Ammeo

Loading up EURGBP longs after UK retail sales missed and Eurozone PMIs beat. In at 0.7925 SL at 0.7900. Targeting 0.8150. Short positioning in the pair is pretty big and it looks possible that sentiment in both currencies could swing a bit in the other direction.

EUR/JPY is pushing USD/JPY up.. so, good EUR data. Also bad GBP retail sales data making USD stronger.

gold made a major break down on the 4 hr chart,with a downtrend daily chart,now i doubt if it can go up to 1310 before seeing 1260

Closed 2 buy scalps opened big short on fibo level i think im keeping this one if US oil inventory is better than expected.

Looks like its going to 1.7018 first then maybe higher

added small long at 470. sl 465.

Resistance at 1.70550 if we break that most likely I exited my long for now going to re enter if we break above this point. and there we go lol... Targeting 1.70675

If 1305 holds it will make a great double bottom on the daily and 4 hour chart. Next target would be 1334

Looking at the Daily it does show that it was bought back up on Monday. Nice pin bar we could see a movement back up in the short term and looks like an easy 100 pip long IMO.

From the daily chart, support is around 101.14, me still think that there is going to be a breakout to 102 level this coming week.

added a long @ 1309 with SL @ 1298

Yen Rises to 5-Month High Versus Euro on Haven Bid The yen strengthened to a five-month high against the euro after reports a Malaysian jet carrying 295 people was shot down over eastern Ukraine near its border with Russia, boosting haven assets. The ruble weakened the most in four months against the dollar as the U.S. and European Union imposed extra sanctions on Russia yesterday over the Ukraine conflict. A gauge of the dollar dropped from a four-week high as a report showed U.S. housing starts fell to a nine-month low. Japan’s currency gained versus all of its 31 major peers as U.S. stocks fell with European and Asian shares and Treasuries rose. “It certainly looked like we were going to have a little bit of a pullback, a little bit of a paring of risk, and it seems that has continued,” said Fabian Eliasson in foreign-exchange sales at Mizuho Financial Group Inc. in New York. “There’s been a little bit of yen buying and I would attribute that to a certain degree to a risk-off type of trade.” The yen gained 0.4 percent to 137.01 per euro at 2:17 p.m. in New York after reaching 136.92, the strongest level since Feb. 6. Japan’s currency strengthened 0.4 percent to 101.30 per dollar. The dollar was little changed at $1.3523 per euro. The Bloomberg Dollar Spot Index (SPX), which tracks the currency against 10 major counterparts, was little changed at 1,009.59 after climbing to 1,010.67 yesterday, the highest since June 20.

I think it is on the verge of breakdown. might take some time since cad behaves a bit differently but it will break 1.82 eventually and move towards 1.80 or 1.78

USDJPY showing clear signs of a break-down, but the same would be confirmed it breaks below the horizontal line support of the triangular pattern near 101.00-100.80. USDJPY then could be vulnerable to continue drifting lower below 100.00 psychological mark.

Long @1,7085 SL @1,7061

3503/27 my be a Long opportunity w/o a new low.

I meant Monday, not sunday.

The AUDUSD stays below the 0.9400 level, but it could open to the upside on sunday, because at the end of the session it tried to recover a little bit.

Seems that this pair has bottomed out based on daily, prepare for uptrend next week.

Peaked at 1339 for about 5 times on the hourly chart. Support seems to be forming ard 1335 level. Gold is making my nerves tingle although trend is still bullish atm. Positioning longs at 1340 level and hope to see a break through to 1360.

Fed fears risks posed by exit tools; plan almost done U.S. Federal Reserve officials are cautiously nearing completion of a new plan for managing interest rates, concerned that some of the new tools they are likely to rely on could pose unintended risks in a crisis. The central bank has devoted extensive debate to the matter over the past two months and officials "have made a lot of progress" on a strategy to return monetary policy to a more normal footing after years of coping with crisis, Chicago Federal Reserve Bank President Charles Evans said on the sidelines of an economic conference here. However, the sheer magnitude of the amounts of money used to combat the crisis - $2.6 trillion sitting at the Fed as bank reserves and $4.2 trillion held by the Fed in various securities - may complicate the U.S. central bank's ability to control its target interest rate once the decision is made that it should be raised. A decision to begin increasing interest rates is expected in the middle of next year.

The pair was likely to find support at 1.3589, Thursday's low, and resistance at 1.3651

If 1.7122 doesn't hold then could go for 1.7091 today. To the upside could touch 1.7181

Lagarde Hints at Global Forecast Cut Even as U.S. Rebounds International Monetary Fund Managing Director Christine Lagarde signaled a cut in the institution’s global growth forecasts, saying investment is still weak and that risks remain in the U.S. even as its rebound accelerates. “The global economy is gathering speed, though the pace may be a bit less than we previously predicted because the growth potential is lower and investment” spending remains lackluster, Lagarde told the Cercle des Economistes conference in Aix-en-Provence, France. The remarks underline the threats to global economic growth at a time when the U.S. Federal Reserve is trimming stimulus and the European Central Bank is fighting inflation that is less than half its targeted level. The IMF is preparing to update its economic forecasts this month after predicting April 8 that the global economy will expand 3.6 percent this year and 3.9 percent in 2015. Growth in the U.S., the world’s largest economy, is set to accelerate in coming months and Asia’s emerging market economies will avoid a hard landing, though the European recovery is still not as strong as it should be, Lagarde said.

USDJPY pull-back could actually extend till 101.80-102.00, but the pair seems to have broken down from its recent trading range. Would utilise this pull-back to initiate fresh short for initial downfall till 101.00-100.80 area and eventually to sub-100.00 psychological mark.