August 13, 2014
Cable: Prefer to buy any intraday dips
The GBP looks a bit suspect overall on some of the crosses so I wouldn't be getting carried away…
August 13, 2014
More intraday range trading likely in AUD and NZD
NZD support levels held yesterday with the EUR/NZD bearish resistance line, a short-term AUD/NZD…
August 12, 2014
NZD/USD: Taking small long position .8420
EUR/NZD sitting on bearish trendline; AUD/NZD has short-term Fibo resistance at 1.1005 and major…
August 12, 2014
GBP/CAD: Here’s one for the risk-reward contrarians
Ask yourself a question- were you short and bearish GBP/CAD at 1.55? Are you now long and bullish…
August 12, 2014
NZD/USD: Orders reports suggest ‘buy-dip’ intraday strategy
Flows and OrdersFXWW NewsAUD,NZD
AUD/NZD: There are still reports of large stops below 1.0920 and a quick look at your charts will…
August 12, 2014
USD setting up for bearish turn
GBP/USD: After a healthy retracement, cable will find a base somewhere near the mid-1.60s and…
August 11, 2014
EUR crosses likely for further short-term squeezes
EUR/GBP has been one of the trades of choice for professional traders over the last few months and…
August 8, 2014
NZD/JPY: Strong technical support near 85.75/80
There is a possible double-top on the daily chart at 89.70 and it's neckline comes in at 85.80.…
August 8, 2014
AUD/NZD: Important intraday support at 1.0920
There were reports large week of heavy stops below there; The renewed failure at 1.1050 has opened…
August 8, 2014
JPY crosses: Failure to rally after GPIF headlines suggests downside risk
Yesterday afternoon's headlines that the GPIF would increase allocations to Japanese stocks only…
August 7, 2014
ABS: Change in calculation method for Australian employment
This is courtesy of MNI via the FXWW chatroom: The Australian Bureau of Statistics is making…
August 7, 2014
AUD/NZD: Risk-reward favours bears after poor Australian jobs data
Very poor headline unemployment rate, 6.4% is much worse than expected; Some of this explainable…
August 7, 2014
USD/CAD: Sharp rejection of 1.1000
I remain very bearish on USD/CAD for the simple reason that the rest of the market is irrationally…
August 6, 2014
NZD: Big support levels looming against USD and AUD
AUD/NZD resistance at 1.1050 has proven very strong in recent times. I'm sure the market will have…
August 6, 2014
NZD jittery heading into jobs numbers after another big fall in milk prices
The NZ economy is heavily dependent on dairy and the continued fall in milk-product prices will be…
August 6, 2014
Crosses still to fore but USD keeps edging higher
I'm still of the opinion that the market isn't convinced by it's own USD bullishness; AUD/USD is…
August 5, 2014
USD/CAD: Edging into short position
I may as usual be a bit early getting into this trade but I feel that levels near 1.0925 offer…
August 5, 2014
AUD: RBA main event on today’s calendar
There would seem to be very little chance of any surprise in policy or language and we can expect…