WTI breaks below the $40 line (last $39.73 -1.72) following big increases in CO inventories. Tomorrow should see subdued pre-holiday trade.
london red 16:34:32 GMT - 03/23/2016
v busy JP but fwiw look at 4h euro chart. you will notice steady selling of last two "event" spikes higher. aussie looks to be rolling over and yen looks out of steam as well, loonie too, id fancy a bit of dollar strength. its poss cable will underperform euro given isis direct relation to brexit risk, but think a few minor gbp crosses looking better and so might see eurgbp run lower with euro as is usually the case. b4 i finish there is a nice channel on 1h euro keeping rallies in check, this off most recent high, have a look.
Mtl JP 13:51:02 GMT - 03/23/2016
London red appreciate your take on 1.12 for the next short/term this NY morning
GVI Forex Jay Meisler 13:15:18 GMT - 03/23/2016
Looks like a lot are on holiday but markets are moving.
USDJPY targeting 112.96. HOD 112.91
EURUSD completed 61.8% (1.1166) of 1.1058-1.1342 (1.12 sets tone)
GBPUSD break of 1.4215 exposes potential for 1.4050 (1.42 sets tone)
Oil down, USDCAD up
Metals down AUD down
Livingston nh 11:49:44 GMT - 03/23/2016
JM - If you mean correlation trades, AUD still commodity/China sensitive, CAD and MXN (NOK) still oil influenced but less so (Mexico hiked rates and Canada influenced by dovish Fed) - I never got the EU/OIL/Stox trade relationship
Inflation is my focus for US interest rates this year - out of fashion TIE for a while
NY JM 11:24:48 GMT - 03/23/2016
nh, do you see ties correcting as well?
Livingston nh 11:03:56 GMT - 03/23/2016
USD Daily charts still show the effects of last week's FOMC the hrly and 4 hrly charts are starting to show retracements - EUR, AUD and JPY have issues besides the Yellen effect so focus there ? (21 dma tgt) // WTI showing a similar pattern w/ $38 a target
GVI Forex john bland 10:38:37 GMT - 03/23/2016
US 1.941% -0.2
DE 0.227% +1.6
GB 1.470% +1.0
JP -0.102% -0.8
EUR mostly higher on its crosses
WTI $41.00 -0.46 ($41.31-40.88)
GVI Forex Jay Meisler 10:19:24 GMT - 03/23/2016
If you are trading please post your trading ideas or thoughts.
We appreciate all posts but want the focus to be on trading.
Actionable trading levels delivered LIVE to YOUR charts
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.