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Forex Forum Archive for 06/11/2014

Pick a date from the header above to view forum postings for that day.
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Brock Thor 23:52 GMT June 11, 2014
Eur/Jpy
Reply   
Wish I sold this pair Monday morning.
Shame on me.
21 ema
25 sma
Perfect all week.
Both above ,all the way down hill.

Deer hunting 4 months away can't wait.

Brock Thor 23:36 GMT June 11, 2014
Agree or Disagree? EURUSD

EURUSD
Entry: Target: Stop:

Opened two short trades yesturday.
Combined + 91 pips.

Reuters-
Further down side likely...
Stops below 1.3503 could see further sharp falls in days ahead.
Any move to 1.36 is low risk chance to get short.
_-------_---------------------

If seen I'll add another short below 1.3503.

syd sf 22:15 GMT June 11, 2014
bot report

correction big figure

1.4390 --> 1.4445/50

syd sf 22:11 GMT June 11, 2014
bot report
Reply   
Bots bought euraud 1.4790 target 1.4845-50

gbp all time frames been bidding 86/87 they are looking for 18/45

eur they have been 28-35 so far - will expire in an hour or so -- looks to me its either a range 25/45 or we break above 45 later to 65/72

GVI Forex john 21:48 GMT June 11, 2014
Calendar -- Daily Forex Data



June 11, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, June 12. Updated: Trading News Events Calendar

HIGH IMPACT NEWS RELEASES: AU- Employment, EZ- Industrial Production. US- Weekly Jobless, Import Prices, Retail Sales, 30-yr auction

  • Far East: AU- Employment.
  • Europe: EZ- Industrial Production.
  • North America: US- Weekly Jobless, Import Prices, Retail Sales, Business Inventories, Natural Gas, 30-yr auction.


GVI Forex Jay Meisler 21:28 GMT June 11, 2014
Reserve Bank of New Zealand June 2014

RBNZ talking down the NZD but bring ignored as its statement more hawkish than expected..

dc CB 21:23 GMT June 11, 2014
The Story everyone is ignoring
Reply   
BAGHDAD — Sunni militants extended their control over parts of northern and western Iraq on Wednesday as Iraqi government forces crumbled in disarray. The militants overran the city of Tikrit, seized facilities in the strategic oil refining town of Baiji, and threatened an important Shiite shrine in Samarra as they moved south toward Baghdad.

Amid the collapse of the Iraqi army in Mosul, Tikrit and other northern cities, questions were raised about the possibility of a conspiracy in the military to deliberately surrender. Witnesses reported some remarkable scenes in Tikrit, where soldiers handed over their weapons and uniforms peacefully to militants who ordinarily would have been expected to kill government soldiers on the spot

Militants Sweeping Toward Baghdad

GVI Forex john 21:00 GMT June 11, 2014
Reserve Bank of New Zealand June 2014
Reply   
June 2014 Reserve Bank of New Zealand





NEWS ALERT
Hikes rates by 25bp to 3.25%, as expected

RELEASE: Reserve Bank of New Zealand


TTN: Live News Special Offer


Direct links to primary data sources

GVI Forex Blog 20:21 GMT June 11, 2014
AUD and NZD
Reply   
A mild dose of risk aversion kept global equities, and the AUD and NZD, in check. Markets took note of the World Bank's 2014 global growth forecast, reduced from 3.2% to 2.8%. Also hurting sentiment was news turmoil in Iraq. The S&P500 is currently down 0.4% and the VIX index, which made a seven-year low last Friday, is higher.

Australia & NZ Morning Thoughts

GVI Forex Jay Meisler 20:17 GMT June 11, 2014
Agree or Disagree? EURUSD

DP, I would assign almost zero probability of making a run at 1.38 this week

As for a Monday Effect, the high for the week was set on Monday so if there is a risk it is on the down not upside.

However, this works best when the market loads up one way at the start of the week and is left to the mercy of the market after mid-week when the price moves away from the Monday high or low.

Let me know if this is clear.

GVI Forex john 20:06 GMT June 11, 2014
EURUSD in buy mood

This is a bear EUR market look at all the RED in the change on the day.




GVI Forex john 19:52 GMT June 11, 2014
Chart Points - Free FX Database
Reply   

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 19:24 GMT June 11, 2014
Chart Points -- Trading Points
Reply   
Pre-Closing...




GVI Forex Blog 19:00 GMT June 11, 2014
Calendar picks up Thursday with Key Aussie and U.S. Data Set. U.K. Jobs Data Beat Street
Reply   
HIGH IMPACT NEWS ITEMS: NZ- RBNZ Decision. AU- Employment, EZ- Industrial Production. US- Weekly Jobless, Import Prices, Retail Sales, 30-yr auction

U.K. jobless data was the highlight of the day, with the latest report coming in stronger than forecast. The GBP has gained on the news. See the FOREX FORUM. for actual data, selected charts, etc.) and comments from experienced traders to events as they happen.

Calendar picks up Thursday with Key Aussie and U.S. Data Set. U.K. Jobs Data Beat Street

prague mark 18:59 GMT June 11, 2014
Agree or Disagree? EURUSD

red,
135 is 34bn so 136 will be hit in 6-8h time frame from now. GL/GT

london red 18:54 GMT June 11, 2014
Agree or Disagree? EURUSD

[email protected] expires tomorrow. we could do the 135 barrier and back up by expiry, its a possibility. taking timing issues into account it means the barrier would need to be done by mid morning london time with an hourly reversal to have a crack at upper 135's by the late afternoon.

dc CB 18:26 GMT June 11, 2014
Risk On/Off Heat Map

the internals where the action was with Indirect demand tumbling from 49.3% to 36.1%, the lowest since May, while Directs were relatively flat at 19.%, down from 21.6%, as Dealers had to pick up their buying and take down some 44.5% of the auction: the most also since May 2013.

Weak 10 Year Auction Prices With 0.9 bp Tail

GVI Forex john 18:03 GMT June 11, 2014
Risk On/Off Heat Map

10yr 2.637%

Kaunas DP 17:57 GMT June 11, 2014
Agree or Disagree? EURUSD

Jay, dont you think eur/usd will show Monday effect this week... UP to 1.3788-1.3798...imho

nw kw 17:05 GMT June 11, 2014
This night

eur/aud in play and jpy to aud for yield
AUD Employment Change
what will eur/aud do to e/u

HK [email protected] 16:57 GMT June 11, 2014
This night
Reply   


This very night, before the rooster crow, 1.3555 should be challenged again!

nw kw 16:54 GMT June 11, 2014
Agree or Disagree? EURUSD

https://www.google.ca/webhp?sourceid=chrome-instant&rlz=1C1CHJX_enCA453CA453&ion=1&espv=2&ie=UTF-8#q=eur+jpy+carry+trade&tbs=qdr:w

GVI Forex Jay Meisler 16:50 GMT June 11, 2014
Agree or Disagree? EURUSD

kw, if those are not your words, pls cite the source

nw kw 16:49 GMT June 11, 2014
Agree or Disagree? EURUSD

The Risk Today:
EURUSD's bullish intraday reversal on 5 June has created a key support at 1.3503. Monitor that level as buying interest has thus far remained weak. Hourly resistances can now be found at 1.3602 (10/06/2014 high) and 1.3677. In the longer term, the break of the long-term rising wedge (see also the support at 1.3673) indicates a clear deterioration of the technical structure. The long-term downside risk implied by the double-top formation is 1.3379. Key supports can be found at 1.3477 (03/02/2014 low) and 1.3296 (07/11/2013 low).

GVI Forex Jay Meisler 16:47 GMT June 11, 2014
Agree or Disagree? EURUSD

One way to look at the market is that the dollar needs to find a bottom vs the cross offset currencies for the EURUSD to bear the brunt of EUR cross selling. Right now it is a little of each (EURUSD soft, offsets pushing the USD down elsewhere).

I call this cross trading 101.

nw kw 16:36 GMT June 11, 2014
Agree or Disagree? EURUSD

JPY-crosses mixed pre-BoJ

EUR/JPY broke its 200-dma (138.72) on the downside given the broad based selling pressures on EUR. Consolidation below the 200-dma should intensify the downside pressures towards 137.98 (May low), then 136.23 (2014 low). Large option barriers trail below 139.00 for today expiry.

Walking into June 12-13th BoJ meeting, traders are likely to turn neutral on JPY-crosses given the risk of a short-term increase in JPY-demand following a status quo announcement (consensus). As mentioned previously, the current capital flows are mostly driven by interest rate differentials and central banks’ policy outlooks. Given the aggressive monetary stimulus in the Euro-zone and liquidity expansionist measures in China, we doubt a pullback in JPY crosses due to BoJ inaction. We will be also seeking reaction from Japan to ECB and PBoC actions. Given the improvement in domestic macro fundamentals, BoJ has no apparent reason to act in June meeting. In fact, Japan released 6.7% growth in GDP (q/q annualized) in the first quarter with significant expansion of 7.6% in business spending (vs. 4.6% exp. & 4.9% last). The domestic corporate good prices advanced 0.3% m/m in May (vs. 0.1% exp. & 2.8% after April’s tax hikes), bringing CGPI to 4.4% y/y (vs. 4.1% expected and last). The sales tax hike has seemingly not hit the corporate price dynamics back to pre-hike levels. The inflation dynamics remain in line with BoJ’s 2.0% target.

e/u fib in play 50% at1.3380/if 1.35 gives out

Paris ib 16:32 GMT June 11, 2014
Agree or Disagree? EURUSD

The bottom line is we wait for the FED. Hawkish FED may get the USD up a bit.

GVI Forex Jay Meisler 16:30 GMT June 11, 2014
Agree or Disagree? EURUSD

So what's the bottom line - is a break below 1.35 inevitable?

I surely hope we don't get stuck 1.35-1.37.

EZ (except Germany) needs a EURUSD at 1.25-1.30 or even 1.20.

nw kw 16:21 GMT June 11, 2014
Agree or Disagree? EURUSD

China signed an energy deal[that's wars are for hier price

HK [email protected] 16:16 GMT June 11, 2014
Risk On/Off Heat Map



If you want to sink a nail into a wood, just bring higher the hammer.

Euro needs a downward momentum, which may be acquired by some price rise first.

Paris ib 16:15 GMT June 11, 2014
Agree or Disagree? EURUSD

Yeah but they don't get that from the U.S., recently Russia and China signed an energy deal. Not in USDs.

nw kw 16:10 GMT June 11, 2014
Agree or Disagree? EURUSD

China and Japan[need]nearly 2.5 trillion of U.S. Government oil and ngas

Paris ib 16:03 GMT June 11, 2014
Agree or Disagree? EURUSD

Correction: China and Japan hold nearly 2.5 trillion of U.S. Government debt between them.

Major Foreign Holders of U.S. Government Debt

nw kw 15:59 GMT June 11, 2014
Agree or Disagree? EURUSD

Aud and Kiwi underpinned by carry trade. RBNZ IR decision tomorrow, with another 25bp rise expected.

The Euro was again under pressure today, giving up last week’s late gains and dragging the other Euro majors lower, with the dollar being the major beneficiary as traders eyed firmer US Treasury yields. The Aud and Kiwi also both performed well as yield players underpinned demand for the carry trade. In the absence of any major data today it could be one of consolidation with the session highlights likely to be the WBC Australian Consumer Confidence and the UK Unemployment data.

EUR/USD: 1.3543
The Euro faced another selloff in early Europe and has now given up most of the gains from last week’s bounce following the ECB easing. Reasons for the move have been pointed at an ECB Board member (Finnish central bank Governor, Liikanen), who noted the impact of a prolonged period of low inflation and reiterated the ECB’s “determination and capacity to act.” Elsewhere leveraged names were noted sellers, on the back of market talk regarding the impact of potential reserve-manager sales of the Euro due to negative deposit rates.

Paris ib 15:59 GMT June 11, 2014
Agree or Disagree? EURUSD

The Japanese and Chinese hold 2 trillion worth of U.S. debt between then. The FED has not financed the deficit by printing money, it has merely manipulated financial markets and weakened the USD. When we look back we will wonder why the FED chose to threaten the USD status as an international reserve currency. A country relying on foreign capital inflows can not do what a country like Japan did. Japan was a capital exporter and did not need or want foreign capital inflows. The U.S. is not in the same position. How they missed that crucial point is beyond me.

GVI Forex john 15:59 GMT June 11, 2014
Risk On/Off Heat Map

The basis of our risk-on / risk-off analysis is evolving , I used to look at the US, DE, FR, CH as a bloc but the economic divergence between the EZ and the rest of the world has changed because the US and UK are growing and the focus of the EZ is internal. Their "prime" credits are weakening vs. the EZ periphery due to ECB policy.

It is ECB policy to weaken the EUR to provide an economic stimulus to the struggling economies.

Any thoughts on how we all must adjust our trading strategies to new realities?

HK [email protected] 15:59 GMT June 11, 2014
Agree or Disagree? EURUSD



Most of all no Euro funds parking in GOLD, where the FED Banksters; JP and Sachsy are waiting to diminish it's value, hehehe

GVI Forex Jay Meisler 15:54 GMT June 11, 2014
Agree or Disagree? EURUSD

Deficit has been financed by the Fed orienting money

Longer-term, a key is whether the US gets an energy policy that leads to self sufficiency.

This would change the market dynamic.

Paris ib 15:51 GMT June 11, 2014
Agree or Disagree? EURUSD

The market is long USD/JPY because the universal call has been 'flood of money' and - of course - USD/JPY to 110...... and it's not happening. Unfortunately I think the USD brand has been damaged. The FED has a credibility issue, plus the reliance on foreign capital and a war mongering foreign policy means that the USD is not attracting long term capital inflows. What you got is a chronic trade deficit, a current account deficit and an absolutely unbelievable Government debt which is financed to a large extent by foreign capital. That puts the U.S. in a very delicate position.

nw kw 15:51 GMT June 11, 2014
Agree or Disagree? EURUSD

The GDP of the EU is about $12 trillion, the largest in the world in purchase power parity terms.

The Euro is the second most important currency in the world. Many traders regard it as a future alternative to the US dollar, and while the dollar losing the main advantages of its dominant status is unlikely any time soon, it is true that the Euro has greatest potential becoming the new global currency over the longer term.

Trends in the Euro are mostly determined by speculative flows, central bank behavior (especially that of the Chinese, Russian, and Middle Eastern central banks), risk sentiment, and general market dynamics. Trends in the Euro often correlate well stock or commodity market trends. When prices of raw materials rise, much of the earnings of raw materials exporters are channeled to the Euro for diversification purposes.

looking for e/y carry trade price

prague viktor 15:51 GMT June 11, 2014
Agree or Disagree? EURUSD

1,4

GVI Forex Jay Meisler 15:49 GMT June 11, 2014
Agree or Disagree? EURUSD

I do agree on the sanctions as they can only strengthen the desire of reserve managers to continue diversifying. In other times EURUSD would already be on a steamroll for 1.30.

GVI Forex john 15:49 GMT June 11, 2014
Risk On/Off Heat Map


  • Markets have moved into a clear risk-off posture. Note all the red (oil price worries?) late in Europe.
  • Yields in European fixed income markets continue to converge. German yields are down  while yields on the periphery are mixed. This comes as a result of the targeted ECB policy ease last week.
  • U.K. yields are lower  in line with the U.S. The U.S. 10-yr is 2.62%, +2bp as equities fall.
  • Equities closed mixed in the Far East earlier. Bourses in Europe are lower. U.S. share futures are lower.

    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).


GVI Forex Jay Meisler 15:44 GMT June 11, 2014
Agree or Disagree? EURUSD

JPY is trading like this because the market is short, underwater and hoping for a BoJ lifesaver (i.e. more QE), which has not been forthcoming.

Paris ib 15:42 GMT June 11, 2014
Agree or Disagree? EURUSD

Jay I think USD/JPY is more important and where real flows show up. Europe does not want a flood of hot money, France wants a weaker Euro but the problem is that the USD is a risk.

HK [email protected] 15:40 GMT June 11, 2014
Agree or Disagree? EURUSD



After what the US has been cooking in Ukraine, sparking a new Cold War, thus making themselves so unlovable in Europe...

Maybe depositors would like to have a break from them(US), especially those who are at risk of their money... frozen/confiscated by the great moral police and defender of human rights of the universe. .

GVI Forex Jay Meisler 15:39 GMT June 11, 2014
Agree or Disagree? EURUSD

You would think the EUR is going up as there are still more talking it up here than talking it down. ECB wants a lower EURUSD but market is following the path of least resistance via its crosses.

If I ran a poll, what comes next 1.30 or 1.40, how many would say 1.30? How many 1.40? How many neither?

GVI Forex Blog 15:36 GMT June 11, 2014
Global Markets News
Reply   
Today investors are consolidating gains that pushed European and US indices out to all-time highs over recent sessions. European indices are looking to close near their lows and US indices are seeing modest declines

TradeTheNews.com US Market Update: Consolidation and Low Volumes Drive European and US Indices Lower

Paris ib 15:34 GMT June 11, 2014
Agree or Disagree? EURUSD

Maybe the could get U.S. companies to repatriate profits. That might work. Foreigners aren't keen to take a risk on what looks like an increasingly unpredictable and unreliable administration.

Paris ib 15:31 GMT June 11, 2014
Agree or Disagree? EURUSD

There is no special new reason to sell Euros. The modest changes to interest rates made by the ECB is not really that big of a deal. The Yanks keep on coming up with all these exciting new reasons why money will start flooding into their currency and their country. The wall of money.... which never happened. It sounds a lot like wishful thinking. They need to get their house in order and stop relying on foreign capital inflows.

London Misha 15:13 GMT June 11, 2014
Observations
Reply   
EURUSD - 3rd Black Crow & close below Long MA. Nearing NFP low, Double Top target & key 50% Fib at 1.3489 on Daily Chart.
USDJPY - Possible Bearish Engulfing Pattern follows Indecisive Spinning Top on Daily Chart. Still above Medium MA.
GBPUSD - Possible Bearish Engulfing Pattern follows Indecisive Doji Cross on Daily Chart.
USDCHF - 3rd White Soldier on Daily & closes over Long MA on Daily Chart!
EURGBP - Bullish Hammer with new 2014 low but today makes another new 2014 low on Daily Chart!
AUDUSD - 1st close over Oct13-to-date Downtrend on Daily Chart. Nearing 2014 high!
USDINR - Bearish Inverted Hammer follows Bullish Hammer on Daily Chart & over Upper Tine of recent AP resistance.
USDZAR - 2nd White Soldier follows on to Tweezer Bottom & 1st close over Medium MA, all on Daily Chart.
USDBRL - 4th Black Crow on Daily Chart as continues rejection of Upper Band resistance 2.2898-2.3005. Nearing Lower Band support 2.2027-2.1935.



HK [email protected] 15:09 GMT June 11, 2014
Agree or Disagree? EURUSD



Since the Americans have proven themselves dishonest when it came to the return of the German gold, I suspect that some will prefer parking their Euro in GBP, or near home in Swiss Frank.

SaaR KaL 14:33 GMT June 11, 2014
Day's Trades

War day Really
Betwen LongTermers and ShortTermers

GVI Forex john 14:33 GMT June 11, 2014
US EIA Weekly Inventories
Reply   



NEWS ALERT
Crude Oil: -2.600 vs. -2.000 exp vs. -3.400 prev.
Gasoline: +1.700 vs. +0.500 exp vs. -0.210 prev.
Distillates: +0.860 vs. -1.000 exp vs. +2.000 prev.
Cap/Util: 87.9% vs. 90.90% exp vs. 90.80% prev.
Weekly Petroleum Status Report




TTN: Live News Special Offer

GVI Forex john 14:14 GMT June 11, 2014
Agree or Disagree? EURUSD

Hearing the ECB rate cut has finally started to hit the repo market today. This means that European banks are in search of new places to park their excess EUR funds. There are not a lot of choices. One home may be USD liquid short term-assets. This would generate demand for the USD vs the EUR (EURUSD selling).

We don't know as of this time how much will be flowing into the USD, but this could mark a significant change in the dynamics of the forex market in favor of the USD. So keep alert!

GVI Forex Jay Meisler 14:11 GMT June 11, 2014
Jay Meisler's Trading Tips
Reply   
As a Global Traders Association (GTA) member, you get access to my trading tips, which is a dynamic page updated periodically. For those who are members, I suggest reading the one about when to fade corrections as it gave a good clue for how to handle today's retracement attempt.

For those who are not members, I encourage you to join our worthwhile association. membership is free.

Jay Meisler's Trading Tips

GVI Forex Jay Meisler 14:04 GMT June 11, 2014
Agree or Disagree? EURUSD

As posted on GVI Forex

Wednesday's Trading Outlook
GVI Forex Jay Meisler 13:31 GMT 06/11/2014 - My Profile
Retail sales tomorrow should be supportive as well as FOMC meeting next week so this suggests a limit on the USD downside, at least vs the EUR.

Question is whether the market can run stops as except for the post-ECB meeting whipsaw, retracement attempts have been tepid and never got any steam.

Right now 1.3550 pivotal (sets the tone) as market takes a step back.

GVI Forex Blog 13:52 GMT June 11, 2014 Reply   
June 11, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, June 12. Updated: Trading News Events Calendar HIGH IMPACT NEWS RELEASES: NZ- RBNZ Decision. AU- Employment, EZ- Industrial Production. US- Weekly Jobless, Import Prices, Retail Sales, 30-yr auction Far East: NZ- RBNZ Decision. AU- Employment. Europe: EZ- Industrial Production. North America: US- Weekly Jobless, Import Prices, Retail Sales, Business Inventories, Natural Gas, 30-yr auction.

GVI Forex Data Outlook for May 12, 2014

GVI Forex john 13:50 GMT June 11, 2014
Calendar -- Daily Forex Data
Reply   


June 11, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, June 12. Updated: Trading News Events Calendar

HIGH IMPACT NEWS RELEASES: NZ- RBNZ Decision. AU- Employment, EZ- Industrial Production. US- Weekly Jobless, Import Prices, Retail Sales, 30-yr auction

  • Far East: NZ- RBNZ Decision. AU- Employment.
  • Europe: EZ- Industrial Production.
  • North America: US- Weekly Jobless, Import Prices, Retail Sales, Business Inventories, Natural Gas, 30-yr auction.


GVI Forex Jay Meisler 13:21 GMT June 11, 2014
Agree or Disagree? EURUSD

RF, great minds think alike!

Cape Town LV 13:20 GMT June 11, 2014
Agree or Disagree? EURUSD

I am still hanging onto my long at 1.3535 - here in Cape Town :)

HK [email protected] 13:19 GMT June 11, 2014
Agree or Disagree? EURUSD


GVI Forex Jay Meisler 12:56

Euro may have doubled bottomed.
HK [email protected] 09:43 GMT 06/11/2014

...............................

SaaR KaL 13:10 GMT June 11, 2014
Day's Trades

EURUSD Longs
From 1.3423 to 1.3390
In place

Livingston nh 13:07 GMT June 11, 2014
Poloz to the Rescue ?

hi AL -
I'm not a bear yet and 2135 spx looks ok but I'm looking for a shakeout (probably based on FI adjustment)
so
1. 1720 to 1740 test of winter low (standard 10% correction) should be enough
2. Like a summer 2011 move - say below 1650 - would likely take too much out if it stretched past Labor Day - the top would likely be 2035-2055
3. Bull market has about another 10 months (business cycle turns late Q3 2015)
4. an overbought market is one that runs out of money and is populated by Joe Granville's bagholders

SaaR KaL 12:58 GMT June 11, 2014
Day's Trades

Cable Longs
At 1.6680 to 1.6645
are in for tgt
1.68 area

GVI Forex Jay Meisler 12:56 GMT June 11, 2014
Agree or Disagree? EURUSD

EURUSD one hour currently showing a double to around 1.3557 and double bottom around 1.3521

GVI Forex john 12:19 GMT June 11, 2014
Risk On/Off Heat Map

Something to start to think about is the Fed policy decision in one week's time. The bias of sentiment of the markets is in the direction of a less dovish Fed tone. Already there was chatter yesterday the Fed could speed of the pace of its "taper" and exit over the next three meetings by even cuts of $15bln

fwiw the July 2015 Fed Funds futures imply a 92% odds of a 25bp rate hike by that time (almost exactly one year from now). Following the last FOMC meeting, the odds were less than 50-50. Increasing odds of a Fed tightening is a USD positive especially when ECB policy is headed in the opposite direction for the next couple of years.

GVI Forex john 11:56 GMT June 11, 2014
EURUSD in buy mood

EUR Heat MAP changes on the day see RED almost everywhere and EURUSD is just barely in the green. Although broadly weak, the EUR is off its lows of the day.





GVI Forex john 11:47 GMT June 11, 2014
Agree or Disagree? USDJPY
Reply   
the USDJPY to S&P correlation is working fabulously. My overlay chart suggests that its the S&P futures that currently is in the leadership role. I'm not sure but interest rates are suggesting risk on, but equities are saying risk off. Usually I would say that equities trump shares.

Cape Town LV 11:25 GMT June 11, 2014
EURUSD in buy mood

Buy from 1.3535

Cape Town LV 11:23 GMT June 11, 2014
EURUSD in buy mood

I will NOT complain if the Eur stays in Buy mode from here onwards for a while

Cape Town LV 11:16 GMT June 11, 2014
EURUSD in buy mood

Uhmm Cape Town is also a place :(

Cape Town LV 11:13 GMT June 11, 2014
EURUSD in buy mood

HK [email protected] 11:11 GMT 06/11/2014


Thank you Cape Town; Now I know that Amman is a place!!!
-----------------------------------------------------
I am so sorry, lol. It is just confusing to mywerid mind to talk to a place and asking a place for levels and to mail you.

HK [email protected] 11:11 GMT June 11, 2014
EURUSD in buy mood



Thank you Cape Town; Now I know that Amman is a place!!!

Mtl JP 11:09 GMT June 11, 2014
Global Markets News

The Royal Bank says most of Canada will experience stronger economic growth this year and next

GVI Forex Jay Meisler 11:03 GMT June 11, 2014
Agree or Disagree? EURUSD

It looks like market does not have the punch to go after 1.35 (assuming it is being defended, I also read chatter of sovereign bids) as focus on EUR crosses more than vs. the USD but risk stays on this level unless 1.3550+ is regained.

Mtl JP 10:59 GMT June 11, 2014
Global Markets News

World Bank cut its forecast for global economic growth this year to 2.8 per cent from the 3.2 per cent it forecast in January.

Mtl JP 10:26 GMT June 11, 2014
Day's Trades

low job growth, low quality jobs... finally

a somewhat of a public finger pointing:

Middle Class Jobs Are Disappearing And The Fed Is The Culprit - forbes

GVI Forex Blog 10:10 GMT June 11, 2014
Global Markets News
Reply   
The GBP received a small boost as the UK employment picture continues its improvement; Jobless Claims Change registered its 19 straight months of improvement with Claimant Count Rate the lowest level since Jan 2009. However, the April wage data highlighted the BOE concern over slack in the economy.

TradeTheNews.com EU Market Update: UK employment picture continues its improvement

Cape Town LV 10:06 GMT June 11, 2014
EURUSD in buy mood

Amman cannot email you because it is a place :)

GVI Forex Jay Meisler 10:01 GMT June 11, 2014
EURUSD in buy mood

Amman please email me

GVI Forex Jay Meisler 10:00 GMT June 11, 2014
EURUSD in buy mood

Please do not solicit on the forex forum.

You can reach Amman by sending me an email at [email protected] and I will forward it

ge peip 09:50 GMT June 11, 2014
EURUSD in buy mood

Amman wfakhoury 07:27 GMT 06/11/2014
Mr Shamri from Saudia subcribed in SMS service since 20 May
he made 2000$ profit from 5000 equity.

could you please tell how to subscribe

HK [email protected] 09:43 GMT June 11, 2014
Euro may have doubled bottomed.



A breach of 1.3555, essential for temporary arresting the downward move.

Stabilize first... then later: 1.3589.

Amman wfakhoury 09:41 GMT June 11, 2014
EURUSD in buy mood

Cape Town LV 09:25 GMT 06/11/2014
_____________________________-
Thks DR.

SaaR KaL 09:40 GMT June 11, 2014
Day's Trades

GBPCAD crashes today to
1.8170

HK [email protected] 09:35 GMT June 11, 2014
Euro may have doubled bottomed.
Reply   


Probably fire and confusion in bear's camp soon(?).

SaaR KaL 09:28 GMT June 11, 2014
Day's Trades

AUDUSD 0.9427 is tops
for TGT 0.934 late US session

Cape Town LV 09:25 GMT June 11, 2014
EURUSD in buy mood

Amman wfakhoury 07:27 GMT 06/11/2014
Mr Shamri from Saudia subcribed in SMS service since 20 May
he made 2000$ profit from 5000 equity.
--------------------------------------------------------------------------
I can totally believe that

SaaR KaL 09:24 GMT June 11, 2014
Day's Trades

EURGBP
0.8050 to 0.8040
Longs seems OK for 0.8090 us mid session

SaaR KaL 09:21 GMT June 11, 2014
Day's Trades

still short cable
tgt <1.67
Longing ROUND 1.6670 to even 1.6620 in us session
if any time decision for longs
would be after lunch NY
GL to all

GVI Forex Blog 09:06 GMT June 11, 2014
U.K. Employment data better than expected. U.S. 10-yr Auction Later
Reply   
HIGH IMPACT NEWS ITEMS: US- 10-yr auction

U.K. jobless data have been the highlight of the data, with the latest report coming in stronger than forecast. The GBP has gained on the news. See the FOREX FORUM. for actual data, selected charts, etc.) and comments from experienced traders to events as they happen.

U.K. Employment data better than expected. U.S. 10-yr Auction Later

GVI Forex john 08:59 GMT June 11, 2014
Risk On/Off Heat Map
Reply   


  • Markets continue to have a mild, but mixed risk on posture early in Europe.
  • Yields in European fixed income markets continue to converge. German yields are up while yields on the periphery are mixed. This comes as a result of the targeted ECB policy ease last week.
  • U.K. yields are higher in line with The U.S. The U.S. 10-yr is 2.66%, +2bp.
  • Equities closed mixed in the Far East earlier. Bourses in Europe are mostly lower. U.S. share futures are lower.

    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 08:55 GMT June 11, 2014
Day's Trades

Red
I am with you bro
:)

london red 08:49 GMT June 11, 2014
Day's Trades

see it lower from here kaal. short at 90 with atop above 15/20 should work for return to pre data levels.

SaaR KaL 08:44 GMT June 11, 2014
Day's Trades

Red
I know...tough call
But i see 1.67ish area today
You know making calls for the day harder then anything Red... you been around
:)
GL

GVI Forex john 08:39 GMT June 11, 2014
April/May 2014 U.K. Employment Data

U.K. Claimant Count Unemployment falls by more than expected. 6.60% unemployment remains below previous 7.0% Carney target to consider raising rates.(Note: A declining Claimant Count is stronger and vice-versa.)

GVI Forex john 08:36 GMT June 11, 2014
April/May 2014 U.K. Employment Data

U.K. unemployment data better than forecast. GBP higher.

london red 08:34 GMT June 11, 2014
Day's Trades

numbers indicate low quality job growth still. rate decreases but earnings well under f/c. i suspect cable will lose those gains. 16790 should cap.

GVI Forex john 08:33 GMT June 11, 2014
April/May 2014 U.K. Employment Data
Reply   




-- NEWS ALERT --

Claimant Count (000) : -27.4 vs. -25.0 exp. vs. -25.1 (-28.4) prev.
ILO Unemployment: 6.60% vs. 6.70% exp. vs. 6.80% prev.
Average Earnings: +0.90% vs. +1.20% exp. vs. -1.30% prev.


TTN: Live News Special Offer

SaaR KaL 08:32 GMT June 11, 2014
Day's Trades

It is going to be complicated today

london red 08:23 GMT June 11, 2014
Day's Trades

although price action may not suggest so, market is anticipating a good bunch of numbers from the UK jobs market shortly. employment components of PMI are at multiyear highs so employment should increase. the key here will be earnings which are expected to have dipped after bonus season drops out. however, anything higher than anticipated and cable will firm rapidly.
eurgbp barrier at 8050.

HK [email protected] 08:09 GMT June 11, 2014
EURUSD in buy mood



Amman

So you still suggest your level(1.3588) will be reached from here, or 1.3450 will be first seen?

SaaR KaL 07:58 GMT June 11, 2014
Day's Trades

NZDUSD
Let me repost
I am Sorry

Now It is Bullish for 0.8590
But I want to short it there Near US Open
tgt 0.8490 at US close
heheh

SaaR KaL 07:54 GMT June 11, 2014
Day's Trades

Corre
9 should read 8
Sorry about that

SaaR KaL 07:53 GMT June 11, 2014
Day's Trades

NZDUSD
will short around US Open
0.9490
tgt 0.8470 US Close
IMO Bullish Now Into 0.9490

SaaR KaL 07:47 GMT June 11, 2014
Day's Trades

EURUSD
Shorts Every 5 pips
till 1.3550
Better short then Cable

SaaR KaL 07:40 GMT June 11, 2014
Day's Trades

USDCHF Longs till .8980
tgt > 0.9040

SaaR KaL 07:35 GMT June 11, 2014
Day's Trades

US Open P.I Range
1.3511 to 1.3460
for EURUSD

SaaR KaL 07:32 GMT June 11, 2014
Day's Trades

SHort GBPNZD
Short GBPJPY
till us open

Amman wfakhoury 07:27 GMT June 11, 2014
EURUSD in buy mood
Reply   
Mr Shamri from Saudia subcribed in SMS service since 20 May
he made 2000$ profit from 5000 equity.

SaaR KaL 07:26 GMT June 11, 2014
Agree or Disagree? EURUSD

Amman
is where Forky lives
In Jordon

CapeTown LV 07:20 GMT June 11, 2014
Agree or Disagree? EURUSD

HK [email protected] 07:04 GMT 06/11/2014

----------------------------------------
I think Amman is a place?

HK [email protected] 07:13 GMT June 11, 2014
Emirates cancels order for 70 Airbus A350s
Reply   


Dubai's Emirates Airline has cancelled an order for 70 of Airbus's A350 wide-bodied aircraft, the planemaker says.

Airbus said the cancellation had followed "ongoing discussions with the airline in light of their fleet requirement review".

In 2007, Emirates placed 50 orders for the A350-900 and 20 for the A350-1000, with deliveries due from 2019.

UK engine maker Rolls-Royce said the cancellation would lead to a £2.6bn hit to its order book.

HK [email protected] 07:04 GMT June 11, 2014
Agree or Disagree? EURUSD



Kal

According to your suggested levels you may have begun to short Euro too.

Or maybe you wait for 1.3588 suggested by Amman?

Could not be excluded, as most Spec. are now short heavy on Euro.

SaaR KaL 06:59 GMT June 11, 2014
Agree or Disagree? EURUSD

RF
LOL...I agree totally

I am starting to short Cable
DOn think will go higher then 1.6780
tgt 1.6700

HK [email protected] 06:27 GMT June 11, 2014
Agree or Disagree? EURUSD



Credit? Who needs credit? Pfff, you mean cash deposits into their secret Swiss bank accounts?

SaaR KaL 06:06 GMT June 11, 2014
Agree or Disagree? EURUSD

Maybe good traders tell them when to talk.. ;)
SO they get credit for being in control

HK [email protected] 05:41 GMT June 11, 2014
Agree or Disagree? EURUSD



Kal

It has already happened in the past and not only once.

SaaR KaL 05:28 GMT June 11, 2014
Agree or Disagree? EURUSD

RF
I think that is way over rating Politicians / Bankers
I do not think that is true

HK [email protected] 05:26 GMT June 11, 2014
Agree or Disagree? EURUSD



Usually all what it takes, is banks sending a politician or a top banker to open his mouth, and a rally begins.

This usually happens after bankers have already loaded position up to their teeth.

bali sja 05:16 GMT June 11, 2014
Agree or Disagree? EURUSD

hoahmm, all it takes is one sharp snap back rally.....meanwhile enjoy the range

GVI Forex Blog 05:03 GMT June 11, 2014 Reply   
(AU) AUSTRALIA JUN WESTPAC CONSUMER CONFERENCE INDEX: 93.2 V 92.9 PRIOR; M/M: +0.2% V -6.8% PRIOR - (AU) Australia ANZ Roy Morgan Weekly Consumer Confidence: 102.2 v 102.2 prior - (NZ) NEW ZEALAND MA

TradeTheNews.com Asian Market Update: World Bank slashes Global, China, and US GDP outlook for 2014; House Speaker Cantor loses his primary - Source TradeTheNews.com

GVI Forex Blog 03:30 GMT June 11, 2014 Reply   
The price action in Dow (16945.92, +0.02%) is somewhat reminiscent of the September 2012

Morning Briefing : 11-Jun-2014 -0329 GMT

SaaR KaL 03:11 GMT June 11, 2014
Day's Trades
Reply   
EURUSD
Asia Session Into US Open
Will short again with spikes
tops 1.3550
tgt US Open 1.3450ish

Expted range for US Close
1.3569 1.3496
Gl

Hong Kong AceTrader 02:39 GMT June 11, 2014
AceTrader Jun 11: Intra-Day Market Moving News & Views & data to be released today
Reply   


Intra-Day Market Moving News and Views EUR/JPY & USD/JPY

11 Jun 2014 02:16GMT

EUR/USD - 1.3525 ... The single currency fell sharply from 1.3602 to 1.3543 yesterday and then 1.3524 in Asian morning today due to active cross selling in euro especially versus the Japanese yen (eur/jpy fell fm 139.43 to 138.46 n then 138.37 today). Offers are now tipped at 1.3545-60 n more at 1.3580. On the downside, stops at 1.3520 n 1.3500 are now in focus.

Bloomberg news reported y'day after a meeting hosted by Swedish Prime Minister Fredrik Reinfeldt at his country residence in Harpsund, German Chancellor Angela Merkel and U.K. Prime Minister David Cameron were still at loggerheads over the candidacy of Jean-Claude Juncker to head the European Commission. Merkel urged her fellow leaders to proceed in the "European spirit" to enable compromise. EU President Herman Van Rompuy signaled the choice of the next commission president will be part of a package of appointments to high European posts, increasing the scope for a negotiated deal with the U.K.

11 Jun 2014 01:50GMT

USD/JPY - 102.34 ... The greenback fell to 102.21 y'day due to active cross buying in Japanese yen on the selloff in Nikkei-225 index together with speculation that the Bank of Japan will refrain from expanding stimulus at a policy meeting this week. Offers are now tipped at 102.45-50 n more at 102.60 whilst mixture of bids n stops is located at 102.20 with more stops seen below 102.10 n 102.00.

BOJ Governor Haruhiko Kuroda will speak at a press conference following the central bank decision on June 13. A survey by Bloomberg polled June 3 to 6 showed that 9% of the economists expect additional monetary stimulus in July, down from 38% in the previous survey.


Data to be released on Wednesday:

Australia Westpac consumer confidence, U.K. average weekly earnings, claimant count unemployment change, ILO unemployment rate, U.S. Federal budget

GVI Forex Jay Meisler 01:11 GMT June 11, 2014
Agree or Disagree? EURUSD

SF hard to be bullish... even if 1.35 holds for now which is clearly at risk

syd sf 00:32 GMT June 11, 2014
Agree or Disagree? EURUSD

it is hard to be too bearish when your on the bid buying back short positions -- also 1.3500 supported a rally to 1.3670 - so more price action would be needed to show that level has some chance to break.

also aud nzd cad are not showing any USD Strength -- and gbp may fall some more today down to 1.6710/15 -- but it too hardly inspires a huge run into USD.

overall its a eurusd cross driven market - but how far can that go on its own.

Sure you have a point in that people who bought yesterday are probably a little nervous .. but anyway that's what makes a market -- someone has to sell the lows and buy the highs - they don't make themselves.

GVI Forex Jay Meisler 00:30 GMT June 11, 2014
Agree or Disagree? EURUSD

,1.3475 - you saw my targets in my outlook video

Mtl JP 00:22 GMT June 11, 2014
Agree or Disagree? EURUSD

almost everyone is currently targeting 1.3477

Livingston nh 00:06 GMT June 11, 2014
Risk On/Off Heat Map

John - maybe just change the mix - still concern about MBS market but Treasuries could be speeded up and MBS extended// big issue is what goes next? rates up or reinvestment

Flyin' by the seat of their pants

GVI Forex Jay Meisler 00:03 GMT June 11, 2014
Jay Meisler's Trading Tips

JP, it can be found on GTA

GVI Forex Jay Meisler 00:00 GMT June 11, 2014
Agree or Disagree? EURUSD

Interesting that there have not been many bear EURUSD calls here despite the downside risk.

If you would like to see a preview of my Wednesday outlook video send me an email [email protected]

 




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GVI Trading. Potential Price Risk Scale
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