InstaForex

Your forexlive.com ENewsletter

Monday, June 24, 2013

Your forexlive.com ENewsletter

Link to ForexLive

Trading Ideas 24 June

Posted: 24 Jun 2013 01:54 AM PDT

Ok folks, it’s that time of day again when we invite you share your trading ideas and thoughts with your fellow ForexLive community

Reasons welcome as always

AUDUSD pops 0.9150 barrier option interest

Posted: 24 Jun 2013 01:45 AM PDT

Low posted 0.9148 ahead of good technical support at 0.9143 ( 38.2% of 0.6009-1.1081 retracement)

Currently 0.9165

Nelson Mandela still in a critical condition

Posted: 24 Jun 2013 01:26 AM PDT

SA president Zuma out on reuters saying that former president Mandela remains in a critical condition

Doctors are doing everything possible to ensure his well-being and comfort

EURGBP orders

Posted: 24 Jun 2013 01:17 AM PDT

Currently 0.8527 having found good support at 0.8500

Sellers  0.8535,0.8550,0.8570,0.8580,0.8590,0.8600

Buyers 0.8500,0.8480,0.8470,0.8445,0.8420,0.8400

AUDUSD orders

Posted: 24 Jun 2013 01:15 AM PDT

Currently testing the 0.9150 barrier option support again

Sellers 0.9190,0.9200,0.9225,0.9250,0.9275,0.9300,0.9320

Buyers 0.9150*,0.9140,0.9120,0.9100*,0.9085    * barrier option related

EURJPY orders

Posted: 24 Jun 2013 01:10 AM PDT

Currently off its 129.22 highs at 128.90

Sellers 129.20,129.50,129.80,130.00,130.50,130.80,131.00

Buyers 128.60,128.40,128.00,127.80,127.50

Italian consumer confidence june: 95.7 vs 86.3 exp

Posted: 24 Jun 2013 01:02 AM PDT

  • 86.4 prev revised up from 86.4

German IFO business climate june: 105.9 vs 105.9 exp

Posted: 24 Jun 2013 01:00 AM PDT

  • 105.7 prev
  • current conditions 109.4 vs 109.6 exp   110.00 prev
  • expectations 102.5  vs 102 exp  101.6 prev

Nothing of note here. EURUSD 1.3106 after a quick rally to 1.3114 prior to release

Add:

  • IFO economist Wohlrabe says improved outlook driven by export expectations
  • auto industry main contributor
  • negative and positive effects of floods on GDP to be seen in coming quarters
  • no clear trend for retail and wholesale sectors but stable
  • real economy yet to see the impact of latest ECB and Fed policies

 

Coming up at the top of the hour- German IFO

Posted: 24 Jun 2013 12:57 AM PDT

out shortly

GBPUSD orders

Posted: 24 Jun 2013 12:55 AM PDT

Lower again after failing to get above 1.5380 on the recent rally. currently 1.5367

Sellers 1.5385,1.5400,1.5410,1.5420,1.5450,1.5470,1.5490,1.5500

Buyers 1.5350,1.5330,1.5315,1.5300,1.5270,1.5250

USDJPY orders

Posted: 24 Jun 2013 12:52 AM PDT

Seeing a few sellers in the last half hour. currently 98.29

Sellers 98.50,98.60,98.70,98.85,99.00,99.20,99.50,99.80,100.00

Buyers 98.10,98.00,97.80,97.60,97.50,97.20,97.00, 96.80

EURUSD orders

Posted: 24 Jun 2013 12:19 AM PDT

Currently a little higher again at 1.3096

Sellers 1.3120,1.3130,1.3150,1.3180,1.3200, 1.3220,1.3250

Buyers 1.3075,1.3050,1.3030,1.3020,1.3000

Spain’s De Guindos says Q2 growth will be close to flat

Posted: 24 Jun 2013 12:17 AM PDT

The econ min out on reuters

  • returning to growth in Q3
  • says govt will carry out deep review of tax system and propose changes in 2014

It’s risk-off time again

Posted: 24 Jun 2013 12:14 AM PDT

A combination of the uncertainties over Fed tapering, Chinese growth and liquidity problems, plus the EU’s inability to sort out an acceptable bail-out plan are all adding to a fresh wave of doom, gloom and caution

GBPUSD down to 3 week lows around 1.5350

EURUSD lower at 1.3083

European equity markets open lower

Posted: 24 Jun 2013 12:08 AM PDT

  • FTSE -0.1%
  • DAX -0.1%
  • CAC 40 -0.3%
  • IBEX -0.3%
  • FTMIB -0.9%

Aussie dollar under pressure again

Posted: 23 Jun 2013 11:46 PM PDT

AUDUSD posting overnight lows of 0.9161

Higher bond yields and liquidation of Australian assets being cited as main reasons

Barrier option related aupport seen ahead of 0.9150

EURAUD 1.4297  GBPAUD 1.6770

Eurostoxx 50 lower in early trading

Posted: 23 Jun 2013 11:07 PM PDT

  • down 0.7%
  • FTSE futures -0.4%
  • DAX futures -0.8%
  • CAC 40 -0.2%

German bund futures opened 54 ticks lower at 140.85

Now 140.80 , the lowest since Oct 2012

Nikkei closes down 1.26% at 13,062.78

Posted: 23 Jun 2013 11:03 PM PDT

  • -167.35 points
  • high 13,426.13
  • low 13,026.23

USDJPY 98.37

Nikkei posts new daily lows

Posted: 23 Jun 2013 10:45 PM PDT

Now down 1% at 13,092.42

USDJPY  a little lower at 98.43 from 95.54 recent highs

Nikkei off its lows and trading quietly

Posted: 23 Jun 2013 09:58 PM PDT

Currently going nowhere fast at 13,164 from lows an hour ago of 13,140.

High posted earlier 13,426

USDJPY still drifting back down slightly at 98.38 from 98.70 highs

0 comments: