Monday, 23 June 2014
news
GBP/USD holds above 1.7000
The GBP/USD is back to square one at the beginning of the american
session, after the latest upside attempt was capped by the 1.7050 area.
Advertisement
FxPro SuperTrader
Introducing an investment platform like no other. Build your own portfolio of
FX investments today.
Top Stories
EURUSD: Germany losing pace to the periphery
The biggest news on the macro front this morning was the European
PMI surveys for June. These timely indicators saw the index inch down
further than expected, with the Eurozone composite PMI falling to 52.8
from 53.5. This is the second consecutive...
AUDUSD Surging on Strong Chinese Data, but RBA May Become a Headwind
The AUDUSD is surging forward to start this week after strong data
out of Australia’s most important trading partner. The June Chinese HSBC
Manufacturing PMI report clawed its way back above the key 50 level in
today’s Asian session, showing rising...
Gold Near Two Month High on Iraq and Fed Outcome
Gold futures traded below a two-month high as investors weighed the
outlook for U.S. borrowing costs to remain low and tension in Iraq
against signs of weaker physical demand. Platinum and palladium...
EURGBP− Looks To Extend Recovery
With EURGBP stopping its weakness and turning higher the past week,
further recovery is envisaged in the new week. On the upside, resistance
lies at the 0.8000 level followed by the 0.8050...
Forex News
-
AUD/USD extends 0.9445 rejection and tests 0.9420
FXStreet
-
GBP/USD holds above 1.7000
FXStreet
-
EUR/USD rejects the 1.3600 again
FXStreet
-
USD/JPY steady after US Markit PMI
FXStreet
USD may be weak, but EUR is not far behind
| Pair | Average levels | ||
|---|---|---|---|
| 1 Week | 1 Month | 1 Quarter | |
| EURUSD | 1.3589 | 1.3637 | 1.3438 |
| GBPUSD | 1.7054 | 1.6927 | 1.6906 |
| USDJPY | 101.95 | 102.93 | 104.19 |
| USDCHF | 0.8968 | 0.8999 | 0.9136 |
| AUDUSD | 0.9370 | 0.9241 | 0.9179 |
| Pair | Average levels | ||
|---|---|---|---|
| 1 Week | 1 Month | 1 Quarter | |
| USDCAD | 1.0805 | 1.0894 | 1.0975 |
| NZDUSD | 0.8746 | 0.8597 | 0.8562 |
| GBPJPY | 173.99 | 174.35 | 176.77 |
| EURJPY | 139.07 | 138.61 | 139.77 |
| EURGBP | 0.7973 | 0.7894 | 0.7864 |
EUR/USD
getting ready to roll: Euro lack of conviction to advance has left the
pair exposed to the downside, seen mostly falling in term.
GBP/USD clear division of sentiment: while traders are looking for higher highs, banks put their bets on the downside for Pound.
USD/JPY limited slides before a leg up: bearish for next week, the pair is not seen losing 100.00 but recovering to new highs afterwards.
AUD/USD bears advance: a large majority of polled experts believe the AUD has not much room to the upside, seen approaching back to 0.9100.
EUR/JPY less expectations on advances: shy bullish interest surges in EUR/JPY amid with little hopes of recovering the critical 140.00 level during next month.
GBP/USD clear division of sentiment: while traders are looking for higher highs, banks put their bets on the downside for Pound.
USD/JPY limited slides before a leg up: bearish for next week, the pair is not seen losing 100.00 but recovering to new highs afterwards.
AUD/USD bears advance: a large majority of polled experts believe the AUD has not much room to the upside, seen approaching back to 0.9100.
EUR/JPY less expectations on advances: shy bullish interest surges in EUR/JPY amid with little hopes of recovering the critical 140.00 level during next month.
Analysis
Trader’s eye on majors, short term
EUR/USD: quiet range persists by FXStreet
GBPUSD - Weak demand in the background, buying looks risky by ForexTrading.TV
USD/JPY: Yen Slightly Higher on BOJ Comments by MarketPulse
Ajay Pankhania
Australia is the 3rd largest exporter when it comes to commodities. Thus a good strategy to achieve economic growth is to have commodity led growth.
Australia is the 3rd largest exporter when it comes to commodities. Thus a good strategy to achieve economic growth is to have commodity led growth.
-
Strong Data, Mega Mergers Unable to Propel Fresh Record Highs in US Equities
Mon, Jun 23 2014, 15:22 , by TradeTheNews.com
-
UK Market Comments
Mon, Jun 23 2014, 15:20 , by IG
-
GBP/USD traded lower throughout the session with hedge-funds booking profit
Mon, Jun 23 2014, 15:07 , by Talking-Forex.com
-
Crude Oil –Higher Short-Term, Lower Longer-Term?
Mon, Jun 23 2014, 14:54 , by Sunshine Profits
-
Sterling remains strong ahead of GDP data
Mon, Jun 23 2014, 14:46 , by Halo Financial
Next
Tue, Jun 24, 05:00
Register free!
Register free!
Dr. Sivaraman will review the previous day close levels and calls given...
Thu, Jun 26, 15:00
Register free!
Register free!
It’s essential for traders to be properly prepared before trading the markets . In...
| Upcoming Live Events | Type* | Sponsored by: | ||
|---|---|---|---|---|
| Jun 24, 05:00 | Asian Session: Live Market Analysis | Dr. S. Sivaraman | WBN |
|
| Jun 24, 10:00 | Trading Tuesdays | Kathleen Brooks | WBN |
|
| Jun 24, 15:00 | Question and Answer Period | David Pegler | WBN |
|
*WBN: Webinars / SHW: Showrooms
Economic Calendar
| GMT | Event | Vol. | Actual | Consensus | Previous | |||
|---|---|---|---|---|---|---|---|---|
| Monday, Jun 23 | ||||||||
| 13:45 | US | USD | Markit Manufacturing PMI | 2 | 57.5 | 56.5 | 56.4 | |
| 14:00 | US | USD | Existing Home Sales (MoM) | 2 | 4.89M | 4.73M | 4.66M | Revised from 4.65M |
| 14:00 | US | USD | Existing Home Sales Change (MoM) | 1 | 4.9% | 2.2% | 1.5% | Revised from 1.3% |
| 15:30 | US | USD | 3-Month Bill Auction | 1 | 0.035% | |||
| 15:30 | US | USD | 6-Month Bill Auction | 1 | 0.07% | |||
| 20:30 | NZ | NZD | RBNZ Deputy Governor Bascand Speech | 1 | ||||
| Tuesday, Jun 24 | ||||||||
| 02:00 | CN | CNY | CB Leading Economic Index | 1 | 0.9 | |||
| 06:00 | CH | CHF | Trade Balance | 1 | 2,707M | 2,425M | ||
| 06:00 | CH | CHF | Exports (MoM) | 1 | 17,077M | |||
| 06:00 | CH | CHF | Imports (MoM) | 1 | 14,652M | |||
| 08:00 | DE | EUR | IFO - Current Assessment | 2 | 115.0 | 114.8 | ||
| 08:00 | DE | EUR | IFO - Business Climate | 2 | 110.2 | 110.4 | ||
| 08:00 | DE | EUR | IFO - Expectations | 2 | 105.9 | 106.2 | ||
| 08:00 | IT | EUR | Wage Inflation (MoM) | 1 | 0% | |||
| 08:00 | IT | EUR | Wage Inflation (YoY) | 1 | 1.2% | |||
Official Interest Rates
| US: 0.25% | EMU: 0.15% | UK: 0.5% | JP: 0.1% | CH: 0% | CA: 1% | AU: 2.5% | NZ: 3.25% |
Live Spreads!
Current Trading Positions
| GBPUSD | Order | Entry | SL | TP |
|---|---|---|---|---|
| Admiral Markets | BUY LMT | @1.6950 | - | 1.7000 |
| Pattern Trapper | BUY LI | >1.7007 | - | - |
| AUDUSD | Order | Entry | SL | TP |
|---|---|---|---|---|
| RoboForex | LONG LMT | @0.9369 | 0.9390 | 0.9399 |
| USDCHF | Order | Entry | SL | TP |
|---|---|---|---|---|
| Pattern Trapper | SELL LI | <0.8952 | - | - |
Advertisement
MetaTrader: Platforms and Services
Download
MetaTrader 4
or MetaTrader 5
Use Trading Signals to copy trades
Buy Trading Robot in MetaTrader Market
Enjoy MT4 and MT5 Mobile Trading
Use Trading Signals to copy trades
Buy Trading Robot in MetaTrader Market
Enjoy MT4 and MT5 Mobile Trading
Most Popular Content
-
GBP/USD finds support near 1.7010
by FXStreet Jun 23, 10:45
-
EUR/USD testing lows near 1.3590
by FXStreet Jun 23, 07:46
-
EUR/USD hits fresh daily lows
by FXStreet Jun 23, 09:44
-
EUR/USD toying with 1.3600
by FXStreet Jun 23, 12:48
-
GBP/USD potential downside ahead? – Commerzbank
by FXStreet Jun 23, 07:19
-
Any surprises in UK PSNB data likely to be more market moving than usual - TD Securities
by FXStreet Jun 20, 06:31
-
Poor Eurozone PMI numbers should worry the ECB - FXBeat
by FXStreet Jun 23, 14:19
-
Forex Market Outlook on Asian Exotics USD/IDR: June 23, 2014
by AceTrader Jun 23, 08:03
-
US existing home sales rose for a second straight month In May
by KBC Bank Jun 23, 14:23
-
Strategic Currency Briefing
by Rockefeller Treasury Services, Inc. Jun 23, 12:53
-
The Dow and S&P 500 closed at new record highs on Friday
by ZuluTrade Jun 23, 07:29
-
Will Euro Be Able to Survive the Week Ahead?
by BK Asset Management Jun 22, 22:10
-
The Trend Trader for Forex
by Pattern Trapper Jun 22, 23:17
-
Australian Dollar at Risk as Markets Rethink Post-FOMC Reaction
by DailyFX Jun 22, 23:54
-
As good as it gets?
by Westpac Institutional Bank Jun 23, 04:51
-
Oil price should give up most of its recent gains in the weeks ahead - Commerzbank
Mon, Jun 23 2014, 15:07 -
AUD/USD extends 0.9445 rejection and tests 0.9420
Mon, Jun 23 2014, 14:55 -
GBP/USD holds above 1.7000
Mon, Jun 23 2014, 14:36 -
The Bond Trap
Mon, Jun 23 2014, 14:31 -
EUR/USD: quiet range persists
Mon, Jun 23 2014, 13:26
Today's Education Feature
Using beta to predict forex returns
The beta coefficient is a statistical measure that can be used to compare different items. The...
What to focus on when trading forex
How to Pull the Trigger Every Time
Ivan FX
Oil price should give up most of its recent gains in the weeks ahead - Commerzbank http://t.co/SoXhK2oClZ #Oil... http://t.co/SOrQqRu5L4
15:26
Greg Michalowski
GBPUSD looking back toward the 1.7000 level
where 100 hour MA is found too. Range is narrow but support holding. pic.twitter.com/oz9MCQZTjP
15:24
zerohedge
The Polish Peasants Party wants a “full and credible” explanation of the tape scandal.
15:22
Ashraf Laidi
مقابلتي مع الهداف بعد فوز الجزائر العظيم خارج ملعب بورتو أايجري
http://t.co/o2JYZKR0hK
#worldcup
@ElheddafJournal
15:19
Dale Pinkert
$USDJPY #fxroom eurusd usdjpy audusd gold spx crude oil analysis http://t.co/J4q11IIUeA Dale gets the week Rolling #fxroom
15:19
Ashraf Laidi
My interview w/ outside the stadium after Algeria won 4-2 over S.Korea
http://t.co/o2JYZKR0hK
@ElheddafJournal
15:18
Dale Pinkert
RT @The_Oxford_Club: After a couple of technical glitches, Alex Green is now live w/ @ForexStopHunter @FXStreetNews. Click to listen: http:http://t.co/Iy427Bjm7s
15:17
Matt Weller
#EURGBP
is still stubbornly consolidating near 1.5-year lows in the
upper-.7900s - the 78.6% Fibo of the July '12 to Feb '13 rally is .7980
15:16
Order Flow News
Equities still a bit suppressed, but have come
back up from their worst levels; markets as a whole getting dull at this
point
15:16
15:15
Katie Martin
RT @peter_tl: Before Netherlands-Chile, watch the Chilean miners' World Cup video: http://t.co/2SINhgEvH2
& the Dutch reply: http://t.co/tahttp://t.co/taEgCWJTtJ
15:09
15:06
European Commission
RT @eu_eeas: The Council agrees on CSDP mission for security sector reform in #Ukraine http://t.co/SSg8qgq2tu #FAC 9/9
15:04
Gus Farrow
Polish MPs ridicule Cameron's 'stupid propaganda' aimed at Eurosceptics http://t.co/PDeBA42bff $EURUSD Guardian
15:00
Latest from the FX Social Network
-
PROredart commented a blog post 36 minutes agoWHAT I SEE
EU scalping short at 1.3595 read more -
Francesc Riverola has a new status 41 minutes agoJPMorgan: Stay short GBP/USD, GBP/CAD and CAD/MXN. read more
-
Francesc Riverola has a new status 43 minutes agoDeutsche Bank: Trendiness has risen in G10 FX. Uniformity continues to be very low, while volatility is glued to the floor. read more
Interested in forex trading?
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
FxPro sponsors FXStreet for advertisement purposes only and does not endorse products, services, or companies represented on FXStreet.
©2014 "FXStreet. The Forex Market" All Rights Reserved.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
FxPro sponsors FXStreet for advertisement purposes only and does not endorse products, services, or companies represented on FXStreet.
©2014 "FXStreet. The Forex Market" All Rights Reserved.
Subscribe to:
Comments (Atom)



























