December 3, 2013
Might be a good time to book some profits on EUR/AUD, GBP/NZD etc
Trade IdeasEUR crossesFXWW NewsAUD,NZDGBP crosses
Despite a big technical break yesterday, GBP/NZD failed to consolidate these gains and will close…
December 3, 2013
Look for USD strength to continue in coming sessions
Trade IdeasUSD/JPYFXWW NewsEUR/USD
USD/JPY is set on challenging recent trend highs at 103.70; Cable looks overbought to me in…
December 2, 2013
Cable: Target filled at 1.6410
Trade IdeasGBP crossesFXWW NewsFlows and Orders
The first of my longer term targets at 1.6410 has been filled. Remember that we've come from 1.50…
December 2, 2013
EUR/GBP: Stops triggered below .8290 in early interbank trading
Trade IdeasGBP crossesFXWW NewsFlows and Orders
I remember being on the receiving end of some dodgy GBP/DMK stops during early Monday morning trade…
December 2, 2013
AUD/USD: Tending toward a bullish bias intraday
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
Prime brokers reports suggest to me that the speculative market is largely short as they wait in…
December 2, 2013
Levels to watch Monday December 2nd
Trade IdeasFXWW NewsTechnical Analysis
EUR/GBP is edging below previous daily lows near .8290 and the bear trend is picking up some…
November 29, 2013
Trades to watch for, Friday November 29th
Trade IdeasGBP crossesFXWW NewsAUD,NZD
Stay long cable, this is a no-brainer in my view. I've cancelled my take-profit orders this…
November 29, 2013
AUD/USD: Technical contrarian trade
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
The recent fall has stalled thus far at a 76.4% retracement level near .9060; The short-term…
November 28, 2013
AUD/USD: Fibo retracement at .9060 providing technical support
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
End-of-month flows expected to be AUD/USD positive; Fibo support at .9060 (see chart) providing…
November 28, 2013
Cable: Close above 1.6260 will only add to bullish sentiment
Trade IdeasFXWW NewsGBP crosses
GBP/AUD has accelerated higher again and it's next technical target is weekly highs just below…
November 26, 2013
AUD/USD testing short-term resistance levels around .9200
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
There is some resistance on the hourly chart around .9200 and I would expect to find some trailing…
November 26, 2013
Trade ideas for Tuesday November 26th
Trade IdeasAUD,NZDFXWW NewsTechnical AnalysisGBP crosses
Cable has failed to break above 1.6260 and is threatening to retrace inside its consolidation…
November 25, 2013
EUR/USD outlook November 25th: More gains likely
Trade IdeasEUR/USDFXWW NewsFlows and OrdersEUR crosses
Decent demand reported over the last few sessions and banks expect this to continue; End-of-month…
November 25, 2013
AUD/USD outlook November 25th
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
Another speech from the RBA deputy-Governor later tonight so we can expect more verbal…
November 24, 2013
AUD/USD: Loss booked on long trade
My attempt at picking a short-term base in the AUD/USD was ill-conceived and I took a 73 pip loss…
November 22, 2013
AUD/USD and Cable update
Trade IdeasJPY crossesFXWW NewsFlows and OrdersGBP crosses
Prime broker reports stops just above 1.6200 in cable but sell orders also seen 1.6215/20 which…
November 22, 2013
Cable: Expect test of 1.6250/60 later today
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
Obviously talking my book here as usual but all the signs remain bullish for the GBP in my biased…
November 22, 2013
Major breaks on crosses should cause a re-think on AUD/USD, USD/JPY
Trade IdeasUSD/JPYFXWW NewsAUD,NZDJPY crosses
GBP/JPY made a significant move higher last night breaking above monthly highs at 163.00. It's…