EUR/USD: Market turning bearish again but we’ve read this book before!


The market loves to be bearish EUR/USD but recent history suggests that the bears will struggle to…

EUR/GBP: Should provide some leads today during European trade


There are reportedly some very large stop-loss sell orders below the market, under .8460 I'm…

EUR/GBP: Much more likely to fall in medium/long term


Not that I'm recommending that anyone take a position in this 'tortoise' of a pair, but if you do…

EUR/USD: Still too hard for me, no idea where it’s going


Strong demand related to EUR/AUD flow but this is probably mostly done by now. EUR/JPY stop-loss…

EUR/JPY: Starting to receive some market focus again and looking shaky!


The word is that the big professional players are starting to book profits and if this pair breaks…

EUR looks like it could retrace somewhat on the crosses


EUR/GBP has failed on 4 separate occasions above .8590 and looks susceptible to a sharp drop…

EUR/USD: Still the trade most likely to stuff the most people


As we know, the FX market will usually go where it can cause the most people the most pain. To me,…

Crosses likely to provide highlights during European trade


EUR/AUD has continued its march higher today, the Yen crosses have remained quite heavy and I even…

EUR/AUD: No sign of bull trend to rest any-time soon


Local dealers report the hedge funds are still buying this pair and we've seen a quick 40 pip spike…

EUR/AUD: Fresh air on topside; new technical target at 1.3800


Unfortunately I'm not long anymore but I'm sure I will get plenty of opportunities in coming weeks…

EUR crosses still looking perky


Carrying on with the overnight trend, the EUR looks to be well supported against all of it's cross…

EUR/USD: Sell orders 1.2940/50 but EUR crosses staying bullish


The EUR is looking very strong again on the crosses, making gains against all the other majors over…

AUD opens slightly higher in quiet interbank trade


Not a lot happening in early interbank trade although the AUD is slightly higher, most likely…

Trade of the day: Buying EUR/JPY


Chart resistance at 131.00 has been breached. USD/JPY is through the big psychological barrier.…

FX market moving into classic cross-movement phase


I believe that pairs like EUR/AUD, GBP/NZD and the like are set for major moves higher. Have a look…

EUR/JPY intraday: Still prefer the buy-dip strategy


I was watching this pair closely on Friday night and it felt to me as if it had turned a corner…

EUR/JPY: Friday night’s price action suggests bull trend back on track


Anyone who traded through the NFP data on Friday probably has the same sense that I have, namely…

ECB: Overwhelming expectation of a 25bps refi rate cut


All 6 major bank reports that I've read today expect the ECB to cut the refi rate to 0.5% but leave…