March 15, 2013
EUR/JPY: Still stuck in 124/126 consolidation range
It's pretty hard to get overly bearish on this pair despite the big rise of recent months and the…
March 15, 2013
USD/JPY: Still looking to options market for leads
The heavy buying of downside protection has now eased according to interbank reports, and now we…
March 14, 2013
EUR/GBP: Starting to look a bit over-bought
GBP crossesTrade IdeasEUR crossesTechnical Analysis
The charts (see members) seem to be stalling around .8800 while cable and EUR/USD have had…
March 14, 2013
AUD/JPY technicals: Still looking bullish
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
I've posted both short and medium-term charts in the members section and both look bullish. The…
March 14, 2013
AUD/NZD back near 1.2600 again
The downward revision in inflation forecasts is leading to a substantial downward revision in…
March 14, 2013
Better to have no large positions if volatility starts to pick up
I know most people like to simply take a position and hope they get it right but I don't like to…
March 14, 2013
NZD falls surprisingly hard after RBNZ; AUD/NZD trade idea
I don't find anything that the RBNZ did or said in any way surprising; they've been saying for the…
March 13, 2013
Is this market long USD to it’s neck
USD/JPYOthersTrade IdeasAUD,NZDGBP crossesEUR/USD
Like I said this morning, I have a feeling that something big is about to happen and that we have a…
March 13, 2013
USD/CHF again taking the lead in early European trade; testing hourly trendline
Short-term trendline support comes in near .9440 and USD/CHF has fallen 20 pips immediately in…
March 13, 2013
Cable: Should be interesting to see what London makes of current levels
Yesterday saw the cable fall during London trade to a new medium term low near 1.4835 after some…
March 13, 2013
Something’s brewing and I’m headed to the sidelines
There is something about the present market which is making me feel quite uneasy and I feel that…
March 12, 2013
EUR/USD: Looks like a reasonable entry level near 1.3030 for bulls
I'm taking a small long here at 1.3030 with a stop 90 pips lower. I'm only running a small position…
March 12, 2013
EUR/AUD: Major bank recommends short-term short position
One of the big US banks has just sent out a short-term sell recommendation to their customers on…
March 12, 2013
EUR/USD: Starting to favour the topside from risk-reward perspective
Same view here as late yesterday; the EUR crosses are turning bullish with EUR/JPY leading the way…
March 12, 2013
GBP/AUD: Hedge funds selling again
This market looks like it might close below previous weekly lows at 1.4550, which would be a…
March 11, 2013
Cable: Bearish momentum seems to be waning
Despite the big rise in the USD on Friday night, the cable has held up reasonably well on the 1.49…
March 11, 2013
AUD/JPY: Break above 97.50 opens up more blue sky
This could be an interesting pair to watch today. It broke above daily resistance at 97.50 on…
March 8, 2013
USD/JPY could be at 100 in 3 weeks: Big bank chief dealer
The chief Yen dealer for a major international bank reckons that the domestic Japanese market has…