dc CB 22:33 GMT May 19, 2014
Eric Holder had a busy day
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Press conference this morning:
*FIVE CHINESE MILITARY OFFICERS CHARGED BY U.S. WITH ESPIONAGE
*JUSTICE DEPARTMENT SAYS CHINA HACKERS PENETRATE U.S. COMPANIES
*DOJ SAYS ESPIONAGE TARGETED WESTINGHOUSE ELECTRIC, U.S. STEEL, ALCOA, SOLARWORLD
Holder added that the "range of trade secrets and other senstivive business information stolen in this case is significant and demands an aggressive response."
+++++++++++++++++++++++++++++++++++++++++++++
Just now at 6PM another presser:
Credit Suisse Admits Guilt In Aiding US Citizens Evade Taxes -
U.S. FILES CRIMINAL CASE AGAINST CREDIT SUISSE IN FEDERAL COURT
CREDIT SUISSE AGREES TO PLEAD GUILTY IN TAX CASE SAYS U.S
CREDIT SUISSE PLEA WOULD END THREE YEAR U.S. INVESTIGATION
U.S. ALLEGES CREDIT SUISSE AIDED U.S. CITIZENS IN TAX EVASION
Credit Suisse Set to Plead Guilty in Tax Evasion Case
GVI Forex john 20:56 GMT May 19, 2014
Share Your Trading Ideas for Today
Weekly Trading Planner
TUESDAY 20 May 2014
U.K- Inflation (CPI, RPI & PPI)
CPI
expected to remain below the BOE's target. This will give the central
bank leeway to continue its accommodative policies
WEDNESDAY 21 May 2014
Japan- Bank of Japan Meeting
No
policy changes are expected. More QE in the future?
U.K.- Retail Sales. O
ne of the key
measures of the strength of the economy.��
U.K.- BOE Meeting Minutes.
This is
where
we get the first hard information about the BOE Meeting two weeks ago.
The key thing to watch for is the amount of "slack" in the economy.
Managing potential non-inflationary growth has become a key BOE policy
objective.
Eurozone- Consumer Confidence
not a
market mover, but� a useful sentiment barometer.
GVI Forex Blog 20:14 GMT May 19, 2014
AUD and NZD
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Strange mix of moves last night. Early equity market losses and core bond market gains reversed mid session so that we close with equities and yields smalls higher.
Australia & NZ Morning Thoughts
GVIForex Jay Meisler 17:25 GMT May 19, 2014
Share Your Trading Ideas for Today
One of those Mondays. Seems like Tues-Thurs is when the market gets in gear. In any case, these are times to stay alert.
SaaR KaL 15:25 GMT May 19, 2014
Day's Trades
GBPAUD
still short and adding
short range 1.8043 1.8000
tgt
1.7842
GVI Forex john 15:22 GMT May 19, 2014
Risk On/Off Heat Map
- As the U.S. morning wore on markets have been moving away
from a broad risk-off" position to a more neutral posture.
- Prime fixed income markets have turned mixed after they had�� fallen modestly as shares were weaker. Prices on bonds on the periphery of the Eurozone are mostly higher (yields are lower).
- Equities have turned mixed. European equities are closing
off their lows.�
Far East markets closed down. U.S. equities are trading mixed.
- The U.S. 10-yr is 2.50%, -2bp.
The heat map color scheme
of interest rates reflect yields. This aligns
all the colors in the chart to reflect risk-on (green) and risk-off
(red)
Paris ib 15:06 GMT May 19, 2014
Geopolitics
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The U.S. geopolitics strategy doesn't seem to be working
- Russia and China are set to sign a 30-year gas contract.
- And the "liberation" of Libya is coming unravelled.
"A Libyan air force base in the eastern city of Tobruk on Monday joined the forces of a general who had stormed the Libyan parliament to demand its suspension."
For now the USD is holding but the outlook is poor.
Gazprom and China
SaaR KaL 14:55 GMT May 19, 2014
Day's Trades
Oil
Next day Buy
Below 101.20
till 101
might want 103 as tgt
GVI Forex Jay Meisler 14:49 GMT May 19, 2014
Put This on Your Trading Checklist
EURUSD: Nice setup that did not follow through as stops negated by sellers above 1.3730.
As I suggested, read the article posted in this thread (click on the subject to get the link)
Cambridge Joe 14:47 GMT May 19, 2014
Day's Trades
Make you right Kal.
15:30 Oil longs need to be lucky and have deep pockets..... it's pent up IMO !
Paris ib 14:39 GMT May 19, 2014
Share Your Trading Ideas for Today
What I'm wondering is what this massive beat up will lead to. So they get the market all revved up for the next ECB meeting. And then it happens, at best as expected, at worst less exciting. What then? Do they really want us to keep believing that Central Banks can pull a rabbit out of their hats over and over and over? The fall out from this could be ugly. I wish they would all just shut up. I think all this talk is hugely irresponsible.
SaaR KaL 14:29 GMT May 19, 2014
Day's Trades
IMO
We are inside a turning times
Gets tough here
GVI Forex 14:12 GMT May 19, 2014
Share Your Trading Ideas for Today
The ECB's Mersch just said the probability of June ECB action has risen considerably.
I'm wondering if this is a "planted" piece of forward guidance for the markets?
GVI Forex Blog 13:53 GMT May 19, 2014
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May 19, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, May 20. Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: JP- Trade, Lead Indicators, GB- CPI, RPI, PPI.
GVI Forex Data Outlook for May 20, 2014
GVI Forex john 13:50 GMT May 19, 2014
Calendar -- Daily Forex Data
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May 19, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, May 20.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: JP- Trade, Lead Indicators, GB- CPI, RPI, PPI.
- Far East: JP- Trade, Leading Indriversdicators.
- Europe: GB- CPI, RPI, PPI.
- North America: US- API.
Cambridge Joe 13:45 GMT May 19, 2014
Risk On/Off Heat Map
If you want to long SnP, I'd do it from lower. An opportunity to do so will occur soon. IMO. !
GVI Forex john 13:36 GMT May 19, 2014
Risk On/Off Heat Map
U.S. shares off their earlier pre-open lows. Attempting to recover?
GVI Forex Jay Meisler 13:34 GMT May 19, 2014
Share Your Trading Ideas for Today
EURUSD
Stops or offers still around 1.3830-33?
Once again tested 1.3825-35 - 5th time - and 2nd day so far not reaching 1.3830.
GVI Forex Jay Meisler 13:22 GMT May 19, 2014
Put This on Your Trading Checklist
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For those who have not read this article, I suggest doing so on a day like today.
Have you ever been long a currency in what looked like a good setup only to see the bottom drop out of nowhere? Have you ever been short a currency that setup nicely to the downside only to see it suddenly reverse to the upside? There is a term to describe this that I have added to my daily checklist that I reveal in the following article....
Put This on Your Trading Checklist
nw kw 12:50 GMT May 19, 2014
Day's Trades
london red 08:41 GMT 05/19/2014
eurgbp lt 61.8@8160, 10 day@8168, st 23.6@8191, 20 day@8195.
anything above 10 day likely to see some sharp short covering, but 20 day should cap any intraday move with a return to/under 10 day possible by close.
10 week(8230) and 20 week(8247) should cap any multiday rally if materialises.
RED MAN TKS got out ++++at least you care
GVI Forex john 11:45 GMT May 19, 2014
Share Your Trading Ideas for Today
It should not be shocking that the EURUSD pivot point for today i3 1.3703. Its 20-day average looks to be out of range at 1.3812. EURUSD bulls have have a lot of work to do to get any momentum support for the long side of the market.
In the USDJPY, we are seeing divergence with the S&P which has turned higher. It could be giving the USDJPY a lift right now. Its pivot is 101.51, above its daily pivot the tone of USDJPY should improve? Otherwise the 20-day average at 102.11 is distant.
This looks to be shaping up as a risk-off session, but that could change after U.S. markets open today. U.S. equity markets usually do not like to follow trends that start overseas.
Any thoughts?
Cambridge Joe 10:54 GMT May 19, 2014
USDX
Reply
usdx firming about here for the next several hours. IMO. GL
SaaR KaL 10:16 GMT May 19, 2014
Day's Trades
if you long cable around here
Watch a Movie called..."The Darwin awards"
It will help
GVI Forex Jay Meisler 10:12 GMT May 19, 2014
USDJPY
Below the 200 day mva (101.24) for first time since early Nov. USDJPY 100.75 is key support that needs to be defended to prevent risk shifting to 100.00
Pressure could be coming from unwinding of JOY vs. peripheral bond carry trades
SaaR KaL 09:42 GMT May 19, 2014
Day's Trades
cable is forked from now on
wont do too much north
Let him have it guys
SaaR KaL 09:38 GMT May 19, 2014
Day's Trades
ok...will long USDJPY
for the day till 101.00
tgt tops 101.8
Cambridge Joe 09:36 GMT May 19, 2014
SnP
Reply
SnP firming here IMO. GL
GVI Forex Blog 09:29 GMT May 19, 2014
No Major Data Releases. Focus on Stocks and Bonds
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HIGH IMPACT NEWS ITEMS: CA: Holiday
For the moment, the focus is back on more traditional market influences. The most basic influence in forex is capital flows, and they are usually driven by interest rate and investment activities.
The dominant theme very recently in the markets has been the price correction in equity markets led by the fall in U.S. prices. It is axiomatic that falling share values can lead to rising bond prices. Higher bond prices result in lower interest rates. This is precisely what has been happening.
No Major Data Releases. Focus on Stocks and Bonds
SaaR KaL 09:29 GMT May 19, 2014
Day's Trades
xptusd
Long below 1460
till 1440...
nice rally north comin up IMO
Might see 1500 Mid week
GVI Forex john 09:21 GMT May 19, 2014
Risk On/Off Heat Map
Reply
- Markets are off to a typically cautious Monday start..
- Prime fixed income
markets have seen yields fall modestly as shares weaken. Prices on
bonds on the periphery of the Eurozone are generally higher (yields are
lower).
- Equities
are performing poorly. European equities are broadly� lower.�
Far East markets closed down. U.S. S&P futures are weaker.
- The U.S. 10-yr is 2.51%, -1bp.
The heat map color scheme
of interest rates reflect yields. This aligns
all the colors in the chart to reflect risk-on (green) and risk-off
(red)
SaaR KaL 09:08 GMT May 19, 2014
Day's Trades
CHFJPY SHorts
above 113.6 to 113.9
is not much of a problem IMO
SaaR KaL 08:54 GMT May 19, 2014
USDJPY
red
USDJPY with me sort of flat
buying below 101.4 seems fine
more like 2:30 AM trend
don think will go lower then 101.00 for next few days
SaaR KaL 08:51 GMT May 19, 2014
Day's Trades
AUDCHF
Recommended Long
Lower then 0.8339
Longing down to .8300 with dips
london red 08:50 GMT May 19, 2014
USDJPY
just a hunch but no follow thru on downside so what of bear squeeze to 101.80/102.20 before break to downside?
GVI Forex 08:47 GMT May 19, 2014
USDJPY
Reply
Held a first test of 200 day mva (101.24)
london red 08:41 GMT May 19, 2014
Day's Trades
eurgbp lt 61.8@8160, 10 day@8168, st 23.6@8191, 20 day@8195.
anything above 10 day likely to see some sharp short covering, but 20 day should cap any intraday move with a return to/under 10 day possible by close.
10 week(8230) and 20 week(8247) should cap any multiday rally if materialises.
Tallinn viies 08:38 GMT May 19, 2014
eurusd
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this week euro most likely will not be able to move over 1,3770/75. selling euros with stop at 1,3805. should work.
downside target 1,3620/30 first and next at 1,3575.
SaaR KaL 08:07 GMT May 19, 2014
Day's Trades
Long NZDUSD
Below 0.8650
Shorts GBPJPY above 169.9
SaaR KaL 07:54 GMT May 19, 2014
Day's Trades
Out of Gold and Silver Longs here
Longing later
Hong Kong AceTrader 07:11 GMT May 19, 2014
AceTrader May 19:Weekly Outlook on Asian Exotic USD/IDR
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WEEKLY USD/IDR OUTLOOK - 11360
19 May 2014 04:25GMT
Last week's sharp sell off signals recovery from
Mar's low at 11255 has ended at 11655 (Apr) and MT
fall should resume for weakness to 11255 later.
Sell on recovery with stop as indicated, break
signal temp. top made and risk gain to 11520.
STRATEGY : Sell at 11400
OBJECTIVE : 11260
STOP-LOSS : 11470
RES : 11465/11520/11655
SUP : 11300/11255/11100
nw kw 06:56 GMT May 19, 2014
Day's Trades
tks man .8160 is good help I see it now
SaaR KaL 06:48 GMT May 19, 2014
Day's Trades
KW
Hi... Fine Long below 0.8160 for today
I think want to change its mind next day above 0.8170 area
Most likely into late Tues
nw kw 06:30 GMT May 19, 2014
Day's Trades
in long eur/gbp do you see resistance day trade
SaaR KaL 06:19 GMT May 19, 2014
Day's Trades
Reply
EURJPY shorts above 138.9
USDCHF Longs below 0.8920
EURUSD Shorts above 1.3680
cable shorts above 1.6780
Hong Kong AceTrader 01:22 GMT May 19, 2014
AceTrader May 19: Intra-Day Market Moving News and Views EUR/USD USD/JPY
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Intra-Day Market Moving News and Views
19 May 2014 01:06GMT
EUR/USD - 1.3701
A piece of important w/end news worth noting. Reuters, together with our media reported ECB Executive Board member Peter Praet will recommend that the bank cut its main refinancing rate to a record low 0.15 percent from 0.25 percent at its policy meeting on Jun 5, according to the German magazine Der Spiegel.
Praet is also expected to recommend the introduction of a negative rate on bank deposits for the first time, Der Spiegel reported on Sun, without citing a source.
USD/JPY - 101.55
Japanese gov't. official says : machinery orders rise at fastest pace since comparable data available fm fiscal year 2005.
Japan's Mar monthly & year-on-year machinery order surged to 19.1% n 16.1% respectively, way abv market consensus of 6.0% & 4.2% respectively, however, dlr has shown muted reaction to the data.
The ECB declined to comment. Last week Reuters reported that the ECB was preparing a package of policy options for its June meeting, including cuts in all interest rates.
Five people familiar with the measures being prepared described plans involving a potential rate cut, including the ECB's deposit rate going negative for the first time, along with measures targeting small n mid-size companies.
many more chart points
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