January 14, 2013
Bullish EUR party starting to pick up steam
EUR/GBP, EUR/CHF and EUR/AUD have started to join EUR/JPY on the bull run and whilst the latter has…
January 11, 2013
EUR/JPY: Trading above double-weekly high at 117.75; clean break targets 123+
As we saw in cable a few weeks ago, be wary of technical breaks in thin markets! Nevertheless, a…
January 11, 2013
EUR rallies: EZ debt markets still the key
The market has been avoiding the EZ debt markets like the plague in recent years but a lot of…
January 4, 2013
EUR/USD not showing much inclination to bounce
EUR/USD is hanging around 1.3030 and not showing much inclination to bounce. I think we've become…
January 4, 2013
Switzerlands oldest private bank forced to close
The news that Wegelin and Co has been forced to close due to problems with their treatment of US…
January 3, 2013
EUR/JPY longs booking profits ahead of NFP tomorrow
EUR remains under pressure in fairly illiquid conditions and there have as yet been no reports of…
January 3, 2013
China official non-manufacturing PMI improves slightly to 56.1
Recent economic data out of Asia has been reasonably promising which would explain the seeming bias…
January 3, 2013
Cable: Prefer to buy dips after bullish break yesterday
Trade IdeasEUR crossesEUR/USDGBP crosses
We do need to be careful as we often get false breaks in thin holiday markets but for now I'm…
January 3, 2013
EUR session outlook
Trade IdeasEUR/USDFlows and OrdersEUR crosses
EUR/USD rose sharply yesterday in Asia on at times 'silly' EUR/JPY price action and then fell back…
January 3, 2013
Levels to watch for today during Asian FX trade
Flows and OrdersAUD,NZDEUR crossesEUR/USDUSD/JPY
USD/JPY: 61.8% retracement of 95.00/75.60 comes in near 87.60 which was the approximate high…
December 28, 2012
EUR/JPY: Next major technical resistance at 116.70
Technical AnalysisJPY crossesEUR crosses
116.70 is the 50% retracement of the big fall from 139.20 to 94.00 and should be respected, as the…
December 28, 2012
EUR/JPY: Still plenty of demand, buying dips favoured
The overnight highs at 114.30 should attract some profit takers during Asian trade but with EUR…
December 27, 2012
EUR/AUD m/t technicals: Pivotal resistance looming at 1.2925/50
Trade IdeasEUR/USDEUR crossesTechnical AnalysisAUD,NZD
Once again its best to look at the longer-term charts to get a feel for what might happen in…
December 27, 2012
EUR: Looks like market needs them
Flows and OrdersEUR crossesEUR/USD
Big difference between needing and wanting, and at the moment it looks like the market is in…
December 27, 2012
EUR/GBP m/t technical analysis: Bullish outlook for New Year move to .8800
Trade IdeasEUR crossesTechnical AnalysisGBP crosses
I normally don't start with a monthly chart, which is usually a waste of time, but in this…
December 27, 2012
EUR/JPY intraday outlook: Play edges of 112.50/114.00 range
Trade IdeasJPY crossesEUR crosses
Bulls still in complete control and no sign of any topping formations developing. I'd expect dips…
December 27, 2012
EUR/USD: Expect to stay rangebound between 1.3150/1.3300
The EUR is well bid on the crosses with EUR/JPY making a 16-month high and EUR/GBP, EUR/AUD and…
December 26, 2012
EUR looking sprightly on the crosses
The more time I've spent thinking about the EUR over the last few days, the more convinced I've…