April 17, 2014
Plenty of action still in the crosses
For an old 'cross' trader like myself, yesterday was a very interesting day with the NZD leading…
April 16, 2014
GBP/NZD worth considering a long trade on bullish break of 1.9520.
GBP/NZD has just broken technical resistance near 1.9520; Cable looks set to break above important…
April 16, 2014
GBP: Testing important resistance levels after very decent UK jobs data
Unemployment rate now under 7.0%; Very important technical resistance in cable at 1.6825; Clean…
April 16, 2014
AUD/NZD: Targeting technical resistance at 1.0940
We have taken out one large resistance level already near 1.0890 as NZ CPI and this morning's dairy…
April 16, 2014
USD/JPY: Still hovering above important support levels
I don't see much point in getting involved in USD/JPY at the moment. There is major support coming…
April 16, 2014
NZD/JPY: Still worth considering this short-trade strategy
It's too close to Easter for me and I'm happy to stay on the sidelines but the risk-off players out…
April 16, 2014
AUD/USD: More downside risk as long weekend beckons
Like I said yesterday morning, the short-term AUD market smells a bit long heading into the long…
April 15, 2014
Cable: Market targeting stops below 1.6680
As many have pointed out to me since my last post, the double-top on the daily chart will lead to…
April 15, 2014
GBP: I’m turning very bullish again
Please don't ask me for 5 exact reasons, but the overall price action especially on the crosses…
April 15, 2014
NZD/JPY: Bearish entry level for ‘risk-off’ players
If you are of the opinion that we may get some risk-off sentiment ahead of the long Easter break,…
April 15, 2014
AUD/USD: Still looking bit overbought ahead of RBA minutes
Hate to rub it in :) but the place to buy AUD/USD was at .9025 a few weeks ago and not to be…
April 14, 2014
EUR: Why is Draghi now becoming more worried about a higher EUR
If Mario is trying to talk down the EUR, does that mean that he thinks it's going higher? I don't…
April 14, 2014
USD/JPY: Still prefer the short-term sell-rally strategy
The market remains bullish USD/JPY and it also remains long and susceptible to short-term…
April 14, 2014
Look to Yen crosses for intraday trading opportunities
It will be a short week with many traders taking it easy ahead of a long Easter break. I wouldn't…
April 14, 2014
EUR opens lower after Draghi comments
Comments from ECB chief Draghi that a stronger EUR would trigger looser ECB policy have seen the…
April 11, 2014
Monday webinar on FX Street: Earning an income in online FX space
I'll be doing a webinar on Monday on FX Street starting at 10am GMT. The subject matter will be all…
April 11, 2014
USD/CAD: Fibo and buy-orders provided strong base
The 38.2% retracement of the big up-move from 1.0175/1.1280 came in at 1.0858, which was…