November 28, 2012
EUR/JPY: Triggers trailing stops below 105.70
The next level to watch is 105.35/40 with stops and bids reported near same level. We might see the…
November 28, 2012
EUR/JPY gets close to testing support levels
Looks like the bears might have the better cards here in short term and it's probably only a matter…
November 27, 2012
EUR/JPY: Fresh longs in play
This could be a bit of a longer term trade, let's see how it develops, and if you fancy following…
November 27, 2012
Quick overview of the Asian market
EUR saw plenty of volatility as Greek-debt headlines hit the newswires: The overall new debt terms…
November 27, 2012
EUR/JPY: Trailing stops reported below 106.00
Just a reminder that there are stops reported below 106.00. Guess we can't complain about the…
November 26, 2012
EUR catches an immediate bid tone in early Europe
Flows and OrdersEUR crossesEUR/USD
EUR/USD and EUR/GBP are trading at session highs as the European trading day gets underway. Next…
November 23, 2012
EUR/USD session outlook: Should struggle ahead of 1.2900
Flows and OrdersEUR crossesEUR/USD
EU council meeting starts shortly but headlines are unlikely for quite some time: The EUR did well…
November 22, 2012
EUR/JPY dispatches another technical resistance level
Technical AnalysisEUR crossesEUR/USD
This very strong trend continues to power ahead and weekly trendline resistance near 106.20 has…
November 22, 2012
Quick overview of Asian FX market
Fairly quiet in Asia ahead of long weekend in the US: Nikkei +1%, Hang Seng +0.6%; Gold $1731/oz:…
November 22, 2012
EUR/JPY: Pulls back off weekly trend-line
Technical AnalysisEUR crossesUSD/JPYJPY crosses
The weekly trend line which I mentioned earlier ("first main level to watch today is in EUR/JPY…
November 22, 2012
Market still overall short of EUR
It's very logical to be short and bearish of the EUR given the situation in Greece and Spain but…
November 21, 2012
EUR/JPY looks to have well and truly broken higher now
This Yen weakness is impossible to staunch it would seem and the latest in a long line of really…
November 21, 2012
EUR/JPY still needs to comprehensively break above technical resistance
There was a marginal break above 104.80 today but this resistance still needs to be comprehensively…
November 21, 2012
EUR: Reaction to EZ FinMin headlines way overdone
The market hadn't categorically expected any developments from the FinMin meeting but I guess the…
November 21, 2012
EUR/USD orders: No bids until 1.2700
You gotta be very quick in this game and EUR/USD gave us all a very brief opportunity before…
November 21, 2012
EUR/USD session outlook
Obviously EUR/JPY will be the main driving influence and what happens at 104.80: The market seems…
November 21, 2012
EUR/JPY technicals: Important resistance close by at 104.80
Technical AnalysisJPY crossesEUR crosses
The 61.8% retracement of the 5-wave down-move from 111.40 to 94.10 comes in at 104.80. The…
November 20, 2012
EUR/USD session outlook: Moody’s downgrade of French bonds will affect sentiment
The EUR has unsurprisingly fallen across the board after Moody's downgraded French government bonds…