August 25, 2014
AUD/NZD: Gapping higher in stop-driven markets
FXWW NewsEUR/USDFlows and OrdersAUD,NZD
Firstly it was EUR/USD where the stops were targeted, now its AUD/NZD which is the market focus.…
August 25, 2014
Kuroda comments ensure USD/JPY opens higher
USD/JPY gapped higher on the Asian open, touching 104.40 in early interbank trade, after dovish…
July 23, 2014
EUR/GBP catching bid tone after BOE minutes
EUR/USD ran into some significant bids near 1.3455 a little earlier; The BOE minutes have just…
July 23, 2014
Usual rules still apply; sharp moves followed by sideways action
Unfortunately the early-European move in EUR/USD has followed recent market behaviour and started…
July 8, 2014
Professional market staying very bearish on EUR
Citi FX strategy 'trade of the week' is short EUR/USD; Morgan Stanley 'trade of the week' is short…
July 7, 2014
EUR/USD: Favour selling rallies keeping stops above last week’s highs
EUR crosses continue to look very heavy and the weekly close below .8000 in EUR/GBP certainly…
July 2, 2014
USD preferred ahead of EUR and JPY in medium-term
FXWW NewsEUR crossesEUR/USDJPY crosses
Plenty of people asking me about the big pairs, EUR/USD and USD/JPY, as this is what they are used…
June 19, 2014
Early Europe on the stop-loss hunt
All of the majors are higher against the USD in early European trade with well-chronicled stops in…
June 19, 2014
EUR/USD: Base above 1.3500 looking more secure
You know my thoughts on the EUR/USD by now, neither currency is worth buying. But the recent…
June 17, 2014
EUR crosses threatening to squeeze shorts
EUR/USD has stalled on a number of occasions at important technical support neat 1.3500 and there…
June 13, 2014
EUR: Likely to remain weakest of all major currencies
The EUR looks very sick on all of the major crosses and as they are the most recent addition to the…
June 10, 2014
EUR/USD: Not the time to be getting overly bearish
All of the signals are pointing toward a lower EUR/USD but the most important one, market momentum,…
June 6, 2014
EUR/USD: Massive short-covering after the event
Once a market starts trading sideways it finds it very difficult to suddenly generate impulsive…
June 5, 2014
EUR: Best left alone until after the ECB
The market has written in a reduced Refi rate, a negative Discount rate, and some extra LTRO-like…
June 4, 2014
Australian GDP the main event this morning
FXWW NewsAUD,NZDEUR/USDUSD/JPY
Another very quiet 24 hours in the FX market and all of the major pairs seem to be trading exactly…
June 2, 2014
USD sitting at interesting intraday levels against other majors
FXWW NewsAUD,NZDEUR/USDGBP crosses
EUR/USD: Back trading around 1.3635/40 which was the major breakdown level. The market has been…
May 30, 2014
USD set for further gains against the GBP, CHF and EUR #2
As I said earlier in the week, the USD looks set to make further gains against the big European…
May 22, 2014
EUR/USD: Starting to feel increasingly bearish
EUR/GBP is consolidating below previous support at .8160 and medium-term bear targets near .77 are…