There are talented traders in the FX market
Latest From The Blog
I'm not sure if its the same player or not who hoovered this pair up earlier in the week but once again we are seeing a sharp rise early in the London session. Technical target is still 1.3800 for this pair and dips should be limited to 1.3100 barring some
Risk off sentiment has definitely been the predominant factor in Asia trade over the last two days. The Nikkei had risen by 80% since early November so I guess its no surprise to see it starting to ease off a bit. If the Nikkei eases, then the Yen crosses should
This pair is really starting to follow technical rules and is worth following for further signals. This morning's open at 99.50 was at a very strong resistance level and we have fallen 125 pips now from there. The Australian stock-market is almost 2% lower and the Nikkei has gone from
Yesterday's moves showed us yet again how unpredictable the markets can be and that big moves in either direction are very possible. I've greatly reduced my overall positioning (now only moderately long USD/CHF) and I think it's a good time to sit back and wait for extreme spikes to give
The local sharemarket is down by 1.75%, not quite the big 7% fall that Japan had yesterday albeit after an 80% rally since November! The AUD is struggling alongside the sharemarket and is trading almost 100 pips lower from this morning's highs.
Let Us FInd You
Register now and utilise our collective experience in funds management, the FX market and compliance.