July 26, 2013
USD/JPY seeing plenty of pre-weekend long-liquidation
Overnight lows at 98.90 have been breached and the next main level of technical support is at…
July 26, 2013
AUD/USD: Looking pretty solid mid-way through Asian session
AUD/USD rallied in a straight line form .9150 to .9275 much earlier this morning and the pull-back…
July 26, 2013
EUR/AUD, GBP/AUD set to reverse?
GBP crossesFXWW NewsTechnical AnalysisEUR crossesTrade IdeasAUD,NZD
Two separate technicians, who are usually very insightful, are telling me that these two crosses…
July 26, 2013
Don’t jump in this morning, wait and see if volatility returns
GBP crossesFXWW NewsEUR/USDUSD/JPYTrade IdeasAUD,NZD
The market has been bullish USD on the back of expected QE tapering for some months now. The…
July 26, 2013
AUD/USD: Sticking with longs, headed for 96 cents in next few weeks
Support levels near .9130/50 held yesterday despite some very heavy pressure and with the USD…
July 25, 2013
AUD/USD: Added to longs in early trade
Of course the AUD always looks worst at the bottom and it looks so bad now, surely this must be a…
July 25, 2013
AUD/USD: Longs should keep intraday stops below .9125
AUD/NZD has taken out 1.1500 after the RBNZ and we now must wait and see what the market reaction…
July 25, 2013
AUD/NZD sitting just above 1.1500 ahead of the RBNZ
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
The AUD is back towards the lower end of recent ranges against most of the other majors, after…
July 24, 2013
AUD/USD: Another topside test favoured in early London
We've got to remember that overall market sentiment remains bearish on the AUD but also that…
July 24, 2013
NZD/USD: Strong data but looks like plenty of sellers about
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
Maybe it's the drop in exports which is limiting enthusiasm but I would have thought that a much…
July 24, 2013
AUD/USD: Big level to watch is .9330/40
There are recent highs nearby at .9300 but I think the really important level is .9330/40. This was…
July 23, 2013
AUD/NZD: Good support still expected near 1.1500
FXWW NewsFlows and OrdersTrade IdeasAUD,NZD
I'm still hearing that there will be good support near 1.1500 in the Antipodean cross, might be a…
July 23, 2013
USD/JPY should continue to drift lower but….
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasUSD/JPY
Plenty of conflicting forces at play in the Yen pairs which should ensure volatility, but not all…
July 23, 2013
Don’t be short CHF if metals are rallying
I cut my long EUR/CHF position yesterday for a tiny loss once the precious metals started rising. I…
July 22, 2013
EUR/USD: Likely to test 1.3400 over few days
Despite political unrest in Portugal, the market seems to be quite happy buying EUR or at least is…
July 22, 2013
EUR/CHF: Chopping my longs for tiny loss as risk-aversion returns
FXWW NewsJPY crossesTrade IdeasOthers
I'm giving up on this pair yet again and taking my 20 pip loss. I bought a small position last week…
July 22, 2013
AUD: Weekend press reports not having any impact at moment
Australian Financial Review running a story saying that there will be a rate cut in August. The…
July 19, 2013
How to turn $20k into $1 million in 8 easy weeks
You think I'd tell you if I knew! But the up-side to tracking traders is that you eventually come…