Interim profit booked in EUR/CHF


As I mentioned yesterday, I left a 'floater' at 1.2485 and it got filled overnight, taking 80% of…

EUR still powering upwards


The EUR is higher across the board driven by EUR/JPY, EUR/CHF, EUR/GBP and EUR/AUD. I'd expect…

USD/CHF surging early in European trade


EUR/CHF is back at recent highs near 1.2420 and that big optionality at 1.2500 is beckoning even…

Range trading in the main during Asia but some big moves to come


AUD/USD triggered weak stops below 1.0500 after poor jobs data, AUD looks weak on crosses:…

Massive order levels in AUD/USD, EUR/CHF and GBP/USD


I've updated the orders in the members section and the highlights are as follows: AUD/USD; large…

EUR/CHF: Heavy in early Europe as big Swiss players sell


The 38.2% retracement of the 1.2080/1.2410 rally comes in at 1.2285 so that's a possible target for…

EUR/CHF: Looks a lot like EUR/JPY a few weeks back


Remember that EUR/JPY was nearly 20 big figures lower a few weeks ago and it's really only been a…

EUR/CHF: Super heavy optionality at 1.2500


Reports from the interbank options market say that this is the big level to watch and is likely to…

CHF/JPY: Taking some profit off the table


I shorted this pair yesterday morning and a 200 pip profit is not to be sneezed at. I'm taking 60%…

EUR/JPY: Still like 117/120 consolidation range


There is some debate going on as to exactly what was said by the EconMin but the reaction tells us…

CHF/JPY: Look to add to shorts on rallies back to 96.75


The comments from Japanese EconMin Amani showed that they are beginning to feel uncomfortable with…

EUR crosses on the move


There is a big difference between wanting to buy and needing to buy, and the current EUR move is a…

CHF/JPY: Looking for a selling opportunity


I think we are at the beginning of a period of major moves in the FX crosses that began with a…

Gold continues to fall; might the CHF follow soon?


The one big mover overnight in other markets was Gold, which crashed through technical support at…

Escalation in MiddleEast violence also spurs flight to safety


The sharp escalation in violence between Israel and the Palestinians in the Gaza Strip is also…

What the big Prime Brokers are reporting..


Not much is the short answer, though it seems many of the big hedge funds are quite neutrally…

EUR/CHF: Rumours that floor will be raised to 1.2200


With the 1st anniversary of the EUR/CHF floor almost upon us, rumours have started circulating that…