Category in Technical Analysis

Global Liquidity Conditions: So what should we be trading in spot FX world?

Global liquidity conditions were, according to quite a few learned commentators (eg Morris Goldstein 1998 https://econpapers.repec.org/bookchap/iieppress/pa55.htm) a contributing factor in the 1997 Asian financial crisis as well as the 2008 global financial crisis. Now when I read through the interbank research in the FXWW-Messenger chatroom, its all about Repos, TOMOs, POMOs and bills! Credit …

EUR/USD: Short side favoured as crosses look bearish

EUR/AUD is back at longer term median levels near 1.55 (although the daily up-trend remains in place); EUR/GBP is headed back sub-.80 in coming months (imho of course); EUR/JPY as mentioned below, trying to form a topping formation below 143.00; EUR/USD weekly technicals suggest to me that we are more likely to move lower. I

AUD/USD: Initial resistance at .8820, look for stronger levels near .8870

The macro speculative market is piling into AUD/USD shorts, with .8500 seen now as a foregone conclusion and some starting to talk now of levels below .80 cents. Initial resistance is at previous lows of .8820/25 and a break above there will run into further headwinds near the .8870 breakdown level from earlier today. Sorry,