November 4, 2013
FX market open, week November 4th: Still looking to sell USD rallies
EUR crossesFXWW NewsTechnical AnalysisAUD,NZDGBP crossesTrade IdeasEUR/USD
My opinion hasn't changed and I'm still looking to sell medium-term USD rallies in preparation for…
November 1, 2013
USD/JPY: Approaching short-term support levels between 97.50/70
FXWW NewsUSD/JPYTechnical Analysis
Typical Friday trade, squeezing out the least committed positions. USD/JPY and EUR/JPY have been…
November 1, 2013
AUD/CHF trade looking more promising
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
The break above .8600 has my long trade from yesterday looking slightly more promising (see chart)…
November 1, 2013
EUR/USD technicals: Clear target at 1.3420
FXWW NewsEUR/USDTechnical Analysis
5-wave up-move is currently retracing; Stalling for now at a minor Fibo but obvious support at…
November 1, 2013
Cable technicals: Double Trouble
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
Two big possible scenarios here and we need to wait and see which one plays out (see chart). There…
November 1, 2013
Market staying in cross-trading mode
FXWW NewsEUR/USDTechnical AnalysisEUR crosses
Higher than expected EZ unemployment and lower than expected CPI put more easing measures back on…
October 28, 2013
EUR/AUD technical trade idea for the bears
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
Sell rallies to neckline resistance at 1.4440 (see chart) with fairly tight stops. This level is…
October 28, 2013
AUD/USD technicals: Short-term support levels near .9570
FXWW NewsFlows and OrdersTechnical AnalysisAUD,NZD
The big levels to watch are very clear on the daily (see chart), with support at .9510/20 and…
October 28, 2013
USD/JPY opens higher in Asia on mainly technical buying
FXWW NewsFlows and OrdersUSD/JPYTechnical AnalysisAUD,NZD
The failure to end last week below the 200-DMA, today just below 97.40, has encouraged a bout of…
October 25, 2013
AUD/USD: Soft feel this morning, risk-off Friday
FXWW NewsTechnical AnalysisAUD,NZDTrade IdeasFlows and Orders
Mixed pictures on the crosses with AUD/JPY looking soft, targeting 92.80, and EUR/AUD looking…
October 25, 2013
NZD continues to look very weak on the crosses
FXWW NewsAUD,NZDTechnical Analysis
AUD/NZD close above 1.1500 could be an important psychological turning point; EUR/NZD has an…
October 25, 2013
USD/JPY: Sitting right on the 200-DMA
FXWW NewsTechnical AnalysisTrade IdeasUSD/JPY
Heavy offers reported between 97.70/85; Technical support at 97.25 200-DMA (see chart); Weekly…
October 24, 2013
EUR continues to be very well supported
FXWW NewsTechnical AnalysisEUR/USDTrade IdeasFlows and Orders
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
FXWW NewsAUD,NZDTechnical Analysis
The 200-DMA at .9750 is looking like the crucial technical level (see chart); Support levels are…
October 23, 2013
USD/JPY: Dead-heat in race to the bottom
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasFlows and Orders
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
FXWW NewsEUR/USDTechnical AnalysisEUR crosses
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
FXWW NewsAUD,NZDTechnical Analysis
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
FXWW NewsFlows and OrdersTechnical AnalysisGBP crosses
This level has held nicely in recent days (see chart); There are likely to be stops directly above…