Syd 23:32 GMT July 16, 2009
Reply
A report published yesterday following a staff mission to Britain in May, the IMF said that a "credible plan" was needed to reverse the rapid deterioration of the public finances if confidence in the UK was to be upheld. LINK
Foreclosure Filings in U.S. Reach Record 1.5 Million LINK
Syd 22:19 GMT July 16, 2009
Reply
"Despite media efforts to portray China's U.S. Treasury portfolio holdings as a looming crisis, the [TICs] data does not bear this out. Bottom line: the big global reserve managers are not dumping USD assets," Win Thin of BBH.
Gen dk 21:08 GMT July 16, 2009
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Lahore FM 20:44 GMT July 16, 2009
Lahore FM 16:29 GMT July 16, 2009
Trade Ideas: Reply
Buy eurjpy
Entry: 132.17 Target: 134.60 Stop: 131.40
added secondary longs here as well.
--
half closed 132.87 now.stops stay.
Tonbridge AL 20:34 GMT July 16, 2009
Reply
SETUP VIDEOS EUR/USD and GBP/USD --VIEW THEM NOW
Daily Trading Videos to set up positions for the next day (videos prepared by Denver/Tonbridge Al). Click on the Thursday link on the new video homepage for each video to view Friday's setup. All other daily links work so you can also review the past week's drama as well.
EUR/USD Video
GBP/USD Video
Syd 20:21 GMT July 16, 2009
Reply
Tim Geithner, US treasury secretary, sought to assure Gulf nations on Tuesday about their holdings of treasury bills when he told Saudi business leaders that his country “has a special responsibility to play” in defending the value of the dollar.
http://www.ft.com/cms/s/0/37725454-706c-11de-9717-00144feabdc0.html?nclick_check=1
GVI Forex john 20:10 GMT July 16, 2009
Click on
Hyperlinks below for Updated Charts
Hillegom Purk 19:05 GMT July 16, 2009
This one will require lotsa patience, adding thinning and so on... but in the end, YES
GVI Forex john 19:02 GMT July 16, 2009
Hard to believe market is reacting to Rubini comments. He said the worst is behind us economically.
Hillegom Purk 18:39 GMT July 16, 2009
Good, the harder they come, the harder they fall , Joe Jackson.
GVI Forex john 18:36 GMT July 16, 2009
Looks like EUR/USD following shares higher.
Hillegom Purk 18:31 GMT July 16, 2009
Reply
Sell, and chances to add: first is devided in 2: 80443.
Como Perrie 16:45 GMT July 16, 2009
Reply
am off for the day for technical problems with the charting sw
Lahore FM 16:29 GMT July 16, 2009
Buy eurjpy
Entry: 132.17 Target: 134.60 Stop: 131.40
added secondary longs here as well.
Lahore FM 16:27 GMT July 16, 2009
Buy eurusd
Entry: 1.4117 Target: 1.4260 Stop: 1.4080
added secondary longs now
Richland QC Mailman 15:27 GMT July 16, 2009
looks like we are becoming "marobuzo" traders here. hehehe
GVI Forex john 15:13 GMT July 16, 2009
Friday will be a moderately active session for data releases. In Europe, the EZ trade data will be released. This is a key report, but usually does not move the markets. In North America, the Canadian CPI data are always closely watched as the BOC targets the Canadian inflation. Currently inflation is not an issue. In the U.S., building permits and housing starts will be released. We are much more interested in housing sales than new construction as excess inventories still have to be worked down.
FRIDAY:
Far East/Europe:
EZ- Trade- important- indication of strength of economy. Seen stable.
North America:
CA- CPI- very important- BOC targets inflation. Seen contained
US- Building Permits/Starts- very important- Key housing indicator. Seen steady.
Upcoming Major Releases:
TUESDAY
CH- Trade
CA- BOC Decision
WEDNESDAY
AU- CPI
EZ- Ind Orders
CA- Retail Sales
JA-Trade
|
9:00
|
EZ
|
May
|
Trade EURb
|
Cons: +2.7
|
Last: +2.7
|
|
11:00
|
CA
|
Jun
|
CPI yy
|
Cons: -0.3%
|
Last: +0.1%
|
|
11:00
|
CA
|
Jun
|
BOC CPI yy
|
Cons: +1.9%
|
Last: +2.0%
|
|
12:30
|
US
|
Jun
|
Bldg Permits
|
Cons: 520K
|
Last: 518K
|
|
12:30
|
US
|
Jun
|
House Starts
|
Cons: 525K
|
Last: 532
|
London C 14:33 GMT July 16, 2009
Fells like a Friday. The Phila Fed report was below forecasts but within range of expectations. Moves feel out fo steam but depends on equities. EUR trading in 1.4095-35 but stops exhausted on top unless new high made.
GVI Forex Jay 13:46 GMT July 16, 2009
Reply
Philly Fed survey at 14:00 GMT
See Countdown Clock (above) for consensus forecast and latest result.
Range of forecasts is +1 to -8
Juffair KaL 13:14 GMT July 16, 2009
Reply
usdjpy
95.0810 93.8468 Asia
94.8926 93.6609 NY
good buy here
usdcad
1.1155 1.0970 Asia
1.1207 1.1021 NY
good sell here
========
cable
1.6567 1.6386 Asia
1.6537 1.6356 NY
=========
audjpy
77.4384 75.2086 Asia
76.9725 74.7561 NY
major buy
Juffair KaL 13:08 GMT July 16, 2009
gbpjpy
157.2173 154.1053 Asia
156.6165 153.5164 NY
he likes 1.62 next week
Juffair KaL 13:00 GMT July 16, 2009
cable for
asia session after ny
1.6569 1.63838
he likes to go 1.68 next week
Juffair KaL 12:53 GMT July 16, 2009
Reply
at 2.0494
tgt 2.0278
London SFH 12:48 GMT July 16, 2009
THanks for the invite habibi-already got the ticket...gl/gt
GVI Forex john 12:42 GMT July 16, 2009
Despite talk of seasonal distortions, pattern is striking. Question is how much do we have to give back in future weeks?
Click on chart for five-year history
Amman wfakhoury 12:38 GMT July 16, 2009
Reply
you are invited to go with gbp.usd till 16520-50
Como Perrie 12:27 GMT July 16, 2009
Reply
As I see there are at least 2 big TARPS, there s the US one covering big companies and waiting for payouts or earnings per share to cover up the natinal money debt used. and there's the Eurozone TARP covering toxic loans buoyed from smaller central banks all over eurozone so to avoid bankrupticy.
Which one will work better just time will tell
Como Perrie 12:16 GMT July 16, 2009
Might go either ways larger term. If US rates rise earlier as those of EU (as economic developments and crisis managments shows at current) It might well be the buck to get stronger be4 anything... but this is really long term trading most do not apply
Tblisi Timor 12:16 GMT July 16, 2009
Just dont take my words too seriously too hehehe.
HK RF@ 12:14 GMT July 16, 2009
.
>>>>>Collapse= Fly to...
HK RF@ 12:12 GMT July 16, 2009
Reply
EUR/Usd has all the potential to simply collapse to 1.6800, that based on chart gazing-hazing.
Just dont take my words too seriously hehehe.
Tblisi Timor 12:10 GMT July 16, 2009
123.6% of 1.6040-1.2335 2008 move gives 2009 target
HK RF@ 11:56 GMT July 16, 2009
I agree about a EUR/USD target above 1.45. But who will be in freefall after that? The Euro or The USD, I cant say.
Juffair KaL 11:48 GMT July 16, 2009
sold eurcad
around 1.5800
tgt 1.53 next week
today 1.56
Juffair KaL 11:44 GMT July 16, 2009
Reply
1.77 area
tgt 1.71 by tues
tgt today .7432
eurnzd wants
1.12 imo next week
Napoli DC 11:40 GMT July 16, 2009
Reply
EurUsd
Entry: Target: Stop:
1,4150-1,42 is the upper part of the uptrend channel delevoped since july 9th low
a nice resistance, but a break of 1,42 could signal the euro intends to abandon the lateral move started in june. In that case 1,43 could be only a minor resistance
imho
Shenzhen Laowen 11:29 GMT July 16, 2009
I love your opinion but could you tell me why? Many thanks!
Tblisi Timor 11:26 GMT July 16, 2009
Reply
EUR/USD going to above 1.45 for a free fall much below 1.20
tallinn viies 11:17 GMT July 16, 2009
Reply
target today still 1,4200 where options wait us,
tons of stops under 1,4050.
still think good idea to buy on dips
Mtl JP 11:12 GMT July 16, 2009
‎HK RF@ // Jul 11, 2009‎ WASHINGTON (MarketWatch) -- Treasury Secretary Timothy Geithner said that a strong dollar remained US policy. "I deeply believe that," Geithner said.
do you ? does the market ?
-
in the meantime: US considers expanding army: Pentagon
"... Any expansion would be temporary but would carry a significant price tag, possibly more than a billion dollars, army officials said..."
Juffair KaL 10:48 GMT July 16, 2009
agree
tokyo ginko 10:44 GMT July 16, 2009
JP Morgan change sentiment around...that's the news
Gen dk 10:44 GMT July 16, 2009
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
HK RF@ 10:41 GMT July 16, 2009
Higher interest rates at such a killer debt, means printing more USD for payment, means higher budget deficit, is it good for the USD?
HK RF@ 10:37 GMT July 16, 2009
Reply
USD/CAD Armageddon at 1.0800 and by now all is OK.
Gen dk 10:35 GMT July 16, 2009
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
tokyo ginko 10:33 GMT July 16, 2009
Reply
what news just came out?
Como Perrie 10:31 GMT July 16, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5yuRwQAWsUI
Como Perrie 10:31 GMT July 16, 2009
Reply
NZ Dlr Falls Sharply As Fitch Revises Sovereign Outlook Down
Juffair KaL 10:30 GMT July 16, 2009
Reply
audjpy
very bullish
77 today
in a week to 80
Como Perrie 10:29 GMT July 16, 2009
Reply
out and flat at 03
Como Perrie 10:18 GMT July 16, 2009
Rising stop into 68 and taking a pause.
Gen dk 10:02 GMT July 16, 2009
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Como Perrie 09:56 GMT July 16, 2009
Reply
This morning, Nokia (NYSE: NOK) announced that first-quarter net profit plunged 82% to 122 million euros.
There s lotsa tolks of sovering ratings at current after NZ rating was lowered earlier. Some say other nations to follow
Como Perrie 09:54 GMT July 16, 2009
Took 1/2 eurusd yesterday at around closing. Am setting a tight stop at 45 for the residual and see later jobless claims as well as JPMorgan, Google earnings and Nokia just mathced expectations of 0.10 per share
GVI Forex john 09:35 GMT July 16, 2009
Click on
Hyperlinks below for Updated Charts
Penang Eric 09:14 GMT July 16, 2009
EUR/USD is in the consolidation zone where the trend is couldn't be identified.
I am just sharing my view, and if anyone think i am wrong, pls share with us back on your view.
London Misha 08:35 GMT July 16, 2009
Reply
EURUSD - Long White Marubozo on Daily Chart!
GBPUSD - Long White Marubozo on Daily Chart!
USDCHF - Long Black Marubozo on Daily Chart!
EURGBP - Bullish Harami on Daily Chart!
EURJPY - Long White Marubozo on Daily Chart!
USDCAD - Three Black Crows on Daily Chart!
AUDUSD - Long White Marubozo on Daily Chart!
NZDUSD - Long White Marubozo on Daily Chart!
manila tom 08:30 GMT July 16, 2009
Sell euro
Entry: 1.4074 Target: 1.3870 Stop: 1.4129
betting we are still in a range 1.38-1.42, going short here
KL Ron 08:19 GMT July 16, 2009
Reply
Sell euro
Entry: 1.4078 Target: open Stop: 1.4128
time to sell euro again
Syd 07:48 GMT July 16, 2009
Reply
EUR/JPY has retraced over half its recent decline, which was a tad more than Mizuho Corporate Bank's Nicole Elliott was expecting. However, she says this current move should now stall and looks for implied volatility to move a lot higher. For a strategy, she favors shorts at market, with a stop above 133.40, looking for 131.00 and 128.00 on the downside.
Tonbridge AL 06:56 GMT July 16, 2009
Reply
SETUP VIDEOS EUR/USD and GBP/USD --VIEW THEM NOW
Daily Trading Videos to set up positions for the next day (videos prepared by Denver/Tonbridge Al). Click on the Wednesday link on the new video homepage for each video to view Thursday's setup. All other daily links work so you can also review the past week's drama as well.
EUR/USD Video
GBP/USD Video
Viet Nam ForexBegin 06:51 GMT July 16, 2009
Reply
Buy EUR/USD
Entry: 1.4071 Target: 1.4101 Stop: 1.4041
Forex Signal : 30 pips Daily !
Viet Nam ForexBegin 06:50 GMT July 16, 2009
Reply
Buy GBP/USD
Entry: 1.6379 Target: 1.6409 Stop: 1.6349
Forex Signal : 30 pips Daily !
Penang Eric 06:23 GMT July 16, 2009
hi ,
My point of view is EUR/AUD is going uptrend.
My observation is that it is swinging higher than previous high.
The 15 and 30 minits EMA trend is start to show bullish.
Juffair KaL 06:19 GMT July 16, 2009
gbpaud short
Juffair KaL 06:15 GMT July 16, 2009
Reply
long gbpjpy
long nzdjpy
short usdcad
long audusd
HK REVDAX 06:09 GMT July 16, 2009
Years ago, I was working in large outfits like BOA and Lehman. There was not much 'market intelligency' there at all
but there was 'churning wisdom' to generate commission to pay for the ever mounting expenses.
Syd 05:43 GMT July 16, 2009
Reply
'Goldman Sachs is, by definition, too big to fail. This means that it will always be guaranteed by the taxpayer. This means that they operate, effectively, with no downside risk. If their downside risk is limited by guarantees offered by the taxpayer, their upside profiteering potential must be similarly limited. You cannot have your cake and eat it.
http://news.hereisthecity.com/news/business_
news/9227.cntns
jkt adhi 05:18 GMT July 16, 2009
Reply
any new position for usdeur? tq
Syd 04:33 GMT July 16, 2009
Reply
New Zealand's long-term credit rating outlook was cut to negative by Fitch within the last 15 minutes. In their report, Fitch stated that the island country could fall into a Japanese-style low-growth trap. The revisions reflects the rating company's "concern about the medium-term growth outlook for New Zealand given its persistently large current account deficit," the report said. To finance this deficit, the country has had to take on "rising foreign indebtedness," that should be taken with caution. Such fiscal deterioration requires New Zealand to exhibit stronger fiscal adjustments if it seeks to improve its credit outlook.LINK
Syd 04:30 GMT July 16, 2009
Reply
SYDNEY (Reuters) - Rio Tinto has evacuated staff in China involved in research of the iron ore and steel industry in response to the detention of some of its iron ore traders by state authorities, the Australian Financial Review reported on Thursday. The unsourced report from Shanghai also said other foreign groups were moving employees out of China until conditions there become more certain.
Lahore FM 04:25 GMT July 16, 2009
07/15/2009 13:38:51 FM Lahore 3342
Sell gbpusd
Entry: 1.6446 Target: open Stop: 1.6475 bid
sold.
--
1/2 out at 1.6396 now.stops to entry on rest.1/2 for rest at 1.6340 is placed.
Syd 03:53 GMT July 16, 2009
Reply
NZD/USD to trade lower as risk worries rekindled on news rescue talks for U.S. business lender CIT Group have collapsed, says Auckland dealer; "it deepens the risk equation." Adds while not a first-tier lender, CIT is source of funding to thousands of small, medium businesses. Earlier, NZD/USD hit 2-week high of 0.6514 after Wall Street's gain; "the gloss has now come off with CIT." Says 2Q CPI data print had little impact on NZD; "there are bigger issues and inflation is irrelevant for now."
Syd 03:25 GMT July 16, 2009
Reply
RBS Australia Foreign Exchange Strategist Greg Gibbs said the data suggest the RBA continued to increase its volumes of sales on the currency above US$0.80 in June.
"It's possible the RBA could be advising the government that these are good levels to be selling into on the Australian dollar for purchases of foreign exchange, which they may need now or later in the year," he said.
The RBA's spot foreign exchange market transactions in May amounted to net sales of A$1.43 billion. The central bank also bought a net A$401 million from the government during that month.
Syd 02:57 GMT July 16, 2009
Reply
"Nothing sinister" about RBA FX activity, central bank is simply buying low, selling high and "intervening when the market is changing too rapidly", TD Securities senior strategist Annette Beacher says. Notes RBA "retreats" to more normal trades when AUD stable and around 0.7500.
dc CB 02:44 GMT July 16, 2009
tks Syd
YVR MAXXIM 02:05 GMT July 16, 2009
NZ earthquake off Rio Tinto monkey business sheep shear & iron ore! Chinese secret service@work
Hong Kong Qindex 02:02 GMT July 16, 2009
EUR/CAD
Entry: Target: Stop:
EUR/CAD : the market is not stable unless it can settle above 1.5858 in the New York session.
Syd 01:54 GMT July 16, 2009
Reply
RBA shows no sign of cooling its selling of AUD, offloading a record A$1.94 billion during June, having sold A$1.80 billion in May. Selling likely indicates bank building up its reserves, though could also illustrate a degree of uneasiness with AUD/USD hovering anywhere over 0.8000 in these far from certain economic times; likely they'll continue that trend near term
Hong Kong Qindex 01:40 GMT July 16, 2009
Penang Eric 01:34 GMT - EUR/USD : 1.4126 and 1.4137 are part of my monthly cycle matrix system. The market is under pressure when it is below the monthly cycle matrix system at 1.4126. As shown in the monthly cycle charts the market can easily move between 1.3746 - 1.4186.
Penang Eric 01:34 GMT July 16, 2009
Hi Dr Q,
What is your view on EUR/ USD ?
I am seing it at downtrend now, as from the 5minits, 10 minits and 15 minits charts, i see bearish is coming.
Hong Kong Qindex 01:31 GMT July 16, 2009
Sell GBP/JPY
Entry: Target: Stop:
GBP/JPY : The market is under pressure when it is below 155.46. The following is still valid :
07/13/2009 04:28:49 Qindex Hong Kong 2003
Sell GBP/JPY
Entry: Target: Stop:
GBP/JPY : Daily Cycle Quantum Levels (149.46) : Weekly References
(1) 140.71 - 142.30 - 143.89 - 145.47 // 147.06* - 148.65 - 150.23 - 151.82* // 153.41 - 154.99 - 156.58 - 158.17
(2) 141.66 - 143.30 - 144.94 - 146.58 // 148.22* - 149.86 - 151.50 - 153.14* // 154.78 - 156.42 - 158.06 - 159.70
(3) 141.63 - 143.29 - 144.95 - 146.61 // 148.27* - 149.93 - 151.59 - 153.25* // 154.91 - 156.57 - 158.23 - 159.89
Remarks : The supporting range is 145.47 - 148.27 and the resistant range is 151.82 - 154.91. The neutral range is 148.65 - 151.59. Sell on rallies is the preferred trading strategy when the market is trading below the daily cycle reference lower limits at 154.19 - 155.09 - 156.29.
GBP/JPY : Monthly Cycle Charts
http://www.qindex.com/gbp-yen.html
Syd 01:30 GMT July 16, 2009
Reply
dc CB 01:10 yes most of the action was a midnight no problems occured though thank heavens.
dc CB 01:10 GMT July 16, 2009
Reply
Syd,
saw that there was an earthquake off the South Island and a tsunami warning...???
RSS News Feed
