January 17, 2014
EUR/USD: Short side favoured as crosses look bearish
Trade IdeasEUR/USDFXWW NewsTechnical AnalysisEUR crosses
EUR/AUD is back at longer term median levels near 1.55 (although the daily up-trend remains in…
January 17, 2014
AUD/USD: Fact that it can’t break back above .8820 is certainly telling
Previous lows at .8820/25 continue to cap; A daily close below there will add to bearish……
January 17, 2014
EUR/JPY topping formation looking more plausible
Trade IdeasJPY crossesFXWW NewsTechnical Analysis
Possible topping formation ahead of 143.00 (see chart); Needs break and hold below 140.40 to…
January 16, 2014
USD/JPY: Looks set to test 105.50 yet again
Major technical resistance at 105.50 (61.8% retracement) is still the main topside target in…
January 16, 2014
AUD/USD: Initial resistance at .8820, look for stronger levels near .8870
Technical AnalysisFXWW NewsAUD,NZD
The macro speculative market is piling into AUD/USD shorts, with .8500 seen now as a foregone…
January 16, 2014
Institutional flows still heavily AUD negative
Flows and OrdersFXWW NewsAUD,NZD
No let up for the AUD/USD and the break below .8820 has brought even more sellers into the market.…
January 16, 2014
AUD getting smashed post jobs data
So much for playing AUD from the long side, just ignore what I say. AUD/NZD is below 1.0600 and…
January 16, 2014
AUD/USD: Favour playing from long side today
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
The professional speculative market is quite short of AUD already as a proxy for the 'China credit…
January 16, 2014
Australian jobs data will be market’s morning focus
Not a whole lot of movement overnight with the GBP first rising on the back of strong…
January 15, 2014
GBP: Plenty of demand in early London
Flows and OrdersFXWW NewsGBP crosses
Reserve names and real-money funds have been buying GBP against the USD, EUR, JPY and AUD in early…
January 15, 2014
EUR/USD trade idea: Build shorts inside of 1.3550/1.3750 consolidation range
As you know, I'm not a big fan of trading the EUR/USD although I am quite bearish on the EUR…
January 15, 2014
EUR/JPY: Worth considering shorts if 143.10/20 holds
Trade IdeasFXWW NewsJPY crosses
I'm looking at some solid technical resistance near 143.10/20 in EUR/JPY and if this level is…
January 15, 2014
Levels to watch during European trade
Technical AnalysisFXWW NewsFlows and Orders
USD/JPY: Technical resistance at 104.50 and sizeable sell orders at 104.60/65. USD/CAD: Barriers…
January 15, 2014
USD/CAD: Testing barrier options at 1.0975
High so far has been 1.0974; More barriers at 1.1000; Likely to be plenty of stops above 1.1010.
January 15, 2014
AUD/USD: Beware when the bulls turn bearish
There were quite a few so-called analysts spitting out bullish AUD/USD scenarios yesterday when we…
January 15, 2014
USD/JPY: Still feels like we could get a silly spike to 110+
Trade IdeasUSD/JPYFXWW NewsTechnical Analysis
I don't have a position in USD/JPY at the moment and therefore my opinion should carry less weight…
January 15, 2014
Cable: Bull trend in place but expect more sideways in short-term
Technical AnalysisFXWW NewsGBP crosses
4-hr chart shows the bull trend still in play but the MAs losing momentum (see chart); Major…
January 15, 2014
FX market does another sharp about turn
I've found the last few days to be very confusing with none of the levels which I presumed to be…