User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  2020  
January  February  March  April  May  June  July  August  September  October  November  December  
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Forex Forum Archive for 12/17/2016

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.

Amsterdam NordFX 17:32 GMT December 17, 2016
Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 19 - 23 December 2016
Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for
19 - 23 December 2016

First, a few words about the forecast for the previous week, which has been almost 100% correct for all four pairs:
- The final forecast for the EUR/USD pair last week was as follows: first a rebound to the resistance at 1.0650 and then a drop to the March 2015 lows in the 1.0460 area. It also suggested a strengthening of the downward trend in the event the US Federal Reserve decided to increase interest rates. This forecast can be considered fulfilled almost completely. At the beginning of the week, as expected, the pair rose to the level of 1.0650 and then made several attempts to break higher, but was unable to overcome the 1.0670 bar. The decision of the Federal Reserve on Wednesday, 14th December delivered the expected strengthening of the dollar, and the pair initially fell to the level of 1.0470 and then even lower to 1.0366. The pair reached 1.0449 by the end of the week’s session;
- The forecast for GBP/USD stated that the pair would stay in the sideways channel of 1.2550-1.2700 for some time in the beginning of the week. It would then go down to the 1.2400-1.2500 zone. That was what actually ended up happening, allowing for a standard sway of 25 points;
- With regard to USD/JPY, a rather quiet start of the week dominated by slight bullish sentiment was assumed. Then, after the decision of the US Federal Reserve, we assumed a rise to the resistance at 118.70. This prediction proved to be correct, and on Thursday, 15th December, the pair reached a height of 118.66 before proceeding to move sideways, finishing the week in the 117.90 zone;
- The forecast for USD/CHF has not been disappointing either. According to most experts, graphical analysis, and indicators on H4 and D1, the pair was supposed to revisit the 2015 maximum of 1.0300. That is what it did, even managing to exceed the expectations of the task by reaching a height of 1.0343.
Forecast for the upcoming week:
Summing up the opinions of several dozen analysts from world leading banks and brokerage companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be suggested:

- A few months ago, we published the opinions of a number of experts suggesting that EUR/USD would seek to achieve an exchange rate parity of 1.0000 in the upcoming year (2017). It seems that this forecast is coming true. At least 60% of analysts, 85% of indicators, and graphical analysis on D1 believe that in the near future the pair will continue to fall at least to the 1.0300-1.0350 area. It is worth noting that the pair has fallen so low that, when determining the support level, it is necessary to work not just with the data for the last two years, but also with that from 1997-2003.
An alternative point of view is expressed by the remaining 40% of experts and the numerous oscillators, which indicate that the pair has been oversold. According to their forecast, the pair has reached its local minimum, so in the foreseeable future will be moving in a sideways channel with a Pivot Point of 1.0500;

- With regard to the future of GBP/USD, 60% of experts and the majority of indicators support the continuation of the downward trend, naming the support at 1.2300 as the nearest target. At the same time, graphical analysis clarifies that the pair may stay in a sideways corridor within 1.2360-1.2560 for some more time before the decline. It should be noted, however, that when giving a medium-term forecast, 70% of analysts believe that the pair should sink to the level of 1.2100;
- USD/JPY. It is clear that most of the indicators point northwards. However, a third of the oscillators indicates the pair has been overbought. Graphical analysis points to a possible downwards rebound as well, naming 115.45, 114.80 and 113.90 as support levels. As for the experts, 30% of them believe that the pair will grow to a height of 120.00. The majority, though, expect a sideways trend with a Pivot Point of 118.00;
- USD/CHF. More than half of the experts believe that the pair will try to gain a foothold above 1.0300, the main resistance being 1.0410. Graphical analysis on D1 and 95% of indicators on D1 and H4 agree with this point of view. The main support is 1.0200, with the next one being at 1.0150.
Roman Butko, NordFX
Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.
#forex #forex_forecast #eurusd #signals_forex #binary_options

nw kw 15:09 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

last one. nzdjpy up to fast.

nw kw 15:01 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

lng to eur

nw kw 14:58 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

yet ngas or eng has new plant gut planed, in parries, with plans for new plant in usa . no good reason for this.

nw kw 14:42 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

so chfjpy has no reason to still be in bull trend but it is. before something hits market.

nw kw 14:37 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016


GVI Trading john bland 14:34 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

S&P chart is interesting also because it suggests that the preponderance of traders are hedgers...

nw kw 14:31 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

usa foreran bonds inflow reverse to strength.

nw kw 14:26 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

can you long eurusd [free QE] to get in to s&p.

GVI Forex Blog 13:38 GMT December 17, 2016
EURUSD Commitment Of Traders Report for December 13, 2016

EURUSD Commitment of Traders Chart

This Chart fascinates me. These are positions as of the close the day before the Fed hiking decision. Look at the spot EURUSD line trend and compare it to net shorts. There is a disconnect here with net shorts FALLING as the EURUSD declines. The reduction in EURUSD shorts might go a long way to explaining why the EURUSD fell so sharply following an as expected Fed policy decision.

EURUSD Commitment Of Traders Report for December 13, 2016

GVI Trading 13:22 GMT December 17, 2016
Dollar\'s post-Fed rally pauses, U.S. stocks end lower --
"The dollar and U.S. stocks dipped on Friday, taking a breather following this week's big moves after the Federal Reserve signaled a faster pace of U.S. interest rate increases next year. U.S. Treasury debt yields inched higher, continuing a weeks-long trend. Markets appeared to be adjusting for what is expected to be a quiet holiday period for economic data.

News that a Chinese warship has seized an underwater drone deployed by a U.S. oceanographic vessel in the South China Sea sparked some worries about geopolitical tensions and added to some of the pressure in stocks...

Dollar's post-Fed rally pauses, U.S. stocks end lower --

SaaR KaL 10:17 GMT December 17, 2016
USD south for 4 years

Happy to do so
Trade Range 1 1.8019 1.7402
Trade Range 2 1.8130 1.7306
Expected Values
15-Jan-17 1.6186
13-Feb-17 1.5706
17-Mar-17 1.5175

SaaR KaL 10:13 GMT December 17, 2016
USD south for 4 years
Very serious guys...from USDJPY from the last 100 (Aug) level is just a correction for the longer term south trend
this baby wants 88 to 85 Long term

Singapore 06:46 GMT December 17, 2016
Euro/USD Exchange Rate Forecast to Rise Above 1.10 through 2017
The Euro will likely recover against the US Dollar through the course of 2017. The call for a stronger EUR/USD come at a time of intense downward pressure on the pair with many analysts now eyeing a 1:1 exchange rate being achieved in the near future. Consensus is for the EUR/USD to be at 1.03 by December 2017.

USD losing ground against the Euro through 2017. The formal tapering of asset purchases will be an issue that becomes significant for markets towards the end of 2017.

The great risk to the Euro in 2017 is seen as emanating from the politics of the European Union, rather than the Eurozone economy.
Elections in France, The Netherlands and Germany present opportunities for far-right populist movements to flex their muscles and gain political control.

What they all have in common is a desire to leave the EU, and it is feared that one or more of these, the three largest economies in the Eurozone, could end up leaving.

If not a completed withdrawal from the EU, the rise in negative sentiment may cause a flight from risky assets and home back to safety, which is likely to upset financial markets too.

Get live Forex market updates and Forex signals.


Haifa ac 05:01 GMT December 17, 2016

Proverbs 30 (21-23) describes this couple perfectly:

21 For three things the earth is disquieted, and for four which it cannot bear:

22 For a servant when he reigneth; and a fool when he is filled with meat;

23 For an odious woman when she is married; and an handmaid that is heir to her mistress.

Haifa ac 05:01 GMT December 17, 2016

Proverbs 30 (21-23) describes this couple perfectly:

21 For three things the earth is disquieted, and for four which it cannot bear:

22 For a servant when he reigneth; and a fool when he is filled with meat;

23 For an odious woman when she is married; and an handmaid that is heir to her mistress.

dc CB 00:36 GMT December 17, 2016

At the Plaza last Nite

LOL or what's that Rm?AOff don't get that stuff


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

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
Managed Forex Accounts
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2019 Global-View. All Rights Reserved.
Hosting and Development by Blue 105