User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday January 9, 2006 - 12:50:29 GMT
FX Thoughts for the Day -

Share This Story:
| | Email

FX Thoughts for the day - Evening - 09-Jan-2006....1242 GMT

Euro @ 1.2082/85....watching support at 1.2063

R: 1.2114-34 / 1.2151-70
S: 1.2066-46 / 1.1997-83
The Euro has fallen to a critical support region at 1.2078-63 during the day and is likely to remain in a corrective mode today. A dip further below 1.2063 today could lead to a fall to 1.2010 by tomorrow, in which case the rally seen from 1.1801 last week may not sustain. On the other hand a close above 1.2066 today might provide support for a rise above 1.2150 tomorrow.

Our long position taken at 1.2064 met its TSL at 1.2070 placed in the morning. Therefore we prefer to stay out for today.

Yen @ 114.10/14....Strong support at 113.77 and 113.59

R: 114.59 / 114.83-89
S: 113.77 / 113.59-49
The dollar is currently ranged between 114.59-113.78 on the 4-hourly candles. Intraday bounce may find sellers again at 114.59, which may keep the pair bearish biased today. The support at 113.59 (61.8% Fibonacci retracement of the rise from 05-Sep-05 low 108.77 to 05-Dec-05 high 121.41) is still a critical level for the recent dollar fall seen from 117.93 last week. A fall below this level either today or tomorrow could lead to a fall below 113.00.

Euro-Yen @ 137.91/96....Likely to test 137.50 support

R: 138.16 / 138.56-69 / 138.86
S: 137.55 / 137.08
The cross fell further during the day to 137.66 and is yet to test a critical support at 137.50 today itself. Note that 137.50 is a critical support, as a fall below this level may see renewed selling interest to 135.00 in a couple of weeks.

Intraday bounce finds strong resistance at 138.16 a break above, which could difficult for today. With this the cross is expected to remain bearish biased with selling interest coming on rise.

Swiss @ 1.2763/68....Critical resistance at 1.2793-1.2800 for today

R: 1.2786-1.2805 / 1.2832
S: 1.2737-15 / 1.2690-70
The pair has seen a strong recovery during the day, but 1.2793-1.2800 is still a critical resistance for today. A rise above this level may still find resistance at 1.2831. Hence, a rally is not yet confirmed and is likely to find sellers on the rise. While the said resistance holds, a dip back to 1.2730 may be seen by tomorrow and see the pair fall into a range of 1.2675-1.2794. On the other hand if today’s rise breaks above 1.2831, a rise to 1.2900 may be expected by tomorrow.

Cable @ 1.7662/67....Holding cautious long

R: 1.7696 / 1.7740 / 1.7787
S: 1.7639 / 1.7610 / 1.7581
The pair continues to be in a corrective mode with minor intraday support coming at 1.7639 for today. A dip below the support could lead to a fall to 1.7610 by tomorrow, in which case the rise seen from 1.7186 last week is doubtful to sustain. In case the support holds, a rise above 1.7700 must be awaited inorder to see a rally.

Long GBP 15K at 1.7660, SL 1.7635, TP 1.7715 (down from 1.7745).

Aussie @ 0.7515/20....Watching today

R: 0.7532-47 / 0.7569
S: 0.7509 / 0.7493-0.7480
The support at 0.7500 and 0.7480 mentioned in the morning are still crucial for the pair today. While the supports hold, a bounce back to 0.7550 and above may be seen by tomorrow. As said earlier the pair still has to clear resistances at 0.7582 14-Dec-05 high and 0.7605 27-Oct high inorder to see a sustained rally. In case of a dip below the support the profit taking might extend to 0.7450 in a couple of days.

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