July 24, 2013
AUD slightly lower after mixed data dump
The chances of an August rate cut have receded somewhat after the earlier CPI data and the poor…
July 24, 2013
NZD/USD: Strong data but looks like plenty of sellers about
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
Maybe it's the drop in exports which is limiting enthusiasm but I would have thought that a much…
July 24, 2013
AUD/USD: Big level to watch is .9330/40
There are recent highs nearby at .9300 but I think the really important level is .9330/40. This was…
July 24, 2013
Gold: Close above $1340 will keep bulls interested
Technical AnalysisFXWW NewsAUD,NZD
Gold continues to look quite bullish and the close above $1340 (see chart) opens the way up for…
July 24, 2013
Asian open: Metals still hold the key as USD stays soft; busy day of data ahead
Not a lot of movement overnight in the FX market but its interesting to see that USD/CAD was one of…
July 23, 2013
AUD/NZD: Good support still expected near 1.1500
Trade IdeasAUD,NZDFXWW NewsFlows and Orders
I'm still hearing that there will be good support near 1.1500 in the Antipodean cross, might be a…
July 23, 2013
Quiet session in Asia apart from few stop-loss runs in Yen crosses
AUD,NZDOpen/WrapFXWW NewsJPY crosses
The market had a go at some stops in USD/JPY below 99.20 and in EUR/JPY below 131.00 but apart from…
July 23, 2013
EUR/GBP: Technical support at .8560
Technical AnalysisFXWW NewsGBP crosses
The 61.8% retracement of the rally from .8470 to .8710 comes in near .8560 (see chart) and these…
July 23, 2013
AUD/USD: Sneaking higher to test recent highs at .9300
Technical AnalysisFXWW NewsAUD,NZD
The big level to watch in my opinion is .9325, which has provided strong resistance since it broke…
July 23, 2013
Levels to watch through the Asian open
Flows and OrdersUSD/JPYFXWW NewsAUD,NZDGBP crosses
USD/JPY: More stops reported below 99.20 through 98.80 (@FXWW888). Edit, some just triggered below…
July 23, 2013
USD/JPY should continue to drift lower but….
Trade IdeasUSD/JPYFXWW NewsTechnical AnalysisJPY crosses
Plenty of conflicting forces at play in the Yen pairs which should ensure volatility, but not all…
July 23, 2013
Don’t be short CHF if metals are rallying
I cut my long EUR/CHF position yesterday for a tiny loss once the precious metals started rising. I…
July 23, 2013
AUD/USD: Look for .9330 test today
Technical AnalysisFXWW NewsAUD,NZD
I will look to book some interim profit at .9330, which has been a very important pivot (see chart)…
July 22, 2013
EUR/USD: Likely to test 1.3400 over few days
Despite political unrest in Portugal, the market seems to be quite happy buying EUR or at least is…
July 22, 2013
EUR/GBP: Bulls will need .8570 to hold
Technical AnalysisFXWW NewsGBP crosses
If EUR/GBP bulls are hoping for more gains then they should expect a 61.8% pull-back level at .8570…
July 22, 2013
EUR/CHF: Chopping my longs for tiny loss as risk-aversion returns
Trade IdeasOthersFXWW NewsJPY crosses
I'm giving up on this pair yet again and taking my 20 pip loss. I bought a small position last week…
July 22, 2013
Gold consolidating earlier gains above $1300
If you're tempted to sell the Gold stuff, then keep your stops fairly tight above $1325 as it…
July 22, 2013
USD/JPY takes out most of stops below 100.00
Most of the stops I mentioned earlier below 100.00 have now been done. The high in early interbank…