== $ == Banks Orders Book == $ ==

[Abo Abdullah]

EUR/USD

[Abo Abdullah]

UBS - FX Strategy

FX Technicals

EUR/USD - BULLISH Initial resistance is at 1.3452, a break above which would open 1.3520 ahead of
1.3711. Support is at 1.3298 ahead of 1.3206.

USD/JPY - BULLISH The latest strength indicates potential for further upside to break through
resistance at 99.34, extending to 101.53. Support is at 96.91.

GBP/USD - NEUTRAL
Having advanced sharply, the pair is correcting and unwinding the sharp
advance. There is scope for more weakness to test the strong support at 1.5373.
Resistance is at 1.5718.

USD/CHF - BEARISH
As bearish conditions persist, there is scope for further weakness to test
important support at 0.9130. A move below which would expose 0.9022.
Resistance is at 0.9301 ahead of 0.9396.

AUD/USD - BEARISH There is scope for more weakness and support focus is at 0.8848, a break below
which would expose 0.8545. Resistance is at 0.9082 ahead of 0.9233.

USD/CAD - BULLISH
There is an important resistance range at 1.0609/58. With the trending and
momentum indicators pointing higher, there is scope for more upside to test
1.0804. Support is at 1.0456 ahead of 1.0422.

EUR/CHF - NEUTRAL Support is at 1.2268, a break below which would expose 1.2219. Resistance is
at 1.2378 ahead of 1.2434.

EUR/GBP - BEARISH The cross has been consolidating over the past few sessions and any further
recovery should find resistance at 0.8606. Support is at 0.8505 ahead of 0.8398.

EUR/JPY - BULLISH With the trending and momentum indicators pointing higher, scope for a move to
test important resistance range at 132.74 and 133.80. Support is at 130.29
.
*NOTE: The trend for each currency pair as defined in the table is determined by our proprietary model and is independent of our discretionary interpretation
of price action
Source: UBS FX Strategy

[Abo Abdullah]

Westpac Weekly Outlook

[Abo Abdullah]

EUR/USD – Some stops noted through 1.3410, but ACB offers also rest in that area

AUD/USD – Stops above .9060 becoming vulnerable with USD weakening

[Abo Abdullah]

EUR/USD

[Abo Abdullah]

Tracking USD Long Set-Ups While EUR Is Below 1.3450 and USDCHF above 0.9145

We can see some USD strength at the start of this European morning coming back into the market which has been expected based on the latest intraday price action. We were looking for a three wave move down on USDCHF with our members, and so far we can see that pair found a bottom nicely around 0.9190 from where we can see some encouraging upside reaction. Looks like we could be heading back to 0.9290, and possibly 0.9330 this week.
EURUSD also now reversing from our »do or die« level placed at 1.3400, but still need a channel break and impulsive structure (five waves down) from above 1.3400 to make sure we are going lower.
By: Gregor_Horvat

[alameen911]

السلام عليكم ورحمة الله وبركاته

بسم الله ماشاء الله تبارك الله عين الله تحفظك يا سمي واسمحلي ان القبك بلقب آمل أن يليق بك (( ملك العمق التحليلي ))

بارك الله فيك وسدد خطاك

محبكم / أبو عبدالله ((صقر1))

[Abo Abdullah]

السلام عليكم ورحمة الله وبركاته

بسم الله ماشاء الله تبارك الله عين الله تحفظك يا سمي واسمحلي ان القبك بلقب آمل أن يليق بك (( ملك العمق التحليلي ))

بارك الله فيك وسدد خطاك

محبكم / أبو عبدالله ((صقر1))

حياك الله اخي الغالي ابوعبدالله وشكرا على كلماتك الطيبه ونورت الموضوع , والله يحفظك ويرزقك من

غير حساب من حيث تحتسب ومن حيث لاتحتسب ان شاء الله , تحياتي وتقديري لشخصكم الكريم.

[Abo Abdullah]

Bank Of America - Buy the USD/JPY dips for the long

Currency strategists at Bank of America Merrill Lynch say to buy USD/JPY dips beginning at 98.00 and adding at 97.50 and 97.00. The target 105.80/106.00 initially and then 109.80 with a stop at 95.80.

I think the USD/JPY chart is the most interesting thing in the market right now. A break above the downtrend will spark some fireworks.

[Abo Abdullah]

Erste Group - Trends & Levels For EUR/USD, EUR/JPY, & EUR/CHF

[Abo Abdullah]

Morgan Stanley Doubles Bets On USD/JPY longs, Holds Cable Shorts

Morgan Stanley changed its bets and tactical trades on the JPY 180 degrees in just a couple of weeks. Back in Mid August, MS was tactically bullish on the JPY with three positions against the EUR, GBP, and NZD.

A weak later, MS turned tactically bearish on the JPY closing all of these 3 positions and opening a long USD/JPY via a limit order at 97, with a stop at 95.75 and a target at 106. Seeing this as a high-conviction trade, MS added another long USD/JPY on Friday with the same target and stops as for the existing trade.

"We have decided to add to our long USDJPY position. With BoJ Governor Kuroda sounding more flexible about using additional monetary expansion to offset fiscal contraction, we believe the appropriate Japan policy mix is back on track. As investors regain confidence in Abenomics, risk appetite should rise supporting foreign outflows from Japan, weakening JPY further," MS says as a rationle behind this call.

MS also maintains a short GBP/USD position from 1.5570, with a stop at 1.5750, and a target at 1.4800.

"We remain bearish GBP as it will become more and more difficult for UK economic data to beat expectations, especially in an environment of ongoing deleveraging and low productivity. We look for the BoE to push back on the recent rise in front end rates," MS adds as a rationale behind this call.

[Abo Abdullah]

HSBC Says Go Short Cable Ahead Of Carney's Speech Targeting 1.5050

The BoE’s new governor Mark Carney gives his first speech on 28 August.

In this regard, HSBC thinks that it is possible that he is disappointed with the impact of his flagship forward guidance initiative which has subsequently seen 10Y gilt yields rise 20bp, rate expectations for December 2015 increase by over 30bp, and the trade-weighted GBP rally by 3%, and that he would likely have preferred the very opposite effect.

"As a result, GBP may weaken in the run-up to the speech for fear that he will try to work against these earlier market moves. For example, he could give particular prominence to the possibility of additional QE, a tactic which had fallen from favour among the majority on the MPC but has recently found support even from arch hawk Martin Weale. Under current circumstances of improving UK activity signals, introducing QE would clearly be targeted at reducing gilt yields and taking some of the steam out of GBP," HSBC projects.

"We prefer to play GBP downside against the USD. The rally from 1.4800 in July will have cleared out many of the tactical shorts, but the faltering once again ahead of 1.5750 suggests the appetite to switch to outright longs is not there," HSBC adds.

In line with this view, HSBC entered into a macro tactical short GBP/USD position with a target 1.5050, and a stop at 1.5820.

[Abo Abdullah]

EUR/USD

[Abo Abdullah]

EU summary

IFR- EUR/USD Opened New York 1.3370 vs Friday night's 1.3380 close; overnight range 1.3365/92 with traders ambivalent after no real consensus from either Fed officials or ECB council members in Jackson Hole. Talk that Greece may need another E10bn to meet a shortfall in 2014/25 accts weighed on the single ccy and helped dampen demand in New York. Awful US durable goods data -7.3% vs -4.0% sparked a rally to 1.3394 paid but talk of ACB sell orders above 1.3400 helped encourage profit-taking and the session fizzled out with small gains in US equities early in the day (tapering delay hopes) reversing in the afternoon. A Handelsblatt article in which ECB's Weidmann contested the need for a third Greek aid package suggesting they have other ways to deal with the expected shortfall garnered some attention. German IFO tomorrow and both ECB and Fed speakers on the dais in Sweden (Williams) US data Case-Shiller, consumer conf. & Richmond Fed. Wed German Gfk and M3 on tap. Peter.Wadkins at Thomsonreuters com Copyright (c) 2013 Thomson Reuters - IFRMarkets

[Abo Abdullah]

UBS Technical Outlook

FX Technicals

EUR/USD - BULLISH Initial resistance is at 1.3452, a break above which would open 1.3520 ahead of 1.3711. Support is at 1.3298 ahead of 1.3206.

USD/JPY - BULLISH The potential is for further upside to break through resistance at 99.34, extending
to 101.53. Support is at 96.91.

GBP/USD - NEUTRAL
Having advanced sharply, the pair is correcting and unwinding the sharp
advance. There is scope for more weakness to test the strong support at 1.5373.
Resistance is at 1.5718.

USD/CHF - BEARISH
As bearish conditions persist, there is scope for further weakness to test
important support at 0.9130. A move below which would expose 0.9022.
Resistance is at 0.9301 ahead of 0.9396.

AUD/USD - BEARISH There is scope for more weakness and support focus is at 0.8848, a break below which would expose 0.8545. Resistance is at 0.9082 ahead of 0.9233.

USD/CAD - BULLISH
There is an important resistance range at 1.0609/58. With the trending and
momentum indicators pointing higher, there is scope for more upside to test
1.0804. Support is at 1.0456 ahead of 1.0422.

EUR/CHF - NEUTRAL Support is at 1.2268, a break below which would expose 1.2219. Resistance is at 1.2378 ahead of 1.2434.

EUR/GBP - BEARISH The cross has been consolidating over the past few sessions and any further recovery should find resistance at 0.8606. Support is at 0.8505 ahead of 0.8398.
EUR/JPY - BULLISH With the trending and momentum indicators pointing higher, scope for a move to test important resistance range at 132.74 and 133.80. Support is at 130.29

*NOTE: The trend for each currency pair as defined above is determined by UBS proprietary model and is independent of its discretionary interpretation of price action.