February 26, 2013
EUR/USD: Breaches Fibo support at 1.3070
This sell-off in EUR/JPY is also having major technical consequences for EUR/USD, which has just…
February 25, 2013
EUR focus: Elections, real money and Moody’s
The results of the Italian election will start emerging around 15:00 GMT and volatility will…
February 25, 2013
EUR/JPY: Now almost 200 pips higher than the NY close
EUR/USDJPY crossesEUR crossesGBP crosses
Both EUR/JPY and EUR/GBP have made big moves higher and as I surmised last night, it's likely to be…
February 25, 2013
Cable makes new lows below 1.5130, USD/JPY gaps 100 pips higher
The early interbank market is up and running and cable has traded to fresh trend lows near 1.5100…
February 21, 2013
Levels to watch during European trade
EUR/USDJPY crossesAUD,NZDGBP crosses
AUD/USD: 1.0200 is where barriers are reported and Sovereign-type bids are also expected. EUR/USD:…
February 21, 2013
EUR/USD: Consolidating below 1.3260 heading into the European open
Looks like the bears might be in charge for the moment with the USD taking a big boost from the…
February 21, 2013
EUR/USD stagnating around 1.3275
Its been very quiet in the Asian FX market with nothing of note happening at all. EUR/USD is stuck…
February 21, 2013
EUR/JPY intraday moves dependent on what happens at 1.3260 in EUR/USD
I favour a test of the lower end of the EUR/JPY pennant formation which comes in around 122.00. In…
February 21, 2013
GBP playing catch-up in the race to the bottom
EUR/USDEUR crossesAUD,NZDJPY crosses
The FOMC surprisingly took a breather from the currency race to the bottom and the GBP has now…
February 20, 2013
EUR still flying on the crosses
Asia has always been eager to buy the EUR, since the EUR/JPY exploded higher a few months back, and…
February 19, 2013
EUR/USD: Most of the big banks seem to be bearish
Of course it depends on which analyst you listen to with banks often giving out two conflicting…
February 19, 2013
EUR/USD: Best to wait and see but longs still preferred
If I absolutely had to take a position in EUR/USD at the moment, I'd prefer to be long with a stop…
February 19, 2013
Short-term technicals updated
Technical AnalysisAUD,NZDJPY crossesEUR/USDUSD/JPY
EUR/JPY; still in pennant formation. USD/JPY; possible topping formation. AUD/USD; starting to…
February 18, 2013
Pretty lean pickings during Asian trade
Trade IdeasAUD,NZDEUR/USDUSD/JPY
The Yen has had a bit of movement after the G20 weekend but I think we all expected a bit more than…
February 15, 2013
Short-term technicals updated
Technical AnalysisAUD,NZDGBP crossesEUR/USDJPY crosses
I've updated some of the shorter-term technicals in the members section: EUR/JPY; still trading in…
February 14, 2013
Not the time to be trading off economic data
The EUR got smashed 50 pips lower on poor German GDP data but the market is presently being driven…
February 13, 2013
USD outlook: Still fancy a higher USD in shortish term
USD/JPY is leading the way and with the Japanese corporate community significantly over-hedged,…
February 13, 2013
EUR: Overall market sentiment has improved dramatically
The EUR is moderately higher across the board today and based on recent surveys in the professional…