September 10, 2014
Market getting carried away with bullish USD calls
Now every so-called analyst is trying to out-do his/her peers with bullish USD calls. In the last…
September 9, 2014
USD/CAD: Consolidation phase soon to end
With all of the movement elsewhere, I find it hard to imagine that USD/CAD will continue to trade…
September 9, 2014
AUD/USD: Back to test important levels near .9270
The price action around this .9270 level has been quite bullish in recent weeks and when we look at…
September 8, 2014
“It’s never too late to sell Sterling”
Well so the old market adage goes. The pound continues to look very weak and susceptible to further…
September 8, 2014
EUR/GBP: Buy short-term dips, sell medium-term rallies
I also do not like uncertainty, just like most traders, and a Scottisk vote to leave the UK would…
September 8, 2014
USD, AUD and CAD to remain well bid amid uncertainty elsewhere
The more aggressive ECB policy and uncertainty surrounding the Scottish referendum will continue to…
September 8, 2014
EUR/GBP: Resistance levels near .8035 holding for now
There was a nasty gap lower in the cable on the interbank open, with first prices quoted below…
September 7, 2014
GBP set for rocky Monday opening after latest Scottish polls
We can forget about Fibos and fundamentals tomorrow morning, it will be all about positioning after…
September 5, 2014
EUR/GBP: Shorts preferred for .7870 test
FXWW NewsGBP crossesEUR crosses
I prefer this pair in the short-term to others like EUR/CAD and EUR/AUD for the simple reason that…
September 5, 2014
Look for selling opportunities in the EUR crosses
Well done to all those patient EUR/USD bears who've stayed on this trade but for the rest of us…
September 4, 2014
Cable: ‘Superstitious rot’ but it’s nearing an historical pivot level for me
I've been trading cable for fast-approaching 30 years and there are some levels which stick in the…
September 4, 2014
NZD/USD: Bearish outlook after AUD/NZD breaks higher
Again I'm on the sidelines here after failing to read this move correctly. The immediate break in…
September 4, 2014
AUD bears beaten back yet again
Like I've mentioned a few times in the last few days, price action at .9270 in the AUD/USD has been…
September 3, 2014
USD/CAD: Reducing my short position
I have to be honest and admit that I don't really have a good grasp on why and when the market is…
September 3, 2014
EUR/GBP: Should offer good two-way trading opportunities
I haven't been trading this pair actively enough to have a strong grasp of what the big levels are,…
September 3, 2014
JPY weakness accelerates, GBP bulls blink
The medium-term sideways movement in USD/JPY looks to have been broken in favour of the bulls. I'm…
September 2, 2014
Cable: Longs stopped out below 1.6530
Got my timing wrong on this trade and the residual of my long position has been stopped out below…
September 2, 2014
AUD unchanged after RBA decision and statement
The AUD "remains above most estimates of its fundamental value" according to the RBA statement but…