January 3, 2014
Cable: Looking for buying opportunities near 1.6400
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
The GBP was hit across the board after not-so-impressive economic data; EUR/GBP looks to be in a…
January 3, 2014
USD/JPY: Technical resistance at 105.50 looking more formidable
FXWW NewsUSD/JPYTechnical Analysis
Profit taking in illiquid markets in the Yen crosses was the main feature in overnight trade;…
January 2, 2014
USD/JPY: Still eyeing major technical resistance at 105.50
FXWW NewsUSD/JPYTechnical Analysis
The 61.8% retracement of the big 124/75.50 collapse comes in at 105.50.
December 30, 2013
USD/JPY: Major technical resistance at 105.50
FXWW NewsUSD/JPYTechnical Analysis
The 61.8% retracement of the big downmove from 124.00 to 75.50 comes in near 105.50 (see chart).
December 20, 2013
AUD/NZD: Trying to form a short-term base
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
I'm hoping I might have managed to pick that elusive bottom yesterday; The hourly chart is trying…
December 18, 2013
AUD/JPY: Favour buying dips towards strong technical support levels
FXWW NewsAUD,NZDTechnical AnalysisJPY crosses
Neckline of double bottom comes in around 90.00 (see chart); 61.8% retracement of rally from 86.50…
December 17, 2013
AUD/USD: Corporate demand returns but still feels heavy (play .8825/.9125 range)
FXWW NewsAUD,NZDTechnical Analysis
Speculators are heading for the sidelines ahead of the FOMC which will be a big risk event for…
December 17, 2013
EUR/GBP: Strong technical resistance near .8460 holding firm for now
FXWW NewsGBP crossesTechnical Analysis
The 100-dma and a 61.8% retracement (see chart) are providing very solid resistance; The bearish…
December 12, 2013
EUR makes gains across the board as progress made on bank-plan
FXWW NewsTechnical AnalysisEUR crossesTrade IdeasEUR/USD
Reuters reported that the EZ is making significant progress in coming up with a plan to tackle…
December 12, 2013
AUD: Real-money and reserve managers continue to sell
FXWW NewsFlows and OrdersTechnical AnalysisAUD,NZD
It will be difficult for the AUD to rally whilst bigger players are selling into increasingly…
December 11, 2013
Levels to watch during Asian trade
FXWW NewsTechnical AnalysisTrade IdeasFlows and Orders
USD/JPY: Trying to form a double-top at 103.35 and some heavy profit-taking was reported yesterday…
December 9, 2013
EUR/USD: Obvious target at 1.3830
FXWW NewsFlows and OrdersTechnical AnalysisEUR/USD
EUR/USD traded to highs near 1.3750 in early interbank trade but has now settled back near 1.3710.…
December 9, 2013
EUR/JPY: Trading at long-term technical resistance level
FXWW NewsJPY crossesTechnical Analysis
EUR/JPY has made more gains in early interbank trade and is currently trading near 141.20. The…
December 6, 2013
USD/JPY techs: Initial target at 100.80
FXWW NewsUSD/JPYTechnical Analysis
Market is caught long and is in retracement mode; NFP day is usually a big day for USD/JPY…
December 4, 2013
AUD/JPY still driving lower, next support near 92.20
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
Option barriers at .9050 in AUD/USD have been breached; Heavy selling in AUD/JPY is the main…
December 2, 2013
AUD/USD: Tending toward a bullish bias intraday
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
Prime brokers reports suggest to me that the speculative market is largely short as they wait in…
December 2, 2013
Levels to watch Monday December 2nd
FXWW NewsTechnical AnalysisTrade Ideas
EUR/GBP is edging below previous daily lows near .8290 and the bear trend is picking up some…
November 29, 2013
EUR/JPY: Resistance breaks; next level above 140.50
FXWW NewsJPY crossesTechnical Analysis
The 61.8% of the big fall from 169 comes in above 140.50 and that's the next obvious technical…