May 23, 2013
AUD/JPY: Next support breached, 98.70 next bear target
AUD/JPY is the mover-of-the-day it seems and after one support level at 99.45 was broken earlier,…
May 23, 2013
USD/CHF: US rates, SNB policy make this still look like a sensible long trade
Despite Bernanke's comments, the market wants to be bullish USD. SNB reiterate that they will take…
May 23, 2013
USD/JPY: Another topside test favoured today
Flows and OrdersTrade IdeasUSD/JPY
The USD generally looks bullish across the board and unless some of the big Yen crosses like…
May 22, 2013
EUR/USD: Sell orders 1.2940/50 but EUR crosses staying bullish
EUR/USDGBP crossesTrade IdeasEUR crosses
The EUR is looking very strong again on the crosses, making gains against all the other majors over…
May 22, 2013
Plenty of action in crosses overnight
Technical AnalysisOthersTrade IdeasGBP crosses
GBP was the main mover, losing ground across the board after disappointing economic data. I…
May 21, 2013
AUD/USD: Expect range trading on all timeframes
I don't see a major collapse happening in the AUD anytime soon, especially if the big Sovereign…
May 21, 2013
GBP/CHF: Could rise 30 big figures without endangering bear trend
Technical AnalysisOthersTrade IdeasGBP crosses
For many years GBP/CHF oscillated fairly steadily around 2.50, give or take 20 big figures, and…
May 20, 2013
Pretty hard to pick the next 50 pips in any major pair
To be honest, I've got absolutely no clue where the next 50 pips are coming from in any of the…
May 20, 2013
EUR/USD: Test of 1.2745 still looks likely in short-term
EUR/USDOthersTrade IdeasGBP crosses
The EUR/USD still looks a bit heavy and although Europe may be quiet today, I do think we might see…
May 20, 2013
EUR/AUD: Time to book some profit
I've been long this pair for quite some time but the failure to consolidate above 1.3200 suggests…
May 17, 2013
AUD support levels continue to break
This trend is showing no signs of easing up; AUD/JPY trendline support has broken, important daily…
May 17, 2013
AUD/JPY: Nearing base of wedge formation
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
If you think the AUD is somewhat oversold then you might consider buying AUD/JPY with the base of…
May 17, 2013
EUR/AUD: Time for a big call; set to rise 20% in coming months
The FX market is all about positioning and in my opinion the market is structurally long of AUD…
May 17, 2013
Cable: Fresh longs in play
I'm starting very small with this pair but the strength in the crosses suggests that trading cable…
May 10, 2013
Cable traders: Set your dip-buying alarm clocks for 1.5310
Technical AnalysisTrade IdeasGBP crosses
5-wave rally from 1.4830 to 1.5600. 38.2% retracement of this is at 1.5310. Trend-line support…
May 10, 2013
USD/CHF makes marginal new highs above .9500
Technical AnalysisTrade IdeasOthers
I'm long of this pair, and have been for a while now, and I'm hoping that we are about to witness a…
May 10, 2013
AUD/USD: Overall bearish but AUD/JPY could be the fly-in-the-ointment
I'm sticking with my bearish bias on AUD/USD but with solid support at .8350/60 holding in the…
May 10, 2013
Trade of the day: Buying EUR/JPY
EUR crossesTrade IdeasJPY crosses
Chart resistance at 131.00 has been breached. USD/JPY is through the big psychological barrier.…