dc CB 22:18 GMT January 21, 2014
rumblings
Pacific Investment Management Company LLC (PIMCO), US-based Asset Management subsidiary of Allianz, has reorganized its leadership structure. Mohamed El-Erian, Chief Executive Officer and Co-Chief Investment Officer of PIMCO, today has resigned from his functions effective mid-March and will leave PIMCO at the same time. He will stay on the International Executive Committee of Allianz and will advise the Board of Management of Allianz SE on global economic and policy issues.
Mohamed El-Erian will directly report to Michael Diekmann, CEO of Allianz SE.
William H. Gross, founder of PIMCO, will remain Chief Investment Officer.
GVI Forex john 22:18 GMT January 21, 2014
Calendar -- Daily Forex Data
Reply
January 21, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, January 22.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: AU- CPI, JP- BOJ, GB- Employment, BOE Minutes, CA- BOC
- Far East: AU- CPI, JP- BOJ, Lead Indicators.
- Europe: GB- Employment, BOE Minutes.
- North America: US- Mortgages, API Energy, CA- BOC.
Syd sf 21:54 GMT January 21, 2014
Wednesday
gbpyen on the daily midpoint of bollinger is like 172.10-18 area
the 2 scenarios for bullish vs bearish seems to be
above 172.15 targets 174.10
below 172.15 targets 169.75
maybe today we see the resolution.
Syd sf 21:48 GMT January 21, 2014
Wednesday
Reply
I don't have a good image for the market today - but initially i don't expect to see $yen above 35-45.
better trading later in the day .. we need a strong theme to go with.
KL KL 21:01 GMT January 21, 2014
Long audusd
Top of the Asia morning......its raining in Sydney? Australia?...Hooray......Die FIRE...>DIEEEEE!!!!! Looks like Aussie did not have it so bad in so many states in one year..... Scrap that stupid Carbon Tax, National Broadband, and build Very Fast train to ALL states......be like japan, China , germany......get something and BLOW OUT the budget to $600 Billion .... I don't care....... time for people to think of something useful rather than fancy Education Revolution, Super Hospital and Obama Care......LOL
happy to get out now long audusd.... .88109....because inflation figure leaked is benign......So what if you have inside info...minions like us just can never beat the Financial world Mafia.....because each day they are there to make sure minions Lose and the Financial Worlds mafia don't....and they pay the media to sing and spin....
all a Sham like the NFP and whatever government release.....still cannot complain as I need Chaos, Lies, 1/2 truths and SHAM to profit......
We live to trade to survive...Ninja art rant of the day!! gl gt...DYOR...imvho
+ >> the other side soon time to long gold now 1241...will add more under later...no problem
dc CB 20:29 GMT January 21, 2014
Wednesday sees U.K. Jobs data and a Bank of Canada decision
ZH:
Ten days ago, the few carbon-based habitual gamblers left in the market stopped and read Goldman's report which, as we said, may have 'just killed the music' with its slam of the market saying the "S&P500 is now overvalued by almost any measure." Recall: "The current valuation of the S&P 500 is lofty by almost any measure, both for the aggregate market as well as the median stock...
Since then, many of Goldman's client must have been displeased that David Kostin refuses to drink from the punchbowl anymore, and sent in their complaints. However, Goldman has refused to budge and issued a follow up defense to its thesis that stocks are overvalued more than at any other time except the tech bubble
Goldman Defends Its "Stocks Are Overvalued" Call From Angry Clients
Jerusalem KB 20:19 GMT January 21, 2014
Pipshunter
Buy GBPJPY
Entry: 171.95 Target: 174.10-177.32 Stop: 170.40
Jerusalem KB 22:19:56 GMT - 01/20/2014
Buy GBPJPY
Entry: 171.95 Target: 173.85 Stop: 170.40
buy stop
=====
this trade is not that bad but will take few daily candles for target as long as we are above 170 and also new targets are waiting.
GBPJPY is targeting 180
Jerusalem KB 20:04 GMT January 21, 2014
Pipshunter
Sell EURUSD
Entry: 1.3555 Target: Stop: 1.3575
Jerusalem KB 21:59:54 GMT - 01/20/2014
Sell EURUSD
Entry: 1.3555 Target: Stop: 1.3610
sold
.........
SL now at 1.3575 and I deleted the sell limit order too.
Mtl JP 19:35 GMT January 21, 2014
rumblings
Reply
Gold-Price Banks Meet Amid Regulatory Pressure - wsj
The five banks that set the benchmark price for gold are meeting as they seek an external audit of the processes they use.
-
under scrutiny by regulators over concerns of price-fixing... potentially looking to protect their donkey ?
GVI Forex 19:21 GMT January 21, 2014
AUD and NZD
Reply
Markets did not appear to be following any common theme last night. Amid little news flow, US equities initially tested the upside then reversed to be unchanged currently (S&P500).
NZ Morning Thoughts - FX & IR
GVI Forex Blog 19:19 GMT January 21, 2014
Reply
Markets did not appear to be following any common theme last night. Amid little news flow, US equities initially tested the upside then reversed to be unchanged currently (S&P500).
NZ Morning Thoughts - FX & IR
GVI Forex john 16:42 GMT January 21, 2014
Fixed Income Snapshot
Late in European trade, prices in prime fixed income markets have turned broadly lower late in Europe. European equities are mixed late. U.S. share markets are mostly weaker. The peripheral European bond prices are down.
Amman wfakhoury 16:26 GMT January 21, 2014
EURUSD 80 pips movement
Just to remind you
any rise above 1.3545 will return to it.
GVI Forex Blog 15:29 GMT January 21, 2014
Reply
January 21, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, January 22. Updated: Trading Events Calendar
HIGH IMPACT RELEASES: AU- CPI, JP- BOJ, GB- Employment, BOE Minutes, CA- BOC
GVI Forex Data Outlook for Januaey 21, 2014
GVI Forex john 15:26 GMT January 21, 2014
Calendar -- Daily Forex Data
Reply
January 21, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, January 22.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: AU- CPI, JP- BOJ, GB- Employment, BOE Minutes, CA- BOC
- Far East: AU- CPI, JP- BOJ, Lead Indicators.
- Europe: GB- Employment, BOE Minutes.
- North America: US- Mortgages, API Energy, CA- BOC.
NW KW 13:59 GMT January 21, 2014
Trade of the Quarter
Sf your good at this tks for sharing for I just trying to find the bank before it fins me.
NW KW 13:50 GMT January 21, 2014
Trade of the Quarter
This year 2006 charts are a good reference as if we are on a reset button some charts are there and commodity pairs are lagging, but swiss stocks are leading up again, tracking it for when or if it leads big pull back you will see chf/jpy trend down some or a lot as it did last year leading indicator its like gold for yen trade.
Syd Sf 13:39 GMT January 21, 2014
Trade of the Quarter
Your right there are other factors upcoming but those tax moves are just bit far away to trade on for tomorrow.
Lahore FM 13:28 GMT January 21, 2014
Trade of the Quarter
Trade of the Quarter
GVI Forex Jay Meisler 11:26 GMT 01/21/2014 - My Profile
Nice scalp FM!
--
Thanx Jay!
there will be a reload at some point for 1.15 and 1.20 usdcad.
NW KW 13:26 GMT January 21, 2014
Trade of the Quarter
its the new yen tax in ap April it will hit hard so more QE is hilly anticipated to off set the new tax. But I don't no if a retrace hard before we get to the new yen tax
Syd Sf 13:14 GMT January 21, 2014
Trade of the Quarter
$yen on its own I'm expecting a small pullback to .35/40 to get some more energy for the next move.
It's not 100% guaranteed expectations will be met tomorrow so at some point today I'm expecting some position squaring.
Syd Sf 13:07 GMT January 21, 2014
Trade of the Quarter
Liquidating 100 % long gbpyen here at 02
It's not I don't believe there is more upside but prefer to buy a dip back to 40/50 and hold for the longer term.
Basically we have BOJ tomorrow and then gbp employment stuff I believe .. So just trying to manage my thoughts a little.
Should be a pretty major trading point with BOJ so looking fwd to that.
NW KW 12:56 GMT January 21, 2014
Trade of the Quarter
ed kw 00:35 GMT January 15, 2014
Yen: Reply
300 pip pivot???????????????????????????????
same chart patterns as last year
---------------------------------
but usa/cad target 1.20 to 1.15
its being called the grate commodity crash but if s&p doesn't crash/
GVI Forex john 12:43 GMT January 21, 2014
#Your Best Trade for Today
The commodity currencies remain vulnerable (deflation?) with #USDCAD taking out the psychological 1.10 line earlier today. We are expecting a dovish Bank of Canada statement Wednesday, but no policy changes. The COT report as of Tuesday a week ago shows the markets positioned heavily long USDCAD. The critical 20-day moving average is 1.0767.
It hard to catch a trade this deep into a move, but the trend remains solid. Any trading ideas on the USDCAD pair?
Mtl JP 12:35 GMT January 21, 2014
Trade of the Quarter
Hilsenrath in WSJ - Next cut in Fed bond buys looms
claims reduction announcement to $65 billion on Jan. 29
GVI Forex john 12:30 GMT January 21, 2014
#Your Best Trade for Today
Sorry I cannot recall who suggested the long GBPJPY trade last Wednesday, but the trade has been working out well congratulations! I believe it was Syd sf.
GVI Forex Jay Meisler 12:16 GMT January 21, 2014
Trade of the Quarter
JP, just an attempt at humor. It was a mammoth trade.
London Misha 12:00 GMT January 21, 2014
Observations
Reply
EURUSD - 2nd close below key 50% Fib 1.3594& medium MA (1.3574) on Daily Chart. Key Reversal Down on Weekly Chart!
USDJPY - Possible Descending (broken) Triangle Top after Double Top on Daily Chart.
GBPUSD - Indecisive Spinning Top on Daily Chart.
USDCHF - Indecisive Doji (possibly bearish) but market makes another try up over Neckline with new 2014 high on Daily Chart.
EURGBP - Indecisive Doji but market makes another try lower for new 2014 lows on Daily Chart.
AUDUSD - Bullish Piercing Pattern on Daily Chart after Key Reversal Down on Weekly Chart.
USDINR - Market continues in Sideways Coil/Triangle, bouncing up off Uptrend On Daily Chart. Possible Key Reversal Up today!
USDZAR - Indecisive Doji (possibly bearish) on Daily Chart.
USDBRL - Bullish Hammer on Daily Chart after a try below 2.3371 Fib on Daily Chart.
Mtl JP 11:52 GMT January 21, 2014
Trade of the Quarter
you call 100 pips major move and 750 pips a scalp ?
only on gv
Lahore FM 11:17 GMT January 21, 2014
Trade of the Quarter
Reply
closed out usdcad long 1.0247 at 1.1010 now for 763 pips plus !
GVI Forex john 11:07 GMT January 21, 2014
U.S. Weather
RF- They are almost all electronic now, so the trading floors about obsolete. They are now mainly a marketing prop. When you watch on TV note that the floors are virtually empty. When I spent a lot of time on the floors in Chicago in the late 70's, there was barely room even to stand. Forex has never had an "exchange" per se.
Barcelona 11:03 GMT January 21, 2014
GBP/USD: Next bullish signal could take it to 1.70
Reply
The GBP/USD has shown an exceptional performance since last summer. Following a double-bottom near 1.48, th currency pair began a strong recovery and revalued 12% to reach current levels.
The breakout of resistance at 1.62 last November confirmed the bullish trend, the currency's underlying strength, and the possibility of more gains.
The currency has since been in a trading range for the last two months. A bullish signal is needed to confirm the start of a new rally. This signal would be produced with a close above 1.66, which in theory should trigger a rally equivalent to the size of width of the range. This means that the GBP/USD could reach 1.70.
GVI Forex john 10:46 GMT January 21, 2014
U.S. Weather
Reply
The Northeast U.S. form Washington thru NYC, and all the way to Boston is expected to be hit with a major winter storm from later Tuesday through Wednesday. Federal offices in Washington are already shut. Other cities are unlikely to close but market participation could be reduced late Tuis and early Wed . Temperatures are expected to be very low again.
NW KW 10:18 GMT January 21, 2014
German ZEW Survey
Commonwealth Bank of Australia said in a note to clients: "The ECB's easing bias should continue to cap front-end core eurozone bond yields. The core eurozone-US two-year bond yield spread has been a solid reliable guide to EUR/USD direction.
Forex John WHUT DO YOU SEE IM NOT GOOD AT THIS TIA.
GVI Forex john 10:11 GMT January 21, 2014
German ZEW Survey
German ZEW Survey. January data mixed EURUSD net steady.
NW KW 10:09 GMT January 21, 2014
German ZEW Survey
Sell EURGBP
Entry: now Target: Stop:
xaugbp strength xaueur lagging SELL EUR/GBP Hammer time$
Syd Sf 10:08 GMT January 21, 2014
German ZEW Survey
They are saying short term eur rates are starting to move up .. Basically saying to the ECB guy .. The time for talk is over .. Your going to have to do something.
GVI Forex john 10:01 GMT January 21, 2014
German ZEW Survey
German gata mixed vs. expectations.
GVI Forex john 09:59 GMT January 21, 2014
Fixed Income Snapshot
Reply
Early in European trading hours, prices in prime fixed income markets are higher again. The peripheral European bond prices are higher as well. Far East shares ended higheer. European Equity markets are up. U.S. markets return from a holiday today
HK [email protected] 09:20 GMT January 21, 2014
EUR
Reply
The shakeout B4 the ZEW, will send more to the sidelines and magnify the effect of the data on the price change.
USA 08:49 GMT January 21, 2014
FOREX Trading Strategy For Today
Reply
Bullish candlestick formation and release from the correctional level of 76.4% -0.8231 allowed the pair to perform a U-turn in favor of the New Zealand dollar and start the growth of quotations in the direction of correction level 100.0% -0.8470. Education bearish formation allows traders to expect a reversal in favor of the U.S. dollar and a fall in the direction of the pair Fib 76.4% level. Securing quotations under correction level 76.4% increase a couple's chances for continued depreciation towards the next correction level 61.8% -0.8082.
Without education bullish candlestick formation quotes performed reversal in favor of the New Zealand currency and began to rise, performing over consolidation correctional level of 61.8% - 0.8295 . As a result, growth continues in the direction of the next correction level 76.4% -0.8440. Education bearish reversal formation will allow couples to expect in favor of the U.S. dollar and a fall in the direction of 61.8% Fib level. Securing of the pair below the 61.8% correction allows traders expect further fall in the direction of the correctional level of 50.0 % -0.8178.
Amman wfakhoury 08:36 GMT January 21, 2014
EURUSD 80 pips movement
Reply
1.3545 is wfakhoury directional level ..ready to move 80 pips
from it.
mostly movement will be to down.
any rise above 1.3545 will return to it.
so sell ..add sell if rise above 13545...possibly to reach 13545+80 if breaks 13545.
ed kw 08:27 GMT January 21, 2014
Long audusd
The International Monetary Fund is widely expected to raise its outlook for the UK this week, nudging up the country's growth forecasts by more than for any other major economy.
The Washington-based fund is due to unveil an update on Tuesday to its World Economic Outlook from last October. Back then it forecast UK national output would rise 1.9% in 2014. Now it is expected to predict growth of 2.4%, according to a Sky News report.
The IMF is also expected to upgrade its outlook for the global economy, which in October it predicted as expanding by 3.6% this year. That would reflect the cautiously optimistic tone in a New Year's speech from its managing director, Christine Lagarde, last week.
"This crisis still lingers. Yet, optimism is in the air: the deep freeze is behind, and the horizon is brighter. My great hope is that 2014 will prove momentous … the year in which the seven weak years, economically speaking, slide into seven strong years," she said.
If confirmed, the substantial upgrade to the UK will be a welcome boost to Chancellor George Osborne and his much repeated assertion that the coalition's "economic plan is working".
But in the past the IMF has echoed other economists, including experts at the UK's own Office for Budget Responsibility, that the UK remains over-dependent on consumer spending to grow.
bali sja 08:25 GMT January 21, 2014
Long audusd
KL KL, how about cable? 1.70 good?
KL KL 08:22 GMT January 21, 2014
Long audusd
Reply
here we go again Long now audusd......8786...got inside info on scary inflation figure.....so what can we minions do......?? LOL....
add every 5-9 pips lower...occasional relentless ...occasional sip wine.....sometimes HFT Ultra......LOL......DYOR..>DFM imvho and gl gt
ed kw 06:31 GMT January 21, 2014
A$/U$
The AU CPI release today has the potential to confirm whether or not RBA will cut rates further in the upcoming meeting. If the CPI is showing an economy that’s under no inflationary pressure, RBA may very well cut rates further in order to boost economic activities… However, if the CPI is higher than expected, then RBA may choose to keep rates unchanged at this time…
Syd Sf 05:51 GMT January 21, 2014
EURO
Yesterday Europe had some fairly solid eur bids .. So see what they do today .. I have no eurusd view .. As I find it pretty stupid the way it trades.
bali sja 05:21 GMT January 21, 2014
A$/U$
agree [email protected], usd looks tired, time to rest and go back to sleep
HK [email protected] 04:17 GMT January 21, 2014
A$/U$
Reply
Forming an inverted triangle on the hourly with 0.8880 target, so by the time, China bad news are well discounted for the moment.
HK [email protected] 04:03 GMT January 21, 2014
EURO
1.3530 worth watching if can hold. If yes the uptrend may resume a bit.
HK [email protected] 03:51 GMT January 21, 2014
EURO
Reply
/
Can't see yet why it may drop below 1.3515.
Will need a very good reason such to happen.
Syd sf 03:42 GMT January 21, 2014
Tuesday
gbp/yen .. i bought more at 96 .. i just see this thing grinding its way higher.
Syd sf 01:45 GMT January 21, 2014
Tuesday
I maybe blind but from my chart reading - gbpyen triangle 5 completed target 172.90
to really show its on the way - I suppose it has to touch 171.95.
Hong Kong AceTrader 01:32 GMT January 21, 2014
AceTrader Jan 21: Euro recovers from a fresh 7-week low in subdued trade
Reply
Market Review - 20/01/2014 22:53GMT
Euro recovers from a fresh 7-week low in subdued trade
The single currency recovered from a fresh 7-week low against the dollar as investors closed their bet in subdued trade Monday due to closure of U.S. financial markets for Martin Luther King Day holiday.
Earlier in the day, although euro remained under renewed selling pressure at 1.3546 at Monday's Australian open following last Friday's sell off and fell further to a fresh 7-week low of 1.3508 versus the dollar at Asian open, lack of follow- through selling prompted short covering and price later rebounded to 1.3562 in European morning due partly to cross-selling of euro and then edged marginally higher 1.3568 near European closing before easing.
Versus the Japanese yen, dollar was under pressure in Asian trading on the back of falling Nikkei 225 index and price tanked to 103.86 before staging a rebound, dollar climbed back to 104.26 but renewed cross-buying of yen capped intra-day gain there and the pair later dropped back to 103.92 n then traded sideways for rest of the quiet North American session session.
Cable followed euro's move closely in Asia and fell to 1.6396 before climbing back to 1.6452 in European morning, however, renewed selling ahead of last Friday's high of 1.6459 capped intra-day gain and price later retreated to 1.6418 due partly to cross-selling of sterling before moving sideways.
On the data front, report showed that industrial production in Japan fell unexpectedly in November to a seasonally adjusted -0.1%, from 0.1% in the preceding month. A separate report stated that capacity utilization in Japan slipped by seasonally adjusted 0.5 percent month-on-month in November, compared to previous year, capacity utilization fell 2.8 percent.
In commodity currency, although Australian dollar fell initially to a fresh 3-1/2 year low of 0.8756 against the usd in Asian morning, the pair found support after data showed China's economy grew 7.7% on a year-over-year basis in the fourth quarter and rebounded to 0.8821 in European afternoon before easing.
Data to be release on Tuesday:
New Zealand CPI, Germany ZEW survey current situation, survey expectations, U.K. CBI industrial trend, Canada wholesale sales, and U.S. IMF economic outlook.
Belgrade TD 01:10 GMT January 21, 2014
Daily TA trade
Belgrade TD 17:47 GMT January 14, 2014
Sell AUDUSD ... Entry: ~0.898 Target: NA Stop: >0.905
///
1/3 out ~0.89 ... TS 40pips for rest ...
///
another 1/3 out ~0,882 ... new stop for last 1/3 at 0,889
///
out rest at 0,882 ...
Belgrade TD 01:07 GMT January 21, 2014
Daily TA trade
Sell USDJPY
Entry: 105 Target: na Stop: na
order in place ... without S&T at the moment ...
Belgrade TD 01:02 GMT January 21, 2014
Daily TA trade
Sell GBPUSD
Entry: ~1.642 Target: ~1,63/- Stop: >1,65 *4h Close
Short here ... cascade targets ...
Syd sf 00:03 GMT January 21, 2014
Tuesday
just something on the day - tomorrow
BOJ meeting starting today - looking for more comments saying they are comfortable with the current policy
also saying there is some early buying to come in the nikkei -- so a few initial $yen bids .. hopefully tomorrow we see a strong move.
many more chart points
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