July 11, 2013
Early Europe walks in to see EUR at much higher levels
It will be interesting to see what the Europeans think of EUR/USD near 1.3100? I think we may see…
July 11, 2013
EUR/JPY: Looking to trade 127/131 with definite bearish bias
I'm short this pair, having sold some more this morning, and I'm expecting to see some very choppy…
July 11, 2013
AUD/USD: Taking small profits off table
I'd be silly to ignore the 250 pips on the table so I'm booking more partial profits at .9295 and…
July 11, 2013
Levels to watch in afternoon trade
USD/JPYFXWW NewsAUD,NZDEUR/USD
I'm still of the same view, the EUR has done a lot of its work already and is overbought on the…
July 11, 2013
USD/JPY: Looking soft again after BOJ do nothing
The JPY crosses still look very soft to me and the reaction post-BOJ suggests to me that the market…
July 11, 2013
Australian jobs data: Topside risk for the AUD/USD
There has been some poor economic data over the last two days but the AUD has risen in spite of…
July 11, 2013
EUR/JPY: Adding to shorts at 130.20
JPY crossesFXWW NewsEUR crossesTrade Ideas
I've only got a very small position in this pair at the moment, thankfully given the wild…
July 11, 2013
Crosses get out of whack in these volatile stop-driven markets
AUD,NZDJPY crossesFXWW NewsEUR/USDEUR crossesTrade Ideas
This is how I see it. The market got way overly-exuberent on its taper-driven USD rally and we will…
July 11, 2013
AUD/USD: Reasonably orderly compared with EUR/USD! Look to book profits .9325/40
AUD,NZDFXWW NewsEUR/USDTrade Ideas
Certainly the size of short positions in the AUD/USD hasn't been as big as in EUR/USD, judging by…
July 11, 2013
EUR/USD: Wild wild short-covering
FXWW NewsEUR/USDFlows and Orders
The market loves to be short EUR/USD but they're getting well and truly hammered this morning…
July 11, 2013
AUD/USD: Stops going off above .9250
FXWW NewsAUD,NZDFlows and Orders
The USD bulls are in for a torrid day it seems! Next resistance in the AUD/USD is at .9340.
July 11, 2013
USD/JPY: Downside risk now very real
I've thought for weeks that USD/JPY is likely to stop everyone out in extended periods of volatile…
July 11, 2013
Hope you’re making sense of all this whip-saw trading
We have seen some quite wild moves in all pairs over the last few hours, quick swing traders will…
July 10, 2013
EUR/JPY: Play wide 126.50/129.00 range
FXWW NewsJPY crossesTechnical Analysis
I certainly didn't expect it to fall so quickly, but I guess that's the point; no-one else did…
July 10, 2013
AUD/USD: Taking small profit off table at .9225
The Yen crosses are turning lower and I'm a bit worried that AUD/JPY is stabilising back below…
July 10, 2013
EUR/JPY: If the EUR is to break lower, this could be the driver
EUR crossesFXWW NewsTechnical AnalysisJPY crossesTrade Ideas
I've just had a long look at the EUR crosses, trying to find some reasons to be bearish, and the…
July 10, 2013
EUR/USD: Risk-reward would seem to favour the (brave) bulls
I'm in a huge minority in the FX market in that I very seldom trade EUR/USD. I much prefer to trade…
July 10, 2013
EUR/AUD: Mightn’t be a bad idea for shorts to book some interim profits near 1.3900?
AUD,NZDFXWW NewsEUR/USDTrade Ideas
I know many people have been trying, some successfully, to pick a top in this cross between…