EUR crosses: Still significant optionality at .8250 in EUR/GBP


This level in EUR/GBP is likely to be tested in coming sessions (PB); EUR/AUD- developing…

Dollar likely to stay well bid over holiday period


USD/JPY is trading at 5-year highs and the market is all bulled-up for more gains. I'm not joining…

EUR makes gains across the board as progress made on bank-plan


Reuters reported that the EZ is making significant progress in coming up with a plan to tackle…

Important levels close-by in EUR/USD and USD/CHF


Recent daily lows provide technical support for USD/CHF at .8880; Barrier options are reported at…

EUR/USD: Obvious target at 1.3830


EUR/USD traded to highs near 1.3750 in early interbank trade but has now settled back near 1.3710.…

EUR/USD: As always it’s a matter of finding the 200-pip range (1.3575/1.3775)


The EUR looks quite strong on the crosses with EUR/AUD consolidating gains and EUR/GBP rebounding…

Early European traders chasing stops in USD/JPY and EUR/USD


Stops tripped above 1.3625 in EUR/USD with more reported above 1.3640; Stops tripped below 101.90…

EUR/USD: Important level to watch today at 1.3625/35


A 61.8% retracement level at 1.3625 has been holding firm in recent days; Fibos are unreliable in…

Look for USD strength to continue in coming sessions


USD/JPY is set on challenging recent trend highs at 103.70; Cable looks overbought to me in…

EUR/USD outlook November 25th: More gains likely


Decent demand reported over the last few sessions and banks expect this to continue; End-of-month…

FX market open, week November 4th: Still looking to sell USD rallies


My opinion hasn't changed and I'm still looking to sell medium-term USD rallies in preparation for…

EUR/USD technicals: Clear target at 1.3420


5-wave up-move is currently retracing; Stalling for now at a minor Fibo but obvious support at…

Market staying in cross-trading mode


Higher than expected EZ unemployment and lower than expected CPI put more easing measures back on…

USD starting to look stronger but needs to break up against the EUR and JPY


AUD/USD has managed to break back below strong technical support at .9520 and cable has formed a…

FX market staying very slow mid-way through Asian trade


AUD a bit higher across the board with technical buying against the EUR and JPY helping the…

Sovereign buyers drive EUR/USD through 1.3800; 1.42 here we come


The barrier has been breached and stops above 1.3810 have been triggered after fresh demand was…

EUR continues to be very well supported


The strengthening Yuan is leading to some quite heavy EUR buying from Chinese interests; Sell…

NZD heading lower on crosses


AUD/NZD has broken above 1.1450 after the higher-than-expected Australian inflation data and now…