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Forex Forum Archive for 06/27/2014

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Dillon AL 23:56 GMT June 27, 2014
Canadian dollar holds gains after inflation shock



Hesham.
From GVI archive: Dillon AL 16:52 GMT June 26, 2014

dc CB 19:57 GMT June 27, 2014
STOX

Da Boys at work

VIX Jam

Montreal Hesham 19:55 GMT June 27, 2014
Canadian dollar holds gains after inflation shock

Closed now the sell position

Flat for now
I am thinking for building medium term long position but I am waiting for clear reverse signal. I think it will be next week.Let us see

happy week end for you all

GVI Forex john 19:52 GMT June 27, 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 19:47 GMT June 27, 2014
Commitment of Traders Report

Note EURUSD longs were already increasing as of last Tuesday...

GVI Forex Jay Meisler 19:43 GMT June 27, 2014
Agree or Disagree? EURUSD

6 day pattern trading around 1.36 broken today - Jay's trading 101

Livingston nh 19:20 GMT June 27, 2014
STOX

Today is merely the penultimate trade for rebalance -- Monday morning may tell the tale // the Fed is likely to be hoisted on its own petard (core PCE) over the summer -- some folks point to the health care spending (Obama care) as a factor in GDP 1Q14 -- CPI and PCE factor such spending at different weights and rates -- if you believe that a massive influx of new health care beneficiaries will use less resources and/or reduce costs you are not likely to be an insurance company actuary // whatever you believe inflation is today you must think that the Fed will move at least 8 times to get even w/ current rate -- and that's why the 2 yr is being treated like Typhoid Mary's sweatsocks

dc CB 18:45 GMT June 27, 2014
JY Futures a dangerous place to trade
Reply   
recall Wed on the release of the US GDP, I noted that I watched JY futures rocket from 9818 to 9956 in less that 1 min and then closed that min bar at 9828.

Well here's NANEX's look at what happened....in charts
++++++++++++++++++++++++++++++++++++++++++++++

Via Nanex,

Trading in Japanese Yen futures had two notable events within a 34 hour period. The first event was a trading halt after release of the U.S. GDP at 8:30 AM (EDT) on June 25, 2014: it was the only instrument in the world that we know of which halted then. The second event was extreme volatility during the opening of the next day's session at 18:00 on June 26, 2014.

Carry Chaos - The Very Visible Hand In Yen Futures

GVI Forex john 18:36 GMT June 27, 2014
Agree or Disagree? EURUSD

EURUSD holding above its 1.3592 20-day moving average. At some point it looses its market impact. Its sort of a support line. Nevertheless, it is logical that there has not been much interest at current levels in recent days.

dc CB 18:06 GMT June 27, 2014
STOX

will the 2:15 BOOOOONUS Express run today.

seems futures are front running it now

dc CB 18:04 GMT June 27, 2014
Risk On/Off Heat Map

As Barclays' Joe Abate warns, delivery fails in the Treasury market have surged recently. While not at the scale of the 2008 crisis yet, we suspect the spike is what is panicking the Fed to say "the market is wrong", talk up short-end rates, and implore the public to sell-sell-sell their bonds. The Fed's market domination has meant massive collateral shortages (as we have detailed previously) and now more even that during last year's taper-tantrum, the repo market is trouble.

The fails are greater than during last year's taper tantrum.

The Panic Behind The Propaganda: Why The Fed Wants You To Sell Your Bonds

Livingston nh 18:00 GMT June 27, 2014
Agree or Disagree? EURUSD

red- in terms of the EUR/USD the ECB is finished until a rate HIKE comes on the radar screen -- the risk is the fiscal side (at least the ECB is a unified structure) of the EUR countries // if inflation ticks up in Germany it will sideline any ECB action but totally screw the periphery/core relationship - austerity is DOOMED

GVI Forex john 17:39 GMT June 27, 2014
Risk On/Off Heat Map

10-yr 2.534%

london red 17:35 GMT June 27, 2014
Agree or Disagree? EURUSD

nh, state inflation then national inflation out of germany gave us a hint that those looking for lower hcpi on monday will be disappointed. into monday there is no reason to be short euro, especially given the feds stance. but that doesnt mean we cant do stops and come back by end of the week.

Livingston nh 17:23 GMT June 27, 2014
STOX

Starting to see divergences in big/small cap index - a bit early but Friday summer -- note the TAPER is past the point of no return (all of the remaining months will not equal one month 85 bio of a yr ago)

GVI Forex john 17:19 GMT June 27, 2014
Weekly Trading Planner
Reply   
Monday June 30, 2014
JP Ind Out Mayp yy
DE RetSls Key consumer data
EZ flash HICP  Critical for ECB Decision
US Pending Homes  Predictor of Existing Homes Sales

Tuesday July 1, 2014
JP Tankan (large Mfg)  Top Business Survey
CN NBS PMI  Current Economic Measure
CN HSBC final PMI  Current Economic Measure
AU Australia Reserve Bank  No Change seen
DE unem Kchg & unempl rate  Key Jobs  Measure
DE MFG PMI final  Current Economic Measure
EZ MFG PMI final  Current Economic Measure
GB MFG PMI  Current Economic Measure
CA RBC-Markit PMI Current Economic Measure
US MKT MFG PMI final Current Economic Measure
US ISM MFG PMI Current Economic Measure

Wednesday July 2, 2014
US ADP Jobs Uneven Predictor of Non-Farm Payrolls
FRB Yellen Key Speech

Thursday July 3, 2014
AU Retail Sales
DE SVC PMI final Current Economic Measure
EZ SVC PMI final Current Economic Measure
GB SVC PMI Current Economic Measure
EZ Europe Cntl Bank Rates Seem Steady
US Initial Claims & Cont Claims Current View
US Payrolls % Jobless %  Key Measure of Growth
US Markit SVC PMI final Current Economic Measure
US ISM SVC PMI Current Economic Measure

Friday July 4, 2014
US Holiday

nw kw 17:07 GMT June 27, 2014
eurgbp

did see some are looking for 200.pip retrace to enter for year end to cash out

Livingston nh 17:06 GMT June 27, 2014
Agree or Disagree? EURUSD

EUR/USD making another assault on the daily 144 ema (1.3652) - been below for over a month after providing l/t support

Mtl JP 16:43 GMT June 27, 2014
Daring the Devil
Reply   
Buy EURCHF
Entry: current 1.2155-ish Target: 1.2180 Stop: sub 1.2142

for a small risk

GVI Forex Blog 16:30 GMT June 27, 2014
Week Ahead
Reply   
•ECB policy debate more nuanced as inflation drifts upwards

•US payrolls to post a solid rise in June

•UK PMIs to soften a touch, but remain consistent with solid growth in Q2

ECONOMIC DATA ANALYSIS - •ECB policy debate more nuanced as inflation drifts upwards

London 15:59 GMT June 27, 2014
Dow jones bull market
Reply   
The next major low could be a great buy opportunity:

http://tradermc.com/articles/dow-jones-secular-bull-market-projection/

GVI Forex john 15:43 GMT June 27, 2014
Risk On/Off Heat Map


  • Markets remain  in a mixed risk-on posturelate in Europe today  Most traders headed  into the half-yearend cautiously.
  • Yields in prime Eurozone fixed income markets are higher. Yields on the European periphery have turned mixed.
  • U.K. gilt  yields are steady.  The BOE consistently has rejected  the risk of a sharp policy tightening. We see a +25bp BOE rate hike by yearend.
  • U.S. yields remain low. The U.S. 10-yr is 2.52%, -2 bp.
  • Equities closed mostly lower in the Far East. Bourses in Europe are ending mostly up. U.S. shares are mixed.

    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 Blog 15:39 GMT June 27, 2014
Global Markets News
Reply   
US session trading has been very quiet this morning, with volumes well below average. Note that the annual rebalancing of the Russell small-cap indices is implemented today after the close

TradeTheNews.com US Market Update: Tepid Friday Trading

Mtl JP 15:38 GMT June 27, 2014
Cracks

dc CB / thanks for the diversion. maybe you meant crooks and not cracks ?

Corinthian says the economic recovery has reduced enrollment... as the consumer bureau’s director, Richard Cordray said: “This is truly an American tragedy”

london red 15:36 GMT June 27, 2014
eurgbp
Reply   
eurgbp popped its head above 80 pence and is closing the week with a higher high and low. it can only be called a relief rally in a bear trend unless the pair can ovvercome 8160. however next week the rally can continue to 8064 with the 10 week ma set to come in just under 81 pence next week, should cap any further rallies.
loonie. 38.2% of 0.97/1.12 is 10650 but surely revisits level where the rally began ie. the 100 month ma currently at 10582. also 10563 is 38.2% of the full rally 0.94/1.12.

GVI Forex john 15:31 GMT June 27, 2014
Agree or Disagree? USDJPY
Reply   
"75% of Retail FX Traders are long $USDJPY according to DailyFX SSI."

That statistic shocks me. Weekly COT data support bull USDJPY view. Looking at the chart, I don't get it. We've been in a range since February.

Any comments? COT report comes out on the close.

dc CB 15:29 GMT June 27, 2014
Agree or Disagree? EURUSD

When interest rates inevitably rise after the Fed stops manipulating them, will the Fed take the mark-to-market losses on its huge portfolio, as, say, Goldman Sachs would if it owned the same securities?

And if the Fed takes losses on its portfolio, does it matter?

Can the Fed’s equity capital of $56 billion — yes, the Fed is leveraged 77 to 1 — be wiped out? A mere 1.3 percent change in the value of those $4.3 trillion in bonds would theoretically wipe out the Fed’s equity.

Fed’s Balance Sheet Punctuated by a Big Question Mark

dc CB 15:24 GMT June 27, 2014
Cracks
Reply   
A decade ago, Corinthian Colleges was a Wall Street darling — a company that seemed to be able to coin money from the federal government and from desperate students. Now it is on the brink of collapse.

You may have never heard of Corinthian, but it is a principal beneficiary of federal student loans, taking in $1.4 billion a year from the government. It operates schools under the names Heald, Everest and WyoTech. A week ago it said it would be unable to finance its operations past the end of this month and disclosed that the Education Department had slowed the flow of federal money, pointing to what it said was admitted fraud at Corinthian in reporting both grades and job placements

Corinthian Colleges Faltering as Flow of Federal Money Slows

Caribbean! Rafe... 15:00 GMT June 27, 2014
EURUSD

I can only provide trading levels, it is your choice whether to long or short as per your requirement.

Anyhow's we are headed to 13663, trading now at 13638.

GVI Forex Blog 14:46 GMT June 27, 2014 Reply   
June 27, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, June 30. Updated: Trading News Events Calendar HIGH IMPACT NEWS RELEASES: JP- Industrial Output, DE- Retail Sales. EZ- Flash HICP, CA- GDP, US- Chicago PMI, Pending Homes

GVI Forex Data Outlook for June 30, 2014

Mtl JP 14:35 GMT June 27, 2014
Agree or Disagree? EURUSD

euro gv chartpoint
200 day 1.3673
currently resistance

Mtl JP 14:29 GMT June 27, 2014
Agree or Disagree? EURUSD

what concerns (opps) do u see in 2.5% (or lower) ?
tia

GVI Forex Jay Meisler 14:23 GMT June 27, 2014
Agree or Disagree? EURUSD

JP< I think you have to watch 10-yr at 2.50% as below it would raise even more concerns.

It comes down to positioning and stops.

As for ECB, I noted how I feel. QE is the dagger but a long shot

Livingston nh 14:12 GMT June 27, 2014
STOX
Reply   
SPX yesterday's low is first target but the 1940 lvl is the mark that started last wks FED 'status quo' rally -- a close below yesterday's low breaks the 21 dma

Mtl JP 14:10 GMT June 27, 2014
Agree or Disagree? EURUSD

Jay next week is EZ CPI (see gv econ calendar)
30/06/14 9:00 A EZ FL HICP yy 0.60% 0.50%
30/06/14 9:00 A EZ FL HICP core yy n/a 0.70%
and just ahead of
03/07/14 11:45 A EZ Europe Cntl Bank 0.25% 0.25%
-
It is possible (and probable) that ECB becomes even more unlike FED.
Note: I am not calling for eurdlr to 1.40

GVI Forex john 14:06 GMT June 27, 2014
Calendar -- Daily Forex Data News
Reply   


June 27, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, June 30. Updated: Trading News Events Calendar

HIGH IMPACT NEWS RELEASES: JP- Industrial Output, DE- Retail Sales. EZ- Flash HICP, CA- GDP, US- Chicago PMI, Pending Homes

  • Far East: JP- Industrial Output.
  • Europe: DE- Retail Sales. EZ- Flash HICP.
  • North America: CA- GDP, US- Chicago PMI, Pending Homes.


GVI Forex john 14:00 GMT June 27, 2014
Final June 2014 University of Michigan Sentiment Index

Ive noticed in recent years that these sentiment indices are not reliable forecasters.

GVI Forex john 13:57 GMT June 27, 2014
Final June 2014 University of Michigan Sentiment Index

University of Michigan-Conference Board Sentiment Final U of M data outperforms expectations. Data revised up slightly





Mtl JP 13:51 GMT June 27, 2014
Risk On/Off Heat Map

10-yr seems to be tying up usdyen
Pivot 101.67
Sup 1 101.48
quote: 101.37-ish
Sup 2 101.27
Sup 3 101.08

GVI Forex john 13:43 GMT June 27, 2014
Risk On/Off Heat Map

10-yr 2.514%

Mtl JP 13:42 GMT June 27, 2014
market

unusual but not impossible
10-yr leading rates lower
stocks open lower

nw kw 13:41 GMT June 27, 2014
market

case for a stronger push for us banks to leaned

GVI Forex Jay Meisler 13:35 GMT June 27, 2014
Agree or Disagree? EURUSD

I posted this last night on GVIForex

Thinking out aloud
GVI Forex Jay Meisler 02:01 GMT 06/27/2014 - My Profile
Maybe the bond market has been telling us that the US economy is not as strong as many believe. With 2nd quarter GDP forecasts being marked down, the case for a stronger dollar could be pushed back.

Perth WTR 13:28 GMT June 27, 2014
market
Reply   
it has been pretty boring trading forex with this dreadful ranges

London Misha 12:45 GMT June 27, 2014
Observations
Reply   
EURUSD - Bearish Harami on Daily Chart but still caught between Fibs 1.3561(38.2%) & 1.3644(50%).
USDJPY - Two consecutive Bullish Hammers on Daily Chart but market drops through Long MA & Uptrend! All MA's turn down!
GBPUSD - Long White Marubozo after indecisive (possibly bullish) Doji Cross on Daily Chart. Tests 2009 high (1.7042) again!
EURGBP - Bearish Long Black Marubozo on Daily Chart as fails 2nd close over Middle Tine of 2012-13 SP. Still possible Double Bottom.
AUDUSD - Indecisive Doji Cross on Daily Chart! Still no follow through to Key Reversal Up & again nearing 2014 high (0.9462)!
USDINR - Open Long White Marubozo on Daily Chart & back over 60.07-09 Fib support. Possible Descending Triangle using Fibs & Medium MA.
USDBRL - Crashed support band 2.1978-2.2027 & closes on recent Uptrend on Daily Chart. Looks to test 2014 low (2.1809).


Mtl JP 12:32 GMT June 27, 2014
Agree or Disagree? EURUSD

there is a typo in tis extract from the linked wsj piece.

...."Shoppers saw the largest price increases at grocery stores, gas stations and in their utility bills. Energy prices were up 5.8% in May from a year earlier, and food prices rose 2.1%, both reaching their highest level since the first half of 2012.

The latest inflation numbers are "not an alarming reading," said Conrad DeQuadros, an economist at RDQ Economics LLC. "But it's not just a food story or energy story. It's fairly broad-based…policy makers should take note." ...
--
hint: it is a decimal point. can u spot it ?

Mtl JP 12:25 GMT June 27, 2014
Agree or Disagree? EURUSD

so ... you applaud the FED, the outfit that dillutes the purchasing power of your earnings & whatever savings you might have ?

note : US inflation hits highest level for year and a half Morath in WSJ

while the FED debates the "noise", "But for consumers, the uptick likely only represents a return to more historically normal rates of prices increases." Can u taste the Pablum ?

in the meantine Lew's paper is yielding 2.5%

Livingston nh 12:22 GMT June 27, 2014
Agree or Disagree? EURUSD

the fiscal side is key for EUR now I think -- the banks and the convergence of peripheral debt will do the same as last time -- question, can they hold until the "quality review" comes in?

GVI Forex Jay Meisler 12:16 GMT June 27, 2014
Agree or Disagree? EURUSD

Draghi is using the threat of QE as sort of verbal intervention but this is still a long shot or it would have already been employed.

While the ECB likely wants a lower EUR its actions suggest it is trying to limit the upside more than drive it lower. QE would be the game changer that would cut the legs out of the EUR.

Too bad the ECB is not the Fed.

Mtl JP 12:02 GMT June 27, 2014
usd/jpy

sofar .... usdyen is a tease

GVI Forex john 11:34 GMT June 27, 2014
Risk On/Off Heat Map

I did not mention yesterday that the odds (Fed Funds futures) for a rate hike into July 2015 are back below 100%. They are now running at 90%. About a week ago they were !00% for a 25bp hike PLUS 20% for a second 25bp increase.

Fed Funds futures are lousy forecasts, but you can trade there and thus are the best measure of current sentiment.

london red 11:32 GMT June 27, 2014
Agree or Disagree? EURUSD

bad-wurtg state inflation for june surprised to upside earlier (+0.3 m/m +0.9 y/y) which puts upside risk to headline inflation (hcpi) in half an hour. a better than expected number will put qe talk to one side and give the euro a chance to run at yest highs. gien the state inflation a lower hcpi would be a real surprise and would certainly tak us to 13580/90.

GVI Forex john 11:17 GMT June 27, 2014
Agree or Disagree? EURUSD

Forex market from EUR Perspective. Mixed picture, spot to 20-day averages remain mostly RED. Large moves in opposite directions vs. JPY and NZD.



GVI Forex Jay Meisler 10:18 GMT June 27, 2014
Agree or Disagree? EURUSD



Daily Trading Outlook Video Update

Month/quarter/half yearend flows to dominate. Watch eurusd 1.36, usdjpy 101.40-60 holding so far as support.

Correction: Should say 1.3650 is top of the range and notice the power of the '50" levels: 1.3650, 101.50, 1.7050, 2.50% in US 10-yeaqr bond

EURUSD 1.36 yet to trade today



GVI Forex Blog 10:04 GMT June 27, 2014
Global Markets News
Reply   
Analysts noted as long as US bond yields were in retreat and the US yield curve continued its bullish steepening, USD should stay offered, pushing volatility lower and keeping the carry trade in play

TradeTheNews.com EU Market Update: German Jun CPI readings hints of stabilization in EMU inflation outlook

Plovdiv Gotin 09:57 GMT June 27, 2014
EURUSD

Hi 1.3663 OK, but Low 1.3594?

GVI Forex Blog 09:12 GMT June 27, 2014
Japanese Data Disappoints. U.K. 1Q14 GDP Revised Slightly. Final University of Michigan Survey Due.
Reply   
HIGH IMPACT NEWS ITEMS: US- University of Michigan

In the U.S, the final June University of Michigan Survey is due. UK 1Q14 GDP were barely revised and had no impact on trade

Japanese Data Disappoints. U.K. 1Q14 GDP Revised Slightly. Final University of Michigan Survey Due.

PAR 09:05 GMT June 27, 2014
Low Rates may be harmful to the economy
Reply   
http://www.blackrockblog.com/2014/06/26/5-reasons-excessively-rates-harmful-economy/

GVI Forex john 09:00 GMT June 27, 2014
June 2014 EZ Consumer Confidence Final
Reply   




ALERT
-7.5 vs. -7.4 vs. -7.4 prev.


TTN: Live News Special Offer


Direct links to primary data sources

GVI Forex john 08:52 GMT June 27, 2014
Risk On/Off Heat Map
Reply   


  • Markets are in a mixed risk-on posture early in the Europe today  Most traders are cautious heading into the half-yearend.
  • Yields in prime Eurozone fixed income markets are higher. Yields on the European periphery are up as well.
  • U.K. gilt  yields are steady.  The BOE consistently has rejected  the risk of a sharp policy tightening. We see a +25bp BOE rate hike by yearend.
  • U.S. yields eased as well. The U.S. 10-yr is 2.52%, -2 bp.
  • Equities closed mostly lower in the Far East. Bourses in Europe are mostly up. U.S. share futures are down.

    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).


PAR 08:37 GMT June 27, 2014
Hollande - Economy improving ?
Reply   
FXStreet (Łódź) - Julien Mancenaux from ING notes that French jobless numbers published on Thursday showed a 24.8K increase of the unemployed population, to 3.39M, despite the implementation of extended subsidized job schemes.

Key quotes

"France is at risk of seeing its unemployment rate rising again in Q2, if not enough jobs are created in June."

"With two quarters of weak growth already behind us (we expect the 0.0% GDP growth in Q1 to be confirmed this afternoon and 0.2% QoQ growth in Q2), it looks as if the reversing of the unemployment curve (an objective which has disappeared from the political vocabulary since last February) is not ready to happen as figures published by the INSEE yesterday showed."

"Since President Hollande saw the first signs of the recovery last July, the number of unemployed has increased by 3.3% (as of May 2014). Industrial production decreased by 0.2% and business sentiment in May was back at its August 2013 level."

"Nothing concrete therefore seems to be emerging from the recovery front, which is why pressure on the Valls Government should be sustained in the coming July social negotiations. Scaling back the few scheduled reforms, however, would only lengthen France’s long stagnation."

GVI Forex john 08:35 GMT June 27, 2014
UK GDP-- 1Q14rev

U.K. 1Q14 GDP barely revised.

GVI Forex john 08:32 GMT June 27, 2014
UK GDP-- 1Q14rev
Reply   




-- NEWS ALERT --

QQ +0.80% vs. 0.80% exp. vs. +0.80% prev.
YY +3.00% vs. +3.10% exp. vs. +3.10% prev.


RELEASE: U.K. GDP


TTN: Live News Special Offer

GVI Forex john 08:25 GMT June 27, 2014
May 2014 Japan Data

JA CPI...Earlier Impact of sales tax hike persists.




GVI Forex john 08:18 GMT June 27, 2014
May 2014 Japan Data
Reply   




EARLIER NEWS ALERT
CPI:
Core yy
yy: 3.40% vs. +3.60% exp. vs. +3.60% prev.

Headline:
+3.7% vs. n/a exp. vs. +3..40% prev.

Retail Sales yy:
-0.40% vs. -1.90% exp. vs. -4.40% prev.


TTN: Live News Special Offer

PAR 07:43 GMT June 27, 2014
Barclays vs BNP Paribas
Reply   
US Fines .

BNP Paribas did some suspicious transfers .

Barclays stole from clients , including Joe Sixpacks pension
funds .

What deserves the biggest fine ? I am not a lawyer .

kl fs 07:41 GMT June 27, 2014
EURUSD

ok in first 1.3616

kl fs 07:39 GMT June 27, 2014
EURUSD

thanks Rafe, trying long below 1.3620 to 1.3590 today for your target

Caribbean! Rafe... 07:26 GMT June 27, 2014
EURUSD
Reply   
I have a 13663 high and 13594 low today.

tokyo ginko 07:14 GMT June 27, 2014
usd/jpy

added final 50% @ 101.38..

PAR 07:09 GMT June 27, 2014
USDJPY
Reply   
Long USDJPY at 101.35 as I am looking for a PPT induced recovery in US stock markets.

USDJPY target 102.50 . Stop 100.94.

Hong Kong AceTrader 06:18 GMT June 27, 2014
AceTrader Jun 27: Daily Outlook on Asian Exotic USD/SGD
Reply   
DAILY USD/SGD OUTLOOK - 1.2485

27 Jun 2014 03:49GMT

Despite usd's 1-week long sideways move after
falling to a 5-week low at 1.2467 last Thursday, as long
as 1.2517 (Wed), recent decline should resume later.

Trade from short side for weakness toward Apr's 4-mth
trough at 1.2451 n only above 1.2517 risks 1.2540/43.


STRATEGY : Short at 1.2500

POSITION : Short at 1.2500

OBJECTIVE : 1.2455

STOP-LOSS : 1.2520

RES : 1.2517/1.2543/1.2568

SUP : 1.2467/1.2451/1.2424

syd sf 06:02 GMT June 27, 2014
morning

well - got out of all positions during Asia

just have to see how London and NYK want to end the week... and take us forward into next week.

$yen obviously pretty important at this point.

Amman Amman 05:29 GMT June 27, 2014


I can only say "ALL THE BEST"

msa nsm 05:19 GMT June 27, 2014
Swing trades

msa nsm 08:35:11 GMT - 06/20/2014

Sell AUDUSD
Entry: 0.9400 Target: 0.9325/9250 Stop: Daily close
Late entry. GL
_____________

Adding small now.

USDCAD stop nearly hit (lowering my SL slightly below TL, not a good strategy though but if TL holds the target is 1.16, I have alot of equity in this trade :(. ) Just 20pips away from weekly TL, converging with major support.

Order raised to 1.0670. looking for the next entry to be triggered. GL

jkt abel 04:49 GMT June 27, 2014
usd/jpy

keep adding till broke

tokyo ginko 03:08 GMT June 27, 2014
usd/jpy

Usdjpy add another 50 % 101.45

tokyo ginko 02:17 GMT June 27, 2014
usd/jpy

Not sure which time frame you are referring ..intraday trade up to long term (3-5 years ) position trade..perhaps you could observe the 2 charts and determine their corelation index if it is close to 1 etc

Hong Kong AceTrader 01:37 GMT June 27, 2014
AceTrader Jun 27: Intra-Day Maket Moving News & Views & data to be released today
Reply   
Intra-Day Market Moving New and Views USD/JPY

27 Jun 2014 00:30GMT

USD/JPY - Statement from the Japan govt. official announced that : May household spending fall n impact of sales tax hike are within expectations, as spending other than auto, housing in uptrend.

While Japanese household spending fell much more than expected in May, data showed on Friday, in a sign that consumer spending is struggling after an increase in the national sales tax.

The 8.0% annual decrease exceeded the median market forecast for a 2.0 percent annual decline.
The govt. raised the national sales tax to 8% fm 5% on Apr 1st to pay for rising welfare costs.


Yesterday Fed's Bullard in his statement said, qoute:

'prefers to end bond buying in October; sees GDP growth bouncing back in 2nd qtr, on track for 3.5 pct to 4 pct growth; own forecast of q1 2015 rate hike is data-dependent; wage increases will follow increase in inflation.'

' if jobless rate falls faster than expected, Fed may be behind curve; confident that fed will do the right thing; "way ahead of schedule" on decline in unemployment rate; view that inflation will rise above 2 pct in 2015; U.S. no longer in 1 pct-2 pct low-inflation environment; inflation will tick higher; U.S. is still a long way from a turn in monetary policy; economy could tolerate the process of fed going back to normal.'

'as credit markets heal, harder to justify continued low rates; Fed's bond-buying has not made U.S. income, wealth inequality worse; higher inflation would hurt the poor the most; Fed's bond-buying has boosted stocks, which have recently returned to more standard valuations; largely agree that low real yields will help repair damage from crisis more quickly.'


Data to be release on Friday:

New Zealand trade balance, exports, imports, Japan household spending, CPI core Tokyo, CPI core nationwide, unemployment rate, Germany import price index, CPI, HICP, France consumer spending, GDP, producer prices, Switzerland KOF indicator, Italy business confidence, U.K. Gfk consumer confidence, GDP, euro zone business climate, consumer confidence, economic sentiment, service sentiment, Canada producer prices, U.S. University of Michigan sentiment (Final).

dc CB 01:07 GMT June 27, 2014
Blow Back
Reply   
The cancellation of Verizon’s contract with the German government is one of the first signs that companies in the United States are starting to lose business because of the scandal. Verizon provided telecom services to many of Germany’s federal agencies.

Irked by N.S.A., Germany Cancels Deal With Verizon

GVI Forex Blog 00:36 GMT June 27, 2014
Forex News
Reply   
* NZD hits three-year highs, eyes post-float peak * Dollar index flat on the day, down just 0.2 pct this week * U.S. consumer spending data tepid, suggest slower recovery

FOREX-New Zealand dollar shines in subdued currency market

Mtl JP 00:28 GMT June 27, 2014
usd/jpy

ginko how much influence / hindrance do u see atm from the us 10-yr to usdyen ? tia

tokyo ginko 00:05 GMT June 27, 2014
usd/jpy

new york dip below to 101.50 before back to critical level 101.65/70...maintain long

 




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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