Flows and Orders/FXWW News/Open/Wrap

Market still in waiting mode: Levels to watch today are…

Not exactly sure what we are waiting for, but I hope it happens soon! The big storm in Europe undoubtedly contributed to the quiet conditions and NY was unable to generate any momentum.

Levels to watch today:

  • Cable; large stops below 1.6100
  • AUD/USD; real-money bids .9535/50 and technical support at .9520
  • USD/JPY; corporate sell orders 97.80ish and the 200-dma at 97.38
  • EUR/USD; decent sized sell orders 1.3825.

Leave a Reply

Your email address will not be published. Required fields are marked *