November 23, 2012
Modest amount of USD selling in quiet trading conditions
It will be a very quiet session to end the week here in Asia, with only a modestly lower USD to…
November 23, 2012
USD/JPY: Trying hard but unable to generate bearish momentum
The bears are trying to take advantage of severely overbought technicals to try and wrest back…
November 23, 2012
USD/JPY session outlook: Still heavily overbought but remains resilient
Some of the cross pairings look exceedingly overbought on shorter-term time-frames but that is…
November 23, 2012
EUR/USD session outlook: Should struggle ahead of 1.2900
Flows and OrdersEUR crossesEUR/USD
EU council meeting starts shortly but headlines are unlikely for quite some time: The EUR did well…
November 23, 2012
Asian market open
Yon can click through here and read my full opening comments on FX Street.
November 23, 2012
The day ahead in the FX market, Friday November 23rd
Should be very quiet with the US closed for Thanksgiving long-weekend and Japan also closed: Most…
November 22, 2012
10-year Greek yields almost 0.5% lower
The EUR is getting a boost from the sharp drop in Greek 10-year yields.
November 22, 2012
EUR/JPY dispatches another technical resistance level
Technical AnalysisEUR crossesEUR/USD
This very strong trend continues to power ahead and weekly trendline resistance near 106.20 has…
November 22, 2012
EUR/USD: Still some sizeable stops around
I would not be at all surprised to see these stops targeted before the long weekend begins. The…
November 22, 2012
Quick overview of Asian FX market
Fairly quiet in Asia ahead of long weekend in the US: Nikkei +1%, Hang Seng +0.6%; Gold $1731/oz:…
November 22, 2012
JPY crosses giving up some gains on pre-holiday profit-taking
EUR/JPY is still drifting lower after stalling at the trend-line resistance and AUD/JPY has also…
November 22, 2012
AUD up 15 pips after improved China PMI
The HSBC flash China PMI rose by almost 1 point to 50.4, indicating renewed expansion in the…
November 22, 2012
EUR/JPY: Pulls back off weekly trend-line
Technical AnalysisEUR crossesUSD/JPYJPY crosses
The weekly trend line which I mentioned earlier ("first main level to watch today is in EUR/JPY…
November 22, 2012
Market still overall short of EUR
It's very logical to be short and bearish of the EUR given the situation in Greece and Spain but…
November 22, 2012
Trailing stops triggered in EUR/USD
The EUR is higher across the board over the last hour with trailing stops in thin markets getting…
November 22, 2012
USD/JPY session outlook: Might pause for breath again near 83.20
USD/JPY traded in a tight 40 pip range between 79.20/60 before the current explosive bull move…
November 22, 2012
Asian market open
You can click through here and read my full opening comments on FX Street.
November 22, 2012
The day ahead in the FX market, Thursday November 22nd
Could be fairly quiet today ahead of the US Thanksgiving holiday: Yen weakness continues to…