Flows and Orders/FXWW News

Levels to watch for in early European trade

  • EUR/USD: Sovereign buyers have been expected below 1.2970, but no confirmation yet.
  • USD/JPY: Next batch of sell orders at 101.25.
  • AUD/NZD: Watch for stops below 1.1725.
  • EUR/JPY: Next technical resistance at 131.30.
  1. Good evening Sean,

    No bright trade idea this morning from my part 🙁 . Everybody seems bullish on USD. I am surprised to see EUR/USD under 1.2950, we restart with the bad news flow, for how long ?? I am not really confident with this bearish move…To sum up, I am lost in this market. I guess, you could give some clues 😉 or I have to read your posts one more time ??? 😉

  2. I’m also a bit clueless Papillon, I’m still long cable which is looking bit better now that EUR/GBP has turned. All pairs are in tumble-dryer, up-and-down, round and round 🙂 Waiting for bright lights to come on still

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