March 11, 2013
EUR crosses look well supported
With EUR/CHF and EUR/JPY still looking reasonably well bid, the short-term path of least resistance…
March 8, 2013
Cross plays starting to dominate USD strength
We had a phase a few weeks back when the EUR was all dominant on the crosses and EUR/USD rallied to…
March 7, 2013
EUR crosses firm once again in European trade
My targeted resistance level at 122.50/70 in EUR/JPY has been easily breached so I will not be…
March 5, 2013
EUR price action belies the bears
I've read some very bearish EUR analysis from very respected sources but I just don't think that…
March 1, 2013
EUR/GBP: Technical trade idea for bulls
Technical AnalysisTrade IdeasEUR crosses
One of the technical strategists I've been following has sent me a very impressive argument for…
March 1, 2013
Cable: Prefer to buy intraday dips for 1.5250 test
EUR/USDUSD/JPYGBP crossesTrade IdeasAUD,NZDEUR crosses
I still feel that last Friday's gap in late NY trade from 1.5250 is likely to be closed. I prefer…
February 28, 2013
EUR/CHF: Taking some profit off the table
I was lucky enough to buy at the lows on Monday when trend-line support held near 1.2125 and I'm…
February 26, 2013
EUR/USD: Sovereign buyers noted around 1.3020
I don't have any further information on size or type of buyer. My EUR/CHF trendline at 1.2125 (see…
February 26, 2013
Large end-of-month flows behind EUR selling
Thanks to JL for the heads-up that a few of the large investment banks are reporting very large…
February 26, 2013
EUR/CHF: Bid filled but not sure I want them now
I had a bid in the market to reinstate my long EUR/CHF position at 1.2130 and it's just been…
February 26, 2013
EUR/GBP, EUR/CHF turn lower
The trading Gods were waiting for me to say something about the lack of movement before unleashing…
February 26, 2013
EUR/CHF: Looking to buy at trendline near 1.2125
I was fortunate on three fronts yesterday; I was short EUR/JPY due to the ridiculous market…
February 26, 2013
EUR crosses: Looking bit oversold
EUR/JPY had a 'smell' about it all day yesterday and whilst I didn't expect such a big sell-off,…
February 25, 2013
EUR focus: Elections, real money and Moody’s
The results of the Italian election will start emerging around 15:00 GMT and volatility will…
February 25, 2013
EUR/JPY: Small short position in play
EUR crossesTrade IdeasJPY crosses
Prices have reached the top of the Pennant formation which I've been tracking (see members) and…
February 25, 2013
EUR/JPY: Now almost 200 pips higher than the NY close
EUR crossesGBP crossesEUR/USDJPY crosses
Both EUR/JPY and EUR/GBP have made big moves higher and as I surmised last night, it's likely to be…
February 22, 2013
Technicals updated
Technical AnalysisJPY crossesTrade IdeasEUR crossesGBP crosses
EUR/GBP has retraced to 38.2% level. EUR/JPY still inside the pennant formation. EUR/USD looking…
February 21, 2013
EUR/USD: Consolidating below 1.3260 heading into the European open
Looks like the bears might be in charge for the moment with the USD taking a big boost from the…