S&P and 10-yr Note. S&P shorts looking very vulnerable. S&P closed at 1900 +6 on Friday. Note: 10-yr scale inverted because 10-yr Note trades in bond prices, not yields.
GVI Forex john 22:26:37 GMT - 05/24/2014
Looks like this pair was at a tipping point last Tuesday. Friday late (spot 1.6380 was below the 1.6859 20-day average).
GVI Forex john 21:57:00 GMT - 05/24/2014
There is a long way to go, but it is pretty clear that USDJPY longs are steadily throwing in the towel after holding onto their USD longs steadfastly for a remarkably long period of time.
It looks to me as though there has been more reduction of USDJPY longs, than much USDJPY selling. Bearish JPY sentiment has been abating, but we don't see many signs of traders turning bullish the JPY. Because of the way it is quoted, note that the right side USDJPY scale has been inverted so that the USDJPY weakens (JPY strengthens) as one moves UP the scale.
GVI Forex john 21:41:10 GMT - 05/24/2014
Watch how met positions in EUR flip to short as the spot rate trades through its 20 day moving average. So even though trading has been slow, the short side of EURUSD has become the "strong side" of the market. My point is the spot vs. 20-day relationship ban often be a reliable predictor of trader positioning behavior.
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.
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.