October 11, 2012
EUR/USD: Weak trailing stops triggered below 1.2850
EUR/USD is back below 1.2850 in the aftermath of the S&P downgrade of Spain. Dealers report…
October 10, 2012
AUD/USD making fresh intraday highs
Flows and OrdersAUD,NZDEUR/USDEUR crosses
Liquidity is quite poor still in the interbank market, better than yesterday but still quite poor.…
October 10, 2012
EUR/GBP Technicals: Market pulled up shy of important technical resistance
Technical AnalysisGBP crossesEUR crosses
Anytime a market falls just short of a technical target and then retraces sharply, we need to…
October 10, 2012
EUR/USD: Short-term bearish bias but still in overall range-trading mode
Technical AnalysisEUR crossesEUR/USD
I'm still in overall range-trading mode on EUR/USD but the events of last night have given some…
October 9, 2012
EUR/USD: Macro fund sold heavily above 1.2980 causing domino-effect selling
Flows and OrdersEUR crossesEUR/USD
One of the bigger macro funds hit all of the major electronic platforms at once, causing the steep…
October 9, 2012
EUR/GBP: Approaching important technical resistance levels
EUR/GBP has bounced back nicely over the last 8 days and now looks set to test daily…
October 8, 2012
EUR/JPY: Technically still prefer the sell-big-rally play
The daily chart completed a nice 5-wave pattern from 111.40 to 94.10 and we look to be in…
October 5, 2012
EUR/USD: Still prefer sell-rally bias in short-term
Technical AnalysisEUR crossesEUR/USD
The market has been buying EUR across the board for the entire week, with the single currency…
October 4, 2012
EUR risk events: Spanish bond auction and ECB decision
Spain will sell up to EUR 4bln of 2014, 2015 and 2017 bonds: No rate change expected from ECB:…
October 3, 2012
EUR/USD: Nice bounce out of early European lows
Very solid bids at 1.2870 are underpinning the EUR/USD and the pair pulled up at 1.2880 before…
October 3, 2012
EUR/GBP: Should be a battle royale at .8020
One bank reports heavy sell orders at .8020 and the other reports heavy stops above .8020; should…
October 1, 2012
EUR/GBP volatility set to continue
There was some huge volume in EUR/GBP to finish last week and the London fix was reportedly the…
October 1, 2012
Back to normal after huge week of flows
The end-of-financial-quarter brought a massive week of flows which started mid-week with…
September 28, 2012
Stop-loss buying in EUR/USD
Flows and OrdersEUR crossesEUR/USD
Leveraged players are cutting short positions ahead of the weekend, according to one of the bigger…
September 25, 2012
EUR crosses touch Fibo supports
Technical AnalysisEUR crossesEUR/USD
EUR/JPY touched the 61.8% support level at 100.20 mentioned below and EUR/GBP pulled up just shy of…
September 25, 2012
What the big Prime Brokers are reporting..
OthersEUR/USDEUR crossesGBP crossesAUD,NZDJPY crosses
Not much is the short answer, though it seems many of the big hedge funds are quite neutrally…
September 25, 2012
Asian market open
EUR/USDEUR crossesGBP crossesAUD,NZDJPY crosses
You can read my opening comments on FX Street.
September 21, 2012
EUR/USD outlook: Range trading favoured; crosses nearing support levels
EUR/GBP has very solid support at .7960/70 and buying dips towards there certainly makes sense…