May 26, 2014
Central bankers still keen to talk their currencies lower
Over the weekend we heard references from both the ECB (Coeure says that the ECB should take FX…
May 26, 2014
USD looking reasonably solid to start the week
USD/JPY has bounced nicely after the stop-loss driven push below 101.00 early last week. I expect…
May 23, 2014
AUD/NZD: Bulls can consider longs with tight stops below 1.0740
This pair worries me a bit as seemingly everyone I speak with is either bullish or long. Maybe this…
May 23, 2014
EUR/GBP: Risky contrarian trade idea
99% of the market is now bearish EUR/GBP which does suggest that we may be in for a relief rally;…
May 23, 2014
CAD continues to provide bullish signals
Overnight we saw some minor signals in AUD/CAD and CAD/JPY which continue to point towards…
May 22, 2014
GBP likely to stay strong at least until .8050 is tested in EUR/GBP
The GBP showed its resilience again yesterday. Certainly the data was strong again but the market…
May 22, 2014
EUR/USD: Starting to feel increasingly bearish
EUR/GBP is consolidating below previous support at .8160 and medium-term bear targets near .77 are…
May 21, 2014
USD/JPY: Stops both sides of market ahead of Kuroda speech
USD/JPY reacted surprisingly little to the BOJ policy announcement. There had been some small…
May 21, 2014
USD/JPY: Barrier at 101.05 has been vigorously defended
I'm not sure if this barrier is still live or not but it has been stoutly defended over the last…
May 21, 2014
AUD/USD: This is the dip I’ve been waiting for
AUD/USD is almost 100 pips lower compared with yesterday morning's open and I'm definitely in…
May 21, 2014
BOJ main focus for today’s trading session
We saw a lot of professional traders buying puts in pairs like EUR/JPY and AUD/JPY yesterday amid…
May 20, 2014
AUD/USD: Closing in on stops below .9270
Flows and OrdersFXWW NewsAUD,NZD
The second level of intraday stops were reported this morning below .9270 (first below .9310) and…
May 20, 2014
Speculative market continues to buy downside puts in Yen crosses
It seems that some bigger professional speculators are of the opinion that the BOJ will do…
May 20, 2014
Spending a few days back on Forexlive
I'm helping Adam out over on Forexlive and even though there isn't much to report on, I'll be doing…
May 20, 2014
AUD lower on sliding iron ore prices
Today's RBA minutes will not contain any surprises as we had the Statement of Monetary Policy last…
May 19, 2014
Cable: M&A news could weigh on GBP over coming sessions
AstraZenica has rejected an improved bid from Pfizer to the tune of GBP69 billion. If this had gone…
May 19, 2014
USD/JPY: Large stops below 101.15 drifting into focus
There still seem to be some large bids ahead of 101.20 but all I'm hearing about is the large stops…
May 19, 2014
EUR: Everyone’s getting very bearish
Firstly, recent history would suggest that we are much more likely to see range trading markets…