November 1, 2012
Update on overnight trades
You can follow all the details in the members section. The trailing stop on part of the EUR/GBP…
October 31, 2012
Looks like the SNB is done with its EUR selling, for now at least.
The EUR is also getting a lift after the latest SNB reserve allocation data was published (link is…
October 31, 2012
EUR/USD: Technicals and Sovereigns point higher
The danger with extended periods of range trading is that we go looking for reasons to break out…
October 30, 2012
EUR/GBP trade developing nicely
Technical AnalysisGBP crossesTrade IdeasEUR crosses
The potential base at the 38.2% Fibo near .8005 coupled with a possible basing pattern on the…
October 29, 2012
EUR bounces back as sellers lack momentum
The EUR has managed to bounce back across the board, with Sovereign dip-buyers and lack of news…
October 29, 2012
EUR/JPY: Technical support at 102.35
EUR crossesTechnical AnalysisJPY crosses
That's the 50% retracement of 100.15/104.60.
October 29, 2012
EUR: Look to EUR/JPY for leads
There are still some sizeable long positions in EUR/JPY which may come under scrutiny before the…
October 29, 2012
EUR/GBP: Trade-idea developing for bulls
EUR crossesTrade IdeasGBP crosses
The 38.2% retracement of the 5-wave upmove from .7750 to .8160 retraced exactly 38.2% to .8005 and…
October 26, 2012
EUR/GBP: Still headed for .8500 by end 2012 according to a big German bank
That's an amazingly bullish view, 6% rise in just over 2 months, but at least they are brave enough…
October 26, 2012
Ranges to watch in early Friday trade.
JPY crossesAUD,NZDEUR crossesEUR/USDUSD/JPY
Obviously the Yen crosses are the main ones to watch: USD/JPY: Reports of a barrier at 80.50 and…
October 24, 2012
EUR/GBP nearing support levels at .8105/10 after weak German PMI
EUR crossesTechnical AnalysisGBP crosses
There is decent support in the EUR/GBP at .8105 which is bound to attract some buying…
October 19, 2012
Anyone else think EUR/JPY can go to 130+
EUR crossesTrade IdeasJPY crosses
I just popped in to see a hedge fund this afternoon on beautiful Sydney harbour and this is…
October 18, 2012
EUR/JPY: Perfect double-top, just to throw some doubt in bulls minds
EUR crossesTechnical AnalysisJPY crosses
This market just loves to throw some doubt in, just when the direction seemed clear. EUR/JPY…
October 18, 2012
EUR/CHF: Maybe I’m mad but I’m going long
When a pair refuses to move then it's best left alone and I've also got a half-rule which I'm about…
October 18, 2012
EUR: Macro funds still short after “ordinary” year
EUR/USDEUR crossesFlows and OrdersAUD,NZD
The chatter in the professional market is that most of the big macro hedge funds have had a pretty…
October 17, 2012
EUR/AUD: Up-trend intact but stochastic indicators suggest it’s overbought
AUD,NZDTechnical AnalysisEUR crosses
The up-trend on the 4-hour chart is clearly intact and a re-test of recent highs at 1.2825 is…
October 17, 2012
EUR/GBP technicals: Breaks down-trend line and daily highs
EUR crossesTechnical AnalysisGBP crosses
The down-trend line on the weekly chart has been severed and a daily high at .8115 has also…
October 15, 2012
EUR/USD: Stops reported above 1.2995 and again above 1.3020
Interbank dealers report plentiful stops situated above recent highs at 1.2995 which may be…