Flows and Orders/FXWW News

Levels to watch in early European trade

  • AUD/USD: Expect this pair to stay now above .9025 and target more reported stops above .9110.
  • USD/JPY: Asian session highs at 96.95 offer the first level of resistance whilst Japanese Trust banks are reported buyers below 96.25.
  • Cable: Should be interesting again after yesterday’s volatility and I’d play a 1.5465/1.5525 range in early European trade.
  • EUR/USD: Option barrier at 1.3350 with stops above.
  1. Hi Sean,

    I’ve been following your blog about three months now. This month i started to make some profits after three years of losses. I’m really indebted to you. Your thought on how and where market moves make me understand better how to trade forex. I’m long audusd this morning and i hope your guide on the pair will be my first 100 pips profit.

    Thank you again.

    Cheers,
    Muhammad Omar

  2. 0.9126 is the yearly open. if it goes there expect the swiss to make some announcement. i have put in a silly order few mins back and ready to hold it for months

  3. EURAUD broken beneath SHS top neckline at 1.4755 … has retouched the break – a good R/R short with stop at 1.4780 – target 1.4520 and very solid trendline to go long at that level

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