September 4, 2013
European open
You can read Milan's excellent open briefing here; FXWW European Open Briefing 04-09-2013
September 4, 2013
AUD/JPY: Clear target now at 93.05
AUD,NZDTrade IdeasJPY crossesFXWW News
The double-bottom formation just above a 61.8% Fibo allied with short-covering ahead of the…
September 4, 2013
EUR/USD: Dominated by Sovereign flows; MAs provide technical support
Technical AnalysisEUR crossesTrade IdeasEUR/USDFXWW News
ACBs reported selling rallies as reserve re-balancing continues post USD/AXJ intervention;…
September 4, 2013
AUD: Bullish across board but AUD/USD hitting the wall
Technical AnalysisTrade IdeasAUD,NZDFXWW News
Strong technical break in AUD/JPY, but confirmation needed (see chart); Technical resistance in…
September 4, 2013
USD/JPY holds the key again; bias still very bullish
Flows and OrdersTrade IdeasUSD/JPYFXWW News
Massive optionality at 100.00; Heavy stops directly above 100.10; ACBs reportedly buying dips but…
September 4, 2013
Asian market open
Here's Milan's excellent wrap FXWW Asia Open Briefing 04-09-2013. Pretty strong close in AUD/JPY…
September 3, 2013
EUR/GBP: Talk of a barrier at .8450
Flows and OrdersTrade IdeasGBP crossesFXWW News
Lots of people trying to pick a base in this pair which usually means its headed lower. There will…
September 3, 2013
RBA sticks to script; AUD slightly higher
The AUD/USD is back above .9000 after the RBA left rates unchanged and kept the statement language…
September 3, 2013
USD/JPY running into plentiful supply above 99.65
USD/JPYFlows and OrdersFXWW News
Corporate offers are capping for now with more seen at 99.70, 99.80 and 100.00; Option-related…
September 3, 2013
Early morning chat-room chatter
JPM_NY_02092013.pdf 12:15:55 amThe EUR is drifting off into some sovereign bids between…
September 3, 2013
AUD/JPY: Taking some profit off the table
AUD,NZDTrade IdeasJPY crossesFXWW News
I'm lucky that I got into this trade at a really good average entry and so I'm happy to start…
September 3, 2013
USD/JPY: Likely to run into headwinds ahead of 100.00
Technical AnalysisTrade IdeasUSD/JPYFXWW News
Heavy optionality expected at 100.00; Corporate sell orders starting at 99.60/65; Break out of…
September 3, 2013
AUD: Looking to book some profit on intraday rallies ahead of risk events
Plenty of risk events later today so I'm looking to reduce my AUD/JPY long position on any rallies…
September 3, 2013
EUR/USD: Expect support to be solid at 1.3165/70
Technical AnalysisEUR crossesTrade IdeasEUR/USDFXWW News
A quick look at the daily chart shows why some traders are happy to start buying near current…
September 3, 2013
Asian market open, Tuesday September 3rd
Here's Milan's market overview FXWW Asia Open Briefing 03-09-2013. It should be a busy day again…
September 2, 2013
USD/JPY breaks out of wedge formation
Technical AnalysisTrade IdeasUSD/JPYFXWW News
The well-watched wedge formation on the daily chart has now broken (see chart) and the obvious…
September 2, 2013
AUD/USD: Needs to consolidate above .8980/85 for double-bottom possibility
AUD,NZDTechnical AnalysisFXWW News
The short-term charts are trying to form a reversal pattern (see charts) but prices need to cleanly…
September 2, 2013
EUR/GBP: Breaks below recent daily lows
Technical AnalysisTrade IdeasGBP crossesFXWW News
But there is more technical support at .8465/70 (see chart). I'm still running a small short…