Forex Help Forum Archive for 12/20/2011

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.

Boston eFX 16:58 GMT December 20, 2011
Subject: Short Euro Too Crowded? (video) Reply
Expect a short-term euro rally to $1.33 versus the U.S. dollar, says Willie Williams, Societe Generale, with the trade on the euro.

Short Euro Too Crowded? (video)

Boston eFX 02:36 GMT December 20, 2011
Subject: EUR/USD Daily Asia Outlook 12/20 Reply
(Dow Jones via eFXnews) EUR/USD - to trade with bearish bias after euro-zone members agreed to provide EUR150 billion of additional resources to IMF but well below the EUR200 billion target set at their Dec. 9 meeting due to lack of commitment by some key members; failure of EU ministers yesterday to agree on deal raising joint ceiling for the ESM and EFSF above EUR500 billion; ECB's latest European Stability Report warning risks to euro zone's stability have escalated in second half of 2011 and are at their worst level since collapse of Lehman Brothers Inc. in 2008, contagion from euro-zone debt crisis could spread to engulf further members and even across the globe; ECB Chief Draghi made downbeat comments on state of European economy while throwing more cold water on hopes central bank could intervene more in bond markets to prevent sovereign debt defaults; speculation that S&P will cut France and most other euro-zone countries' rating soon. But EUR/USD losses tempered by sovereign demand for euro.

Data focus: 0710 GMT German January GfK consumer climate survey, 0900 GMT German December Ifo business climate index.

EUR/USD daily chart ....

EUR/USD Daily Asia Outlook 12/20 (full story)

Boston eFX 02:36 GMT December 20, 2011
Subject: GBP/USD Daily Asia Outlook 12/20 Reply
(Dow Jones via eFXnews) GBP/USD - to trade with risks skewed lower. Undermined by increased risk aversion. But GBP/USD losses tempered by GBP demand on soft EUR/GBP cross.

Data focus: 0001 GMT UK December consumer confidence survey, 1100 GMT UK December CBI distributive trades survey.

Daily chart ....

GBP/USD Daily Asia Outlook 12/20 (full story)

Boston eFX 02:36 GMT December 20, 2011
Subject: USD/CAD Daily Asia Outlook 12/20 Reply
(Dow Jones via eFXnews) USD/CAD - to consolidate with risks skewed higher. Underpinned by increased risk aversion. But USD/CAD topside limited by buoyant commodity & oil prices (Nymex crude settled up 35 cents yesterday at $93.88/bbl). Data focus: 1200 GMT Canada November CPI.

USD/CAD daily chart.......

USD/CAD Daily Asia Outlook 12/20 (full story)

Boston eFX 02:36 GMT December 20, 2011
Subject: USD/CHF Daily Asia Outlook 12/20 Reply
(Dow Jones via eFXnews) USD/CHF - to range-trade. Buoyed by broadly firmer USD undertone as investor risk aversion intensifies; expectations of Swiss National Bank's CHF-selling intervention. But USD/CHF topside limited by continued unwinding of short-CHF positions after Swiss National Bank Thursday made no move to weaken CHF further at policy meeting and maintained the CHF1.20-per-euro floor.

Data focus: 0700 GMT Swiss November trade balance.

Daily chart ......

USD/CHF Daily Asia Outlook 12/20 (full story)

Forex Trading Assn Newsletter: FREE

FOUR STEPS: Learn to Trade

Check out what our sponsors have to offer by clicking on their ads.

Test Drive a Better Broker

NEW! Global-View best brokers list section. ASK US. for info.

Best Brokers List

Forex Services -- Free Trials

Global-View offers a full slate of currency exchange services.

Real-time forex signals for trading.
Trading Analysis and currency trading tips.
FX charts and live forex news.

Free trials Forex (currency trading) Services

Currency Trading Tools

Live rates, currency news, fx charts.
Research reports and currency forecasts.
Foreign Exchange database and history.
Weekly economic calendar.

Directory of Forex trading tools

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum

Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading

Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker

Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS

Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore

FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog

Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.