January 8, 2013
AUD/JPY: Worth considering a short after poor trade data?
AUD,NZDTechnical AnalysisUSD/JPYTrade Ideas
The poor trade data does make a rate cut slightly more likely although the futures market…
January 8, 2013
USD/JPY technicals: Just a normal retrace?
USD/JPYTechnical AnalysisTrade Ideas
If we look at the move from 83.85 to 88.40 as being the latest leg of an up-move, then we may…
January 8, 2013
EUR/JPY: Looking at a 114.10/117.10 trading range in coming sessions
The overnight low was at 114.10 so I'm using that as my downside base. Presuming the recent…
January 7, 2013
EUR/JPY view #2: Wait for an outside week before commiting to contrarian trade
Very wise old trader just sent me his view of the world and he's expecting a very volatile week in…
January 7, 2013
USD/JPY technicals: Sooner or later the contrarians will get it right
USD/JPYTechnical AnalysisTrade Ideas
Just a glance at the daily chart will show you how overbought USD/JPY is and the attached…
January 7, 2013
EUR/JPY: Fails to maintain gains and now sliding lower
I've taken a small short position in this pair this morning as I feel there is plenty of scope for…
January 4, 2013
USD/JPY: Getting close to resistance level at 87.60
Technical AnalysisTrade IdeasUSD/JPYFXWW News
The 61.8% retracement of 94.90/75.60 comes in at 87.60 and if this level holds then bears can…
January 3, 2013
Cable: Prefer to buy dips after bullish break yesterday
EUR crossesEUR/USDGBP crossesTrade Ideas
We do need to be careful as we often get false breaks in thin holiday markets but for now I'm…
January 3, 2013
USD/JPY: Still no sign of a top forming
USD/JPYTechnical AnalysisTrade Ideas
Very little pullback from yesterday's highs in USD/JPY and option players are still noted buyers as…
January 3, 2013
EUR session outlook
EUR/USDFlows and OrdersEUR crossesTrade Ideas
EUR/USD rose sharply yesterday in Asia on at times 'silly' EUR/JPY price action and then fell back…
January 3, 2013
AUD/USD session outlook: Play edges of 1.0460/1.0540
AUD,NZDFlows and OrdersTrade Ideas
The main factor to watch for here in coming weeks is the influx of US cash into the Australian…
January 3, 2013
Liquidity to stay poor for next two days
We can expect more choppy illiquid trade for the next two days although the market is returning to…
January 2, 2013
EUR/USD: Capped for now below 1.3300 but more gains favoured
EUR/USDFlows and OrdersTrade Ideas
Real money and Sovereign players aren't really busy at the moment but from what I'm hearing, both…
January 2, 2013
AUD/USD: Book intraday profits and re-load on dips
Unfortunately I didn't take my own advice and buy the dips this morning towards 1.0380, but at…
January 2, 2013
Useful AUD facts (or not so useful!): AUD/USD headed for 1.07 in January!
Many thanks to the mine of information, David Scutt at Arab Bank, for some useful A$ facts to open…
January 2, 2013
AUD/USD session outlook: Risk-reward favours buying dips
With Japan and China closed today, it should be relatively quiet in Asia, with only potential…
December 31, 2012
AUD/USD: Mild short-covering takes it back above 1.0400
The failure to post fresh short-term lows below 1.0350 is forcing the bears' hand and we are…
December 31, 2012
“Wait and see” is the best strategy today
Running large positions on a day like today is probably not a great idea although if large hedge…