August 28, 2013
USD/JPY outlook: Prefer to buy dips towards 96.60
Consolidation wedge pattern still in play with base at 96.60 (see chart); AUD/JPY support at…
August 28, 2013
AUD outlook: Possible double-bottom in AUD/USD but AUD/JPY still looking soft
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
AUD/USD has the possibility of forming a double-bottom but needs to break above .9070 to confirm…
August 27, 2013
USD/JPY: Likely to stay quiet but downside risks in short-term
The August holidays are in full swing and we can expect another very quiet session in Asia. USD/JPY…
August 27, 2013
AUD/USD: Looking mildly constructive on short-term charts
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
The AUD/USD hourlies (see chart) is showing a mildly constructive pattern of higher-lows and…
August 26, 2013
EUR/JPY grinding higher, eyeing important resistance at 132.75
EUR crossesFXWW NewsTechnical AnalysisJPY crossesTrade Ideas
This pair has proved to be very resilient in recent times and we are likely to get a test of…
August 26, 2013
USD/JPY: Prefer to sell intraday rallies
USD/JPY had a really good chance to go higher on Friday with a big technical break encouraging…
August 26, 2013
AUD/NZD looking like a buy-dip proposition
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
There is still some trend-line resistance close by in the AUD/NZD but the break above 1.1550…
August 23, 2013
Cable: Looking to exit longs on test of 1.5750
FXWW NewsGBP crossesTrade Ideas
There is major resistance at 1.5750 in the cable and I'm not sure if we will get that much of a…
August 23, 2013
EUR/USD outlook: Range trading likely between 1.3280/1.3425
EUR/USDFXWW NewsTechnical AnalysisEUR crossesTrade Ideas
EUR/USD is still unable to generate significant momentum; Banks and prime brokers report heavy…
August 23, 2013
USD/JPY outlook: Trading right at top of wedge formation
JPY crossesFXWW NewsUSD/JPYTrade Ideas
Break out of consolidative wedge formation (see chart) should see prices testing 101.40; Hedge…
August 23, 2013
AUD outlook, Friday August 23rd
Prices stalled at the 76.4% retracement of the .8850/.9240 rally (see chart); AUD/NZD looks likely…
August 22, 2013
Changing my tune on the USD
USD/AXY moves are telling us something very loudly; EUR/USD and cable are sitting close to…
August 22, 2013
AUD/USD outlook August 22nd: Targeting .8850 test
Main risk event today is the HSBC China PMI; Close below .9000 is psychologically important and…
August 21, 2013
GBP/USD: Still long, still like it; 1.5750 critical resistance
GBP crossesFXWW NewsTechnical AnalysisTrade Ideas
I'm not sure that my timing is correct on this trade but I will persevere as I believe that the GBP…
August 21, 2013
AUD: Looking heavy on the crosses
EUR/AUD closed back above it's previous pivot at 1.4750. AUD/JPY fell vertically at times…
August 21, 2013
USD/JPY: Plenty of sideways trade
Fed tapering and BOJ expansion ensure a bullish set-up for USD/JPY; But, the market is already…
August 21, 2013
EUR/USD: Main risk still to the topside
EUR/USDFXWW NewsFlows and OrdersEUR crossesTrade Ideas
I think you just have to read the comments on this or other sites to realise that the overwhelming…
August 20, 2013
EUR/AUD: Topping formation negated; buy-dip proposition once again
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
Yesterday we had strong support at 1.4450 holding firm in EUR/AUD and today the prospective topping…