nw kw 22:34 GMT May 26, 2014
Agree or Disagree Crude Oil
usd inx. most are waiting for chart to hold the brake out,or the gold bugs
heating oil bit soft see if June 2 is oil top 108 poss oil afraid of us gov, for shod ran for 110
102.5 oil old pivot
GVI Forex john 22:15 GMT May 26, 2014
Weekly Trading Planner
CB- I've rarely seen the forex market react noticeably to any Treasury auction. I know they are a big deal for bond traders which is why I include them in the calendar.
Cheers...
dc CB 21:32 GMT May 26, 2014
Weekly Trading Planner
"
5-yr Auction- Usually not a market mover."
fwiw
owing to the Flatner Trade...sell 5s buy 30's that is currently in the process of being Unwound. This Auction bears watching, even if it dosen't Move the Market. As it shows the perception of short term rates over long. It got its start when Yellen dropped the 6 months line and the Dots got shown.
GVI Forex john 21:14 GMT May 26, 2014
Weekly Trading Planner
Reply
TUESDAY 27 May 2014
United States:
Durable Goods- Capacity Utilization- Seen higher.
Case Shiller- Old home
prices. Yawn!
Markit Services PMI- Seen steady.
relatively new index.
Conference Board Survey- Short-term
confidence Survey. Seen better.
WEDNESDAY 28 May 2014
Germany
Employment- Key economic measure.
Seen stronger
Eurozone:
Consumer Confidence- Useful
statistic, but NOT a market-mover
United States-
5-yr Auction- Usually not a market
mover.
THURSDAY 29 May 2014
Eurozone
Holiday
United States
GDP- Revisions to 1Q14 GDP will be closely Watched
Weekly Jobless Claims- Markets always watch levels on Claims>
Pending Homes Sales- Good predictor of Existing Homes Sales
Canada- GDP- Often not a Market-mover
FRIDAY 30 May 2014
Japan-
CPI - The BOJ wants to extricate Japan from deflation.
Germany;
Retail Sales- Key metric for
Germany since its recent economic strength has been let by the
consumer, which is very unusual.
United States-
University of Michigan survey. Closely watched.
Mtl JP 20:13 GMT May 26, 2014
Agree or Disagree Crude Oil
Joe 19:42 so what are u doing now: buy , sell, or if wait then for what and then what ?
dc CB 19:36 GMT May 26, 2014
Agree or Disagree Crude Oil
I'd wait until the NYMEX pit opens at 9AM NY, 1400 GMT. No volume until then.
They may make a run at 105.
specs pushing it higher for the summer run
WTI COT
GVI Forex john 15:29 GMT May 26, 2014
Calendar -- Daily Forex Data
Reply
May 23, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday/ Tueday, May 26-27.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: Tuesday- DE- Retail Sales, US- Durable Goods, Case-Shiller, flash
Markit SVC PMI, CB Sentiment.
- Far East: No Major Data.
- Europe: DE- Retail Sales, CH- Trade.
- North America: US- Durable Goods, Case-Shiller, flash Markit SVC PMI, Richmond Fed, CB Sentiment, 2-yr Auction.
Mtl JP 15:16 GMT May 26, 2014
Agree or Disagree Crude Oil
Joe ... I think there is more to be alert about in the price of Brent
The Chinese (and Russia) are trying to dump their USD holdings and buy things , China is loading up crude (Brent you ll want to note) at a rate of an extra 1mil barrels of oil everyday beyond what they need .. since the beginning of April
Can you think of what it would take make Brent go to - say - $150?
Livingston nh 14:37 GMT May 26, 2014
Global Markets News
JP - a fair amount of complacency in the punditry and elites that EU voting is not dispositive of the national election outcomes -- but politics like economics is contextual not scientific so you need to know the environment as it is NOW not prior years (the dangers of using GOOD analogies) // folks vote local and personal issues in national elections but EU is now affecting some folks on a personal and local level (austerity) -- national govvies that miss that point are more likely to be removed (professionals know that "doing the Right Thing" is not usually conducive to re-election)
Mtl JP 14:26 GMT May 26, 2014
Global Markets News
nh buddy remarked that MSM not reporting that pretty much almost ALL of the czech parties are anti-EU.. only 1 out of 31 is 'pro'... so even with the people so pissed off with the status quo.. some protests etc... the elites are still in charge & people are sheeple everywhere
-
Bottom Line
The European princes will NOT be denied their castle
GVIForex Jay Meisler 14:19 GMT May 26, 2014
Agree or Disagree Crude Oil
Reply
Joe, I started an Agree or Disagree Crude Oil thread, which will make it easier to carry on an ongoing discussion on this .
Livingston nh 14:19 GMT May 26, 2014
Global Markets News
As national politicians in Europe look out to the elections next year and in 2016 there is immediate concern for those operating in coalitions - they must hang together or hang separately // the usual corrective action by parties in power is restricted by "austerity" concerns - notably in Greece and Ireland but also in France as Hollande must decide whether set a "bad" example or toe the line
Defections in coalitions are common as individual politicians assess the election results on a personal level -- Greece may be the first to see some pols changing horses
GVIForex Jay Meisler 11:08 GMT May 26, 2014
Agree or Disagree? EURUSD
Reposting my weekend video update.
1.3650 is most important for me although Friday's high was 1.3656. Range sill small (33 pips) but feels like more (life in a low volatility market). 1.3650 caps upside today unless market sniffs out more stops?
Note chatter of good bids at 1,36.
Last leg was about 120 pips, 38.2% = 1.3660.
Video Market Update
Hong Kong AceTrader 09:55 GMT May 26, 2014
AceTrader May 26: Daily Market Outlook on EUR/USD
Reply
Update Time: 26 May 2014 07:35 GMT
EUR/USD - 1.3638
The single currency fell to a fresh 3-month low at 1.3615 in New Zealand morning, suggesting erratic decline from May's 2-1/2 year peak at 1.3995 to retrace medium term upmove from 1.2042 (Jul 2012) remains in progress and further weakness to 1.3477 support is likely, however, strong support at 1.3295 is expected to remain intact.
On the upside, only a breach of 1.3734 resistance would signal a temporary low is made and yield rebound to 1.3771/75 res, however, 1.3812 (previous support, now resistance) would cap upside.
GVI Forex john 09:54 GMT May 26, 2014
Risk On/Off Heat Map
Reply
- Early in European trading, the absence of London is keeping
activity at a low level.
- Yields in prime fixed income markets are generally higher
after weekend parliamentary elections
appeared to be a vote in favor of economic stimulus. steady.
Yields on bonds on the periphery of the Eurozone are sharply lower.
- Equities mostly rallied in the Far East earlier. Open
European bourses are higher. The FTSE is closed. U.S. markets are
closed today.
- The U.S. 10-yr closed at 2.53%, -2bp on Friday.
The heat map color scheme
of interest rates reflects yields. This aligns all the colors in the
chart to reflect risk-on (green) and risk-off(red).
SaaR KaL 09:40 GMT May 26, 2014
Next 24 hrs
i doubt cable goes above 1.6880 over next 24 hrs
week's end tgt lower then 1.6730
maybe as low as 1.6660
SaaR KaL 09:32 GMT May 26, 2014
Next 24 hrs
Reply
Selling EURUSD above 1.3655 till 1.3774
tgt < 1.3544
Hong Kong Qindex 09:09 GMT May 26, 2014
EUR/USD : Current Comments
Reply
EURUSD
Entry: Target: Stop:
EUR/USD : As shown in the monthly cycle directional indicator speculative buying interest will increase when the market is able to trade above 1.3656.
Monthly Cycle Directional Indicator : [1.3296] - 1.3385* - 1.3536 - 1.3614 - [1.3626] - 1.3656 - 1.3744 - 1.3795 - 1.3808 - 1.3870 - [1.4004] - 1.4130
Qindex.com
EUR/USD : Monthly Cycle Charts
manila tom 04:58 GMT May 26, 2014
sell usdcad
Reply
this is a scalp trade: short 1.0867, target 1.0835 stop 1.0891
manila tom 04:55 GMT May 26, 2014
EUR/USD Short Squeeze
ok guys, let's give it a good shot, long 1.3620, 1.3590 and 1.3570 in 1:2:3 allocation, stop below 1.3530, 1st target 1.3790
bali sja 04:47 GMT May 26, 2014
EUR/USD Short Squeeze
agree Zeus, a nice upside is next for euro, let's say to 1.38 from this 1.36!!! shorties run for cover!!!
USA ZEUS 02:26 GMT May 26, 2014
EUR/USD Short Squeeze
Reply
Weak hands about to experience the mother of all short squeezes after the most visible levels and indicators confirmed the obvious....Good luck out there!
Hong Kong AceTrader 02:01 GMT May 26, 2014
AceTrader May 26: Intra-Day Market Moving News and Views EUR/USD NZD/USD
Reply
Intra-Day Market Moving News and Views
25 May 2014 23:09GMT
EUR/USD - 1.3627.. On election results of the European Parliament, Reuters reported earlier Exit polls show surge in support for far right, Euroskeptics in European Parliament election.
Centre-right parties estimated to top European parliament vote with 211 seats out of 751.
Reuters reports according to official projections, centre-right parties are estimated to top European parliament vote with 211 seats out of 751.
Socialists seen in second place with 193 seats, Liberals third with 74,Greens 58, far left 47 n Eurosceptic parties seen winning about 129 seats in European parliament.
Reuters then reported Britain's Eurosceptic UKIP party has won gains in elections to the European Parliament, so far polling more strongly than PM David Cameron's Conservative party n the opposition Labour party, early results showed on Sunday.
With results for 10 out of 73 seats declared, the UK Independence Party, which wants Britain to leave the European Union, had won 4 seats, the opposition Labour party 3 seats, and the Conservatives 3 seats.
25 May 2014 22:57GMT
NZD/USD - 0.8545.. Ratings agency Fitch said New Zealand Subnational ratings still underpinned by institutional framework.
Fitch Ratings says in a newly-published report that the overall strength of the New Zealand institutional framework remains a major positive credit factor for subnationals.
GVI Forex 01:52 GMT May 26, 2014
Agree or Disagree? EURUSD
Draghi speaks 10 AM CET
EU election results due as well
Thin holiday Monday
many more chart points
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