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Forex Forum Archive for 08/1/2013

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GVI Forex Jay Meisler 22:49 GMT August 1, 2013
Thoughts From the Trading Trenches
Reply   
jay meisler

- August Newsletter -



In the August Issue:

News Matters, Duh!

Is Gold becoming the Next Major Currency?

Thoughts From the Trading Trenches

GVI Forex john -- Inner Circle 22:00 GMT August 1, 2013
Calendar
Reply   


August 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, August 2. Updated: Trading Events Calendar

HIGH IMPACT RELEASES: US- Employment, Personal Income, PCE, Factory Orders,



GVI Forex Blog 21:47 GMT August 1, 2013 Reply   
Event risk today: Locally Australia has Q2 PPI, adding little since CPI is known. The day’s highlight will be US non-farm payrolls, market consensus at +185,000 jobs for July.

Forex - Westpac Morning Report

dc CB 21:45 GMT August 1, 2013
What s wrong with Bernanke ?



30Y yield

I thought they said No Taper?

guess the market dosen't care what they say.

Tallinn viies 21:11 GMT August 1, 2013
eurusd
Reply   
closed long euro with 5 pips loss.
didnt feel comfortable whén euro closed at the bottom of daily range.

GVI Forex john -- Inner Circle 20:29 GMT August 1, 2013
Strong U.S data. Jobs on Friday. ECB and BOE steady
Reply   

  • HIGH IMPACT ITEMS:  US- Employment, Personal Income, PCE, Factory Orders
  • July U.S. employment data are due on Friday. Recall that Fed policy, both on a tapering of Quantitative ease and on an eventual increase in interest rates, is tied a declining unemployment rate.    .
  • U.S. Weekly Jobless figures and July PMI data were much stronger than expected. See the  FOREX FORUM  for data and charts. .
  • These data points should bode well for the USD over time.
  • The Final revisions to July EZ Manufacturing PMI data were generally higher  and wound up at 50.3, above the "50" expansion level.  The U.K. Manufacturing  PMI was a solid 54.6. 
  • Both the Bank of England and European Central Bank kept policy steady as widely expected.
  • For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar and see the  FOREX FORUM  for key data and charts.
20d avg
10-yr
Equities
EURUSD 1.3104
JGB 0.79%  0bp
Asia Close Higher
USDJPY 99.53
Bund 1.66% -1bp
Europe:Higher
EURJPY 130.42
U.S. 2.72% +13bp
North America: Higher

GVI Forex Blog 20:28 GMT August 1, 2013 Reply   
HIGH IMPACT ITEMS: US- Employment, Personal Income, PCE, Factory Orders July U.S. employment data are due on Friday. Recall that Fed policy, both on a tapering of Quantitative ease and on an eventual increase in interest rates, is tied a declining unemployment rate. . U.S. Weekly Jobless figures and July PMI data were much stronger than

Strong U.S data. Jobs on Friday. ECB and BOE steady

dc CB 20:21 GMT August 1, 2013
What s wrong with Bernanke ?

Fabrice Tourre, the former Goldman Sachs trader at the center of a toxic mortgage deal sold to investors on the eve of the financial crisis, was found liable on Thursday for civil securities fraud.

Five years after the crisis, he is the only employee of a big American bank to lose a courtroom battle to Wall Street’s top regulator, the Securities and Exchange Commission. The S.E.C. took only a handful of employees to court over the crisis, but most cases were settled.

After two days of deliberation, the nine-person jury concluded that Mr. Tourre misled investors about the mortgage deal, capping a more than two-week civil trial in one of the most prominent cases involving the 2008 crisis.
Of the seven charges facing Mr. Tourre, the jury found him liable on six.

Lawyers for the former Goldman trader, however, portrayed their client as a scapegoat who was 28 at the time of the crisis. Throughout the trial, the defense lawyers reminded the jury that senior Goldman executives approved the deal.

“The idea that Fabrice Tourre, a 28-year-old vice president, was conjuring up a $1 billion fraud, or conspiring with others, is just not supported by the evidence,” Sean Coffey, one of his lawyers, said during his closing arguments.

Former Goldman Trader Is Found Liable in Mortgage Deal

GVI Forex john -- Inner Circle 19:43 GMT August 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 john -- Inner Circle 19:39 GMT August 1, 2013
Chart Points
Reply   
Preliminary Closing Trading Points...
many more chart points
About Moving Averages
About Bollinger Bands


dc CB 19:17 GMT August 1, 2013
What s wrong with Bernanke ?

is this a "hockey stick" parabolic bubble market?

S&P 500 Hits 1,700: Rising At A 140% Annualized Rate
(ZeroHedge stat headline)

london red 19:09 GMT August 1, 2013
euro
Reply   
13340/50 was tested and thoroughly rejected but downside thus far limited below 10 day ma. a close below would suggest shorts worth keeping as its been a good guide for multiday trend chasing. however i am inclined to take profit as tomorrows nfp can create enough noise to make a profitable position a losing one. given the opportunity, i would rather sell again with powder in the bag. this does not detract from the fact that the nearterm trend would be down on a close below the 10 day ma. re the nfp, euro took a beating follow todays ism employment component relase so its clear what the market is expecting and what will happen on a good number.

dc CB 18:31 GMT August 1, 2013
Oceania to Eurasia
Reply   
Via WSJ,

The U.S. is "extremely disappointed" in the move, White House spokesman Jay Carney told reporters, adding that the Russian decision undermines law-enforcement cooperation between Moscow and Washington.

Russia's decision also threatens to derail a planned September summit in Moscow between President Barack Obama and Russian President Vladimir Putin, which U.S. officials had viewed as a potential breakthrough moment in a monthslong drive to find common ground with Russia on important foreign-policy aims, such as ending the war in Syria. "We are evaluating the utility of a summit in light of this," Mr. Carney said, adding that no decision had been made.

Furious White House Blasts Russian Asylum For Snowden

dc CB 17:46 GMT August 1, 2013
What s wrong with Bernanke ?

WTIC Sept contract.
from a low of 102.93 yesterday morning it flew up $5 to a high of 107.93 , 24 hours later.

did someone declare war in the ME??????
is there a hurricaine bearing down on the Gulf of Mexico?

I keep searching for headline about the rise in oil.
It seems that the rise has no reason and is not worthy of comment.
(sarcasm)

Porto Cubriclas 17:23 GMT August 1, 2013
Lahore FM
Reply   
I hope everything ok with my friend FM. A big hug for him.

eu pat 17:19 GMT August 1, 2013
market
Reply   
eu pat 17:40 GMT July 31, 2013 
fomc: Reply   
I have looked carefuly at market. My TA show me this:everything is set up for stronger usd next days. aud, gbp,cad it is. Only eur is still set rise against usd, but its close to change it. jpy is set rise, but its for nikkei futher fall...gold is set for fall, spx 500 as well...is it mean they say tapering is coming??? as I told before, there are some opposite signals, but we see...
---------------------------------------------------------------
The dust settled after FOMC, Draghi ,BoE...everything was neutral, nothing new about tapering, nothing new from Draghi. Usd is stronger on board ( against all)and it has better set up now...jpy is weaker but is logical if usd is stronger, (this set up was false ). Nikkei is much stronger and as well SP 500. changed their set quickly after FOMC and nothing new about tapering. Gold is still set for fall … some opposite signals was due gbp and eur before CB, We seen that signal was valid and market made nice nervous moves to both sides before...

PAR 17:04 GMT August 1, 2013
What s wrong with Bernanke ?
Reply   
Us economic indicators are fantastic , stock markets are at all time record highs and the Fed president still thinks and acts like we are in the middle of his beloved 1929 recession .

Obama is upbeat about the economy and the FED thinks economy needs more dope . Inconsistency

SaR KaL 16:27 GMT August 1, 2013
KaL's Trend and Level

out usdcad longs at 1.0340
relong at 1.0267 tgt 1.0376

GVI Forex Blog 16:19 GMT August 1, 2013 Reply   
August 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, August 2. Updated: Trading Events Calendar HIGH IMPACT RELEASES: US- Employment, Personal Income, PCE, Factory Orders,

GVI Forex Data Outlook for 2 August 2013

GVI Forex john -- Inner Circle 16:17 GMT August 1, 2013
Calendar
Reply   


August 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, August 2. Updated: Trading Events Calendar

HIGH IMPACT RELEASES: US- Employment, Personal Income, PCE, Factory Orders,



New York MargaretLekker 16:06 GMT August 1, 2013
fundamental
Reply   
Buy EURUSD
Entry: Target: Stop:

Thank you very much for your opinions, I am new to forex trading and my opinion is that the market is unstable and guess what will happen is difficult. I agree with you all that we can provide a look into what will happen are fundamental, this news at least allow us to be a day of passing and prepare for what is coming.
Buy 1.32235 EURUSD, -128 Points

GVI Forex 16:06 GMT August 1, 2013
Global Markets News
Reply   
There were no surprises in either rate decisions published by the BOE or ECB, or their press conferences. With some doubting the ECB's newly minted forward guidance ("key rates to remain at current level or lower for an extended period of time"), ECB President Draghi warned that there is no implicit deadline for the end of the "extended period" and

TradeTheNews.com US Market Update: Excellent US July Data, Auto Sales and Weekly Claims Whet Risk Appetite

Livingston nh 15:17 GMT August 1, 2013
FED update
Reply   
Pres Obama now has two spots to fill on Fed BoG this month -- the politics of the day in DC will likely influence his selections and THEN the BIG one - risk is dovish appointments now might be "not so good" in next business cycle - Senate may take the long view // I'm watching the yield on 5 yr where the Fed is not as active

See if Stox can resist at these levels the higher rates and OIL (??) into next week

HK [email protected] 15:06 GMT August 1, 2013
AUD
Reply   


AUD drilling into a protected hard rock(0.8900/10)...But when it will crack many stops will jet to the exits.

SaR KaL 14:50 GMT August 1, 2013
KaL's Trend and Level

Lots of things will change direction in mid aug this year guys
I keep getting it

SaR KaL 14:48 GMT August 1, 2013
KaL's Trend and Level

GBPAUD
for Mid 2014 ... i see 1.25 to 1.14
Just doing unfinished biz for a month or 2

for now i am bearish till < 1.65

next week will buy near 1.63 tgt 1.75 +
IMO around 1.78 to 1.80
is the crash level and point for no return to Mid 2014 tgt

SaR KaL 14:38 GMT August 1, 2013
KaL's Trend and Level

Jezzzzzzzzz Gold....1100 is coming
not worries if goes up a little from 1303
today
it is crashing folks

GVI Forex john -- Inner Circle 14:30 GMT August 1, 2013
United States

US Natural Gas

-- ALERT --
Natural Gas (bcf)
+59 vs. n/a exp vs. +41 prev.



TTN: Live News Special Offer

HK Kevin 14:19 GMT August 1, 2013
" Trade Ideas "

tokyo ginko 14:15 GMT, beware of USD/JPY short. 99.95 in my radar to be reached late NY or early Asia morning tmr.

GVI Forex john -- Inner Circle 14:17 GMT August 1, 2013
United States

U.S. data today supportive of the Fed tapering scenario.

tokyo ginko 14:15 GMT August 1, 2013
" Trade Ideas "

will consider to add again above 109

SaR KaL 14:13 GMT August 1, 2013
KaL's Trend and Level

EURUSD avg tgt is < 1.30
most likely next week will buy around 1.2950 and pt around 1.33 again

GVI Forex john -- Inner Circle 14:12 GMT August 1, 2013
United States

U.S. 10-yr 2.67% +8bp.

GVI Forex john -- Inner Circle 14:10 GMT August 1, 2013
United States



U.S./Eurozone PMIs. Strong PMI data (ISM and Markit).

hk ab 14:09 GMT August 1, 2013
aud
Reply   
load more aud s/l 8889....

GVI Forex john -- Inner Circle 14:03 GMT August 1, 2013
United States


-- ALERT --
Construction Spending Jun 2013
-0.60% vs. +0.40% exp. vs. +0.50% (r. +1.30%) prev.


TTN: Live News Special Offer




Direct links to primary data sources

GVI Forex john -- Inner Circle 14:01 GMT August 1, 2013
United States


-- ALERT --
U.S. ISM Manufacturing PMI July 2013
55.4 vs. 52.0 exp. vs. 50.9 prev.

Mfg PMI Employment
54.4 vs. n/a exp. vs. 48.7 prev.


TTN: Live News Special Offer


Direct links to primary data sources

tokyo ginko 13:52 GMT August 1, 2013
" Trade Ideas "

pls note my crude position is not a intraday play, it is medium term view..targeting 93-95

GVI Forex Jay Meisler 13:51 GMT August 1, 2013
When market say YES to my signal.

Anytime

NYC SJH 13:46 GMT August 1, 2013
When market say YES to my signal.

Thanks a lot.

GVI Forex Jay Meisler 13:40 GMT August 1, 2013
When market say YES to my signal.

SJH, we missed that one and we rely on our members to help us police our forums. You (and everyone else) can contact us if you see anything you find objectionable. That post has been removed and we will deal with this offline.

SaR KaL 13:39 GMT August 1, 2013
KaL's Trend and Level

want to short gbpaud for next week
should go near 1.65
need a turn somewhere
will wait till next day

Ath lk 13:38 GMT August 1, 2013
EUR/USD
Reply   
Sell EURUSD
Entry: 1.3260 Target: 1.30xx Stop: 1.3355

Sell more at 1.3310 if
Good Luck 2 all

GVI Forex john -- Inner Circle 13:37 GMT August 1, 2013
Canada
Reply   

-- ALERT --
Canada July Markit PMI
52.0 vs. n/a exp. vs. 52.4 prev.


TTN: Live News Special Offer


Direct links to primary data sources

hk ab 13:34 GMT August 1, 2013
aud
Reply   
more relentless buy .8910

bali sja 13:32 GMT August 1, 2013
When market say YES to my signal.

SJH, get it offline and talk to Jay, we are here to talk about trading

NYC SJH 13:27 GMT August 1, 2013
When market say YES to my signal.

I'm not talking about comments towards wfakhoury....i'm talking about disparaging references to Prophet Muhammad.

SaR KaL 13:26 GMT August 1, 2013
KaL's Trend and Level

placed eurusd short at 1.3290..some at 1.3306
tgt 1.3160

tokyo ginko 13:26 GMT August 1, 2013
When market say YES to my signal.

when one foolishly believe that he is "higher" than the market, thus failing to respect the market

NYC SJH 13:22 GMT August 1, 2013
When market say YES to my signal.

My comment was in reference to the below comment:

----------------------------------------------------
comment deleted.

SaR KaL 13:22 GMT August 1, 2013
KaL's Trend and Level

placed short NZDUSD 0.7975 tgt 0.7840

tokyo ginko 13:21 GMT August 1, 2013
" Trade Ideas "

add sold crude 107.02 done

NYC SJH 13:20 GMT August 1, 2013
When market say YES to my signal.

What does this forum allow disparaging comments towards a important figure of a major world religion? It is offensive.

Amman wfakhoury 13:19 GMT August 1, 2013
AUDUSD
Reply   
NYC SJH 13:14 GMT August 1, 2013
--------------
Hi , hope you enjoyed your holiday.
AUDUSD 8962 cosolidation level and 8908 wfakhoury directional level.
mostly we are headig twd consolidation level

NYC SJH 13:14 GMT August 1, 2013
EURUSD 13210

Nice call wfakhoury. What do you think of aud/usd?

SaR KaL 13:11 GMT August 1, 2013
KaL's Trend and Level

out nzdusd shorts
long audusd 0.8918
happy with 0.9000 tgt for now

SaR KaL 13:09 GMT August 1, 2013
KaL's Trend and Level

cable
right into 1.5050

bali sja 13:07 GMT August 1, 2013
buy audusd
Reply   
bought 0.8928, stop under 0.8860, target 0.95-0.96

SaR KaL 13:05 GMT August 1, 2013
KaL's Trend and Level

eurgbp might do a new high today
probably .88
but really a sell above 0.8750 (General)
wants 0.85 in aug

GVI Forex john -- Inner Circle 13:04 GMT August 1, 2013
United States

-- ALERT --
U.S. Markit FINAL Manufacturing PMI July 2013
53.7 vs. 53.1 exp. vs. 53.2 prev


TTN: Live News Special Offer


Direct links to primary data sources

Hong Kong Qindex 13:04 GMT August 1, 2013
EUR/USD : Critical Point 1.2797

Buy EURUSD
Entry: Target: Stop:




EUR/USD : Trading Reference


... 1.3135 - 1.3196 // 1.3207 - 1.3267 - 1.3338 // 1.3363 - 1.3407 - 1.3409 // 1.3480 ...


EUR/USD : The market retraced all the way back to around 1.3196 after reaching the recent high at 1.3338. It is now heading towards 1.3267.


Qindex.com

EUR/USD : Monthly Cycle Charts

bali sja 12:54 GMT August 1, 2013
buy euro
Reply   
buy small 1.3238, stop 1.3204, target open

SaR KaL 12:49 GMT August 1, 2013
KaL's Trend and Level

dji shorts 15620
tgt 15500
not a great idea..but will do it

GVI Forex john -- Inner Circle 12:47 GMT August 1, 2013
United States

Weekly Jobless data appear to be falling. Data suggest broadly that the jobs markets might be improving..




Click on chart for ten-year history


SaR KaL 12:46 GMT August 1, 2013
KaL's Trend and Level

silver shorts till 20.04
tgt 19.2 next day

GVI Forex john -- Inner Circle 12:33 GMT August 1, 2013
United States

U.S. Weekly Jobless

-- ALERT --
U.S. Weekly Jobless
Initial Claims (000)
326K vs. 345K exp. vs. 343K (r. 345K) prev.
Continued Claims (mln)
2.951 vs. 2.996 exp. vs. 2.997 (r. 3.003 ) prev.


TTN: Live News Special Offer


Direct links to primary data sources

Amman wfakhoury 12:33 GMT August 1, 2013
EURUSD 13210
Reply   
Amman wfakhoury 11:49 GMT August 1, 2013
EURUSD 13210: Reply
13210 confirmed will be reached
------------------
13210 reached.

Tallinn viies 12:32 GMT August 1, 2013
eurusd
Reply   
bought europs at 1,3214. stop at 1,3164. target 1,3330/35

prague mark 12:20 GMT August 1, 2013
EURUSD 13210

Amman wfakhoury 12:18 GMT August 1, 2013

thank you sir, you are so kind, that I have longed eur/usd 1.3233, SL 1,3210, TP 1,3444

Uk Imb 12:19 GMT August 1, 2013
EURUSD 13210

Just a warning Fak..you are only a few steps away fron getting droned.

Amman wfakhoury 12:18 GMT August 1, 2013
EURUSD 13210
Reply   
I dont want you to sell your pant for that bit.

GVI Forex john -- Inner Circle 12:15 GMT August 1, 2013
United States
Reply   

HEADS-UP: Data Due shortly
(see top of Forum for details)
EURUSD= 1.3230
GBPUSD= 1.5217
USDJPY= 98.74

Direct links to primary data sources

prague mark 12:13 GMT August 1, 2013
EURUSD 13210

Amman wfakhoury 12:11 GMT August 1, 2013

lets have a bet for 10000USD, 1.3210 DNT for today

Amman wfakhoury 12:11 GMT August 1, 2013
EURUSD 13210

My power is acting everyday.

prague mark 12:09 GMT August 1, 2013
EURUSD 13210

Amman wfakhoury 12:08 GMT August 1, 2013

agree, but today is a bit different day :)

Amman wfakhoury 12:08 GMT August 1, 2013
EURUSD 13210
Reply   
prague mark 12:05 GMT August 1, 2013
-----------------
Market can,t say No for me .

prague mark 12:05 GMT August 1, 2013
EURUSD 13210

Amman wfakhoury 11:49 GMT August 1, 2013

it would be bearish, however we position/accumulate for tomorrow with TP 1.3444 after NFP, so no touch 1.3210

Amman wfakhoury 11:49 GMT August 1, 2013
EURUSD 13210
Reply   
13210 confirmed will be reached.




GVI Forex john -- Inner Circle 11:45 GMT August 1, 2013
Eurozone

-- ALERT --
European Central Bank (ECB)
Refi Rate unchanged to at 0.50%
Marginal Lending Rate unchanged at 1.25%
Deposit Rate steady at 0.00%


TTN: Live News Special Offer


Direct links to primary data sources

GVI Forex john -- Inner Circle 11:31 GMT August 1, 2013
Eurozone

HEADS-UP: ECB Decision Due shortly
(see top of Forum for details)
EURUSD= 1.3240
GBPUSD= 1.5236
USDJPY= 98.68

Direct links to primary data sources

GVI Forex john -- Inner Circle 11:08 GMT August 1, 2013
Eurozone

DE 10-yr (EZ benchmark) yield. No rate changes likely from ECB today. Manufacturing PMI data today continue to point towards a sluggish recovery. As often is the case, the ECB press conference at 12:30 GMT could make some news.

GVI Forex john -- Inner Circle 11:01 GMT August 1, 2013
United Kingdom

No BOE statement

GVI Forex john -- Inner Circle 11:00 GMT August 1, 2013
United Kingdom

-- ALERT --
Bank of England
Policy Unchanged (repo rate 0.50%)
Asset Puchases unch at GBP 375 bln vs. GBP 375 bln


TTN: Live News Special Offer


Direct links to primary data sources

GVI Forex john -- Inner Circle 10:50 GMT August 1, 2013
United Kingdom

HEADS-UP: Data Due shortly
(see top of Forum for details)
EURUSD= 1.3240
GBPUSD= 1.5194
USDJPY= 98.76
U.S. 10-yr= 2.60%

Direct links to primary data sources

GVI Forex john -- Inner Circle 10:29 GMT August 1, 2013
United Kingdom

BOE policy decision at the top of the hour. No rate change is expected ahead of the BOE Inflation Report next week. Nevertheless we are still feeling our way with former BOC Governor Carney at the helm. As we have repeatedly noted, U.K. economic data have been improving recently. The latest strong piece of data was the July manufacturing PMI report today (see below). It appears that no action is currently needed from the BOE.

U.K. Interest Rates. No rate change expected.


GVI Forex 10:21 GMT August 1, 2013
Global Markets News
Reply   
The USD was on a firmer footing ahead of the BOE and ECB rate decisions. BoE and ECB were both expected to maintain a dovish policy stance at today's policy meetings.

TradeTheNews.com EU Market Update: Combination of factors aiding sentiment in session (earnings, PMIs and FOMC statement); BoE and ECB both expected to maintain a dovish policy stance at today's polic

douglas IOM cookie 10:09 GMT August 1, 2013
retrace
Reply   
Buy AUDUSD
Entry: Target: Stop:

three big down days everybody short maybe time to go long in a bit Aud/jpy had a good lift watching for a change ??

SaR KaL 09:25 GMT August 1, 2013
KaL's Trend and Level

My Recommended amendment to any constitution;

"If it does not make Scene ...Follow the money"
Not many here agree i think

GVI Forex john -- Inner Circle 09:14 GMT August 1, 2013
EZ and U.K. PMI data improved. ECB and BOE Decisions due
Reply   

  • HIGH IMPACT ITEMS:  BOE/ECB- Rates, North America: US- Weekly Jobless, Markit PMI, ISM PMI
  • The Final revisions to July EZ Manufacturing PMI data were generally higher  and wound up at 50.3, above the "50" expansion level.  The U.K. Manufacturing  PMI was a solid 54.6. 
  • The Bank of England and European Central Bank will announce their latest decisions shortly. No policy changes are expected.
  • The Fed kept key rates steady as widely anticipated on Wednesday. Nothing major from the Fed was as expected. Its logical that the FOMC would wait for the next meeting in September. After that meeting Bernanke has a pre-scheduled press conference where he can address any policy changes n detail. See the  FOREX FORUM  for data and charts.
  • July U.S. employment is due Friday. Recall that Fed policy, both on a tapering of Quantitative ease and on an eventual increase in interest rates, is tied a declining unemployment rate.
  • For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar and see the  FOREX FORUM  for key data and charts.
20d avg
10-yr
Equities
EURUSD 1.3104
JGB 0.80%  +1bp
Asia Close Higher
USDJPY 99.53
Bund 1.63% -4bp
Europe:Higher
EURJPY 130.42
U.S. 2.60% 0bp
North America: Mixed

GVI Forex Blog 09:13 GMT August 1, 2013 Reply   
HIGH IMPACT ITEMS: BOE/ECB- Rates, North America: US- Weekly Jobless, Markit PMI, ISM PMI The Final revisions to July EZ Manufacturing PMI data were generally higher and wound up at 50.3, above the "50" expansion level. The U.K. Manufacturing PMI was a solid 54.6. The Bank of England and European Central Bank will announce their latest decisions shortly. No policy changes are expected.

EZ and U.K. PMI data improved. ECB and BOE Decisions due

SaR KaL 09:00 GMT August 1, 2013
KaL's Trend and Level

The Next president will be the same thing..but with different camouflage.
He/ She is still after "Rome..make Echo and you shall be Immortal"...He get away with all the gold...and you take siit with the rest of your life"
Good deal if i was one of them

GVI Forex john -- Inner Circle 08:44 GMT August 1, 2013
Fixed Income
Reply   
Prices in prime fixed income markets mostly higher early in Europe ahead of the BOE and ECB today. Peripherals are mixed.


SaR KaL 08:41 GMT August 1, 2013
KaL's Trend and Level

with usa next election
in 2016
that president will have some credit...from aug this year into mid 2014...Obama will be discredited...not cause he is bad or anything...it's not in his hands...by that time...he will got away with all the gold...Drama of promises that he, or any other, can not deliver ....Nature is it!!
Perfect timing for the next dude...Obama goes away, the next dude walks in...and still people believe in the frequency of lies.
all these dudes do, is give you a false promise...that will take you many years to digest...that is never happened...Kings did that since god knows when...and it is still the same trick..."Wait and you shall be rewarded"...so wait everyone!!
LOL

GVI Forex john -- Inner Circle 08:40 GMT August 1, 2013
United Kingdom

GBP peaks at 1.5206 post exceptionally strong UK PMI data. Should not impact BOE decision later.

GVI Forex john -- Inner Circle 08:33 GMT August 1, 2013
United Kingdom
Reply   


U.K. Manufacturing PMI better than expected. Escape velocity?

tokyo ginko 08:32 GMT August 1, 2013
usd/jpy position trade

added extra 25% position @ 98.58

GVI Forex john -- Inner Circle 08:28 GMT August 1, 2013
United Kingdom

-- ALERT --
GB Manufacturing PMI July 2013
54.6 vs. 52.8 exp. vs. 52.5 rev prev.



TTN: Live News Special Offer

Direct links to primary data sources

GVI Forex john -- Inner Circle 08:22 GMT August 1, 2013
United Kingdom
Reply   

HEADS-UP: Data Due shortly
(see top of Forum for details)
EURUSD= 1.3235
GBPUSD= 1.5162
USDJPY= 98.61

Direct links to primary data sources

SaR KaL 08:20 GMT August 1, 2013
KaL's Trend and Level

DJI
Maybe to early to say;
But.. will be slow and creepy from now into aug
Creepy is a key word here...
16000 area is a crash level till sept 2014
take notice guys
BTW I am Longing today at 15484(If seen) tgt 15610

GVI Forex john -- Inner Circle 08:19 GMT August 1, 2013
China



China PMIs. Soime are skeptical about NBS PMI data

GVI Forex john -- Inner Circle 08:14 GMT August 1, 2013
China
Reply   

-- EARLIER --
China PMIs July 2013
HSBC: 47.7 vs. 47.7 exp. vs. 47.71 prev.
NBS: 50.3 vs. 49.8 exp vs. 50.1 prev.


TTN: Live News Special Offer

GVI Forex john -- Inner Circle 08:09 GMT August 1, 2013
Eurozone



EZ, GE and Fr final Mfg PMI. Germany Revised up slightly from flash estimate....


Hong Kong AceTrader 08:08 GMT August 1, 2013
Aug 1 : Daily Outlook on Majors USD/JPY
Reply   
DAILY USD/JPY OUTLOOK - 98.7501
1 Aug 2013 06:55GMT

Dlr's intra-day rebound fm 97.66 due to recovery
in Japanese stocks suggests further choppy trading
abv y'day's 1-month low at 97.59 wud continue, abv
98.57 wud bring stronger retrace. of recent decline
twd 98.84 but 99.02 shud hold n yield another fall.

Raise short entry for 97.75 n below 97.59 wud
extend twd 97.24. Abv 99.14 aborts n risks 99.51/56

STRATEGY : Hold short

POSITION : Short at 98.75

OBJECTIVE : 97.75

STOP-LOSS : 99.10

RES : 98.57 / 99.14 / 99.41

SUP : 97.59 / 97.24 / 96.72

SaR KaL 08:07 GMT August 1, 2013
KaL's Trend and Level

eurjpy and gbpjpy

IMO bulish for monday

eurjpy should trade above 132.5...will long 129.8 to 129.6

gbpjpy should trade above 153...will long around 148.5

GVI Forex john -- Inner Circle 08:07 GMT August 1, 2013
Eurozone



EZ final Mfg PMI. Improving...


GVI Forex john -- Inner Circle 08:00 GMT August 1, 2013
Eurozone
Reply   

-- ALERT --
EZ- Final MFG PMI July 2013
50.3 vs. 50.1 (flash) exp. vs. 50.1
France
49.7 vs. 49.8 (flash) exp. vs. 49.8
Germany
50.7 vs. 50.3 (flash) exp. vs. 50.3



TTN: Live News Special Offer


Direct links to primary data sources

SaR KaL 07:23 GMT August 1, 2013
KaL's Trend and Level

closing some usdchf longs 0.9320
relong (Add) 0.9244 to 0.9223
for 0.95 tgt

edm jl 07:01 GMT August 1, 2013
usd/jpy position trade

yup, took a while but finally got out of that trading range...hope its done for good!

tokyo ginko 06:57 GMT August 1, 2013
usd/jpy position trade

buy on every dip for target 103.80

GVI Forex Blog 06:47 GMT August 1, 2013 Reply   
(CN) CHINA JUL HSBC FINAL MANUFACTURING PMI: 47.7 V 47.7E (11-month low) >- (CN) CHINA JUL MANUFACTURING PMI: 50.3 V 49.8E - (AU) AUSTRALIA JUL AIG PERFORMANCE OF MANUFACTURING INDEX: 42.0 V 49.6 PRIO

TradeTheNews.com Asian Market Update: China dodges contraction in official manufacturing PMI; Australia scrambles to raise funds to meet surplus timeline - Source TradeTheNews.com

SaR KaL 06:47 GMT August 1, 2013
KaL's Trend and Level

AUDNZD
Once every 4-7 years opportunity
we are at the bottom folks
I am accumulating Longs and generally tgt 1.37 to 1.40
till 1.1420...if it hold above that
will buy more with dips after that

SaR KaL 06:32 GMT August 1, 2013
KaL's Trend and Level

usdcad longs 1.0250 if seen
for 1.035 tgt next day
and overall tgt 1.06 next week

SaR KaL 06:29 GMT August 1, 2013
KaL's Trend and Level

usdjpy
closed few longs here
relong 97.7...still for 1.02 tgt

SaR KaL 06:27 GMT August 1, 2013
KaL's Trend and Level

gold short at 1335 adding today if seen
for 1303 tgt

will profit take eurusd shorts
at 1.3210 if seen today

will add more shorts
1.3325

PAR 06:27 GMT August 1, 2013
USDJPY
Reply   
Any BOJ intervention?

SaR KaL 06:22 GMT August 1, 2013
KaL's Trend and Level

nzdusd easy .79 today or next

SaR KaL 06:19 GMT August 1, 2013
KaL's Trend and Level

HK
I am short
tgt 1.5050 day trade or next day

gold tgt 1602 for today

SaR KaL 06:18 GMT August 1, 2013
KaL's Trend and Level

AUDUSD
Might make a recover into 0.91
possibly next week
wont be easy to go lower then 0.8920 imo

HK [email protected] 05:57 GMT August 1, 2013
KaL's Trend and Level



1.4950 that is a very nice price, will buy with you...but beware. It may not hit it:)

SaR KaL 05:08 GMT August 1, 2013
KaL's Trend and Level

I guess cable wants it's bottom 1.4950 area
So .. from here to there then north to 1.5460
Maybe Red? You think?

Syd 04:27 GMT August 1, 2013
Dollar hits three-year low on recovering US economy
Reply   
The Australian dollar has fallen below 90 US cents, its lowest level in almost three years, after further signs of a recovering US economy.

The dollar slipped past 90 US cents about 10pm yesterday, after a better-than-expected ADP national employment report and a surprise rise in US growth for the second quarter pushed the US currency higher.




The Australian dollar's downward slide is expected to continue as the US economy stages a recovery in fits and starts, economists said, with forecasts as low as 80 US cents by 2014.

Syd 04:23 GMT August 1, 2013
banks are being pushed by global regulators to bulk up their deposit bases
Reply   
Just as banks are being pushed by global regulators to bulk up their deposit bases any move to tax deposits represents a serious setback.

Bank stocks have taken a beating by lunch time amid reports Canberra is considering new levy on banks to provide insurance in case future bailouts are needed.

Banking is built around confidence and even the slightest tweak to the operation of the system can have major knock on effects. For one this could impact the behaviour of some savers.


Those with significant deposits sitting in bank accounts could eye other alternatives

GVI Forex Blog 03:44 GMT August 1, 2013 Reply   
Most Indices are close to crucial long-term Supports.

Morning Briefing : 01-Aug-2013 -0341 GMT

Hong Kong AceTrader 02:43 GMT August 1, 2013
Aug 1 : Dollar drops on dovish Fed statement
Reply   
Market Review - 31/07/2013 22:20GMT

Dollar drops on dovish Fed statement

The greenback tanked against euro and sterling on Wednesday as the statement from the Federal Reserve did not give any hints about a reduction in its stimulus measures.

The single currency went through a roller-coaster session on Wednesday. Although euro rose strongly from 1.3241 to 1.3301 in European morning after the release of better-than-expected Germany's unemployment rate (12.1% versus the forecast of 12.2%), failure to penetrate Tuesday's top at 1.3302 prompted profit-taking and price tumbled to a low at 1.3210 in New York morning on dollar's broad-based strength due to the better-than-expected U.S. ADP employment change and GDP data, which came in at 200K and 1.7% q/q, versus the forecasts of 180K and 1.0%.

Later, active cross buying of euro versus yen lifted euro and price rallied to 1.3299 at U.S. midday. Later, the pair rose above 1.3302 to a fresh 1-month top at 1.3345 in U.S. afternoon after the release of dovish Fed statement.

The Federal Reserve kept fund rate at 0-0.25% unchanged and released a statement which said 'will buy longer-term treasury securities at pace of $45 billion a month, agency MBS at 40 billion a month; recognizes inflation consistently below 2% goal, could pose risks to economic performance; anticipates inflation will move back toward objective over medium term, current inflation rate partly reflects transitory influences; economic activities has expanded at modest pace in first half 2013, labour market conditions have shown further improvement in recent months; to keep fund 0-0.25% as long as jobless rate above 6.5%, 1-2 year projected inflation no more than 2.5%, longer-term inflation expectations well anchored; housing sector has been strengthening, but mortgage rates have risen somewhat, fiscal policy is restraining growth.'

Versus the Japanese yen, although the greenback dropped from Asian top at 98.16 to a 1-month low at 97.59 in European morning, the pair rose strongly to a high at 98.57 in New York morning after the release of strong U.S. ADP employment change and GDP data but later fell sharply to 97.68 in late New York due to the dovish Fed statement.

The British pound edged lower from Asian top at 1.5245 due to active cross selling of sterling versus euro and then tanked to a low at 1.5125 in New York morning on dollar's strength, however, price staged a recovery in tandem with euro and rose to 1.5220 in U.S. afternoon after the release of dovish Fed statement and rose further to 1.5254 on dollar's weakness.

On the data front, German retail sales in June came in at -1.5% m/m and -2.8% y/y, worse than the forecast of 0.0% and 0.4%. EU unemployment rate in June came in at 12.1%, stronger than the forecast of 12.2%. U.S. Chicago PMI in Jul came in at 52.3, worse than the forecast 54.0.

Data to be released on Thursday:

Australia New home sales, China manufacturing PMI, Italy manufacturing PMI, France manufacturing PMI, German manufacturing PMI, EU manufacturing PMI, ECB rate decision, BOE Rate decision, U.S. Jobless claim, construction spending, ISM manufacturing.

HK [email protected] 01:54 GMT August 1, 2013
Australian Manufacturing Slumps as Currency Fall Insufficient
Reply   
http://www.bloomberg.com/news/2013-07-31/australian-manufacturing-slumps-as-currency-fall-insufficient.html

GVI Forex 01:11 GMT August 1, 2013
Chna
Reply   
**CHINA JULY CFLP PMI 50.3 VS MNI MEDIAN 49.8; JUNE 50.1

GVI Forex 00:57 GMT August 1, 2013
Forex News
Reply   
* Dollar softer after Fed gives no stimulus exit details

* Aussie plumbs 3-year lows ahead of China PMI data

* ECB, BoE meetings expected to keep forward guidance on rates


FOREX NEWS - Dollar slips after dovish Fed, Aussie slugged ahead of China data

 




Actionable trading levels delivered LIVE to YOUR charts

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

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


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