S&P upgrades Greece's sovereign credit rating to 'B-' from 'CCC+' MarketWatch
nw kw 15:57:06 GMT - 01/22/2016
cad has big longs to or fish did.
nw kw 15:55:53 GMT - 01/22/2016
oil cot has power in well added longs big shorts on run good for 34.
london red 15:32:59 GMT - 01/22/2016
brent and wti both have channel lines at or just below 33 bucks. i doubt they close abv them today. due to the large % gain and volatility that goes with it, they may run the stops sitting abv the channels. but a close abv should be a bridge too far for both. maybe loonie sees a quick spike to do stops a few pips under 140 then back up to close 14140/50ish.
GVI Forex john bland 15:01:49 GMT - 01/22/2016
Existing Homes sales much better than expected. Apparently due to mortgage rule change that depressed November. This was a catch up
-- Economy tracking quite well
-- Timing of rate rise depends on economic conditions
-- Heightened awareness of EU Referendum, but no sign confidence hit
GVI Forex john bland 11:05:20 GMT - 01/22/2016
-- Council unanimous decision to discuss QE in March
-- Haven't decided which stimulus tools to use
-- Will look at inflationary situation in March
london red 09:44:25 GMT - 01/22/2016
eurgbp. sold off well from key res 7750/70 now a whisker away from 19th jan low of 7583. a break there makes a lower low and should see 7500 neck of inverse shs tested. can be bought there but keep in mind while test of shs neck is often a good signal, the monthly chart will be showing a very long wick on candle, so it depends when the test takes place.
london red 09:38:39 GMT - 01/22/2016
sales miss well flaged after poor stores and footfall figures. but more important cable bottomed and shorts burning. might seen test of broken lt fib 14370/80 where can try short. currently testing 200hma.
Hey Nikkei: the headline goes out 2 minutes before the close, not after
GVI Forex john bland 21:07:01 GMT - 01/21/2016
Typically this is how the BOJ pre-announces an easing. The next BOJ meeting is on Friday a week from now. Its beginning to look like coordinated action. Odd man out is the Fed. They announce next Wednesday.
GVI Forex john bland 21:03:24 GMT - 01/21/2016
Report- BOJ considering additional easing measures
nw kw 17:02:33 GMT - 01/21/2016
Distillates: -1.03 vs go oil
london red 16:13:37 GMT - 01/21/2016
if they can get to 1900 then yen should see 11796 fib and maybe a little higher than 118.
CB we on here fkd the prom queen yesterday, before it went up.
euro straddle 85/90 pips, eurgbp 50/55 pips initial sup/res
1 week euro (inc friday and nfp, fomc) 140 pips
london red 13:01:47 GMT - 01/21/2016
cable. bounced a whisker away from 14060/80 tgt and last remaining 10% is closed. Looking for a rebound to sell into over the coming months. if does manage to squeeze out more downside, some barriers at 1.40 likely to be defended.
for eurgbp. looking for another failure at 7750/70 to insite some profit taking towards 75 cents.
euro. should struggle abv 110, likely sellers 11020/45/70.
watch phily data today, tends to predict ism quite well. could be a miss here.
Mtl JP 12:56:18 GMT - 01/21/2016
Dil soon after Draghi stops flapping his gums eurdlr will be subject to stox
euro is not going massively down unless stox stop puking
Israel Dil 12:49:02 GMT - 01/21/2016
what's your take for eur/usd close rate today, sub 108 or above 110 ?
GVI Forex john bland 12:46:59 GMT - 01/21/2016
No policy changes by ECB as expected. No surprise. Press conference @13:30 GMT.
GVI Forex john bland 12:45:25 GMT - 01/21/2016
European Central Bank (ECB) January 2016
Refi Rate Steady at 0.05%
Marginal Lending Rate steady at 0.30%
Deposit Rate steady At -0.20%
cable prev lt low 14226/30. should offer res. if not will be first time an initial res beaten and may be stops. all the same worth a short as while under 14370/80 still chance to do 14060/80 and id say wait for a bounce.
no surprises here. mkt talked itself into a cut. still outlook for cad not rosy. if they can run under 144 nice area to pick up longs 14380/50. important to let bears have their day.
GVI Forex john bland 15:06:44 GMT - 01/20/2016
"The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.
Inflation in Canada is evolving broadly as expected. Total CPI inflation remains near the bottom of the Bank’s target range as the disinflationary effects of economic slack and low consumer energy prices are only partially offset by the inflationary impact of the lower Canadian dollar on the prices of imported goods. As all of these factors dissipate, the Bank expects inflation will rise to about 2 per cent by early 2017. Measures of core inflation should remain close to 2 per cent.
All things considered, therefore, the risks to the profile for inflation are roughly balanced. Meanwhile, financial vulnerabilities continue to edge higher, as expected. The Bank’s Governing Council judges that the current stance of monetary policy is appropriate, and the target for the overnight rate remains at 1/2 per cent."
eurgbp. big prev low at 7764, a break there took us all the way dwn to 69 cents. so a big level to clear topside. also 7740 is 50% of 57/97 cents. both of these levels vital on a monthly closing basis as is 144 month ema at 7767.
market is in midst of an inverse shs but id expect circa 75 cents test before monthly closes abv those mentioned levels.
cable. final tgt 14060/80 while below 14370/80
GVI Forex john bland 09:33:04 GMT - 01/20/2016
UK data generally better than expected
GVI Forex john bland 09:32:07 GMT - 01/20/2016
U.K. Employment November/December 2015
-- NEWS ALERT --
Claimant Count: -4.300 vs. +3.000 exp. vs. +3.900 (-2.200)prev.
ILO Rate: 5.10% vs. 5.20% exp. vs. 5.20% prev.
earnings x-bonus: +1.9% vs. +1.80% exp. vs. 2.00% prev.
earnings: +2.00% vs. +2.10% exp. vs. +2.40% prev.
Trying to hit Russia by lowering the oil price is coming back like a boomerang .
PAR17:09:08 GMT - 01/19/2016
Imho US economy - which invested $ billions in oil production - is hit like the oil exporting countries by the falling oil prices . Oil importing countries like China, Japan and most European countries on the other hand are benefitting from lower oil prices . A lower oil price will be $ negative and if the $ drops enough oil prices will go higher again .
london red 16:27:35 GMT - 01/19/2016
nice looking wick on daily s&p candle. if can hold these levels into close (or lower) sets up for a solid 50 pt downside test by end of week. whether they hold down there is another matter.
despite risk on greens this morning mkts feel quite risk off, even yen couldnt draw a bull trap over 118 let alone establish itself up there.
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.
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.
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 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 Global-View.com.
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 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.
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.
Global-View.com 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 Global-View.com. 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.
WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES
CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN
EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE
PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE
INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC
REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL
SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR
SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.