August 6, 2013
Cable longs in play, initial target at 1.5435
FXWW NewsGBP crossesTrade Ideas
I took a small long position earlier today at 1.5350 (see post) for the very unscientific reason…
August 6, 2013
AUD/JPY: Possible double-bottom now at 87.20
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
This cross should be very interesting in coming sessions with a possible double-bottom at 87.20 and…
August 6, 2013
USD/JPY: Covering shorts at 98.10
FXWW NewsFlows and OrdersTrade IdeasUSD/JPY
I'm booking my 140 pip profit (see trade) as I want to concentrate on the AUD around the time of…
August 6, 2013
GBP looking friendlier after strong PMI data yesterday
FXWW NewsFlows and OrdersTrade IdeasGBP crosses
The GBP is looking stronger on the crosses after yesterday's strong (and leaked) PMI data. EUR/GBP…
August 6, 2013
USD/JPY: Still favour lower, but will stay choppy
FXWW NewsFlows and OrdersJPY crossesTrade IdeasUSD/JPY
No major change to my outlook here, I still think that we will gradually trade lower over coming…
August 5, 2013
USD/JPY takes out support near 98.55/60; targeting recent lows at 97.70
I don't think this pair is going to collapse but I think short is the correct position to have. I'm…
August 5, 2013
Gold could come to the rescue of beleaguered AUD
The bears are rampant in the AUD at the moment and there seems to be no prospect of any sort of…
August 5, 2013
USD/JPY: Solid demand but not much bounce yet
FXWW NewsFlows and OrdersTrade IdeasUSD/JPY
Our hedge fund insider @FXWW888 is reporting that Japanese Lifers have been noted buyers in recent…
August 5, 2013
AUD sliding after disappointing retail sales data
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
AUD/USD is hunting for stops near .8850 after disappointing retail sales data all-but confirmed an…
August 5, 2013
EUR/USD: Topside test favoured
I still am sticking to my view that we are in a medium term sideways range trade between…
August 5, 2013
USD/JPY: Selling rallies favoured intraday
Like I wrote below, positioning is still the main factor at play here. Some of the crosses like…
August 5, 2013
AUD/USD: Likely to range trade ahead of RBA tomorrow
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
AUD/USD still looks technically extremely oversold but no sign of a bottom forming. AUD/NZD has…
August 4, 2013
USD/JPY: Positioning still the great unknown, risk-reward favours bears
FXWW NewsFlows and OrdersTrade IdeasUSD/JPY
Pretty much every analyst you listen to is trying to outdo one other with their bullish USD/JPY…
August 2, 2013
NZD/USD under pressure in early European trade
FXWW NewsTechnical AnalysisAUD,NZDTrade IdeasFlows and Orders
Technical resistance around 78.60 in NZD/JPY (see chart) has held nicely and straight NZD/USD has…
August 2, 2013
Medium-term EUR/USD bullish trade idea
FXWW NewsTechnical AnalysisEUR/USDTrade IdeasFlows and Orders
Mainly based on expected flows with some technical backdrop; buy EUR/USD at 1.3125 and add at…
August 2, 2013
AUD/USD: Need to look to weekly charts for some support levels, .8775 next big one
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
There is a prior weekly low + a long Fibo at .8775 which is the next technical target (see chart).
August 2, 2013
USD/JPY: Happy to sell here near 99.50
All the cloud players will be very happy as the base held so well at 97.55 and gave them a 200 pip…
August 2, 2013
AUD outlook: Friday August 2nd; selling rallies favoured on crosses
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
AUD/USD: Failure to re-take prior lows at .9010/35 has the bears still in technical control.…