930-1.3980

high	low	close	spread		high	low
1.3905	1.3650	1.3710	0.0255		1.3905	1.3650
1.3905	1.3770	1.3816	0.0135		1.3905	1.3770
1.3930	1.3780	1.3820	0.0150		1.3920	1.3780
1.3940	1.3800	1.3840	0.0140		1.3930	1.3800
 spot = 1.3945
1.3930	1.3810	1.3850	0.0120		1.3930	1.3800
1.3920	1.3805	1.3855	0.0115		1.3940	1.3805
1.3970	1.3800	1.3910	0.0170		1.3970	1.3810
1.3980	1.3852	1.3930	0.0128		1.3980	1.3852
  AVERAGES >>>
1.3939	1.3802	1.3860	0.0137	 		

London GB 11:45 GMT June 15, 2009
1.3920-1.3805-1.3855

watch shares

Jerusalem ML 11:42 GMT June 15, 2009 Reply   
cable.
Entry: Target: Stop:

1.6250 on the cards for cable
Crosses- 158 tgt by wednesday on cable/jpy.

GL

SH HL 11:36 GMT June 15, 2009
imo cable is ready to go up, euro is pending a better tech setup/

Livingston nh 11:34 GMT June 15, 2009
1.3905 - 1.3650 - 1.3710 // first test last wks low and then the 55dma

Chicago SC 11:34 GMT June 15, 2009
1.3930-1.3810 1.3850

jkt-aye 11:20 GMT June 15, 2009 Reply   
would dow help eur to attack 1.3940 ?

London C 11:15 GMT June 15, 2009
1.3905-1.3770-1.3816

GVI Forex Jay 11:14 GMT June 15, 2009
Mailman,as you know, we maintain an open door policy and appreciate any and all feedback from our members. In this regard, please send it to EMAIL

Wall Street 11:14 GMT June 15, 2009
1.3800-1.3970 1.3910

Richland QC Mailman 11:11 GMT June 15, 2009
Hi Jay. As a practical suggestion, we can ask our dear members how useful the forecast has been since the survey was launched. In what ways were the previous euro forecasts helped the members with respect to their trading decisions? Honest feedback from our members can be valuable in your evaluation whether the survey is achieving its objectives or not.

As always, thanks for always drawing feeback from us.

Hong Kong Qindex 11:05 GMT June 15, 2009
Sell EUR/USD
Entry: Target: Stop:

EUR/USD : The following is still valid :-


06/12/2009 14:14:12 Qindex Melbourne 9

Sell EUR/USD
Entry: Target: Stop:
EUR/USD : The odds are good that the market will tackle the supporting ranges at 1.3744 // 1.3759 and 1.3800 // 1.3826 within the next few trading sessions.

NYC JM 11:02 GMT June 15, 2009
1.3930-1.3780-1.3820

Focus shifts to US stocks

Hong Kong Qindex 11:01 GMT June 15, 2009
GBP/USD : The following is still valid :-


06/12/2009 14:01:42 Qindex Melbourne 9

Sell GBP/USD
Entry: Target: Stop:
GBP/USD : The odds are good that the market will tackle the following targeting points, 1.6155 - 1.6177 - 1.6183, within the next few trading sessions.



06/11/2009 04:33:58 Qindex Melbourne 27
GBP/USD : The following is still valid :-



06/10/2009 07:15:25 Qindex Melbourne 1698

GBP/USD
Entry: Target: Stop:
GBP/USD : A projected resistant level is positioning at 1.6663 - 1.6686. Speculative buying interest will increase when the market momentum is strong enough to trade above 1.6697. In the mean time one can assume that a range trading is still intact when it is consolidating within 1.6049 - 1.6583. Buy on dips is the preferred trading strategy when the market is above the neutral zone at 1.6049 - 1.6067 - 1.6183. On the other hand speculative selling pressure will increase when the market is trading below 1.6003. Projected supporting points are located at 1.5795 - 1.5801 - 1.5823.


Trading Reference : ... 1.5703 - 1.5763 // 1.5823* - 1.5943 - 1.6063* - [1.6183] - 1.6303* - 1.6423 - 1.6543* // - 1.6603 - 1.6663 ...


Note : The market rhythm is represented by ~ 240 pips i.e. 1.6543* - 1.6303* = 0.0240, 1.6063* - 1.5823* = 0.0240.


The above projected series was governing the market movement for th last eight trading days. One can esily follow it until the market is above 1.6663 or below 1.5703.

London SFH 10:53 GMT June 15, 2009
H 1.3940 L1.3800 C 1.3840

GVI Forex john 10:51 GMT June 15, 2009
1.3980-1.3852 1.3930

GVI Forex Jay 10:49 GMT June 15, 2009 Reply   

Entry: Daily EUR/USD Poll Target: Stop:

If you want to continue seeing this daily poll, we need you to participate. Also, if you have suggestions for improving the poll, we would appreciate your feedback


Post your forecast for the EUR/USD range for the NY session start until today’s close and a line for your rationale.

Click on “reply” to post your forecast and keep it in the same thread

Please post you forecast in the following format: High-low-close
Note poll closes at 11:45 GMT. This daily poll works best when you participate!

Jufair KaL 10:49 GMT June 15, 2009 Reply   
audcad longed a while a go
adding now
.94 soon imo

Syd 09:57 GMT June 15, 2009 Reply   
Calyon advises selling AUD/USD to target 0.7520, with a stop-loss at 0.8267 (spot now 0.8009). Relative economic stability has helped AUD, but the currency has "gone too far relative to the move in interest rates", it says. This points to downside risks in the weeks ahead. AUD has also overshot what is implied by commodities, and already long positioning could restrain any further gains, it adds.

GVI Forex john 09:50 GMT June 15, 2009 Reply   

Click on Hyperlinks below for Updated Charts

Gen dk 09:34 GMT June 15, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

HK RF@ 09:25 GMT June 15, 2009 Reply   
Gold may have seen it's low for today at 930.70. A break below 929 may negate this view.

Syd 09:02 GMT June 15, 2009 Reply   
The number of people in work in the 16 countries that use the euro fell by 1.2 million during the first three months of 2009, the largest decline since records began in 1991, data showed Monday.

tokyo ginko 08:57 GMT June 15, 2009
sorry the train was late

Syd 08:42 GMT June 15, 2009 Reply   
The latest IMM data shows a speculative build-up of long AUD and CAD positions against the USD says Bank of Scotland. This positioning now looks stretched, and with no Chinese data on tap this week commodity currencies, which the bank says importantly recorded a lower-high last week, are vulnerable to a deeper correction.
Bank of Scotland

Jerusalem ML 08:30 GMT June 15, 2009 Reply   
GBP
Entry: Target: Stop:

Hi All

Wanna make 50 pips in 30 min ??
Sell gbpusd at 6350 for 63 tgt and below by midday

GL

Richland QC Mailman 08:20 GMT June 15, 2009
closed 1/2 of 1.6316/20 longs just below 1.6360. Rest still open.

Jerusalem ML 08:11 GMT June 15, 2009 Reply   
JPY
Entry: Target: Stop:

Hi all

My bet of the day -
short gbpjpy around 160.60 , tgt 158 by tomorrow.

GL

Richland QC Mailman 08:03 GMT June 15, 2009
when the price retraced to 1.6316, bought again some gbps earlier. Possies already doubled. positive divergence seen.

Syd 07:53 GMT June 15, 2009 Reply   
If the dollar strengthens then the BRIC countries will be happy. The Europeans would also be happy because a stronger EUR/USD is acting as a rate hike and that's not helpful at present. And the U.S. would like a stronger dollar because the world would keep on buying U.S. Treasuries.Former Federal Reserve chairman Paul Volker recently said it's important that the dollar maintain its purchasing power both at home and abroad. And the Europeans are unlikely to disagree with that, says Barclays Capital.

Amman wfakhoury 07:50 GMT June 15, 2009 Reply   
Richland QC Mailman 07:45 GMT June 15, 2009
--------
could be...will see if 16260 is good for buy..when reach it.

Richland QC Mailman 07:45 GMT June 15, 2009
wfak, your expected 1.6260 bottom coincides with the Support Level # 2 for cable today. hmmm, I think that would be a nice level to go long. That would be -270 pips from 1.6530 high (after it ralled from 1.6335's) last Friday.

Richland QC Mailman 07:39 GMT June 15, 2009
pulled the trigger 1.6316/20 long.

Amman wfakhoury 07:38 GMT June 15, 2009 Reply   
the expected bottom for today around 16260

London Misha 07:35 GMT June 15, 2009 Reply   
USDJPY - Golden Cross of Short MA up through Medium MA.
USDCHF - Dead Cross of Medium MA down through Long MA.
EURGBP - Possible Bullish Doji on Daily Chart.
NZDUSD - Possible Bearish Doji on Daily Chart.

Amman wfakhoury 07:27 GMT June 15, 2009 Reply   
Richland QC Mailman 07:24 GMT June 15, 2009
----
thks mailman..my trading levels always are very accurate.
specialy when traded according my rules.

Richland QC Mailman 07:24 GMT June 15, 2009
wfak, looks like your map is accurate today trading pal. job well done. liquidated my earlier cable longs for +12pips.

Hong Kong Qindex 07:23 GMT June 15, 2009
GBP/JPY : the market is under pressure when it is below 160.08. Speculative selling pressure will increase when the downward trending momentum is strong enough to penetrate through 159.13.

Amman wfakhoury 07:18 GMT June 15, 2009 Reply   
Amman wfakhoury 06:49 GMT June 15, 2009
gbp.usd: Reply
future reading will touch again 16330
-----
well done

Amman wfakhoury 07:10 GMT June 15, 2009 Reply   

Richland QC Mailman 06:55 GMT June 15, 2009
gbp.usd: Reply
wfak, good afternoon. In your map, what could be the possible bottom of gbp/usd this european session? thanks


expected 16230 -16220 for the coming 24 hours.
but you must follow my trading sys to confirm your entry each time.

jkt-aye 07:03 GMT June 15, 2009 Reply   
helping others surely will make you happy.

oil heading toward 69.28 ?

Amman Fak ed -Hourly 06:56 GMT June 15, 2009 Reply   
Amman wfakhoury 06:49 GMT June 15, 2009
future reading: You will be back riding the camels again....

Richland QC Mailman 06:55 GMT June 15, 2009
wfak, good afternoon. In your map, what could be the possible bottom of gbp/usd this european session? thanks

Amman wfakhoury 06:49 GMT June 15, 2009 Reply   
future reading will touch again 16330

Amman wfakhoury 06:38 GMT June 15, 2009 Reply   
Amman wfakhoury 05:01 GMT June 15, 2009
audusd: Reply
Alexis
audusd is heading twd .8020

----
well done

Richland QC Mailman 06:34 GMT June 15, 2009
I am already long Kal 1.6329.

Jufair KaL 06:19 GMT June 15, 2009 Reply   
longing at 1.6314 area

Syd 06:19 GMT June 15, 2009 Reply   
"Players are becoming bearish on the euro as their attention shifts from U.S. economic fundamentals to European economic fundamentals," said Hiroshi Maeba, a senior dealer at Nomura Securities.The yen, meanwhile, strengthened against the dollar on concern that during a summit meeting in Russia leaders of the so-called BRIC nations - Brazil, Russia, India and China - might express their dissatisfaction with the dollar as a global reserve currency.Russian Finance Minister Alexei Kudrin said in an interview in Leece, Italy that "it's too early to speak of an alternative" to the dollar.But some traders in Tokyo said there are still worries that those countries may push harder for a world currency to replace the greenback, hurting the dollar.During Asian hours Monday, buying by Japanese importers lent some support to the U.S. currency, traders said.Elsewhere, the New Zealand dollar declined against the yen and the U.S. dollar on speculation New Zealand authorities might step up its rhetoric against the strong kiwi on worries that would hurt the country's economy. wsj

HK Kevin 06:18 GMT June 15, 2009
Today's t/p for my short GBP/USD 1.6620 is around 1.6240. Will take profit there and stop now at 1.6499.

Syd 06:09 GMT June 15, 2009 Reply   
EUR slipping further with several senior dealers in Tokyo citing a report carried in London's Telegraph newspaper during Asian hours of an earlier Der Spiegel story that a DIHK survey of German industry, to be released this week, shows over a third of all large companies are still seeing credit conditions tighten further, if they can borrow at all; Der Spiegel report adds terms are now tougher than they were at height of global crisis over the winter. "Players are becoming bearish on the euro as their attention shifts from U.S. economic fundamentals to European economic fundamentals," says Nomura Securities senior dealer Hiroshi Maeba.

Amman wfakhoury 06:07 GMT June 15, 2009 Reply   
Amman wfakhoury 14:04 GMT June 12, 2009
gbp.usd: Reply
will touch again 16340

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my sys can read the future price

Amman wfakhoury 05:56 GMT June 15, 2009 Reply   
Santorini Alexis 05:08 GMT June 15, 2009
audusd: Reply
Thanks wfakhoury. gl/gt

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preferable to exit here around 8035

Hong Kong Qindex 05:53 GMT June 15, 2009
jkt-aye 03:57 GMT - GBP/JPY : The key is GBP/USD.

Syd 05:35 GMT June 15, 2009 Reply   
Westpac Bank Market Strategist Imre Speizer said the effects of the pause decision had dissipated, "helped by the RBNZ's stated displeasure at strength in the NZD."

Westpac believes the June 3 peak of US$0.6595 was the start of a multi-week decline in the New Zealand dollar.

"We would expect to reach at least US$0.6200 this week, and US$0.5950 further out."

Speizer said global recovery expectations were too high, "and we are now witnessing disappointments, such as around Friday's Michigan consumer confidence report," which showed just a modest rise in sentiment in June from May.As well, he said too many market participants had gone short on U.S. dollar, increasing the prospect of a reaction in the opposite direction.

dc CB 05:10 GMT June 15, 2009 Reply   
just a feeling. But looking at the numbers tonight, I don't think the Iran thing went over that well, investmentwise

Santorini Alexis 05:08 GMT June 15, 2009
Thanks wfakhoury. gl/gt

Richland QC Mailman 05:06 GMT June 15, 2009 Reply   
Buy gbp/usd
Entry: 1.6375 Target: Stop: 1.6350

Established some contra-trend longs for a very short-term trade, looking for a boundce from 1.6360 S1.

Amman wfakhoury 05:01 GMT June 15, 2009 Reply   
Alexis
audusd is heading twd .8020

Santorini Alexis 04:53 GMT June 15, 2009
Thanks Syd, appreciated. Do you have any targets in your mind regarding audusd? gl/gt

Syd 04:50 GMT June 15, 2009 Reply   
Santorini Alexis 04:27 Aussie will no doubt come off in the next few days , minutes out tomorrow RBA may sound dovish to encourage lower AUD rate cut still on the cards and the news out of NSW cant be doing it anygood China wont be very happy campers and Australia are rubbing them up the wrong way. GT

dc CB 04:36 GMT June 15, 2009 Reply   
Say what

Santorini Alexis 04:27 GMT June 15, 2009
Hello Syd, hope everything is ok at your end. Can you please throw some light in aud pairs? I guess that fundamentally, nothing seems to be aud positive. You are definitely more familiar with this than I am. Thanks.

Syd 04:20 GMT June 15, 2009 Reply   
ALMOST $4 billion worth of government goods and services will have to be sourced from Australian companies first in a ban on "made in China" products which is to be imposed in tomorrow's State Budget. The Daily Telegraph can reveal that all NSW Government departments and agencies will be forced to protect Australian jobs by giving preference to locally made products.
With NSW now recording the highest unemployment rate in the country at 6.4 per cent, the protectionist measure will apply to all goods and services not included under existing Free Trade agreements and will be worth almost $4 billion in goods and services supplied to the NSW Government.
http://www.news.com.au/dailytelegraph/story/0,22049,25636172-5001021,00.html

Business loans dive
Total borrowings by companies fell almost 13 per cent in April as the prospects of an economic downturn deterred corporate investment. Total commercial finance fell 12.9 per cent, seasonally adjusted, to $27.066 billion in the month, from $31.086 billion in March, the Australian Bureau of Statistics (ABS) said. Overall personal finance commitments, though, rose 0.2 per cent in April, seasonally adjusted, to $6.270 billion, from $6.260 billion in March, the ABS said. finance for owner occupation was one area of growth, rising 1.9 per cent to $16.050 billion in April from $15.750 billion in March.Lease finance fell 8.4 per cent in April to $422 million, compared with $461 million in March.
AAP,

jkt-aye 03:57 GMT June 15, 2009
Good Morning Dr Q,

which one will have more power to push gbpjpy down, gbp or jpy ? i guess target is 159.21 - 158.62 - 157.73 - 150.50. tia

Hong Kong Qindex 03:19 GMT June 15, 2009
GBP/CAD
Entry: Target: Stop:

GBP/CAD : The market is consolidating within the weekly cycle pivot centers of 1.8105 - 1.8433.

Santorini Alexis 01:57 GMT June 15, 2009
calm before the storm?

tokyo ginko 01:56 GMT June 15, 2009 Reply   
hi morning all...

awfully quiet today..

dc CB 01:13 GMT June 15, 2009 Reply   
options expiry this week.
largest open interest is at the 900 strike.
Calls
SXBFT 44.00 219,657
Puts
SXBRT 1.80 210,972

next highest is not 950 but 850
Calls
SPXFJ 95.00 127,975
Puts
SPXRJ 0.55 175,657

Richland QC Mailman 00:28 GMT June 15, 2009
closed all possies: euro and gbp/usd shorts; usd/cad longs all positive pips delivered. flat for now. would see action before European / London open later.

Hong Kong Qindex 00:15 GMT June 15, 2009
Sell GBP/JPY
Entry: Target: Stop:

GBP/JPY : the market is under pressure when it is below 161.28.