December 5, 2013
GBP and EUR having a short vacation
Trade IdeasGBP crossesFXWW NewsEUR crosses
Very little movement in either overnight; I've reduced my long position in GBP/USD as the…
December 5, 2013
AUD/USD: Trade data today and sentiment remains bearish
AUD/NZD traded to lows at 1.1002 last night as barrier protection held the first attempt; AUD/JPY…
December 5, 2013
USD/JPY: Headed back towards 100 in short-term
Trend highs at 103.70 were untested and the market ran out of momentum above 103.00 this time; All…
December 4, 2013
AUD/USD now over 100 pips lower on the day
Flows and OrdersFXWW NewsAUD,NZD
We saw highs near .9150 in very early trade this morning and the pair is still looking heavy, 115…
December 4, 2013
USD/JPY looking very soft as crosses turn south
Trade IdeasUSD/JPYFXWW NewsFlows and Orders
Market is already quite long of USD/JPY according to most reports; EUR/JPY turned sharply lower…
December 4, 2013
AUD/JPY still driving lower, next support near 92.20
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
Option barriers at .9050 in AUD/USD have been breached; Heavy selling in AUD/JPY is the main…
December 4, 2013
AUD/JPY stops triggered below 93.05 after weaker than expected GDP
Flows and OrdersFXWW NewsAUD,NZD
Q3 GDP came in lower than expected at +0.6% QoQ. This number is just another excuse for traders to…
December 4, 2013
AUD/USD: GDP today, short-term basing pattern evolving?
Recent technical support and barrier protection at .9050/60 held yet again yesterday despite some…
December 4, 2013
EUR/USD: Important level to watch today at 1.3625/35
A 61.8% retracement level at 1.3625 has been holding firm in recent days; Fibos are unreliable in…
December 4, 2013
USD/JPY: Reverses sharply as short-term market caught long
Flows and OrdersFXWW NewsUSD/JPY
AUD/JPY and NZD/JPY were both at top of recent ranges; EUR/JPY was exhausted after triggering a…
December 3, 2013
Cable: Selling a bit more at 1.6410
Trade IdeasFXWW NewsGBP crosses
There has been more positive data out of the UK and this has seen cable move back above 1.6400.…
December 3, 2013
AUD/USD fairly steady after un-surprising RBA
Bids at .9060 are still holding firm and AUD/USD has settled near .9085 after the RBA delivered no…
December 3, 2013
AUD looking soft heading into the RBA
The reaction of the AUD/USD after the retail sales where it rejected .9130 was quite bearish in my…
December 3, 2013
AUD/JPY: Trade idea for the bearish contrarian
Trade IdeasJPY crossesFXWW NewsAUD,NZD
All those contrarians out there, like myself, should keep a close eye on this pair. If the 200-dma…
December 3, 2013
Might be a good time to book some profits on EUR/AUD, GBP/NZD etc
Trade IdeasEUR crossesFXWW NewsAUD,NZDGBP crosses
Despite a big technical break yesterday, GBP/NZD failed to consolidate these gains and will close…
December 3, 2013
Look for USD strength to continue in coming sessions
Trade IdeasUSD/JPYFXWW NewsEUR/USD
USD/JPY is set on challenging recent trend highs at 103.70; Cable looks overbought to me in…
December 2, 2013
Cable: Target filled at 1.6410
Trade IdeasGBP crossesFXWW NewsFlows and Orders
The first of my longer term targets at 1.6410 has been filled. Remember that we've come from 1.50…
December 2, 2013
EUR/GBP: Stops triggered below .8290 in early interbank trading
Trade IdeasGBP crossesFXWW NewsFlows and Orders
I remember being on the receiving end of some dodgy GBP/DMK stops during early Monday morning trade…