October 24, 2013
EUR continues to be very well supported
Technical AnalysisEUR/USDTrade IdeasFlows and OrdersFXWW News
The strengthening Yuan is leading to some quite heavy EUR buying from Chinese interests; Sell…
October 24, 2013
AUD/USD: Look to play wide .9525/.9750 range in coming sessions
AUD,NZDTechnical AnalysisFXWW News
The 200-DMA at .9750 is looking like the crucial technical level (see chart); Support levels are…
October 24, 2013
USD/JPY: Market watching for daily close below 200-DMA (worth 530 pips?)
Obviously all charts have slightly different data but the ones I've seen have the 200-DMA coming…
October 24, 2013
Light turnover during NY session apart from the CAD
The BoC surprised the market with a dovish statement and this sent the CAD scuttling lower. As you…
October 24, 2013
FX market now less predictable after yesterday’s change in tempo
We had a definite change in tempo yesterday during the Asian session and through early Europe with…
October 23, 2013
GBP/CHF: Large seller emerges in early London
It's been all about the crosses today and after the JPY crosses got smashed in the 2nd half of the…
October 23, 2013
Quick overview of busy Asian session
Yen crosses opened with a very bullish tone after US data; AUD/USD broke higher after…
October 23, 2013
Equity markets continue to fall in Asia; USD/AXY on the rise
My technical support level in EUR/JPY lasted all of a few minutes; Equity markets are down across…
October 23, 2013
EUR/JPY: Look to buy near 134.35/40 with tight stop
Good technical support at that level (see chart); Risk sentiment likely to stay positive which…
October 23, 2013
NZD heading lower on crosses
EUR/USDFlows and OrdersAUD,NZDFXWW News
AUD/NZD has broken above 1.1450 after the higher-than-expected Australian inflation data and now…
October 23, 2013
AUD/USD: Takes out 50% retracement level after CPI data, now focusing on 200-DMA
The higher than expected domestic inflation data has further strengthened opinion that the…
October 23, 2013
USD/JPY: Dead-heat in race to the bottom
Technical AnalysisJPY crossesTrade IdeasFlows and OrdersFXWW News
The market doesn't like either currency at the moment and broad sideways trading is very likely to…
October 23, 2013
EUR: Makes strong gains across the board especially against the Yen
EUR/USDTechnical AnalysisEUR crossesFXWW News
EUR/JPY is one pair that I've gotten 100% wrong in recent weeks and I haven't seen this move…
October 23, 2013
AUD/USD: Important technical resistance near .9720
AUD,NZDTechnical AnalysisFXWW News
The 50% retracement of the big downmove from 1.0580 to .8850 comes in near .9720 and this level is…
October 22, 2013
EUR/GBP: Technical resistance at .8500
Flows and OrdersTechnical AnalysisGBP crossesFXWW News
This level has held nicely in recent days (see chart); There are likely to be stops directly above…
October 22, 2013
AUD/NZD: Increasingly looks like base in place
AUD,NZDTechnical AnalysisFXWW News
Possible double bottom at 1.1200 (see chart); Prices have fallen already a long way in what is…
October 22, 2013
Separating the arts of analysis and trading in the FX market
Another pretty boring session faces us so its probably a good time to re-evaluate trading…
October 22, 2013
AUD/USD: Looking to play .9550/.9725 range over coming sessions
Technical AnalysisAUD,NZDTrade IdeasFlows and OrdersFXWW News
As mentioned below, barrier protection in AUD/JPY ahead of 95.00 is quite large; EUR/AUD bids near…