USA BAY 23:51 GMT April 5, 2007
Reply
ABHA FXS,
Based on wave analysis do you see gbp/chf going to 2.33xx levels soon as wave C correction. tia
Gen dk 23:46 GMT April 5, 2007
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Trading Signals Updated:
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ABHA FXS 23:45 GMT April 5, 2007
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Today GBP/CHF
High 2.4037
Low 2.3821
REWARD 216 PIPS
Happy Trade.....
USA BAY 23:41 GMT April 5, 2007
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Seems like chf is picking up strength against usd and gbp, only thing that seems to be holding up is eur/chf, but for how long.
Dallas GEP 23:34 GMT April 5, 2007
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CABA, I think Eur/GBP longing was a reaction to eur/usd longing BUT I think eur/jpy was the driver in this particular case but as you know we will never really know for sure
Caribbean! Rafe... 23:25 GMT April 5, 2007
Reply
USA BAY 22:52 GMT April 5, 2007
maybe
USA Zeus 23:06 GMT April 5, 2007
Reply
USA Zeus 04:31 GMT April 5, 2007
Intensity of the e/y volatility from the 158.60 mark is beginning to accelerate- Directional break is on the horizon.
Guess so
Lahore FM 22:58 GMT April 5, 2007
Reply
Lahore FM 04:28 GMT March 30, 2007
gbousd now 1.9630 target 1.9920.
Lahore FM 04:27 GMT March 30, 2007
eurusd long entred 1.3343-target 1.3540.
---------------------------------------
in the Easter holiday-thinned market we may get early moves on gbpusd to 9740 and for eurusd to 1.3450/60 pre nfp release.usdjpy below 118.40 would be nice to keep company.
USA BAY 22:52 GMT April 5, 2007
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CARRIBEAN RAFE,
Do you see gbp/jpy testing 228 before heading up. thanks
Rye,NY et 22:48 GMT April 5, 2007
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Eur/Usd...basis dailies...In terms of Trendline Analysis, the market has been trading the lower half of a Bullish Channel for the last week and a half. Yesterday's price action suggests (to me) that the market is prepared to move into the upper range of the channel. On my charts, the major Trendline Resistance line intersects the horizontal of the 1.36xx All-time High on Tuesday, March 10th. USD negative data tomorrow could easily supply the impetus for a very strong upmove to that intersection. All, as usual, imvho...GL/GT
Caribbean! Rafe... 22:41 GMT April 5, 2007
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Philadelphia Caba 21:48 GMT April 5, 2007
it all centers around the dollar...
Philadelphia Caba 21:48 GMT April 5, 2007
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GEP, so your view is that today 'strenght' of euro was mainly from eur/jpy .... not from eur/gbp? eur/chf staying 'static'...
Philadelphia Caba 21:45 GMT April 5, 2007
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NFP due tomorrow in a very thin market condition...
Dallas GEP 21:43 GMT April 5, 2007
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EUR/AUD should go long from 6360 BAY
Lahore FM 21:38 GMT April 5, 2007
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Mirdiff Mike 20:26 GMT April 5, 2007
only chf looks soft.rest are all set for strength against dollar.chf also may change mood though if other currencies don't give up.
GVI Forex Database 21:35 GMT April 5, 2007
Reply
Daily Forex Charts...
EUR/USD
USD/JPY
USD/CHF
GBP/USD
EUR/GBP
EUR/JPY
EUR/CHF
AUD/USD
GBP/JPY
GBP/CHF
USD/CAD
CHF/JPY
Access accurate and free GVI
EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD AUD/USD EUR/JPY
1900GMT 1.3423 118.73 1.2154 1.9708 1.1506 0.8194 159.37
High 1.3442 119.00 1.2212 1.9770 1.1594 0.8211 159.39
Low 1.3354 118.43 1.2123 1.9670 1.1488 0.8160 158.39
04/05/2007
Simple mva basis => 04/05/2007
5 day 1.3368 118.37 1.2176 1.9733 1.1556 0.8152 158.23
10 day 1.3346 118.07 1.2168 1.9687 1.1576 0.8113 157.58
20 day 1.3302 117.72 1.2167 1.9565 1.1637 0.8023 156.60
50 day 1.3171 118.96 1.2287 1.9552 1.1695 0.7893 156.67
100 day 1.3133 118.68 1.2262 1.9556 1.1645 0.7867 155.85
200 day 1.2929 117.83 1.2348 1.9174 1.1446 0.7725 152.36
GVI Forex Trading Tools 21:32 GMT April 5, 2007
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GVI Calendar of selected key economic data, central bank meetings, etc....
USA BAY 21:21 GMT April 5, 2007
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DALLAS GEP,
What is your view on eur/aud. thanks
Dallas GEP 21:04 GMT April 5, 2007
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Looks like aud/nzd low last 24 hours is 1.1309. Aussie is EITHER positioning up for a break of that 8210/15 level or will short back down to lower levels. eur/jpy longs have really held up eur/usd to this level. Asia coming up will have their say on the YEN pairs. Generally speaking carry trades appear to be weakening slightly.
Caribbean! Rafe... 20:56 GMT April 5, 2007
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GBP/JPY dips should be contained at 229-226 thereabouts.
Caribbean! Rafe... 20:55 GMT April 5, 2007
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GBP/JPY headed upwards also but looking for dips to go long...
Caribbean! Rafe... 20:52 GMT April 5, 2007
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euro breach of 13447 confirms 13547 target mentioned a few days ago... 13447 is the midpoint of 13346-13547.
gl
Mirdiff Mike 20:26 GMT April 5, 2007
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Lahore,apart from CAD do you think other currencies can also rise against the dollar
RIC fxq 20:26 GMT April 5, 2007
Reply
Think someone is gunning for a "setup" here?
4cast -Thu Apr 5 13:01:00 2007(EST)
* 05 Apr 07: 17:01GMT (NYC) - FX NOW! EUR/USD, USD/JPY flows - NFP rumour leaves FX unimpressed
Thin pre-holiday markets are usually a fertile ground for the inevitable NFP 'rumour', and this time it suggests a strong reading of +230k new jobs. Seems like more of a reaction in bonds than FX so far, probably explained by the fact that bonds were leaning in that direction anyway for most of the day. Needless to say this needs to be taken with a huge grain of salt. VS
Lahore FM 19:35 GMT April 5, 2007
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USA BAY 19:26 GMT April 5, 2007
yep Bay,you got that right.usdcad still under pressure.job numbers were quite good as well.the trend to thw downside might dissipate approaching 1.1410/40.weekly support levels there will have it turn higher from there.
USA BAY 19:26 GMT April 5, 2007
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LAHORE FM,
Thanks FM. Got to see the charts again. As for usd/cad, you think it will go down to 1.1450 levels, and it is a buy at that level. Tia
Lahore FM 19:15 GMT April 5, 2007
Reply
Hyderabad Srini 19:10 GMT April 5, 2007
under 1.1440 long as much as you like.it will go higher only.
Hyderabad Srini 19:10 GMT April 5, 2007
Reply
Lahore FM,
As per your view $/Cad touched 1486..?? what next..still togo or long...gtgl
Gen dk 19:07 GMT April 5, 2007
Reply
Trading Signals Updated:
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Lahore FM 19:05 GMT April 5, 2007
Reply
correction**
Lahore FM 19:03 GMT April 5, 2007
Bay,to me 2.3910/20 is a buy** with 100 pip stop for 2.44/46.
Lahore FM 19:03 GMT April 5, 2007
Reply
Bay,to me 2.3910/20 is abut with 100 pip stop for 2.44/46.
CT Cris 18:43 GMT April 5, 2007
Reply
Global-View 18:38 GMT April 5, 2007
==========
I know that.
Global-View 18:38 GMT April 5, 2007
Reply
Cris, Milan was an imposter pulling your leg.
CT Cris 18:22 GMT April 5, 2007
Reply
CT Cris 11:06 GMT April 5, 2007
CT Cris 04:18 GMT April 5, 2007
today...important data ..weak reaction
========
no impact..as I said.
==========
this is the secrets of the market...and now...is the market
reserved all the movements for tmw ? or will continue the same .
GVI Jay 18:14 GMT April 5, 2007
Reply
This is from our live AFX news feed. For those who have not subscribed, it is extraordinary value (inexpensive + high quality) and you should consider it. For more information, send us an EMAIL
PARIS (AFX) - European Central Bank president Jean-Claude Trichet defended the central bank's role in job creation, arguing that "more than 12 mln jobs" have been created in the euro zone since the creation of the single currency in 1999.
Trichet made his comments in an interview on French news channel LCI.
While saying he will not "enter the campaign", his remarks were in response to repeated criticisms of the ECB's record by French presidential election candidates, including frontrunners Nicolas Sarkozy and Segolene Royal.
The candidates have notably attacked the ECB for focusing on inflation rather than growth, and for not trying to lower the exchange rate with the dollar.
"Those who think the European Central Bank acts against job creation are not backed up by the figures," Trichet said.
The ECB president added that the central bank's mandate was price stability, "a necessary condition for lasting growth and job creation".
NYC 18:05 GMT April 5, 2007
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Canberra - ISM has nothing to do with compiling nfp. This is a govt stat.
Canberra JD 17:50 GMT April 5, 2007
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Someone is telling me that ISM has indicated NFP will be an as expected result to them. I guess its a matter of opinion.
I personal think they might manipulate the number.
NYC 17:45 GMT April 5, 2007
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Edward. it depends on what the consensus forecast is. You must view nfp or any indicator against what the consensus is looking for,
London Edward 17:36 GMT April 5, 2007
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when non farm higher than say 97.00 dollar positive , but below say 70 dollar negative ( is this correct pls) any one comment ?
USA BAY 17:33 GMT April 5, 2007
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Take your time FM. No hurry. tia
Canberra JD 17:32 GMT April 5, 2007
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Impatience, a little bit. Just frustrating in these conditions. I have made a few cents on the bearish catches. But nothing solid. I want a solid move so I can eat a steak or something. Rather than stale old bread lol.
Either way, I have orders to both sides following some stops and will catch the direction when it comes :)..
Lahore FM 17:29 GMT April 5, 2007
Reply
Canberra JD 17:07 GMT April 5, 2007
JD you betetr be a bit patient.i have read a few posts from you and see impatience there.
BAY,will look through this in a while and write.
Taro.from ism manuf and no manuf employment index figs it maybe below 100k.even if not i se usd selloff continuing with varying degrees.having a god understanding of cross activity will do every trader a load of good.
--
away again.
Canberra JD 17:28 GMT April 5, 2007
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I still feel 0.8 has to be reached again before any new multi year records on the aud.... Right now the bulls are a bit out of steam, but thin market conditions can do anything. Perhaps tomorrow we will see a reasonable move down, then we can head for the hills..
I also have nothing in my eyes that shows 0.84 (as of yet). The highest I think we could see is 8250.
Canberra JD 17:26 GMT April 5, 2007
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I know that, But I am not expecting much movement for the next 5 hours... Unless some .... wants to get in and ruin it for everyone.
Athens MK 17:25 GMT April 5, 2007
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GBP/$: In this thin market conditions I wouldn't be surprise to see cable touch 1.9560 by tomorrow evening... Rate differentials are 1:1 still and the minutes are starting to show members are actually more worried about slowing markets then inflation AT this point....
We will see....
hk ab 17:25 GMT April 5, 2007
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syd, seems you are still holding aud and kiwi bearish bias.
I see .82 a good place for a minor reversal but if this convincingly passes, .84 is a must.
Similar scenario we had when aud first broke .60.....
New Albany mb 17:23 GMT April 5, 2007
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right now the daily chart is a doji on aud/usd but the day isnt over yet and the candle could change.
Canberra JD 17:19 GMT April 5, 2007
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Surely, however with the current situation. I wouldn't be one to call a reversal, 1 day before NFP.... However I so want that sucker to go down.
Makassar Alimin 17:16 GMT April 5, 2007
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Canberra JD 17:07 GMT April 5, 2007
you mean on daily? if you are being aggresive, you can try with stop above the high...there is nothing wrong with any position entered as long as you understand why did you take it and have stop if things go wrong from originally planned
Canberra JD 17:07 GMT April 5, 2007
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Heres a question to alot of you. If you saw a doji on the a/u chart right now, would you trade it as a reversal? .. Or would you ignore it?
USA BAY 17:03 GMT April 5, 2007
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LAHORE FM,
What do you think of short gbp/chf at the break of 2.3906, stop 2.4150, target 2.3320 and 2.2730. tia
Montréal Taro 16:10 GMT April 5, 2007
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Lahore FM
What do you expect for tomorrow, meaning it is good friday ?
Bahrain Bahrain1 15:38 GMT April 5, 2007
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Bahrain Bahrain1 08:58 GMT April 5, 2007
Any thoughts guys....
Sell $CAD if close belwo of 1.1580 ??? thanks.
Bahrain Bahrain1 06:10 GMT April 5, 2007
Hi Frnds good day to you all.........
BIG day for cable.....
1.9850 or 1.9650???? take care and good luck.
Hope it was useful for you guys. GL
Canberra JD 15:26 GMT April 5, 2007
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is 8250 coming up on a/u? Hmmm, I have a stop order above the res, should be get my stop order we will get around 8250.. But I am thinking not.
Mumbai NS 15:05 GMT April 5, 2007
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FM cheers that's how a healthy market and more importantly a healthy forum functions appreciate ur inputs greatly gl gt
Mumbai NS 15:05 GMT April 5, 2007
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FM cheers that's how a healthy market and more importantly a healthy forum functions appreciate ur inputs greatly gl gt
Lahore FM 15:02 GMT April 5, 2007
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Mumbai NS 15:00 GMT April 5, 2007
very much appreciated but am sticking to my guns.best of trades!
Mumbai NS 15:00 GMT April 5, 2007
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FM tks for ur views but i disagree on this occassion frd in fact cbl below 1.9710 here qualifies as an excellent sell imho i think time to buy dollars and regarding usdjpy yes it can drop a bit more but think it is a buy there for 122.35 target and aud a failure to breach .8215 if at all that happens it's a five biggies trade but s/l has to be strict there gud luck frd ! gl gt
Lahore FM 14:54 GMT April 5, 2007
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Alimin,the only thing that can seriously dent the audusd bull is sudjpy getting down fast.it is a possibility at the moment so keeping a watch there might be helpful.
Lahore FM 14:53 GMT April 5, 2007
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Halifax CB 14:39 GMT April 5, 2007
well noted,CB.gtgl.
Lahore FM 14:52 GMT April 5, 2007
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Mumbai NS 14:40 GMT April 5, 2007
NS,it will likely remain a buy for next two to three weeks.gbpusd is a buy on dips.
hk ab 14:51 GMT April 5, 2007
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does anyone have problem with sexy bank quotes at the moment?
Lahore FM 14:51 GMT April 5, 2007
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Makassar Alimin,that 100 pip dip friend had come but was seen by many as reversal when it went to 0.8060 area post rba.presently it can slow down and go sideways but no deeper correction.in some days there may well be one.usdjpy short still the best trade.
-----
atlanta south you are welcome.
Makassar Alimin 14:42 GMT April 5, 2007
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FM, is aud short in your radar say 100 pips up from here? thanks friend
Mumbai NS 14:40 GMT April 5, 2007
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Euro seems to be fading momentum abt time to reverse? gl gt
Halifax CB 14:39 GMT April 5, 2007
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Re. JPY - note also that AUD/JPY appears to be stalled for about 24 hrs., which could be a prelude to yen strength.
EU theEUROqueen 14:38 GMT April 5, 2007
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Happy day Bob.
its just a perfect day ..be ready for a very nice long
happy trade
Atlanta South 14:31 GMT April 5, 2007
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Lahore FM
Tks for that response. 119.05 is what my method is
showing as a probable top. Its seems to be holding for
now. Took it short @ 118.76 & letting it run for now.
Gt
Gen dk 14:20 GMT April 5, 2007
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Trading Signals Updated:
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Lahore FM 14:03 GMT April 5, 2007
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GVI Jay 14:00 GMT April 5, 2007
CDA IVEY PMI 67.3 vs. 60.5 in Feb
RIC fxq 14:01 GMT April 5, 2007
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why so conservative ab, why not 150? LoL
hk ab 13:59 GMT April 5, 2007
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meaning usd weakness is coherent now..
trend is now very clear.... eur 1.40!
Halifax CB 13:57 GMT April 5, 2007
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I wonder how much the seizure of large amounts of censored's Angels' property last night and this morning had to do with it (like it or not, dope export is a big business in Central & Western Canada)....More generally, it looks like a general move to safety over the long weekend, with gold, chf, euro all doing pretty well atm.
RIC fxq 13:56 GMT April 5, 2007
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hk ab 13:54 GMT April 5, 2007
now usd weakness look more justified ...
care toexplain "justified? by what?
hk ab 13:54 GMT April 5, 2007
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now usd weakness look more justified and united. eur/gbp back up and eur/chf down (slightly, although).
The euro holds the campagin to short usd in union.
dc CB 13:49 GMT April 5, 2007
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Ivey page
http://iveypmi.uwo.ca/english/pmiindex.htm
dc CB 13:46 GMT April 5, 2007
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welcome to Friday, this week coming to you on Thursday.
CAD: Ivey PMI at top of the hour, coming after "5x expected" jobs added number this morning. Can the loonie break the March 30 low and stay there?
Dallas GEP 13:45 GMT April 5, 2007
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Sam, 6800-6810 is a sell region. I am in at 6800 myself. At this point in time i would wait for eur/usd to stop longing and THEN take possie, My gues is that euro will lose momentum around 1.3450
NYC gone 13:41 GMT April 5, 2007
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yen odd pattern, I want to sell it,but have never seen a daily chart top on a simple dull 2 day like the last 2.
yen ideas out there?
hk ab 13:40 GMT April 5, 2007
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Alex, do you know what short the dlc/ad?
md 13:28 GMT April 5, 2007
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anyone knows wat cable is doing..
Lahore FM 13:26 GMT April 5, 2007
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closed portion from 3348 and 3328 at 1.3420 and 30.
UK Sam 13:19 GMT April 5, 2007
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How far do you think EUR/GBP will go? When is the best time to sell?
RIC fxq 13:16 GMT April 5, 2007
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Canberra JD 13:13 GMT
consider the time of day, the fact that many LDN traders are out the door and the gunslingers left are notorious for picking really thin mkts to generate breakouts
Canberra JD 13:13 GMT April 5, 2007
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I was thinkin this move was eur/gbp related on the e/u.. However it appears its usd related.. Which is weird..
Dallas GEP 13:11 GMT April 5, 2007
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eur/jpy on the other hand CABA is definitely helping the euro
Lahore FM 13:09 GMT April 5, 2007
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correction**
119.05 to contian upside but would sell even upto 119.50**.for 117.20 and lower.
USA Zeus 13:08 GMT April 5, 2007
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USA Zeus 05:18 GMT April 5, 2007
CT Cris 04:46 GMT April 5, 2007
USA Zeus 04:31 GMT April 5, 2007
Intensity of the e/y volatility from the 158.60 mark is beginning to accelerate- Directional break is on the horizon.
-----------------------------------------------------------
Zues (sic) hope you are not a teacher , otherwise your students will
understand nothing.
=========================
Well Cris looks like my post was very timely but I’m sure you’ll be laughing like a couple of jackazzes following one of your “100% guaranteed monthly safe as a T-bill good for 10 pips” signals-
CT Cris 19:22 GMT April 2, 2007
“…me with the doneky who laughs on the the joke next day , cause it takes him sometime to understand it.”
Lahore FM 13:05 GMT April 5, 2007
Reply
Dallas GEP 13:00 GMT April 5, 2007
GEP quite right on that.am looking for this to turn into daily trend and eurgbp to move to 0.6860 and 0.6900.am long from 0.6755 and 0.6780.closed parts at 0.6800 a while back.rest for higher ground.
PAR 13:05 GMT April 5, 2007
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Chinese rate hike could slow down Chinese economy and hence weaken the yen .
hong kong seek 13:03 GMT April 5, 2007
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FM--free view on gold ?ths
Lahore FM 13:00 GMT April 5, 2007
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Atlanta South 12:57 GMT April 5, 2007
as stated last few days of the week,i see it ower from present prices.so far it hasn't made any headway.looking for 119.05 to contian upside but would sell even upto 118.50.for 117.20 and lower.
Dallas GEP 13:00 GMT April 5, 2007
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FM, I think eur/gbp longs are more an indication of the realtive weakness of the GBP
Atlanta South 12:57 GMT April 5, 2007
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Lahore FM
May I get your views for USD/JPY in the near term?
Tks & gt
Dallas GEP 12:56 GMT April 5, 2007
Reply
In now on eur/gbp shorts at 6800
Gen dk 12:45 GMT April 5, 2007
Reply
Trading Signals Updated:
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manchester 12:40 GMT April 5, 2007
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usd/cad views please. is 11520 got to go long?
Lahore FM 12:40 GMT April 5, 2007
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fourth day running looking for eurusd above 1.3380.today so far looks like the best day with eurgbp ticking higher and euruyen supportive as well.
NYC beyond_destiny 12:31 GMT April 5, 2007
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any brave heart to short euryen here?
KL KL 12:29 GMT April 5, 2007
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So what is Arab League doing about Sudan-Dafur Genocide??.....as we wait NFP...gl gt all
Gen dk 12:21 GMT April 5, 2007
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Trading Signals Updated:
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Gen dk 12:18 GMT April 5, 2007
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Trading Signals Updated:
CLICK HERE for more Gen dk information
GVI john 12:16 GMT April 5, 2007
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Daily Forex Charts...
EUR/USD
USD/JPY
USD/CHF
GBP/USD
EUR/GBP
EUR/JPY
EUR/CHF
AUD/USD
GBP/JPY
GBP/CHF
USD/CAD
CHF/JPY
Access accurate and free GVI
EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD AUD/USD EUR/JPY
1900GMT 1.3368 118.66 1.2200 1.9753 1.1587 0.8184 158.62
High 1.3382 119.09 1.2233 1.9774 1.1594 0.8194 158.96
Low 1.3318 118.60 1.2174 1.9719 1.1547 0.8066 158.10
04/04/2007
Simple mva basis => 04/04/2007
5 day 1.3350 118.22 1.2179 1.9715 1.1572 0.8127 157.82
10 day 1.3337 118.01 1.2167 1.9682 1.1583 0.8100 157.39
20 day 1.3288 117.64 1.2173 1.9544 1.1652 0.8001 156.33
50 day 1.3161 119.01 1.2293 1.9550 1.1702 0.7884 156.62
100 day 1.3126 118.67 1.2265 1.9548 1.1645 0.7862 155.77
200 day 1.2926 117.81 1.2349 1.9168 1.1444 0.7721 152.30
Dallas GEP 12:14 GMT April 5, 2007
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Funny you should mention that ED . I was just working on that. I have now placed an order to SELL at 6800. But here at 6793-95 should work as well.
NYC Ed 12:09 GMT April 5, 2007
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Dallas GEP....back in yet ??
gl gt
Gen dk 11:58 GMT April 5, 2007
Reply
Trading Signals Updated:
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GVI john 11:58 GMT April 5, 2007
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GVI Calendar of selected key economic data, central bank meetings, etc....
Dallas GEP 11:57 GMT April 5, 2007
Reply
No Caba it is not , It is another one of those times where market logic is overcome by the reality of a manipulated market situation that of course most of us beleive is not possible. I personally feel it DOES happen occassionally.
Bodrum OEE 11:45 GMT April 5, 2007
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International Herald Tribune
Published: March 29, 2007
http://www.iht.com/articles/2007/03/29/news/arabs.php
King Abdullah of Saudi Arabia has told Arab leaders that the U.S. occupation of Iraq is illegal and warned that unless Arab governments settle their differences, foreign powers like the United States will continue to dictate the region's politics.
The king's speech Wednesday, at the opening of the Arab League summit meeting here, underscored growing differences between Saudi Arabia and the Bush administration as the Saudis take on a greater leadership role in the Middle East, partly at U.S. urging.
On Wednesday, Abdullah called for an end to the international boycott of the new Palestinian government. The United States and Israel want the boycott continued.
And in trying to settle the tensions in Lebanon, the Saudis have been willing to negotiate with Iran and Hezbollah.
Last week, the Saudi king canceled his appearance next month at a White House dinner in his honor, The Washington Post reported Wednesday. The official reason given was a scheduling conflict, the paper said.
Abdullah has not publicly spoken so harshly about the U.S.-led military intervention in Iraq before, and his latest remarks suggest that his alliance with Washington may be less harmonious than administration officials have been hoping
Dallas GEP 11:44 GMT April 5, 2007
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Eur/gbp longs hit target of 6790 earlier from 6753 entry and profit was taken. I had intended to short from there but I forgot to place order but it looks like I might have another opportunity here again shortly. AUSSIE shorts still working .
md 11:27 GMT April 5, 2007
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wats cable doin bouncin up and down..
Halifax CB 11:23 GMT April 5, 2007
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dc CB 11:15 GMT April 5, 2007
It's an interesting report to scan through, with a big drop in anufacturing jobs, and the big gains yr/yr in the McJob sector (health care & social assistance, food services, accomodation.
Syd 11:15 GMT April 5, 2007
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2nd UPDATE: China Ups Pace Of Tightening With 3rd Ratio Hike
BEIJING (Dow Jones)--China said Thursday it will lift the reserve requirement ratio for banks by 50 basis points for the third time this year, raising the pace of tightening as the central bank adopts a more forward-looking approach to dealing with the country's excess liquidity.
The latest hike, which will take effect April 16 and raises the ratio for most commercial banks to 10.5%, comes after repeated comments from government officials about excessive liquidity levels and the central bank said it will make monetary policy more preemptive.
In a brief statement on its Web site, the People's Bank of China said it will "use various tools to strengthen management of liquidity in the banking system, maintain liquidity around suitable levels, and prevent overly rapid growth of credit." The PBOC added that it will maintain a prudent monetary policy. The decision follows the central bank's first-quarter monetary policy report, issued Monday, which said China should "further raise the preemptive nature...and effectiveness of monetary policy, and maintain price stability."
Economists said more tightening is likely, through more reserve ratio increases and possibly rate hikes, while PBOC officials have said they might also use other tools.
NYC Ed 11:15 GMT April 5, 2007
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sorry on eur/usd
dc CB 11:15 GMT April 5, 2007
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Released at 7:00 a.m. Eastern time in The Daily
March 2007
Employment jumped by an estimated 55,000 in March, continuing the upward trend that began in September 2006. Despite this growth in employment, the unemployment rate remained unchanged at 6.1%, as more people entered the labour market.
NYC Ed 11:13 GMT April 5, 2007
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Mumbai NS.... For Longs or Shorts ??? Thanks
md 11:09 GMT April 5, 2007
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is d rate same ??
LONDON yg 11:09 GMT April 5, 2007
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cable is good long for 19850 with 19650 stop
Mumbai NS 11:07 GMT April 5, 2007
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Delayed impact are sometimes very dangerous take care
CT Cris 11:06 GMT April 5, 2007
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CT Cris 04:18 GMT April 5, 2007
today...important data ..weak reaction
========
no impact..as I said.
md 11:04 GMT April 5, 2007
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pple any chges wat dir is cable going pls advice
Gen dk 11:02 GMT April 5, 2007
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Trading Signals Updated:
CLICK HERE for more Gen dk information
PAR 10:21 GMT April 5, 2007
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Additional problem for central banks is that the commodity carry trades are creating exponential rises in commodity prices which will ultimately be reflected in inflation .
Sydney ACC 10:09 GMT April 5, 2007
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hk ab 09:56 GMT April 5, 2007
Central banks are caught on the horns of a dilemma:
1. They are witnessing a serious distortion in the market through the iundermining of riks through the carry-trade, knowing there is little they can do when,
2. They are lecturing China that the market should determine the value of the yuan.
As a group they will bury their heads in the sand in pursuit of 2 while number 1 worsens.
PAR 10:03 GMT April 5, 2007
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German Feb indus output + 0.9 , but jan revised down to 0.9 from 1.9 . So on a two month basis somewhat weaker.
Auckland peat 09:56 GMT April 5, 2007
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kiwi increasingly not respecting my analysis lol. there is some divergence on the Chande momentum oscillator and possiblity of a double top at 7239 if it holds. 7250 final stop.
hk ab 09:56 GMT April 5, 2007
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been out for the whole day and .82 finally reached.
Flat and observe the mkt of gbp, eur, aud, nzd.
honestly, the usd weakness has some strange hidden risk.
For usd weakness theme, I often saw, in the past,
strong eur/gbp, weak eur/chf. weak aud/nzd......
BUT! Look at the crosses, they are not telling what I expect.
And the procrastinating feeling on eur, gbp, aud, cad, after reaching 1.33, 1.98, 0.82 and 1.15 spells the two words "BE CAREFUL"..
My anticipated scenario is: finally, it will be chf and yen turns to revenge but we need catatlyst. (probably a strong statement from G7) But as usual, mkt will be deaf towards them and challenge the CBs with their ammunition. Wait till the gun shot by CBs could make life easier.
GL and GT, DYOD.
Syd 09:54 GMT April 5, 2007
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China Picking Up Pace Of Tightening - ING
China is picking up the pace of tightening, may be moving to 2 reserve requirement ratio hikes per quarter, says ING economist Tim Condon after PBOC announced late today 3rd such increase this year; "I think people are still smarting a little bit from the (strong) loans growth numbers from the beginning of the year," he notes, adding he'd previously expected 1 reserve requirement ratio rise per quarter. Condon says run of reserve ratio rises limiting credit, money supply while interest rate hike last month limiting demand; "I think it will bear fruit," he adds, tipping moderation in activity, money, credit supply data in coming months.
Syd 09:50 GMT April 5, 2007
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China Ctrl Bank: To Raise Reserve Requirement Ratio 50 BPs
China's central bank said Thursday it will raise the reserve requirement ratio by 50 basis points.
The move is the third such increase this year. It will take effect April 16, the People's Bank of China said in a statement on its Web site.
The central bank said it will keep liquidity at suitable levels and prevent overly rapid credit growth.
Philadelphia Caba 09:40 GMT April 5, 2007
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Dallas GEP 01:47 GMT April 5, 2007
thnx. just thought ... it hasn't been first time for kiwi to behave that way..
RIC fxq 09:31 GMT April 5, 2007
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19771
Hong Kong Dom 09:30 GMT April 5, 2007
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Can anyone tell me what is the highest Eur/Gbp seem after UK data.
PAR 09:25 GMT April 5, 2007
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China to raise bank required reserves from april 16.Also some rumors of a China rate hike over long Easter weekend and ahead of next week G7 meeting .
Bahrain Bahrain1 09:20 GMT April 5, 2007
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PAR 09:12 GMT April 5, 2007
Like with AUD , BOE decison will have no impact at all since UK interest rates are already among the highest of the industrialised world .
Think we will see big move....IMHO. GL
Syd 09:17 GMT April 5, 2007
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BRUSSELS (AP)--The European Union's foreign policy chief and Iran's top negotiator resumed discussions on Tehran's nuclear enrichment program almost immediately after the announcement that fifteen U.K. sailors and marines would be released, an official said Thursday.
Although no breakthroughs were announced, the swift resumption of talks after the diplomatic crisis showed that the communication channels between the E.U.'s Javier Solana and Iran's nuclear negotiator Ali Larijani were still intact.
"We hope we can get back to the negotiating table," said an E.U. official.
PAR 09:12 GMT April 5, 2007
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Like with AUD , BOE decison will have no impact at all since UK interest rates are already among the highest of the industrialised world .
Bahrain Bahrain1 08:58 GMT April 5, 2007
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Any thoughts guys....
Sell $CAD if close belwo of 1.1580 ??? thanks.
Bahrain Bahrain1 08:53 GMT April 5, 2007
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PAR 08:48 GMT April 5, 2007
UK figures not bad enough to have any impact .
They are waiting for the big cake (BOE Rate Decision)..they don't care about the tiny muffin. lol.
PAR 08:48 GMT April 5, 2007
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UK figures not bad enough to have any impact .
Syd 08:42 GMT April 5, 2007
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U.K. manufacturing output marked its largest fall in more than a year in February on widespread declines across the sector, but in particular as production from transport equipment industries weakened, data released Thursday showed.
Figures released by the Office for National Statistics showed manufacturing output fell for a second consecutive month. It fell 0.6% from January and missed the average forecast of economists surveyed by Dow Jones Newswires, who had tipped a 0.3% gain. That was also the biggest decline since October 2005, the ONS said.
On the year, output rose 1.2% in February - much weaker than economists' expectations for a 2.2% rise.
Syd 08:29 GMT April 5, 2007
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Time To Take Some AUD Profits - JP Morgan
AUD/USD broke to fresh 10-year highs Wednesday taking the AUD crosses along for the ride (or visa-versa), the move going hand-in-hand with Gold breaking up out its recent range and testing channel resistance at $675-676, notes JP Morgan. However, the bank says this area may prove to be an important inflection point for the future, so in regards to AUD and its crosses these may be good levels to think about booking some profit. The bank says AUD/JPY and AUD/CAD are in the 5th waves now and the risks of being too greedy are mounting
Syd 08:26 GMT April 5, 2007
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Japan MOF Fujii: Don't Know Yet What G7 To Discuss
Syd 08:16 GMT April 5, 2007
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Black Swan Capital Currency Currents
Yen-Carry Trade is Hot, but …
More than a month has passed since a major liquidity scare yanked the rug out from under global markets. Unwinding of the yen-carry trade and a horrific U.S. subprime mortgage market dominated headlines and had investors rethinking their risk-taking appetite.
http://www.global-view.com/forex-trading-tools/research/index.html?nid=7756
Mtl JP 07:55 GMT April 5, 2007
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Trading like it were a business
loss -> expense
win -> income
Mental visualization of using "loss" as opposed to "expense" and "win" vs "income" is a good bet that it carries with it emotional baggage.
Syd 07:50 GMT April 5, 2007
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BOJ announces appointment of two new board members
OKYO, April 5 (Reuters) - The Bank of Japan on Thursday announced the appointment of two businessmen, Hidetoshi Kamezaki and Seiji Nakamura, to the central bank's nine-member policy board.The new members will hold a news conference from 3:00 p.m. (0600 GMT) on April 11.The appointment of Kamezaki and Nakamura was approved by parliament last week. Their terms will last for five years.
Kamezaki and Nakamura will replace two others from the business community whose terms expired on Wednesday -- Toshikatsu Fukuma and Hidehiko Haru.
Gen dk 07:42 GMT April 5, 2007
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Trading Signals Updated:
CLICK HERE for more Gen dk information
Bahrain Bahrain1 07:31 GMT April 5, 2007
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AZUSA 4x-ed 07:23 GMT April 5, 2007
Bahrain Bahrain1 07:20 GMT April 5, 2007 || lol... even the Kuwaity newspapers have to make money?
hehehe...yah u r right...maybe it's April fools. lol.
RIC fxq 07:31 GMT April 5, 2007
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nice job of recycling yesterdays news guys
AZUSA 4x-ed 07:23 GMT April 5, 2007
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Bahrain Bahrain1 07:20 GMT April 5, 2007 || lol... even the Kuwaity newspapers have to make money?
Toronto MRC 07:23 GMT April 5, 2007
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Mtl JP 07:13 GMT April 5, 2007
Risk Management
Bahrain Bahrain1 07:20 GMT April 5, 2007
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Mtl JP 07:06 GMT April 5, 2007
Kuwait City, April 4 (Xinhua) The US is planning to attack Iran's nuclear reactors and other nuclear facilities by the end of this month, the Kuwait-based Arab Times newspaper reported Wednesday.
Hi JP.....
You will know for sure if the war will start, when the American citisens run away from the Gulf.....so for they are enjoying their stays here.
AZUSA 4x-ed 07:19 GMT April 5, 2007
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mm, tx for the briefing. The ECB story may fall on deaf ears as usual and the BoE story called it right: "A knife-edge vote by The Times Monetary Policy Committee to recommend that interest rates stay on hold this month highlights deep City uncertainty over a Bank of England verdict on borrowing costs today that is seen by many as the closest of calls. The Times expert panel voted narrowly, by five to four, to call for the Bank to grant borrowers a continued reprieve from a new rate rise. Yet with two of the five Times experts who voted for unchanged rates leaning strongly towards backing an increase, the panel was on the brink of calling for dearer
money for the first time since November. The closeness of the Times MPC vote mirrors what economists believe will be an intense debate at the Bank this morning. Many analysts believe that, with base rates still expected to rise in May if not this month, the Bank’s MPC may see little merit in delay. That argument was echoed by the hawks on The Times MPC,
who said that, with ample evidence of a buoyant economy, and persistent inflation worries, there was no case for holding off. The hawks also noted that recent market turbulence had largely passed.
Sofia Kaprikorn 07:19 GMT April 5, 2007
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0715 GMT [Dow Jones] With the GBP having risen in anticipation of a Bank of
England rate hike later Thursday, the downside risk to the currency on any
disappointment is greater than any upside potential. But, says Calyon, "any
weakness would provide a good level to start buying the currency afresh." The
bank says it's still targeting 0.6550. The pair is now at 0.6764.
Mtl JP 07:13 GMT April 5, 2007
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how so mm ?
business is concerned with building goodwill, trading is not.
madrid mm 07:08 GMT April 5, 2007
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Trading Your Account is Like Running a Business.
The Netherlands Purk 07:06 GMT April 5, 2007
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Well the 10-20 pip strat in aussie still works. Pattern says that there are hours that you can short and long. For now 8185-8170 done for shorters. Waiting to do that again. But i sense a bigger move. Keeping an eye out for that bugger as well
Toronto MRC 06:38 GMT April 5, 2007
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Markets open on Friday?
Sofia Kaprikorn 06:28 GMT April 5, 2007
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Dallas GEP 01:47 //
very good explanation!
madrid mm 06:21 GMT April 5, 2007
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FX and News Highlights
All 15 British military personnel held by Iran for 2 weeks have left Tehran on a flight to London - Iran Radio - Reuters.
Dallas Fed Richard Fisher says Fed statement symmetrical, inflation is running at too high a rate now. Hopeful inflation will moderate, but Fed must remain vigilant.
IMF, in semi-annual World Economic Outlook says U.S. economic slowdown is still being driven largely by a cooling housing market, but any spillover into the rest of the world should be limited as European economies are strengthening. However, if U.S. housing market downturn spreads to consumer spending and business investment, then larger cross-border repercussions could be expected.
IMF says that timely monetary policy responses, with flexible FX rates will help cushion any spillover - Report due for release April 11-Reuters.
Japan Government has appointed Hidetoshi Kamezaki, Seiji Nakamura as BoJ board members to succeed Toshikatsu Fukuma and Hidehiko Haru. Both new members will hold news conference on April 11, 0600GMT, after the 2-day BoJ board meeting on Monday-Tuesday.
FT: The business lobby has warned ECB not to increase eurozone interest rates much further, saying exchange rates could enter a "more dangerous situation". Ernest-Antoine Seillière, president of Business Europe, the Brussels-based lobby, said: "Above 4% . . . we are entering another world. There is something there which is very symbolic." He adds a "convergence of factors" was creating concern about the future value of the euro. "The USD weakness, yen policy and CNY policy put the euro in a position where there could be a question.
PBoC deputy governor Wu Xiaoling says China will continue to reform CNY in a gradual manner. US trade protectionism will harm not only China, US, but rest of the world-Reuters.
Generally quiet markets ahead of Good Friday/ Easter holidays tomorrow and with HK and Taiwan away today.
Key mover in Asia was the resurgent Aussie, which breached through 0.8200 option barriers for the first time in more than 10 years since December 1996 peak of 0.8225, triggering stoploss on the way up to hit highs of 0.8212, with talks of good buying from large UK clearers and US houses, big 4 Aust banks.
At same time, AUD/CHF options at Parity/ 1.0000 were tripped, pushing the pair above parity for the first time in more than 6 year highs 7 m since Sept 2000 to highs of 1.0010.
AUD/JPY rallied on back of AUD stoploss, options buying, hitting almost 10-yr highs of 97.40-50, since May 1997 May 7 highs of 98.01, before coming under pressure on back of good selling from Japanese brokerage/ securities houses - could be profit-taking, given continual talks of good Japanese cross/JPY demand on dips, toushin, for overseas investment trust funds. AUD off highs, but bids 0.8150.
USD/JPY in tight range, capped ahead of 119 handle, focus on talks of huge >$750-1bln 118.75 expiry, Tokyo cu, 0600GMT keeping it in range. US investment houses, funds buying on dips at 118.40-50.
EUR/USD, EUR/JPY seen a tad weighed by Europe business lobby warning against more ECB hikes.
GBP eye BoE MPC decision at 1100GMT, close call for a hike, little reaction to news that all UK Military personnel have left Tehran for London. Kiwi, Aussie off highs, but real money, Asian accounts still buying on dips.
Nikkei -58pts or 0.33% at 17.485.53. JGBs up, but looking a touch weak today, 10-year yield -0.010% at 1.680%.
Asian FX range: USD/JPY 118.50/118.78, EUR/USD 1.3361/1.3376, GBP/USD 1.9751/1.9767, USD/CHF 1.2191/1.2203, AUD/USD 0.8169/0.8212, NZD/USD 0.7200/0.7223.
madrid mm 06:19 GMT April 5, 2007
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gm fx Jedi
Bahrain Bahrain1 06:10 GMT April 5, 2007
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Hi Frnds good day to you all.........
BIG day for cable.....
1.9850 or 1.9650???? take care and good luck.
USA BAY 05:45 GMT April 5, 2007
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PITTSBURG PA,
Should have shorted at 82 when I had a chance, now I guess I am a little late. 2 more targets to go.
Auckland peat 05:29 GMT April 5, 2007
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This ongoing needling is pretty tiresome guys.
USA Zeus 05:18 GMT April 5, 2007
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CT Cris 04:46 GMT April 5, 2007
Zues (sic)
hope you are not a teacher , otherwise your students will
understand nothing.
=========================
It is clear that what we have learned from you is that you spell names like you call out “joke” signals…Azz-backwards-
CT Cris 19:22 GMT April 2, 2007
“…me with the doneky who laughs on the the joke next day , cause it takes him sometime to understand it.”
pittsburgh pa 05:09 GMT April 5, 2007
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I have a strong sell signal in the EUR/GBP. Target @ .6733
pittsburgh pa 05:07 GMT April 5, 2007
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USA BAY
Hit first target in the AUD/USD .8173
Canberra JD 05:04 GMT April 5, 2007
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Correction, option was at 8202
Canberra JD 05:03 GMT April 5, 2007
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The Japanese buyer after the interest rate decision has left the market with an option triggered at 8102.
I would say we won't see them buying aud/usd again in the near future... However I still feel interest in the longs, but I am not sure as to how much. As we have started a small journey down from the highs, we could see 8145~ after that I am stumped for now.
CT Cris 04:56 GMT April 5, 2007
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Lahore FM
still await the fall of 200 pips by usd.jpy from 118.80
CT Cris 04:46 GMT April 5, 2007
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Zues
hope you are not a teacher , otherwise your students will
understand nothing.
USA Zeus 04:31 GMT April 5, 2007
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Intensity of the e/y volatility from the 158.60 mark is beginning to accelerate- Directional break is on the horizon.
CT Cris 04:18 GMT April 5, 2007
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today...important data ..weak reaction.
USA BAY 04:08 GMT April 5, 2007
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PITTSBURG PA,
I am not in yet. Will wait around UK open, just observing if 82 is revisited and also aud/jpy price action. As for pound most probably no rate hike . I dont think pound will drop that much.
Ldn 04:03 GMT April 5, 2007
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UK Sailors,Marines Arrive At Tehran Airport For Trip Home
pittsburgh pa 04:00 GMT April 5, 2007
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USA BAY
What price did you get in at in hte AUD/USD?
Auckland peat 04:00 GMT April 5, 2007
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i still think its important to note that in last 24hrs Aus hit new highs and Kiwi didnt.
pittsburgh pa 03:55 GMT April 5, 2007
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Im still holding a buy in the GBP/USD and USD/CAD. Pound is worrying! Big time...:(
Toronto MRC 03:47 GMT April 5, 2007
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jost = just
Toronto MRC 03:46 GMT April 5, 2007
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no 1. on aususd jost 0. or .81xx
pittsburgh pa 03:31 GMT April 5, 2007
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USA BAY
AUD/USD THREE TARGETS 1.8173, 1.8163 and 1.8152. SO target is 1.8152
USA Zeus 03:30 GMT April 5, 2007
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USA Zeus 16:48 GMT April 2, 2007
Fascinating to see AUD/USD continue higher and this forum calling for big reversals @ .77, .78, .79, .80, .81.....
Guess Ed Seykota and John Henry took the simple approach
================
Ok- Now add .82.....
USA BAY 03:25 GMT April 5, 2007
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PITTSBURG PA,
WHATS the target pls. tia
pittsburgh pa 03:21 GMT April 5, 2007
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I have a STRONG sell signal in the AUD/USD
pittsburgh pa 03:19 GMT April 5, 2007
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Anyone have any thoughts on where the GBP/USA will go after the news?
md 03:16 GMT April 5, 2007
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how does one know if a resistane or support is broken??
Syd maverik 03:01 GMT April 5, 2007
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The AUD and Kiwi were also called extremely overvalued by UBS when trading 0.7800 and 0.7000 respectively.
Syd 02:44 GMT April 5, 2007
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Ashley Davis UBS Singapore Aud and Kiwi extremely overvalued currencies, recommends buying CAD
md 02:37 GMT April 5, 2007
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norway r u there,...time to shrt aud.usd
Sydney ACC 02:27 GMT April 5, 2007
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MPC Interest rate decision is announced at 12:00 midday BST.
Lahore FM 02:24 GMT April 5, 2007
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Norway e.s 22:11 GMT April 4, 2007
short usdjpy was the ideal trade.this short audusd might work too as audjpy will drop sharply and pull audusd lower.i have no idea where your short audusd entry is so can't be specific but audusd may get down to 0.8120/40 if tthe audjpy pressure really kicks in hard.
md 02:18 GMT April 5, 2007
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looking like time to shrt aud/usd, .......
Syd 02:06 GMT April 5, 2007
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Japan government today appoints Hidetoshi Kamezaki and Seiji Nakamura as BOJ policy board members, BOJ says. Kamezaki, 64, former vice president of Mitsubishi Corp. (8058.TO), while Nakamura, also 64, former president of MOL Ferry, which wholly-owned unit of shipping company Mitsui O.S.K. Lines Ltd. (9104.TO). They replace Hidehiko Haru and Toshikatsu Fukuma, whose 5-year terms ended yesterday. It's unclear at this point if new members to be hawkish or dovish in their policy decisions; so, markets to keep close tabs on their comments about economy, monetary policy at their briefing April 11, following 2-day policy decision meeting starting Monday
USA BAY 01:55 GMT April 5, 2007
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boe 11 gmt
md 01:49 GMT April 5, 2007
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yes syd do u know the time not sure if its 5.30 am or so
Dallas GEP 01:47 GMT April 5, 2007
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CABA if you remember at that time all pairs were showing either a neutral or slightly negative bias compared to the dollar. Euro was shorting, GBP was shorting, NZD was shorting etc. The only pair that WAS longing against the dollar and SIGNIFICANTLY was the KIWI and this has basically been happening for the last 2-3 weeks unabated. The pair that was also significantly SHORTING was AUD/NZD. The range from high to low was approximately 100 pips. As you are well aware none of these pairs operate in a vaccuum for any significant amout of time so it is my assertion that KIWI was driven up against the dollar by several large players that SOLD AUD/NZD to accomplish it. There is MORE volatility in that pair of course because there are much fewer transactions than the majors and major crosses so in effect it would tale comparatively LESS money to do so. Can this be PROVEN...of course not but it is in my view a very logical explanation for the KIWI ;s movement.
md 01:42 GMT April 5, 2007
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thx dallas, do u know wat time london interest rate decision will b given
Syd 01:37 GMT April 5, 2007
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Great suits
Iran captives ‘freed’ after costume dramahttp://www.timesonline.co.uk/tol/news/world/middle_east/article1615589.ece
Dallas GEP 01:34 GMT April 5, 2007
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MD, short term 8210/15 should hold UNLESS some very large players want to push thru it which is possible since AUSSIE apparently is oblivious to TECHNICALS.
Philadelphia Caba 01:30 GMT April 5, 2007
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GEP, if you don't mind can you elaborate more on your 'Dallas GEP 14:12 GMT March 27, 2007' post (manipulation of kiwi..),pls? many thanks!
md 01:05 GMT April 5, 2007
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how abt aud/usd
Dallas GEP 01:03 GMT April 5, 2007
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AUD/NZD pair is over bought currently but then again so is AUD/USD. Look for a retouch of 1.1300 in the next 24 hours or so on AUD/NZD
Syd 00:57 GMT April 5, 2007
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Standard & Poor's April 5, 2007--Loans underlying New Zealand residential mortgage-backed securities (RMBS) that were in arrears by more than 30 days rose to 2.86% in January 2007 up from 2.24% in December, according to the latest RMBS statistics published by Standard & Poor's Ratings Services.
md 00:56 GMT April 5, 2007
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wat time is london iterest news tomorrow
Syd 00:51 GMT April 5, 2007
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Toronto MRC 22:55 good morning have to see
Syd 00:48 GMT April 5, 2007
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Carry Trades Powering Up But Mind The Rush - UBS
Judging by sharp bounce in AUD after RBA's on-hold decision yesterday, carry trades are back in full force, says UBS; "however, those worried there may be more unpleasant surprises out there similar to the sub-prime market, will be mindful in rushing headlong back into the carry trade. A similar no-change decision by the BoE would leave the recent run-up in high yielding currencies with very little backing, and hence vulnerable to an unwind in positioning." Bank expects BoE to stand pat, bringing tightening cycle to end. Adds USD is "neutral with respect to the carry trade, and at times exhibits some safe-haven properties"; outlook for USD will remain mixed though until there's more clarity on Fed outlook.
USA BAY 00:46 GMT April 5, 2007
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Tempted to short aud/usd at 8210 if seen, but at the way this thing has moved put gbp/jpy to shame. if 8215 taken out then 8385 october 1990 high is next. Any comments pls
md 00:42 GMT April 5, 2007
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is 8215 a major resistance
USA BAY 00:26 GMT April 5, 2007
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aud/usd resistance at 8215, option barrier 8200
md 00:23 GMT April 5, 2007
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norway u r not alone infact i really dont know wat now
by the way how does one know if a resistance is broken cos i have seen d auusi get to 8208 does it mean its ready to head on pls advise......confused newbie