May 12, 2014
The week ahead, May 12th: Finding a currency to buy is proving difficult
EUR: The ECB statement shouldn't have been that much of a surprise but the short-term 'herd'…
May 9, 2014
USD/JPY: Capped below 102.00 but very solid bids still being reported
FXWW NewsUSD/JPYFlows and Orders
All those hoping for some volatility in USD/JPY may be disappointed again. I'm hearing reports of…
May 9, 2014
GBP crosses technicals
FXWW NewsGBP crossesTechnical Analysis
GBP/JPY sitting right on daily trend-line support; EUR/GBP sitting right above very important…
May 9, 2014
AUD/USD: Looking to play .9330/.9430 intraday range with bullish bias
Present markets are all about stops and I'd expect there to be plenty of stops above .9430; Seems…
May 9, 2014
Risk off Friday and I think GBP/JPY might be a good vehicle
I think it's pretty safe to assume that the market is quite long of GBP/JPY and we may see some…
May 9, 2014
USD/CAD: Shorts still in play, book interim profits near 1.0760
Finally I'm making some money on a CAD trade :) I'm still short from last week and will look to…
May 9, 2014
Looking to play EUR and GBP crosses from short side
Morning all. Draghi, as expected, signposted that the ECB will take some action next month and this…
May 8, 2014
EUR: All eyes on ECB and possible dovish leaning
The majority of bank analysts are expecting no changes in policy or language from the ECB later…
May 8, 2014
AUD/USD making fresh intraday highs
The AUD is making fresh intraday highs against the NZD and the USD and looking quite comfortable at…
May 8, 2014
AUD/USD pops up after decent jobs data but plenty of sellers around
There is some hourly technical resistance in AUD/USD near .9360 and that seems to have attracted…
May 8, 2014
USD/JPY: Resistance near current 101.90/95 level
This current level provided solid technical support on the way down, in the form of a long-term…
May 8, 2014
GBP: Still see some short-term downside risk
It's important to remember where cable has come from, not just where it might be headed. It's not…
May 8, 2014
Need to readjust for slower moving markets
It seems very unlikely at the moment that we will get fast-moving impulsive moves of 300-500 pips…
May 7, 2014
Yen crosses still edging lower in quiet Asian trade
The NZD has been affected by talk of intervention from the RBNZ Gov as well as the slightly…
May 7, 2014
GBP looking overbought on the crosses to me
I booked profits on my medium term cable long position as I don't like the look of some of the…
May 7, 2014
USD/JPY: I’m staying neutral, easier trades elsewhere
The cases for being short USD and/or JPY are too strong and too similar in my opinion so I'm…
May 7, 2014
Trade of the Year #2: Short USD/CAD
USD sentiment has now turned definitively bearish; CAD sentiment and short positioning has been at…
May 7, 2014
USD fall set to continue but still need to pick right levels in right pair!
USD/JPY broke below it's long-term bullish trend-line, USD/CAD has closed below a previously strong…