Chennai AMI 23:36 GMT April 1, 2013
EUR/JPY
Reply
Any views on EUR/JPY please
jkt abel 23:28 GMT April 1, 2013
sell usd
Reply
Usd starts trending down in many pairs at small time frames. Start selling intraday.
Mtl JP 23:14 GMT April 1, 2013
Australia
what is your "guarantee" ot ?
-
ps / your resistance is futile: you will be assimilated.
Canberra ot 23:01 GMT April 1, 2013
Australia
PMI data is no longer relevant as Australia doesnt have a manufacturing base anymore. Soon we will be paying more attention to data like CMD....Chinese Migration Data......and will will soon be a nation if you dont work underground in the coalmines , you will be a tourist guide for chinese tourists....Bring Back WAP.( White Australia Policy).
Whatever party wins next election i can guarantee you there will be major changes in Import duties, investment and Migration towards the chinese.
Sydney ACC 22:48 GMT April 1, 2013
Australia
And Aussie strengthens.
GVI Forex john bland 22:33 GMT April 1, 2013
Australia
AU PMI in contraction and weakens...
GVI Forex john bland 22:23 GMT April 1, 2013
Australia
Reply
HEADS-UP: Data Due shortly
(see top of Forum for details)
AUDUSD= 1.0431
EURUSD= 1.2840
GBPUSD= 1.5223
USDJPY= 93.24
Syd 21:44 GMT April 1, 2013
Bomb from Brussels: Cyprus Model May Guide Future Bank Bailouts
Reply
When the 47-year-old Dutch finance minister became head of the Euro Group three months ago, the first thing he did was deactivate his Twitter account. In meetings of the finance ministers of the 17 euro-zone states, he let his counterparts do most of the talking. And whenever he appeared before reporters in Brussels afterwards, he would start with sentences like: "Maybe it's good, if I say something."
LINK
GVI Forex john bland 20:37 GMT April 1, 2013
Slew of PMI reports due. Japan and U.S. data mixed. Europe returns
Reply
- HIGH
IMPACT ITEMS: AU- PMI, RBA, Europe - PMIs, US.- Factory Orders.
- Data in the quarterly Japanese
Tankan were mixed early Monday. Later, the two U.S.
manufacturing PMIs (ISM and manufacturing) were on the soft side.
- There were week-end
reports in the
Japanese press that on Thursday the BOJ will announce a new monetary
easing scheme. It is typical for Japan to leak news of this type
initially in the press beforehand to dampen market reactions.
- Markets
are still
waiting for a government in Italy.There were stories over the weekend
that Italian President Napolitano could resign after attempts to form a
new government failed. Italy is a
lot
more important to Europe than is Cyprus.
- Most
markets will have opened by Tuesday. This week sees a full economic
calendar.It is also an especially active week for data/central bank
meetings.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.2941
|
JGB
0.57% +2bp
|
Asia:Lower
|
USDJPY
94.92
|
Bund
129% 0bp
|
Europe:
Holiday
|
EURJPY
122.85
|
U.S.1.84%
-2bp
|
U.S.:
Lower
|
GVI Forex john bland 19:49 GMT April 1, 2013
Chart Points
UPDATED. Global-View Free FX Database. High-Low-Close
data for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.
GVI Forex Blog 18:56 GMT April 1, 2013
Reply
Event risk today: NZ has Q1 employment confidence data, the RBA meets in Australia. We expect the RBA to retain the, “scope to cut”, commentary. The Australian calendar includes the March AIG PMI and RP Data-Rismark home prices. US data tonight include Feb factory goods orders, March auto sales and the March IBD-TIPP economic optimism index. Plenty of Fedspeak is on tap this evening (Kocherlakota, Lockhart, Evans and Lacker).
Forex - Westpac Morning Report
GVI Forex john bland 16:40 GMT April 1, 2013
Fixed Income
Reply
Many major bond markets closed.
GVI Forex Blog 15:08 GMT April 1, 2013
Reply
April 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, April 2. Updated: Trading Events Calendar
HIGH IMPACT ITEMS: HIGH IMPACT ITEMS: AU- PMI, RBA, Europe - PMIs. US.- Factory Orders.
GVI Forex Data Outlook for 2 April 2013
GVI Forex john bland 15:05 GMT April 1, 2013
Calendar
Reply
April 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, April 2.
Updated: Trading Events Calendar
HIGH IMPACT ITEMS: HIGH IMPACT ITEMS: AU- PMI, RBA, Europe - PMIs. US- Factory Orders.
- Far East: AU- PMI, RBA.
- Europe: CH/GE/FR/EZ/GB- mfg PMI, EZ- Unemployment.
- North America: US- Factory Orders, API.
GVI Forex john bland 14:16 GMT April 1, 2013
United States
U.S./Eurozone PMIs. U.S. PMI weaker than forecast and February data.
to dk 14:02 GMT April 1, 2013
United States
Sell GBPJPY
Entry: Target: Stop:
hyena still short
GVI Forex john bland 13:51 GMT April 1, 2013
United States
HEADS-UP: Data Due shortly
(see top of Forum for details)
EURUSD= 1.2815
GBPUSD= 1.5210
USDJPY= 93.66
dc CB 13:42 GMT April 1, 2013
United States
POMO Mon thru THURS this week
$2.75 - $3.50 billion
$1.25 - $1.75 billion
$3.00 - $3.75 billion
$1.25 - $1.75 billion
Hyderabad krishna 13:14 GMT April 1, 2013
eur/jpy
Reply
Amman wfakhoury 11:29 GMT April 1, 2013
EURJPY: Reply
Hyderabad krishna
I already posted about eurjpy and said poss to reach 120.00
and reached ,
-----------------------
any next confirmation levels.....sr.........
GVI Forex john bland 13:04 GMT April 1, 2013
United States
U.S. flash Markit (not ISM) Mfg PMI. flash data revised down modestly.
GVI Forex john bland 12:58 GMT April 1, 2013
Chart Points
Reply
Day-Trading Chart Points (basis prior day ranges)
GVI Forex john bland 12:48 GMT April 1, 2013
United States
Reply
HEADS-UP: Data Due shortly
(see top of Forum for details)
EURUSD= 1.2820
GBPUSD= 1.5206
USDJPY= 93.64
Amman wfakhoury 11:29 GMT April 1, 2013
EURJPY
Reply
Hyderabad krishna
I already posted about eurjpy and said poss to reach 120.00
and reached ,
GVI Forex john bland 10:47 GMT April 1, 2013
U.S. data due. Most of Europe closed for Easter Monday
Reply
- HIGH
IMPACT ITEMS: US- Mfg PMIs.
- There are reports in the
Japanese press that the BOJ on Wednesday will announce a new monetary
easing scheme. It is typical for Japan to leak news of this type
initially in the press beforehand to dampen market reactions.
- Markets
are still
waiting for a government in Italy.There were stories over the weekend
that Italian President Napolitano could resign after attempts to form a
new government failed. Italy is a
lot
more important to Europe than is Cyprus.
- A slew of Fed speakers
Wednesday recently have sent dovish policy signals..However, there is a
growing perception
that while Fed ease is not going to change, that the amount of central
bank bond purchases is going to be gradually scaled back.
- Many
markets are closed again on Monday. The U.S. sees a full economic
calendar.This is an especially active week for data/central bank
meetings.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.2961
|
JGB
0.57% +2bp
|
Asia:Lower
|
USDJPY
94.62
|
Bund
129% 0bp
|
Europe:
Holiday
|
EURJPY
123.00
|
U.S.1.86%
+bp
|
U.S.:
Lower
|
GVI Forex Blog 10:46 GMT April 1, 2013
Reply
HIGH IMPACT ITEMS: US- Mfg PMIs.
There are reports in the Japanese press that the BOJ on Wednesday will announce a new monetary easing scheme. It is typical for Japan to leak news of this type initially in the press beforehand to dampen market reactions.
U.S. data due. Most of Europe closed for Easter Monday
GVI Forex john bland 10:19 GMT April 1, 2013
China
China PMIs. Better from month prior...
Hyderabad krishna 10:14 GMT April 1, 2013
eur/jpy
Reply
Amman wfakhoury:
your comments on eur/jpy........
GVI Forex john bland 10:08 GMT April 1, 2013
China
-- Earlier Data --
China flinal HSBC PMI March 2013
HSBC: 51.6 vs. 50.8 exp. vs. 50.4 prev.
TTN: Live News Special Offer
Amman wfakhoury 09:51 GMT April 1, 2013
EURUSD
Reply
Amman Omar 08:44 GMT April 1, 2013
------------------------------
will consolidate between 12810-12820
SaR KaL 09:47 GMT April 1, 2013
KaL's Trend and Level
I doubt the Eurusud will do crazy moves this week
Generally Short for the whole week
1.2958 1.3004
and Longs
1.2713 1.2668
SaR KaL 09:30 GMT April 1, 2013
KaL's Trend and Level
gold is not finshed from bull yet for another week IMO
Buying
1,589.4715 1,585.3471
tgt
1,611.5556 1,615.5333
SaR KaL 09:19 GMT April 1, 2013
KaL's Trend and Level
USDJPY heading to 94.2
IMO Generally a buy from 93.5
SaR KaL 09:12 GMT April 1, 2013
KaL's Trend and Level
EURJPY
will short later
120.9612 121.1727
119.8007 119.5805
Hyderabad krishna 09:03 GMT April 1, 2013
eur/jpy
Reply
Amman wfakhoury:
your comments on eur/jpy........
Hyderabad krishna 09:00 GMT April 1, 2013
eur/jpy
Reply
Amman wfakhoury:
your comments on eur/jpy........
SaR KaL 08:59 GMT April 1, 2013
KaL's Trend and Level
eurusd day trade
short
1.2828 1.2847
tgt 1.2770
at best tgt
1.2731 1.2712
Manila, Quezon City RF 08:44 GMT April 1, 2013
FOREX STRATEGIES
Reply
Buy ...
Entry: Target: Stop:
Everytime I need help with my forex trading, I always go to this site. Mario Singh of FX Primus provides daily answers to different questions. Big help for forex trading for beginners.
FOREX STRATEGIES
http://www.askmariosingh.com/forex-strategies/
Amman Omar 08:44 GMT April 1, 2013
GBPUSD 15215
Good morning Mr.Fakhoury ..
Good morning all ..
any confirmation for euro so far please ?
Thx
Manila, Quezon City RF 08:42 GMT April 1, 2013
FOREX STRATEGIES
Reply
Buy EURAUD
Entry: Target: Stop:
Everytime I need help with my forex trading, I always go to this site. Mario Singh of FX Primus provides daily answers to different questions. Big help for forex trading for beginners.
FOREX STRATEGIES
San Diego 08:38 GMT April 1, 2013
Short Term - High Return Online Trading
Reply
Hello everybody! I’m hoping that somebody may be able to provide some feedback on short term / high return online trading. I’m currently working on a term project titled “Short Term - High Return Online Trading”.
The objective of the project is to identify online trading opportunities of any type that have the potential to provide substantial returns in the short term. I am starting with $5000 (real cash) and I need to make a minimum of 100 trades in 3 months.
My bankroll and returns can all be used in any way that I choose as long as all trades are justified and documented. We are being encouraged to diversify our portfolio with some unique hybrid type investments.
I am currently looking at a few websites that offer “Binary Options”. Does anybody have an opinion on online binary options trading? What are the best binary options websites?
I am looking forward to, and would greatly appreciate any feedback/ suggestions/ advice/ strategies/ comments/ etc.
SaR KaL 07:47 GMT April 1, 2013
KaL's Trend and Level
Long GBPJPY here at 142.00
tgt at least 144.5
tops 146.5
Karachi ACM Gold 07:47 GMT April 1, 2013
Todays Technicals
1st April 2013
GOLD
Resistance Levels:
$ 1604.9 - $ 1612.9 - $ 1618.5
SUPPORT LEVELS:
$ 1591.3 - $ 1585.7 - $ 1577.3
STRATEGY:
Range Trade
Market might trade in the range of $1594-$1607. An upward penetration of this range might lead to $1615, while a downward breakage might lead to $1587.
Silver
Resistance Levels:
$ 28.79 - $ 29.13 - $ 29.42
SUPPORT LEVELS:
$ 28.16 - $ 27.87 - $ 27.53
STRATEGY:
Range Trade
Market might trade in the range of $27.90-$28.40. An upward penetration of this range might lead to $29.20, while a downward breakage might lead to $27.50.
Crude Oil
Resistance Levels:
$ 97.60 - $ 98.01 - $ 98.68
SUPPORT LEVELS:
$ 96.52 - $ 95.85 - $ 95.44
STRATEGY:
Buy on Dips
Buy above $95.10, using a stop loss of $94.40, targeting $97.80.
CURRENCIES
AUD / USD
Resistance Levels:
$ 1.0449 - $ 1.0484 - $ 1.0510
SUPPORT LEVELS:
$ 1.0388 - $ 1.0362 - $ 1.0327
STRATEGY:
Range Trade
Market might trade in the range of $1.0370-$1.0440. An upward penetration of this range might lead to $1.0480, while a downward breakage might lead to $1.0330.
GBP / USD
Resistance Levels:
$ 1.5229 - $ 1.5258 - $ 1.5317
SUPPORT LEVELS:
$ 1.5141 - $ 1.5082 - $ 1.5053
STRATEGY:
Range Trade
Market might trade in the range of $1.5140-$1.5270. An upward penetration of this range might lead to $1.5300, while a downward breakage might lead to $1.5080.
EUR / USD
Resistance Levels:
$ 1.2853 - $ 1.2893 - $ 1.2942
SUPPORT LEVELS:
$ 1.2764 - $ 1.2715 - $ 1.2675
STRATEGY:
Range Trade
Market might trade in the range of $1.2750-$1.2840. An upward penetration of this range might lead to $1.2950, while a downward breakage might lead to $1.2700.
USD / JPY
Resistance Levels:
$ 94.446 - $ 94.718 - $ 95.004
SUPPORT LEVELS:
$ 93.888 - $ 93.602 - $ 93.330
STRATEGY:
Range Trade
Market might trade in the range of 93.700-94.400. An upward penetration of this range might lead to 95.700, while a downward breakage might lead to 92.900.
Amman wfakhoury 07:36 GMT April 1, 2013
EURJPY 100-150 pips
Reply
Amman wfakhoury 07:33 GMT March 29, 2013
EURJPY 100-150 pips up or down?: Reply
120.48 is the consolidation level.
Breaking it up and keeps above it BUY,
Breaking it down and keeps below it SELL
------------------
Broke 120.48 and moved 100 pips , and may continue for another 50 pips.with poss to rise again to 120.00
hk ab 07:33 GMT April 1, 2013
mkt
Reply
those paper buying positions now squared after repatriation....
needs to take a week to evaluate.
kl fs 07:30 GMT April 1, 2013
gbpusd
cheers krishna, hopefully can see your target 1.53 soon
Chennai AMI 07:28 GMT April 1, 2013
!
Reply
bought Yen 119.58
Syd 07:08 GMT April 1, 2013
ECB Source TradeTheNews.com
Reply
EU) German Fin Min Schaeuble: Euro zone savings accounts are safe; Cyprus a special case, not a 'template' (update) - German press interview- Expresses confidence Cyprus will repay loan. - Opposes countries departing the euro zone. - Source TradeTheNews.com
What a load of Bollocks-
Hyderabad krishna 07:06 GMT April 1, 2013
eur/usd
Reply
anyone buying eur/usd...
Hyderabad krishna 07:04 GMT April 1, 2013
gbpusd
yes. with target 5300
kl fs 07:02 GMT April 1, 2013
gbpusd
Reply
anyone buying gbpusd?
SaR KaL 07:02 GMT April 1, 2013
KaL's Trend and Level
USDJPY going to be great Month trading it
94.0745 to 93.4464
for tgt
97.6502 to 98.2917
I do not think will hit 100 1st half of april
but it is a buy
the Major North start from mid april into end of March from 92.8 entry for tgt 108
SaR KaL 06:52 GMT April 1, 2013
KaL's Trend and Level
yes inside that range
92.5%
97.7%
Percentile or Certain
Syd 06:49 GMT April 1, 2013
Economics will catch up with the euro
Reply
It is a question that I have been asking myself for a while: at what point does it become economically rational for a country to leave the eurozone?
There are two things to consider. The first is whether the country’s banking system is viable in the presence of an imperfect banking union – one that will not share any risks in the foreseeable future. The second is whether public and private sector debts are sustainable, given the country’s present and expected future growth rates.
For Cyprus, the answers to both questions are no. The decision to bail in shareholders, bondholders and uninsured depositors would have been logical if the eurozone had a full banking union. There would be no bank run as all banks would be reinsured centrally.
In this parallel universe, one could have wound down Cyprus’s second-largest bank without collateral damage to the wider banking system, or to the Cypriot economy. The US shows how this works: if the Federal Deposit Insurance Corporation raids a bank in San Francisco, and bails in uninsured depositors, there is no bank run on neighbouring banks as California is not liable for the banking system. Instead the US has a federal resolution authority and deposit insurance system.
But as each eurozone country remains responsible for their banking systems, Cyprus had no choice but to impose capital controls after the bail-in. Despite official protestations, these controls will persist for a very long time. The authorities have in effect launched a new parallel currency convertible to the standard euro at an exchange rate of one to one, but only up to €5,000, the monthly transfer limit. It is not hard to imagine that exit from the eurozone would have been more traumatic to the population, but it would have brought the benefit of a devalued exchange rate.
And that answers the second question. Cyprus is more likely to return to debt sustainability outside the eurozone, because a lower exchange rate would reduce net debt, and because of a faster resumption of economic growth.
The same is ultimately true of Spain as well. Jeroen Dijsselbloem, Dutch finance minister and president of the eurogroup of eurozone finance ministers, unwittingly answered that question when – in an interview with the Financial Times – he shocked the world by telling the truth. It is now the stated policy of the creditor countries to solve the problem of a debt overhang in the banking sector in the peripheral countries through the bail-in of bondholders and depositors.
Just think this one through. Minus its two largest banks – BBVA and Santander – Spain’s banking system is broke, even after recently agreed small recapitalisations. The housing bubble is no longer the main problem, but the ongoing depression is likely to last for most of the decade, given current policies.
The logical consequence of Mr Dijsselbloem’s dictum and the reality of austerity and a deficient banking union is a future bail-in of Spanish bank bondholders and depositors.
The problem is that even insured deposits will then not be protected. Look at what happens in Cyprus, where capital controls affect small and large deposits alike. I would expect that to happen in Spain as well. Given the stated policy, it is logically irrational for any Spanish saver to keep even small amounts of savings in the Spanish banking system. There is no way that the Spanish state can guarantee the system without defaulting itself.
The consequence is that for Spain, too, it will eventually become economically rational to leave the eurozone. The best moment would be the time when the country achieves a fiscal balance before the payment of interest on debt.
The same is also true of Greece, where economic growth keeps undershooting the underlying assumptions in the official debt sustainability analysis. In the absence of a willingness by the creditor countries to agree another debt rollover programme, the same routine beckons – more bail-ins, including of Greek bank depositors.
And Italy? Its public sector debt, approaching 130 per cent of gross domestic product, is sustainable if the country manages to return to economic growth rates of 2 per cent. With growth just a little over zero for the past 15 years, it is unclear what a government can do to bring this change about. It would require big downward wage adjustments in the private sector, and efficiency gains in the public sector.
Italy’s next government would have to confront vested interests on lines similar to what happened in the UK in the early 1980s. If the political gridlock could not be resolved to achieve this effect, Italian society would be heading for a straight choice between a default inside the eurozone, or exit.
The first of these choices would be really toxic, especially for depositors. If you believe Mr Dijsselbloem, as I do, then it would be rational for every southern European to take their money out of the country and deposit it outside the eurozone.
In an environment in which the creditor countries refuse a genuine banking union, the hurdle for an economic case in favour of leaving the eurozone is shockingly low. Of course, economics may not be the main criterion in a country’s decision. In the short term, politics may trump economics. But in the long run, you cannot operate a monetary union in the face of economic logic.
FT
Kekava jurisaro 06:24 GMT April 1, 2013
KaL's Trend and Level
eurusd shorts 1.2979 to 1.3030
tgt 1.2550
====================
hi KaL,
do you mean go short from this region? tnx
Syd 06:19 GMT April 1, 2013
Cyprus
Reply
HK [email protected] 05:59 I cant understand how they can take Sterlling Accounts and other currencies... what if someone just moved over there like the week before with their money , they had nothing to do with the Cyprus Economy and not in the ECB their money should not have been taken . It doesnt make any difference your money is taken , and agree the Russian and the like all tipped off - They all jumped ship and left the passengers to down , if they can close a bank on Friday and the following week they tell you the bank isnt going to open because we are going to steal your money, best to make sure you spread your risk, its like having a nightmare , waking up to find it wasnt
SaR KaL 06:14 GMT April 1, 2013
KaL's Trend and Level
selling GBPUSD with spikes till 1.5228
tgt at least 1.49
possible 1.4660
eurusd shorts 1.2979 to 1.3030
tgt 1.2550
Hong Kong AceTrader 06:06 GMT April 1, 2013
WEEKLY TECHNICAL OUTLOOK ON GBP/USD : APRIL 1, 2013
Reply
WEEKLY TECHNICAL OUTLOOK ON GBP/USD
01 Apr 2013 01:25GMT
Trend Daily Chart
Down
Daily Indicators
Turning up
21 HR EMA
1.5192
55 HR EMA
1.5182
Trend Hourly Chart
Sideways
Hourly Indicators
Turning down
13 HR RSI
39
14 HR DMI
-ve
Daily Analysis
Consolidation with a neutral bias
Resistance
1.5261 - Last Mon's high
1.5247 - Mar 22 high
1.5222 - Last Fri's high
Support
1.5150 - Last Thur's Asian morning high
1.5112 - Y'day's low
1.5092 - Wed's low
. GBP/USD - 1.5180... Despite rising initially in tandem with eur/usd to a 1-month high of 1.5261 last Mon, cable came under renewed selling pressure n ratcheted lower to 1.5092 on Wed b4 rebounding to 1.5222 on Fri (Tokyo).
. Looking at the daily chart, although cable's strg rebound fm Mar's 2-1/2 year trough at 1.4832 to as high as 1.5261 confirms the 3-legged MT downtrend fm 1.6747 (2011 peak) has made a temporary low there, subsequent choppy trading fm there signals initial range trading is in store n as long as said reaction high holds, MT decline wud resume later this month, a daily close below 1.5026 wud add credence to this view n yield re-test of 1.4832. In view of abv analysis,
selling sterling on recovery is the way to go as only abv 1.5330 wud shift risk to upside n bring stronger correction to 1.5423, being a 'minimum' 38.2% r of the intermediate fall fm 1.6380-1.4832.
. Today, although cable has edged lower in tandem with euro in Asia, below 1.5135 needed to indicate correction over n yield weakness twd 1.5092 whilst abv 1.5222 wud extend erratic rise fm 1.5092 twd 1.5261 but 1.5300 shud cap upside.
HK [email protected] 05:59 GMT April 1, 2013
Britain 'isn't safe from fallout over the Cyprus crisis' MPs warn
Syd 04:58
And why the British Gov. is doing nothing? At least by placing political pressure on Cyprus.
Why those Cyp. bastards politician helped the Russian Oligarch move out their money? Possibly pressure from Rus. politicians.
These criminal politicians in Cyprus are as liable for all what happened as the EU/IMF.
At least let them return the money in future installments from any revenue.
Maybe those Cyprus politicians robbers are planning to steal also all the future gas revenues.
Something must be very wrong with those rotten Greek politicians.
Syd 04:58 GMT April 1, 2013
Britain 'isn't safe from fallout over the Cyprus crisis' MPs warn
Reply
The island's largest savers face losing 80% of their deposits over £85,000
MP Douglas Carswell said the bailout would collapse the island’s economy
Added that Britons should think carefully about where they put their money
Residents have spoken of losing their life savings under the rescue deal
They have dubbed the Cyprus bailout deal as ‘daylight robbery’
daylight robbery’.
ed kw 03:33 GMT April 1, 2013
gbp/aud
Reply
gbp/aud is interesting 60 min chart
Singapore SGFXTradee 03:09 GMT April 1, 2013
AUS & NZD
Hi Joe, good to see u around. I share the same view on Eurusd
Hong Kong AceTrader 02:14 GMT April 1, 2013
Daily Outlook USD/JPY : April 1, 2013
Reply
DAILY USD/JPY OUTLOOK - 94.27
31 Mar 2013 23:56GMT
Dlr is expected to 'gyrate' inside the sideways
range seen in last few session following the strg
bounce fm a last Mon's 2-week low of 93.53 to 94.91
n as long as near term good sup at 93.88/91 holds,
marginal gain to 94.50/60 is likely b4 retreat.
Sell on intra-day rise n exit on decline as below
93.88 needed to re-test 93.53. Abv 94.91, 95.30/40.
STRATEGY : Sell at 94.50
OBJECTIVE : 93.90
STOP-LOSS : 94.80
RES : 94.53 / 94.91 / 95.50
SUP : 93.88 / 93.53 / 92.92
hk ab 02:09 GMT April 1, 2013
e/j
Reply
wonder if we still try on e/j long....
last week all profits taken at 120.73......
This quite depends if 1.2777 suddenly disappears on screen or not.....
Syd 00:40 GMT April 1, 2013
WHAT are the implications of the huge losses — 60 percent — that the Cypriot bailout is imposing on
Reply
The magnitude of the losses, disclosed late Friday and confirmed Saturday by Cypriot officials, has provoked concern that depositors in second-tier euro zone banks in Slovenia and Italy might withdraw their savings from those institutions.
t has also raised fears that countries like Malta and Luxembourg, which like Cyprus have banking sectors many times bigger than their economies, might soon find it harder to gain access to international bond markets.
One relevant lesson might lie not elsewhere in the euro zone but in the carcass of a Los Angeles-based savings and loan institution, IndyMac Bancorp,
LINK
GVI Forex john bland 00:01 GMT April 1, 2013
Japan
BOJ Tankan Survey. Mixed data.
many more chart points
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