User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday September 21, 2005 - 12:24:14 GMT
FX Thoughts for the Day -

Share This Story:
| | Email

Fx-Thoughts for the day - Evening - 21-09-05 ..... 1204 GMT

Euro @ 1.2237/40....Resistance at 1.2235
R: 1.2235 / 1.2282-90 / 1.2305-20
S: 1.2177-53 / 1.2119-10 / 1.2054
Come to think of it, the Euro has fallen from near 1.26 three weeks ago to near 1.21 yesterday. It would not be improper for it to rise towards 1.23 on some short-covering, without negating chances of an eventual fall towards 1.20. The trigger for a rise towards 1.2300 might be a Close above 1.2235 today. While below 1.2235, however, there are still chances of a fall towards 1.2150 and lower tomorrow.

We have exited our Short at 1.2207 because we did not have the nerves to hold on. Watching now.

$-Yen @ 111.05/09....Support at 111.07
R: 111.47-59 / 111.71 / 112.03-05
S: 111.13-09 / 110.94 / 110.55
The hoped for support at 111.45 did not hold during the day and Dollar-Yen fell to 111.13 as a result. Support now at 111.13-09 and then 110.94. Should these break, a deeper fall towards 110.55 or even 110.00 may take place. While above 111.09, there are some minor chances of a rally back up towards 111.45-55. A Day Close above 111.55 would restore confidence in the Dollar.

We went Long at 111.59 in the morning, but were stopped out at 111.40. Watching now.

Euro-Yen @ 135.91/96......Sell and Buy
R: 136.23-40 / 136.55-71 / 136.92
S: 136.06 / 135.69-55 / 135.15-07
The Cross is ranged between 136.44-135.01 on the 4-hour chart. It has been rising steadily from 135.15 since yesterday. If it breaks above the 136.44 there could be a rise to 137.00. On the other hand if the resistance holds, there could be a turn back towards 135.50 again.

Sell EUR 20K at 136.39, SL 136.73, TP 135.79
Buy EUR 20K at 135.48, SL 135.13, TP 136.06

Swiss @ 1.2679/84....Exit Longs
R: 1.2717-29 / 1.2748-66 / 1.2810
S: 1.2678-59 / 1.2615-1.2600
Buying interest seems to be weak and the market is testing the support at 1.2685 again. A break below this level may lead to a fall to 1.2645 and later to 1.2600. Also the resistance at 1.2729-45 is likely to keep the pair pressured on the down side and may even attract selling if it bounces to these levels.

Exiting at current level the Long entered at 1.2685.

Cable @ 1.8121/6....Likely to rise further
R: 1.8154-67 / 1.8196
S: 1.8057-35 / 1.8015 / 1.7974-66
The Cable has risen past earlier Resistance at 1.8103 and is likely to gain further grounds for a rally to 1.8160. If the expected rise is seen then the pair may even rally to 1.8225 in the next few days. Note that the level at 1.8050 has formed a strong support, which is likely to limit the down side in the pair.

In case it falls below the support at 1.8050 it could be vulnerable for a fall further to 1.7960.

Aussie @ 0.7722/27....Likely to test 0.7750
R: 0.7721-39 / 0.7755
S: 0.7690-81 / 0.7674-53 / 0.7641-39
There has been some buying interest seen near 0.7690-85 supports from the last few hours. The pair has tested the resistance at 0.7725, a break above which may see a rally to 0.7750 and later to 0.7770. In case it dips below 0.7685 support, it still finds buyers at 0.7652. This suggests the pair might continue to attract buying and attempt to rise further.

Happy Trading!


Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

Actionable trading levels delivered to YOUR charts in real-time.

Register To Test Your Amazing Trader

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Tue 31 July 2018
AA JP- Bank of Japan
A 06:00 DE- Retail Sales
A 09:00 EZ- flash HICP/GDP
AA 12:30 US- Core PCE Deflator
A 14:00 US- CB Consumer Confidence
Wed 1 Aug 2018
A Final Mfg PMIs
AA 12:15 US- ADP Private Payrolls
A 15:00 US- EIA Crude
AA 18:00 US- Federal Reserve Decision
Thu 2 Aug 2018
AA 11:00 GB- Bank of England Decision
A 13:30 US- Weekly Jobless
Fri 3 Aug 2018
A Final Services PMIs
AA 12:30 US- Employment
A 12:30 US/CA- Trade

John M. Bland, MBA
co-founding Partner,

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube

Max McKegg's Daily Forex Trading Forecasts

Veteran FX Trader, Max McKegg, forecasts all the Major currencies and the Australasians; providing Daily and Medium Term Trading forecasts to subscribers, who include large Banks the world over, as well as individual traders in more than 30 different countries.

Request a TRIAL of Max's Forex Service.


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

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

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

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. Interact on the same venue to discuss forex trading.

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

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 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 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.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105