EUR/GBP: Sitting on base of recent bearish trend channel


This suggests that the market is somewhat oversold (but that bear trend remains in play); I would…

AUD/USD triggers stops above .8850 after higher-than-expected CPI


Just when we expect nothing to happen, the data surprises and the weighted median CPI is back above…

Nice call on USD/CAD last night


Yesterday evening, John in the chat-room posted a very nice little piece of information from…

Australian CPI expected at +0.4% in Q4


Not much to get excited about in overnight trade and the market will now focus on the Australian…

USD/CAD takes out barriers; USD/AXJ on march higher


Large barriers at 1.1000 in USD/CAD have been taken out; Emerging Asian currencies are getting hit…

Cable: Heavyish feel heading into the European open


The GBP hasn't seen a lot of action today apart from some selling against the all-conquering NZD…

EUR/USD: Feels like 1.3500 could be critical for all EUR pairs


Solid technical support held yesterday at 1.3510/15 but the bounce has been fairly timid so far;…

NZD bounces after higher than expected CPI


December came in at +0.1% MoM. AUD/NZD is back below 1.0600 and NZD/USD has neutralised the…

NZ CPI: Market expecting -0.2% in December


It's been a quiet night in the FX markets with the US closed for a public holiday. The first event…

EUR testing important support levels


EUR/USD is testing trend-line and 61.8% support at 1.3510/15; a clean break would indicate…

Cable: Buy intraday dips towards 1.6370


Sentiment remains strongly pro-GBP after Friday's retail sales data came in well above…

AUD/USD still looking heavy


Asian real money sellers capped the pair on Friday near .8820; Sentiment remains bearish as the…

EUR/USD: Continue to favour the short side


Medium-term trade idea from a week ago is starting to evolve; Trend-line support and a 61.8%…

EUR/JPY: Shorts favoured but still need to respect important support levels


Weekend win in Japanese regional elections by opposition parties will worry Yen shorts; Overall…

Quiet start to interbank trading week


EUR crosses made more significant losses on Friday and I continue to play the EUR with a bearish…

NZD: Institutional flows heavily negative today


Our analysis of the major interbank platforms shows a heavy slant towards NZD selling this morning.…

AUD/USD: Battle going on in low .88’s amid heavy turnover


Asian real money names have been the big sellers of AUD/USD since it broke lower yesterday but our…

EUR/GBP: Continue to trade the downward channel


One constant for me is the fact that EUR/GBP is headed lower; I'm continuing to trade the downward…