May 19, 2014
EUR: Everyone’s getting very bearish
Firstly, recent history would suggest that we are much more likely to see range trading markets…
May 16, 2014
Watch weekend press closely for Bundesbank comments
My German trading Freunde are expecting so read some clarification in the weekend press regarding…
May 16, 2014
EUR/USD: Support levels confirmed, buy dips with tight-ish stops
Plenty of stops got done yesterday amid unusually heavy turnover across all EUR pairs during early…
May 16, 2014
USD/JPY: Next on the ‘get all stops done’ list
Yesterday we saw a stop-loss run in EUR/USD down through 1.3650 and with EUR/JPY now firmly…
May 15, 2014
EUR/USD: 1.3650/70 looming as critical support level
The market was bullish EUR/USD at 1.3950 pre-ECB and is now bearish 250 pips lower. The dovish…
May 14, 2014
EUR/USD finding support from ACB buyers
The Bank of Korea intervened very heavily during Asian trade, buying USD/KRW, and they will…
April 30, 2014
EUR/USD: Bears get some hope from overnight dip but…
It seems to me that the majority of traders, both professional and retail, are bearish EUR/USD.…
April 28, 2014
Cross flows driving EUR/USD higher
Flows and OrdersEUR crossesFXWW NewsEUR/USD
Cable caught a bid tone on the back of M&A chat; EUR/GBP is well bid on the back of…
April 23, 2014
EUR/USD: Totally at mercy of the crosses
I do not expect EUR/USD to move too far away from current levels over coming sessions. All the…
April 10, 2014
EUR/USD: Obvious resistance nearby at 1.3875
There is a previous daily high at 1.3875 which offers an obvious resistance level; Crosses are…
April 9, 2014
EUR/USD: Sideways trading preferred with both currencies looking weak
The EUR is looking weak on the crosses; the short-term EUR/GBP bull trend has broken down, the…
April 7, 2014
EUR/USD: Important support nearby, expect stops aplenty below 1.3650
There is important technical support near 1.3670 which held nicely on Friday and needs to be…
April 4, 2014
EUR/USD: Strong technical support levels nearby
100-dma at 1.3688 Trend-line from 1.2750 also near same level at 1.3685 61.8% retracement at…
April 4, 2014
EUR/USD: Approaching critical support levels
The important support levels in EUR/USD in my opinion are around 1.3650/80. If this band of support…
April 3, 2014
ECB under increasing pressure for more ‘accommodative’ policy
Overnight we heard from the IMF's Christine Lagarde, calling on the ECB to ease policy further as…
April 1, 2014
EUR/USD: Another range-trading pair
Crosses remain mixed with EUR/GBP now in neutral, EUR/JPY turning bullish and EUR/AUD definitely…
March 31, 2014
EUR/USD: Market turning bearish, I prefer to range trade
EUR crosses are mixed with EUR/JPY turning bullish, EUR/GBP back to neutral, and EUR/AUD now quite…
March 28, 2014
EUR still looks heavy as crosses continue to weigh
The EUR has lost more ground against all of the other majors; EUR/JPY is sitting right on…