Forex Forum Archive for 04/23/2007

AZUSA 4x-ed 23:57 GMT April 23, 2007 Reply   
Well Dr. Z, another allocation on EURYEN went at 160.78 with room for one more at lower levels. Will have to keep this one on a short leash so I do not end up on the wrong end of the harpoon.

Kudos on your COP. Same to FM on the $YEN short (living proof there's smarter ways to make trading fun)

Syd 23:54 GMT April 23, 2007 Reply   
The New Zealand Economy is Sinking While Financial Assets Soar
At first glance, New Zealand appears to enjoy the same “hot money” problem as emerging economies such as Thailand. There, global investors have been driving the currency higher by flooding the country with money. But the problem for New Zealand is that its own investors and consumers refuse to hold cash over anything else. The Reserve Bank in Auckland hiked its base rates once again this month. The tenth hike in three years, it took overnight yields on Kiwi Dollars to 7.50%, giving New Zealand the second highest rate of interest in the developed world after Iceland – a position it’s enjoyed for the last 7 years straight.link

Atlanta South 23:53 GMT April 23, 2007 Reply   
Halifax CB
Its proprietary, but my primary method is a MA METHOD I
put together with the help of a fellow trader. Works well
once you understand all the nuances it has. Short signals
been given on $/CAD since the 1.1499 zone & still saying
short @ this time. Its not 100% as none are, but it works
for me. Tks for your views & comments as they are appreciated. GT

Halifax CB 23:36 GMT April 23, 2007 Reply   
USA Zeus 23:08 GMT April 23, 2007
Same here, but in the other direction. I've moved my (short) entry down to 1.124 or so....otherwise it would have been a good day to clean house :)

BTW, thanks for the ref. COP; I don't follow ETF's much, and looking at the chart it's in a nice trend with regular drops to a support, at about 2 week intervals.

Syd 23:28 GMT April 23, 2007 Reply   
Kiwi living standards are falling behind the rest of world and our savings habits are dire, a major international report warns.
A review of the New Zealand economy by the Organisation for Economic Co-operation and Development (OECD), released early this morning, issues a stern warning over the size of our trade deficit, high interest rates, and savings rates amongst the lowest in the OECD.

http://www.stuff.co.nz/stuff/thepress/4036176a10.html

USA Zeus 23:24 GMT April 23, 2007 Reply   
It would not be much of a surprise to see USD/CAD rally a bit pre-data.

USA Zeus 23:08 GMT April 23, 2007 Reply   
Kaprikorn- yw.


Nothing done Monday on my USD/CAD's. In a holding pattern before blastoff.

Sofia Kaprikorn 23:05 GMT April 23, 2007 Reply   
Zeus - tnx

Syd 23:00 GMT April 23, 2007 Reply   
Negative Impact Of Higher Rates May Hurt NZD -ANZ

The prospect of higher NZ interest rates appears to be worrying some offshore FX participants, could weigh on NZD as markets brace for potential RBNZ hike Thursday, says ANZ Bank; "offshore participants are slowly digesting all the negative press around higher NZ interest rates. This will help to slow any ascent of the NZD when the RBNZ acts on Thursday." Says Wednesday's ANZAC Day holiday could lead to a weaker start for NZD Thursday ahead of RBNZ, with decline toward major support at 0.7334 a real possibility; last 0.7443

USA Zeus 22:57 GMT April 23, 2007 Reply   
Sofia Kaprikorn 22:39 GMT April 23, 2007

Good points. Volatility is cyclical and different markets tend to react differently at turning points. Often the volatility that is quoted is a historical measure of price often determined as a variation of an annualized logarithmic rate of change-referred to as statistical volatility.

Future volatility is obviously unknown with any absolute accuracy. However, implied volatility or the volatility that is implied for the future is based on how options are priced can be useful and in common methods such as GARCH. There are many option models avail. I prefer a variation of the binomial model Cox-Ross-Rubenstein with at least 100 iterations etc.
As for the DMI indicators and ADX not really sure if that is helpful or not for what you are asking. Hope that helps.
GT! :-)

LKWD JJ 22:56 GMT April 23, 2007 Reply   
went short cable last night @51. but its not the main feature yet as its reacting to carry trade winding/unwinding. the real stuff will be a bit later.

Sofia Kaprikorn 22:50 GMT April 23, 2007 Reply   
LKWD JJ 21:43 GMT //
nice to see AL's idea os Acc/ Dis in action... somebody said here that big players were silently accumulating here.. but whom one trusts

on tech side - I was also looking that positive MACD divergence on 1 to 4 hour charts... interesting as this is like a live case study..

do you happen to see Falling (Bullish) Wedge on Hourly (2 or 4) chart GBPUSD - on Hourly it looks a bit like descending Triangle but more likely to signal Continuation - any comments?

Sofia Kaprikorn 22:39 GMT April 23, 2007 Reply   
Zeus:

sorry to repeat that here - but Soros says "Volaility increases at turning points - when the trend is clear the volatility is low."

- I myself was asking how to measure volatility - I see that on the pro side-->> often the vol options are cited but actually not veru educated in that matter so don't know how to read the vol options data

any suggestions of other Volatility indicator? do you think ADX (D-, D+) can help or other? TIA

Gen dk 22:30 GMT April 23, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

USA Zeus 22:16 GMT April 23, 2007 Reply   
Sofia Kaprikorn 21:01 GMT April 23, 2007
I look at a blend of proprietary indicators that can be used for trend, swing and scalp trading. Primarily, I look for high probability inflection points at extreme high/low volatility areas and when flows flip from one direction to the other.

GT! :-)

Halifax CB 22:09 GMT April 23, 2007 Reply   
BTW - Atlanta South (if it's not proprietary) what sort of algorithm are you using?

Halifax CB 22:01 GMT April 23, 2007 Reply   
Atlanta South 21:15 GMT April 23, 2007
You're right, but I have to start on the easy ones :)

Mtl JP 22:00 GMT April 23, 2007 Reply   
dlrcad cruising, circling, smacking 'n licking lips like a shark around s/t support here at 1.1215 ahead of 1.12

Halifax CB 22:00 GMT April 23, 2007 Reply   
Sofia Kaprikorn 21:36 GMT April 23, 2007
Hi - sorry, sometimes I forget this is a pretty international forum. "LSQ" is just shorthand for "least squares", it's standard fitting of data points to a line (or what ever). (link for a more formal description: http://en.wikipedia.org/wiki/Least_squares )

For the number of data points on that one, I used 120 points, which (as it's an hourly chart), means 5 trading days of data. I used 2 and 4 deviations. I've found that works pretty well on $CAD, and eurjpy, so far.

Syd 21:53 GMT April 23, 2007 Reply   
NZ Living Standards Low, Econ Faces Hurdles -OECD
OECD bemoans slow progress in raising NZ's living standards, which still below most developed countries; "New Zealand's living standards, whether measured using GDP or net national income per person, lag well behind the OECD mean and median," the report says; adds macroeconomic imbalances weighing on short-term economic growth prospects; notes CPI pressures remain persistent with RBNZ efforts to cool consumer prices made tougher by debt-funded housing boom; "A period of slow growth will be needed before inflation pressures dissipate and the Reserve Bank can cut interest rates, allowing the exchange rate to depreciate." Warns against any big spending in this year's budget due for release next month, arguing that further fiscal stimulus will place more strain on interest rates, inflation.

LKWD JJ 21:43 GMT April 23, 2007 Reply   
1 more point. if you had a good amount of pips in hand from the last few days, would you roll them on a hike? short covering might be the initial spike . the last day or 2 might have been some accumulation vs the distribution thats been going on for a while.

LKWD JJ 21:38 GMT April 23, 2007 Reply   
just that 4hr chart showing pos divergence macd ,rsi(my favorite) has gone above 35. throw in crude and it starts to get interesting. above 11245 and its a definite buy.

Sofia Kaprikorn 21:36 GMT April 23, 2007 Reply   
Halifax CB 18:22 GMT //
yes - I looked ur chart agan - sirst time it looked to me like Envelopes but actually they like BBands are a calculated Percantage deviation of a central MA.
What MA do you use for the central axis of this channel indicator and what percentage for the Deviations?
sorry I really couldn't find what LSQ stand for..

Sofia Kaprikorn 21:25 GMT April 23, 2007 Reply   
LKWD JJ 21:18 GMT //
do you suggest that since Oil did a surge but with no follow thru in USDCAD - the pair wll reverse. what do you think?

LKWD JJ 21:18 GMT April 23, 2007 Reply   
with crude up over $65 and cad not talking the cue, sign of a tired 1-way mkt. might just be a blip until things settle down in algeria.

Atlanta South 21:15 GMT April 23, 2007 Reply   
Halifx CB
Ref 18:22 7 17:58...Nice impressive setup. I am using something similar, but not as impressive in design as yours
althought its has given short signals in $/CAD since
1.1511 & keeps me out of the range times. Its not 100%,
but works for me. Frankly I think any decent method
would have caught this move down. IMVHO of course.
GT

Sofia Kaprikorn 21:01 GMT April 23, 2007 Reply   
USA Zeus 19:58 //
hey sorry for asking again but I just am interested how you read the Crude Oil (NYMEX traded) chart?
if you have time to share your view of course!

GVI john 20:53 GMT April 23, 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	EUR/GBP	EUR/JPY
1900GMT	1.3572	118.59	1.2096	2.0009	1.1224	0.8333	160.95
High	1.3607	119.04	1.2129	2.0061	1.1244	0.8377	161.82
Low	1.3547	118.23	1.2058	1.9973	1.1217	0.8317	160.47
04/23/2007							
Simple mva	basis =>	04/23/2007					
5 day 	1.3583	118.85	1.2073	2.0036	1.1262	0.8355	161.16
10 day	1.3533	119.07	1.2119	1.9919	1.1323	0.8322	161.00
20 day 	1.3444	118.69	1.2151	1.9801	1.1439	0.8225	159.52
50 day 	1.3297	118.48	1.2206	1.9614	1.1586	0.8024	157.52
100 day	1.3175	119.05	1.2269	1.9604	1.1639	0.7924	156.83
200 day	1.2978	118.05	1.2336	1.9263	1.1452	0.7774	153.21

GVI john 20:52 GMT April 23, 2007 Reply   
GVI Calendar of selected key economic data, central bank meetings, etc....

Cape Town 20:39 GMT April 23, 2007 Reply   
Re earlier chirp ... my grass has grown ... not so sure about dlrcad.

LKWD JJ 20:39 GMT April 23, 2007 Reply   
looks like us players are enjoying the outdoors today.

Mtl JP 20:11 GMT April 23, 2007 Reply   
market may be willing to be data-reactionary: tuesday and wed see US housing numbers. cad will get BoC rate and customary yikyak

USA Zeus 19:58 GMT April 23, 2007 Reply   
COP 70.54 now so there we go.

Helsinki iw 19:51 GMT April 23, 2007 Reply   
madrid mm 18:34 GMT April 23, 2007

i.e. always stay long volatility?

LKWD JJ 19:42 GMT April 23, 2007 Reply   
cable looks like its losing its grip on 2 bucks.

USA Zeus 19:40 GMT April 23, 2007 Reply   
Well there it is higher 70.85 but- The rule of the scalpal trade is- Pigs get fed and hogs get slaughtered.

USA Zeus 19:37 GMT April 23, 2007 Reply   
Ok- Released the last of those little COP buzzards @ 70.70

USA Zeus 19:33 GMT April 23, 2007 Reply   
So gotta detain the rest @ b/e for later release.

USA Zeus 19:31 GMT April 23, 2007 Reply   
sorry up to 70.64. Couldn't release ARCA COP .65

USA Zeus 19:30 GMT April 23, 2007 Reply   
Released COP from 70.61-65
Bad Boys for life.

BUD Petr 19:25 GMT April 23, 2007 Reply   
~ $70 a piece is darn cheap! ;-)

moscow mike 19:25 GMT April 23, 2007 Reply   
Neighbor Purk, you make me ROTFLMAO

The Netherlands Purk 19:23 GMT April 23, 2007 Reply   
You bought police cars?

USA Zeus 19:20 GMT April 23, 2007 Reply   
and more COP 70.39

Gen dk 19:07 GMT April 23, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

USA Zeus 19:02 GMT April 23, 2007 Reply   
Bought more COP @ 70.45

USA Zeus 18:59 GMT April 23, 2007 Reply   
Bought some COP @ 70.57 to keep me busy.

USA BAY 18:52 GMT April 23, 2007 Reply   
SYD,

Could you comment on Aust CPI and the effect on aud/usd and rate hike. tia

Sofia Kaprikorn 18:42 GMT April 23, 2007 Reply   
USA Zeus 18:18 ..

yes yes - I started reading these but reading too much at once.. well will read them all and then ask if not clear enough. tnx.

Sofia Kaprikorn 18:37 GMT April 23, 2007 Reply   
USA Zeus 18:14 GMT //
hello - care to discuss Oil - USDCAD correlation?

I watch for direction this Daily chart:
http://quotes.ino.com/chart/?s=NYMEX_CL.M07&v=d3&w=1&t=c&a=50

it is off the 50 day MA - but it is just below the trend line from the Highs:Mar 31 -Apr 14 = so we can expect a bounce to the downside..

so given the Market expactation of BOC to leave the rate at 4.25 - - we basically look for a bottoming out of the CAD?

madrid mm 18:34 GMT April 23, 2007 Reply   
Worth to remember -

Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.

and

Opportunities multiply as they are seized.

Both from Sun Tzu

Lahore FM 18:27 GMT April 23, 2007 Reply   
Lahore FM 16:20 GMT April 23, 2007
a rise from 1.1219 now to 30 bid can result in day close much higher.battle is on.

-------------
almost there,let us see what happens now.

USA Zeus 18:26 GMT April 23, 2007 Reply   
Crude oil up 1.76

Halifax CB 18:22 GMT April 23, 2007 Reply   
Sofia Kaprikorn 18:09 GMT April 23, 2007
Hi - It's actually a custom indicator that works like a bollinger band (it uses an LSQ trend prediction to n samples - in this case 120, or 5 days); the bands are set to 2 (blue) and 4 (red) deviations. They aren't standard, as they are calculated separately for the above and below trend values. (it's designed to gt rid of the lag inherent in averaging based filters).

If you want to look at the algorithm, it's Here.

dc CB 18:19 GMT April 23, 2007 Reply   
Halifax CB 17:56 GMT April 23, 2007
dc CB 17:02 GMT April 23, 2007

I've been long CD using futures since the Unemployemnt Report on April 5, with trailing stop. Had been in before from March 19, but got stopped out on that trailer. Was going to wait until after Easter to reenter but the Employ Rpt was too strong to wait.

Hard for me to discuss levels etc because I usually don't use Spot.

Lahore FM 18:19 GMT April 23, 2007 Reply   
Sofia Kaprikorn 18:14 GMT April 23, 2007
guess CB and Zeus can throw more light on finer details.

USA Zeus 18:18 GMT April 23, 2007 Reply   
Sofia Kaprikorn 18:14 GMT April 23, 2007
Kaprikorn- Check the shatterfield.com site for tutorials etc.
GT! :-)

Sofia Kaprikorn 18:14 GMT April 23, 2007 Reply   
Lahore FM 18:02 //
hey!! tnx - I read smtg on TSAGroup page that suggested the same - because Comm..s use Futures for Hedging and don't care after that - - then we should follow the Large Traders (Non-Comm..s) for direction - since they are interested in profiting from the speculation?
is this correct as a view?

btw- if Comms are Big Banks, Mutual Funds - are the Non-Comms - hedge funds - I really have some problem of discerning who falls into which category - care for a little help,pls?
Appreciate your help!

London AL 18:14 GMT April 23, 2007 Reply   
London AL 17:04 GMT April 23, 2007
gbp.usd
=====
time to buy.
========
buy 2.0000/10

buy another lower 30 pip intervals .
close all 2.0040/50.
===
already entred long at 2.0010.

USA Zeus 18:14 GMT April 23, 2007 Reply   
Analista Fx 16:34 GMT April 23, 2007
Roger that.
Operation USD/CAD Rolling Thunder War of the Worlds- Missiles fueled and target package acquired...standby for Mission Impossible launch sequence.

Sofia Kaprikorn 18:09 GMT April 23, 2007 Reply   
Halifax CB 17:58 //
hi mte - care to discuss this:
I saw your USDCAD chart: is this 20 dayMA with 2 Trading Range Envelopes

>> if you like can you share whate Percentage you use for the 2 envelopes?

do you use MACD _ I still think we see MACD divergence on hourly and Daily timeframes...

Lahore FM 18:02 GMT April 23, 2007 Reply   
Sofia nov/Kaprikorn 17:52 GMT April 23, 2007
non comm i guess.

Halifax CB 17:58 GMT April 23, 2007 Reply   
Sorry, messed up the link, should be:
Link

Syd 17:57 GMT April 23, 2007 Reply   
New Record for Speculative Euro Longs
LINK

Halifax CB 17:56 GMT April 23, 2007 Reply   
dc CB 17:02 GMT April 23, 2007
Could be interesting then...I still have USDCAD as a short, with an entry level around 1.1255, and a SL above 1.1285.
Link (I tend to actually make the SL's higher, say above the 1.1305 level)....The only indications I have of a counter move are on much shorter time-frames.

Sofia nov/Kaprikorn 17:52 GMT April 23, 2007 Reply   
dc CB 17:02 //

hi - I see you follow COT reports closely - can you suggest which side (Commercials OR Non-Commercials) are more important to follow for changes in direction?

GENEVA DS 17:45 GMT April 23, 2007 Reply   
CREDIT CRUNCH in financial world is one day closer now... feeling to sell EURJPY tonite.... Personally I think we could retest 151.-- before month end... stop still 16130 ish... good risk reward... with coming crunch... USD is gonna rise in heaps and bounds against EUR and GBP... only timing a little bit difficult... but any fall below 135 or below 198 gives minimum 15 percent fall after wards in 6 month... good luck

Perth Randall El 17:41 GMT April 23, 2007 Reply   
USA BAY 17:37 GMT April 23, 2007

I did. He said 2.02 I said sell then sell if rise. He called me S4upid so wonder why he now sell?
Understand-bibi

USA BAY 17:37 GMT April 23, 2007 Reply   
PERTH RANDALL,

Why dont you just stick to your trading instead of harrasing Cris. Why not give your views, and lets see if those are accurate.

moscow mike 17:30 GMT April 23, 2007 Reply   
moscow mike 13:19 GMT April 23, 2007
Perhaps it is too eyrly to talk about, but my eyes & gut feeling tells me that USDCAD time/price pattern has changed from previous days....
-------------------------
Now it get clearer and clearer....

moscow mike 17:28 GMT April 23, 2007 Reply   
YEN is giving up last chances to unwind carries at good levels vs high yield currencies.

Gold has the same pattern.

All is market student's opinion.

USA Zeus 17:28 GMT April 23, 2007 Reply   
Right- Well here we are. Oil is now up 1.16 USD/CAD won't budge- Hmmm tired interest in the sell plan? Oil is still cyclical so this will be exciting. Smell indicator says something very interesting for the USD here.

Perth Randall El 17:17 GMT April 23, 2007 Reply   
CT Cris 16:52 GMT April 23, 2007
gbp.usd
======
sell @ 20030-20 tp 19970-60.
sell another @ 30 pips intervals if rise.

/////////////////////////////////////////////////////////////////
Mastah Cris- You now follow me to sell since signal when you guaranteed 2.02? USD.JPY 120 still coming as promised?

Johannesburg, ZA DBP 17:06 GMT April 23, 2007 Reply   
Could someone please explain to me what is going on with Gold? You'd be hard pressed to find an analyst that will tell you it's going down - they're all saying it'll go to $700.00 and beyond very soon ('To Infinity And Beyond'). One of them even said this would happen last Friday. Well I'm still waiting! Am I listening to the wrong analysts! Somebody else mentioned that there is a correlation between the price of Gold and the Crude Oil?

Dale.

London AL 17:04 GMT April 23, 2007 Reply   
gbp.usd
=====
time to buy.
========
buy 2.0000/10

buy another lower 30 pip intervals .
close all 2.0040/50.

dc CB 17:02 GMT April 23, 2007 Reply   
To me these two together say "switching sides".

http://www.freecotcharts.com/cot_charts/CD.PNG

http://www.stockcharts.com/c-sc/sc?s=$cdw&p=w&yr=0&mn=100&dy=0&i=p70737928148&r=5930]

CT Cris 16:52 GMT April 23, 2007 Reply   
gbp.usd
======
sell @ 20030-20 tp 19970-60.
sell another @ 30 pips intervals if rise.

CT Cris 16:49 GMT April 23, 2007 Reply   
gbp.usd
======
time to sell.

moscow mike 16:40 GMT April 23, 2007 Reply   
Too much people on board may sink the boat, even the biggest one.... LOL

Analista Fx 16:34 GMT April 23, 2007 Reply   
Battlestar Galactica ready to help USD/CAD!
All lasers on!
Federation analistafx/usazeus ready to the war of the worlds!

Lahore FM 16:29 GMT April 23, 2007 Reply   
fwiw,eurcad chart imo makes a case for higher usdcad from present prices.

Cape Town 16:28 GMT April 23, 2007 Reply   
So far today, my lawn has grown faster than dlrcad has moved.

USA Zeus 16:25 GMT April 23, 2007 Reply   
USD/CAD Battle stations ready- Defcon 2

Lahore FM 16:20 GMT April 23, 2007 Reply   
a rise from 1.1219 now to 30 bid can result in day close much higher.battle is on.

Mtl JP 16:17 GMT April 23, 2007 Reply   
dlrcad 1.12/1.1180 proximity radar battle station red alert, raise shields, load weapons and keep on hairtrigger unlcocked

Lahore FM 16:11 GMT April 23, 2007 Reply   
lkwd jj 15:55 GMT April 23, 2007
originally 115.50 but naturally 117.50 first as discussed with Moscow Mike earlier today.already have had a ride tokyo morn.

lkwd jj 15:55 GMT April 23, 2007 Reply   
Lahore FM 13:56 GMT April 23, 2007
sold usdjpy 119.01.stopless for now
============================
right on!!! target?

USA Zeus 15:53 GMT April 23, 2007 Reply   
AZUSA 4x-ed 15:26 GMT April 23, 2007

LOL Professor-Saw that! Well let's see if a harpoon and misguided depth charges backfire. Meanwhile, I see that SP 500 1500 looking brighter and brighter. Lots of earnings out this week.
-Z-

USA Zeus 15:51 GMT April 23, 2007 Reply   
Delray Beach RMN 15:19 GMT April 23, 2007

Hi RMN. I see GBP/USD as in a battle on 2.0. Seems to be exciting to the public atm. When that ends we'll see. ST looks like 2.0077 is the res point. As for USD/CAD just positioning for the odds stack.

GL GT! :-)

dc CB 15:47 GMT April 23, 2007 Reply   

$4 Gasoline

AZUSA 4x-ed 15:26 GMT April 23, 2007 Reply   
OK, nice and easy on that long EURYEN...
Doctor, I wish you all the best and may Cpt. Ahab run out of harpoons...

HK Kevin 15:23 GMT April 23, 2007 Reply   
hk ab 15:16 GMT, have you read Mr Chao's commentaries in HKEJ about the dlr level over the past few days.

Delray Beach RMN 15:19 GMT April 23, 2007 Reply   
zeus what are your view on cable am short from 2.0047 Looking for a move lower or do you see a rebound? all views appreciated Nice Cad forecast!

USA Zeus 15:16 GMT April 23, 2007 Reply   
Watch oil carefully here.

hk ab 15:16 GMT April 23, 2007 Reply   
thanks Kevin and zeus.

London NYAM 15:15 GMT April 23, 2007 Reply   
Finally we move on Cable.

HK Kevin 15:12 GMT April 23, 2007 Reply   
hk ab 15:00 GMT, divergance in 8-hr and 4-hr charts suggest 100 pips rebound of USD/CAD is possible.

USA Zeus 15:04 GMT April 23, 2007 Reply   
ab- Lack of serial dependency.

RIC fxq 15:02 GMT April 23, 2007 Reply   
Mtl JP 14:22 GMT

responded with my solution to the "sleeve" idea on the PF.

hk ab 15:00 GMT April 23, 2007 Reply   
what's the reason to long dlr/cad if trend keeps its shape so well?.... GL and GT.

USA Zeus 14:48 GMT April 23, 2007 Reply   
Ah- The neighborhood watchman. When he speaks I listen.

The Netherlands Purk 14:46 GMT April 23, 2007 Reply   
moscow mike 13:19 GMT April 23, 2007

Nope, just a slow day. Loonie will move from now on....

hk ab 14:45 GMT April 23, 2007 Reply   
zeus, I may join your team when I see the 5 dma can't hold or a sharp dive which triggers an exhaustion.

USA Zeus 14:42 GMT April 23, 2007 Reply   
Gold and oil diverging a bit here.

Budapest Z 14:31 GMT April 23, 2007 Reply   
Madrid is.... -212,98/-212,65 ... 09/14/07

madrid mm 14:28 GMT April 23, 2007 Reply   
Madrid is 14:09 GMT April 23, 2007

what do you mean ?

Mtl JP 14:22 GMT April 23, 2007 Reply   
Zeus re "Canada has more to offer than tar sand", ya it does: pulp-making timber for example.

But maybe a good time to concider a Scott paper short in light of Wipe your arse less, suggests Sheryl CrowOne sheet per sitting to save the planet

NYC beyond_destiny 14:19 GMT April 23, 2007 Reply   
can anyone comment on the weekly range of eurcad? TIA

Atlanta South 14:14 GMT April 23, 2007 Reply   
USA Zeus
You are welcome my friend. I'm out of $/CAD for now, but
just looked @ my method & the signal is still showing a short
for now, but a change could be near. 1200 zone could be
the key that unlocks another slice down. Just my views &
nothing more. I really like Dr. Q's lastest post on the pair as
it is pairing up well with my humble method. Gt

Mtl JP 14:13 GMT April 23, 2007 Reply   
Zeus 14:05 (and CAN-AM) / fwiw, I am expecting to be a dlrcad buyer around end of august 2006's 1.1030ish level, should the looner diver descend there in a more-or-less straight line.

Madrid is 14:09 GMT April 23, 2007 Reply   
Can anyone tell me how many points out are there on USDYEN for Sep 14?

USA Zeus 14:05 GMT April 23, 2007 Reply   
fairfield JC 22:04 GMT April 21, 2007, ATL South, Moscow Mike(+ Mechanics), Lahore FM, Mtl JP, Professor-

Thx for your USD/CAD views

USA Zeus 14:03 GMT April 23, 2007 Reply   
Now we're talking! :-)

Lahore FM 14:01 GMT April 23, 2007 Reply   
usdcad has some bullish promise to it.

madrid mm 13:59 GMT April 23, 2007 Reply   
fwiw
Russia's former president Boris Yeltsin has died, a Kremlin spokesman told AFP Monday. He was 76.

Bahrain Bahrain1 13:59 GMT April 23, 2007 Reply   
Former Russian President Boris Yeltsin dies. (Reuters citing Interfax)

Bahrain Bahrain1 13:58 GMT April 23, 2007 Reply   
Market rumour is that central banks are behind the dips buying.

Lahore FM 13:56 GMT April 23, 2007 Reply   
sold usdjpy 119.01.stopless for now.

UK Alex 13:53 GMT April 23, 2007 Reply   
ab, I thought the BOJ hike had been ruled out for now. Didn't future CPI expectations receive a downgrade recently?

hk ab 13:50 GMT April 23, 2007 Reply   
Alex, probably the weak hearts want to exit before the BOJ minutes. BUT, if BOJ hike 0.25, be careful with the collapsing cascade....this morning selloff could be due to the early bird as well.

UK Alex 13:43 GMT April 23, 2007 Reply   
ab, Any clue as to why yen pairs sold off earlier today?

hk ab 13:38 GMT April 23, 2007 Reply   
dlr/cad still can't touch my limit...... chf is in, let's see and find out where it wants to go from here. My bet is the next jap dive will send the pair down together.

UK Alex 13:28 GMT April 23, 2007 Reply   
Sofia Kaprikorn 10:55 GMT April 23, 2007
Should also observe the relationship between oil and the dollar. Producers won't be happy to see their profits being eroded away by currency depreciation.

USA Zeus 13:21 GMT April 23, 2007 Reply   
Sofia Kaprikorn 10:55 GMT April 23, 2007

Kaprikorn- I prefer to trade and analyze the intraday flows coming from NYMEX. It appears to be at an inflection point. However, I do trade it apart from the loon. While fully aware of certain tendencies between them I like to think that Canada has more to offer than tar sand.
GT! :-)

moscow mike 13:19 GMT April 23, 2007 Reply   
Perhaps it is too eyrly to talk about, but my eyes & gut feeling tells me that USDCAD time/price pattern has changed from previous days....

AZUSA 4x-ed 13:12 GMT April 23, 2007 Reply   
EURJPY may be a long above 161.2, however I would give the fade masters some room before jumping in...

Dallas GEP 12:56 GMT April 23, 2007 Reply   
BTW KIWI shorts are still working from 7480 with stop there as well.

Dallas GEP 12:54 GMT April 23, 2007 Reply   
Bay, at ths point in time I do not have a good handle on aud/nzd movement. No doubt tho that for whatever reason KIWI is stronger than the OZ presently. I can't find a good reason for that either

Dallas GEP 12:51 GMT April 23, 2007 Reply   
Closed some of my eur/gbp shorts here. Rest are running with stop at entry . At this point in time , GBP IMO will start to short FASTER than euro so eur/gbp could go long

Auckland peat 12:22 GMT April 23, 2007 Reply   
sold more AUD/NZD at 1.1196...

GVI john 12:16 GMT April 23, 2007 Reply   
GVI Calendar of selected key economic data, central bank meetings, etc....

GVI john 12:16 GMT April 23, 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	EUR/GBP	EUR/JPY
1900GMT	1.3598	118.75	1.2072	2.0037	1.1219	0.8375	161.48
High	1.3638	118.97	1.2092	2.0058	1.1301	0.8376	161.96
Low	1.3586	118.25	1.2038	1.9992	1.1217	0.8340	161.12
04/20/2007							
Simple mva	basis =>	04/20/2007					
5 day 	1.3578	119.09	1.2081	2.0014	1.1280	0.8353	161.43
10 day	1.3511	119.14	1.2136	1.9880	1.1353	0.8305	160.84
20 day 	1.3432	118.67	1.2153	1.9785	1.1459	0.8214	159.34
50 day 	1.3284	118.55	1.2214	1.9604	1.1596	0.8011	157.46
100 day	1.3172	119.02	1.2268	1.9601	1.1642	0.7919	156.75
200 day	1.2973	118.04	1.2338	1.9256	1.1453	0.7769	153.14

Ramat Afal SBS 12:03 GMT April 23, 2007 Reply   
Cris, thanks again.

CT Cris 11:58 GMT April 23, 2007 Reply   
Ramat Afal SBS 10:50 GMT April 23, 2007
CT cris, hello dear !
=====
usd.chf is heading twd 121.50

TREVISO Fede 11:57 GMT April 23, 2007 Reply   
What is doing cable? down or good buy opportunity? I 'm short now but ...

Ramat Afal SBS 11:21 GMT April 23, 2007 Reply   
Jerusalem, thanks.
agree with you, I have the feeling that we are very close to reversal, although still no technical confirmation yet.

CANBERRA JD 11:18 GMT April 23, 2007 Reply   
Question.
Should the data tomorrow for AUD coming as expected, what will the effect be on the aud/usd pair. I have a hunch that it will be out as expected. So I would say a down trend will start from here, as inflation is slowing.

Jerusalem ML 11:15 GMT April 23, 2007 Reply   
ramat
dollar to be strong this week
look for swissie to test 1.22
and euro fall to 1.3500

ABHA FXS 11:13 GMT April 23, 2007 Reply   
Best Area Short ..
USDCHF
1.2110
1.2126
1.2143

Sofia Kaprikorn 10:55 GMT April 23, 2007 Reply   
Zeus - what's your take on Oil - I watch a Daily nymex chart on Ino - and it has bounced off the 50 MA to 64.11 - however if it breaks under the USDCAD will revert (with the event risk of the BOC of course..)?

Ramat Afal SBS 10:50 GMT April 23, 2007 Reply   
CT cris, hello dear !
do you think $/CHF above 121.10 is a short?.
or better stay out this pair as $ showing resilient against the swissy all the time recently.

London NYAM 10:05 GMT April 23, 2007 Reply   
GBPUSD// I show 1.9890 as strong support but the move may have already been complete. I owuld have prefered a final move to test and fail at 1.9960-70 area before going back over 2.0000. and launching its next attck over the 2.0133 high.

Sofia mik 10:03 GMT April 23, 2007 Reply   
http://www.timesonline.co.uk/tol/news/uk/article1687360.ece

Johannesburg DBP 09:56 GMT April 23, 2007 Reply   
Sorry - my mistake - wrong graph (previous message) (I was looking at the 1 hour and not the 30 minute which I normally work from).

GBP/USD has rallied through 120SMA but seems to be finding support at 300SMA, MACD seems to be heading for a change in direction and Oscillators are rising.

Now what?

Dale.

Johannesburg DBP 09:52 GMT April 23, 2007 Reply   
By the way - GBP/USD - rallied through 120SMA, MACD going down with Oscillators moving down, Parabolic SAR nowhere indicatin reversal indication (with my settings anyway).

How far down are we going everyone?

Dale.

Johannesburg DBP 09:47 GMT April 23, 2007 Reply   
By the way London NYAM - I hope it is not that Swiss crowd where you have to have $50 000.00 USD to open an account - if it is - you're in a total different league from me and I give you a bow of respect!

Dale.

Johannesburg DBP 09:43 GMT April 23, 2007 Reply   
OK - well - in my opinion - on the 30 minute chart for EUR/USD - with 120SMA and 300SMA - it has broken through the 120SMA and rallied through the 300SMA so I am inclined to agree with you. I have changed settings for Parabolic SAR and this is indicating to hold on. MACD is still going down as well but looks like it might just be starting to change direction.

Comments anyone?

Dale.

slv sam 09:37 GMT April 23, 2007 Reply   
sorry 4 typing mistake..keyboard low battery:)

slv sam 09:36 GMT April 23, 2007 Reply   
imo euro correction is complete at 3554 abd now ready toa ttack all time hih 3665!GT

London NYAM 09:36 GMT April 23, 2007 Reply   
Johannesburg DBP 09:29//
Welcome to the forum.
It was definitely not the host who brokered/wankered me. It was a big name Geneva based bank that I now believe is no better than a chop-shop. Collecting evidence to throw at them.

Johannesburg DBP 09:29 GMT April 23, 2007 Reply   
In my last message the name of my broker changed to censored. Why would that happen? I was being complimentary. For the record this forum is hosted by my broker.

Johannesburg DBP 09:27 GMT April 23, 2007 Reply   
I hope that was not my beloved censored that you wankered!!!

(Sorry - I have just signed up here and need to check that it's working properly so I had to say something. I promise you my next contribution will be more meaningful).

Dale.

warsaw TOMi 09:07 GMT April 23, 2007 Reply   
hk ab 08:25 GMT April 23, 2007

can you post stop and target please?

followed, and shorted 2103,stop 2121, target open.

€/$ added long 3557,stop same 3544.

warsaw TOMi 08:43 GMT April 23, 2007 Reply   
NY tim 08:39 GMT April 23, 2007
yes, we shall.

London NYAM 08:41 GMT April 23, 2007 Reply   
Long USDGBP: Wankered by my broker again at 2.0010. hahaha

NY tim 08:39 GMT April 23, 2007 Reply   
shall we take off 1.3650 option before reversing to USD?

hk ab 08:25 GMT April 23, 2007 Reply   
colme on 1.21.....

madrid mm 08:24 GMT April 23, 2007 Reply   
April 23 (Bloomberg) -- When China allowed a small rise in the value of its currency in 2005, Hangzhou food-company executive Wang Yuzhou saw his profits squeezed. Any further move threatens the livelihoods of his 1,000 workers and the 5,000 rural households that supply his plants, he says.

John Walker says China's currency policies have already cost 100 jobs at his Lewisburg, Tennessee, die-casting company. He wants the U.S. Congress to do ``whatever it takes'' to force an increase in an undervalued yuan that he contends gives an unfair advantage to Chinese competitors.
Click here

warsaw TOMi 08:17 GMT April 23, 2007 Reply   
€/$ LONG 3566, stop 3544, targets 3636.

hk ab 08:16 GMT April 23, 2007 Reply   
place chf short limit 1.21......

madrid mm 08:11 GMT April 23, 2007 Reply   
April 23 (Bloomberg) -- New Zealand's dollar dropped the most of any currency today, followed by its Australian counterpart, as Standard & Poor's raised the debt rating for Japan.

The New Zealand and Australian dollars also fell the most in three weeks against the yen on speculation funds will sell assets in those countries to buy Japanese investments, after S&P lifted the rating one level to AA from AA-. The two currencies were the biggest beneficiaries of so-called carry trades, where investors bought higher-returning assets with money borrowed in Japan.

``The upgrade potentially promotes capital inflows into Japan,'' said Ray Attrill, director of foreign exchange research at Forecast Ltd. in Sydney. ``There was a bit of an unwind in carry trades going on.''

Syd 08:08 GMT April 23, 2007 Reply   
Australia Costello Says No Upstream Price Pressure From PPI

Australian Treasurer Peter Costello said Monday the latest producer price index result shows there are no upstream price pressures within the Australian economy.

"The upstream price index that was released today was good news," Costello told reporters. "It shows there aren't significant pressures, in fact it was flat."

Melbourne Qindex 07:50 GMT April 23, 2007 Reply   
Melbourne Qindex 06:29 GMT April 21, 2007
USD/CAD (Updated) : Eventually the market has entered into the extreme levels of 1.1040 - 1.1226. Projected resistant points are positioning at 1.1374 and 1.1412. Speculative selling pressure will increase when the market is able to trade below 1.1133. As shown in my weekly cycle charts the market has a good potential to tackle the level at 1.1166 - 1.1176.

Melbourne Qindex 08:48 GMT April 11, 2007
USD/CAD (Monthly Cycle) : ... As shown in my monthly cycle charts the market is under pressure when it is trading below 1.1597. The odds are high that the lower barrier at 1.1342 // 1.1412 will be tackled. Speculative selling pressure will increase when the market is trading below 1.1400 and the market may test the extreme trading range of 1.1040 - 1.1226 if the downward trending momentum is strong enough to penetrate through the lower barrier at 1.1342 // 1.1412.

hk ab 07:45 GMT April 23, 2007 Reply   
who said cad is weak?....yummy..... I don't even have a chance to short more at 5 dma.

Gen dk 07:38 GMT April 23, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

madrid mm 07:19 GMT April 23, 2007 Reply   
Bahrain, it is a well known fact that Dutch people not only speak this incomprehensible language , ie Dutch except themselves, but they speak at least 4 or 5 foreign languages 8-)

I have a " strange" question , but has Japan ever mentionned a Stong Yen policy ? Thxs in advance for those who answer.

Bahrain Bahrain1 06:57 GMT April 23, 2007 Reply   
madrid mm 06:24 GMT April 23, 2007
Netherlands T 06:13 GMT April 23, 2007
Will ABN report in GBP from now on ???? 8-)


I hope they speak english :-)

Netherlands T 06:45 GMT April 23, 2007 Reply   
madrid mm 06:24 GMT April 23, 2007

Not much details known yet. Seems all a bit strange. The shareholders have to agree first. The shareholdermeeting is thursday.

madrid mm 06:29 GMT April 23, 2007 Reply   
FWIW - Weekly Outlook: Focus Turning to US Growth Data after a Record Breaking Week - Click here

madrid mm 06:24 GMT April 23, 2007 Reply   
Netherlands T 06:13 GMT April 23, 2007

Will ABN report in GBP from now on ???? 8-)

AMS MAXXIM 06:24 GMT April 23, 2007 Reply   
Barclays flag >< KRAW?

madrid mm 06:23 GMT April 23, 2007 Reply   
Well done Moon , sincerely. good money mangement is the key IMHO.

Rates decision this week.
In GMT
Tuesday, Apr 24, 2007
13:00 Bank of Canada Rate Decision
Wednesday, Apr 25, 2007
21:00 NZD Reserve Bank of New Zealand Rate Decision
Thursday, Apr 26, 2007
--- JPY Bank of Japan Rate Decision

USA Zeus 06:21 GMT April 23, 2007 Reply   
Looks like the misguided depth charges and contra-USD complacency*ists have been shaken in after their paralysis.
Now for the shake-out-

USA Zeus 06:26 GMT April 18, 2007
Well if the weekly "shake-in, shake-out" theme comes true a nice balance point would be in the middle of the week.

Alaska Moon 06:17 GMT April 23, 2007 Reply   
madrid mm 06:11 GMT April 23, 2007
========
I call my trasing system...."what's happening now". I just
try to do what my charts say, and with money management
I have survived for a long time.
Moon

Netherlands T 06:13 GMT April 23, 2007 Reply   
Barclays flag hanging next to ABN AMRO flag on headquarters in Amsterdam. Pressconference at 9.00 dutch time.

madrid mm 06:13 GMT April 23, 2007 Reply   
this news - ----- FT article" Japan eyes active state investment fund".

looks to me that FX is definately becoming more and more popular as an asset class on its own

madrid mm 06:11 GMT April 23, 2007 Reply   
8-) indeed Alaska !

Highlights

Barclays and ABN Amro have proposed deal to merge. Barclays and ABN Amro says holding company of the combined group will called Barclays PLC. Barclays to offer EUR36.25 for each ABN share. WIll offer 3.225 of its share for each share of ABN. Combined group HQ will be in Amsterdam. Deal expected to close in Q4 2007.

Barclays says Bank of America agrees to buy ABN's LaSalle for $21bln.

S+P raises Japan Long Term sovereign debt rating to AA from AA-.

ECB Nicholas Garganas says a strengthening euro may stop the ECB raising interest rates further- Greek newspaper To Vima reported. Appreciation of Euro hurts exports. -BBG.

US Trsy Henry Paulson says he is "a big believer in a strong dollar", but reiterates that China CNY needs to appreciate more against USD - PBS.

ECB Pres Jean-Claude Trichet says he notes with interest Paulson statement that a strong USD is in US interest.

Aust Dep Finmin Christoph Matznetter "Nobody is particularly happy about the Japanese Yen when it is at this level. as advantages exist for the Japanese economy."

NKS: There is growing speculation in the market that the BoJ will raise key interest rates at its August policy board meet.

FT article" Japan eyes active state investment fund". Japan is considering establishing a special state investment fund - modelled on Singapore's Tema­sek - to manage part of its $909bn in FX reserves.

UK Guardian: There is no town in Britain where average property prices are blw GBP100K, according to Halifax. BoE expected to hike by minimum 0.25% to 5.5% on May 10.

Aussie Q1 Final Goods PPI came in 0%, vs expected +0.6%, and coming in +2.8%y/y vs poll of 3.5%.

Shanghai stock markets hit new highs of 3,692, up 106pts.

JPY sold initially to 119.01 on UK clearer, out of HK, US fund selling, before coming off on Japanese sales, talks of Japanese agricultural, custodian and regional banks selling at highs.

Cross/JPY continues to come under pressure after the fixing, on back of broad based Japanese exporters, fund managers, Europeans and US houses selling, with Cross/JPY sold after surprise S+P upgrade, and also EUR/JPY selling on the huge Eurozone bond coupons and redemption on April 25, coupons to the value of EUR14.3b, and redemptions of EUR17.9b.

USD/JPY stoploss orders hit on break of 118.40-50, to lows of 118.24, while EUR/JPY stoploss hit belwo 161 to 160.66, more stoploss on break of 160.50, USD/JPY at 118.00.

Market cautious of more unwinding of JPY carry trades as well, ahead of Japan Golden Week starting on Monday next week, though downside, still talks of toushin/ importers demand.

EUR/USD, EUR/JPY, EUR/CHF, EUR/GBP also weighed by ECB Garganas comments that high Euro will stop ECB rate hikes. EUR/USD sold German, and US houses, bids at 1.3550-60, options still at 1.3650,

AUD/USD deflated, sold to 0.8444 after flat PPI, pointing to weaker CPI tom and likely RBA pause in May, opt expiry 0.8330. while Cable above 2.00, key resistance still 2.0100.

Nikkei +0.08% or 13.38pts at 17,446, little support from S+P upgrade. JGBs little changed, with 10-year yield -0.010% at 1.675%.

Asian FX range: USD/JPY 118.24/119.01, EUR/USD 1.3580/1.3607, GBP/USD 2.0020/2.0064, USD/CHF 1.2066/1.2081, AUD/USD 0.8342/0.838-, NZD/USD 0.7429/0.7485.

Tehran 06:09 GMT April 23, 2007 Reply   
Can i deal forex and international stocks with my censored account in MetaTrader 4 software by setting the censored server IP in my MetaTrader???
In the online version of censored trader instrument, i can not use any indicator. That is true??

Alaska Moon 06:00 GMT April 23, 2007 Reply   
madrid mm 05:57 GMT April 23, 2007
=======
How true !!! If those people trade, they better bring PLENTY MONEY LOL

madrid mm 05:57 GMT April 23, 2007 Reply   
Trading Psychology - Written by Dr. Van K Tharp -
"Most people make a big deal out of market prediction. They think they need to be right 70% or better in order to "pass" the exam that the market gives them. They also believe that they might get an "A" if they could be right 95% of the time. The need to predict the market steps from this desire to be right. People believe that they cannot be right unless they can predict what the market is doing."

Perth Randall El 05:47 GMT April 23, 2007 Reply   
There you are. Been buying all the way down for your promise of 120.00. Did you like my sell recommendation for GBP/USD when you said it was going to 2.02?

madrid mm 05:47 GMT April 23, 2007 Reply   
gm fx jedi , have a nice week.

CT Cris 05:44 GMT April 23, 2007 Reply   
usd.jpy
=====
buy @ 118.00-10 tp 118.70-80.
buy another at intervals 30 pips if decline more.

hk ab 05:37 GMT April 23, 2007 Reply   
no one say anything while dlr/jpy made a 1 dollarmove soon....

Lahore FM 05:34 GMT April 23, 2007 Reply   
moscow mike 05:20 GMT April 23, 2007
yep Mike looking for 115.50 myself .

Pequod Ahab 05:25 GMT April 23, 2007 Reply   
Harpoon ready for the great whale hunt!

Mumbai NS 05:25 GMT April 23, 2007 Reply   
One of those days where r/r on shorting euryen is double the fun cheers gl gt

Canberra id1 05:22 GMT April 23, 2007 Reply   
Sydney ACC 03:28 GMT April 12, 2007
Syd 01:47 GMT April 12, 2007
Thank you—forgot until today.

moscow mike 05:20 GMT April 23, 2007 Reply   
Lahore FM 04:53 GMT April 23, 2007
--------
IMO usdyen at 117.5 this time may bring us to 115 pretty fast.

Good trades as always!

moscow mike 05:13 GMT April 23, 2007 Reply   
CAN-AM 04:59 GMT April 23, 2007
Sounds reasonable

Heard one of them called Z..., bought huge last week.

CAN-AM 04:59 GMT April 23, 2007 Reply   
Decision by BOC to keep rate same or cut is not why USD will rise over CAD. But it may help is to rise more anyway. Big big big whales are buying heavily now. You only see what happened recently as reason for more in the future. That is flawed.

Lahore FM 04:53 GMT April 23, 2007 Reply   
the S&P upgrade of japan soveriegn ratings to AA from AA minus might be enough to see it trade 117.50 or lower later today.

Mtl JP 03:57 GMT April 23, 2007 Reply   
CAN-AM 03:15 - think BoC is inclined to cut ? or phishing trying to get little better price (1.1250/1.13) to short ahead of Tuesday ?

Syd 03:26 GMT April 23, 2007 Reply   
USD/JPY, EUR/JPY Slip After S&P Upgrade

] USD/JPY, EUR/JPY slip slightly on news that S&P upgrades Japan's sovereign ratings, says trader at major Japan bank. Adds further falls likely limited for now, may fall slightly more when European market shows reaction to news.

CAN-AM 03:15 GMT April 23, 2007 Reply   
Me thinks USD vs CAD go up. If you short it you will soon be in deep deep doo-doo.

Van jv 02:39 GMT April 23, 2007 Reply   
April 23 (Bloomberg) -- Prices paid to Australian producers were unexpectedly unchanged in the first quarter, reducing expectations the central bank will raise interest rates next week.

A 1.1 percent drop in import prices kept the producer price index at the same level as the fourth quarter, the Bureau of Statistics said in Sydney today. The median estimate in a Bloomberg News survey of 23 economists was for a 0.6 percent gain.

Melbourne Qindex 02:16 GMT April 23, 2007 Reply   
AUD/USD : the current expected trading ranges from my weekly cycle are :- ... 0.8272 // 0.8295* - 0.8324 - 0.8339 - 0.8354* - [ 0.8383] - 0.8413* - 0.8428 - 0.8443 - 0.8472* // 0.8494 ...

hk ab 01:34 GMT April 23, 2007 Reply   
new dlr/cad short limit 1.1261

Syd 01:30 GMT April 23, 2007 Reply   
Australian 1Q Final PPI +0.0% Vs 4Q, +2.8% On Yr

Syd 01:16 GMT April 23, 2007 Reply   
Warning Signals On JPY Crosses - BNP Paribas

Yen crosses showing some warning signals on carry trade in wake of strong JPY bounce over past week, says BNP Paribas; reversal patterns in several places suggest strength to continue medium term, major trendlines also being challenged, suggesting "a change in trend is potentially taking place." Most significant price action in USD/JPY, where it says a key reversal week being developed, implying corrective top in place; suggests selling pair at 118.70 targeting 115.50, with a weekly close below 118.25 confirming bearish pattern. Says NZD/JPY pullback from 89.05 high has formed bearish key reversal, suggesting major top forming; AUD/JPY break of steep upward trendline in place since early March confirms top set at 100.05 high.

Sydney ACC 00:23 GMT April 23, 2007 Reply   
Fate of sterling is out of Chancellor’s hands

http://business.timesonline.co.uk/tol/business/columnists/article1690585.ece