April 17, 2014
Cable: Stops triggered above 1.6825 in thin trading conditions
Market conditions were always going to start thinning out today ahead of the long weekend and the…
April 17, 2014
EUR/GBP: Fresh shorts in play
I had a really good run lower on this pair from .8540 to .8200 and even managed to turn long once…
April 17, 2014
Plenty of action still in the crosses
For an old 'cross' trader like myself, yesterday was a very interesting day with the NZD leading…
April 16, 2014
GBP/NZD worth considering a long trade on bullish break of 1.9520.
GBP/NZD has just broken technical resistance near 1.9520; Cable looks set to break above important…
April 16, 2014
GBP: Testing important resistance levels after very decent UK jobs data
Unemployment rate now under 7.0%; Very important technical resistance in cable at 1.6825; Clean…
April 16, 2014
AUD/NZD: Targeting technical resistance at 1.0940
We have taken out one large resistance level already near 1.0890 as NZ CPI and this morning's dairy…
April 16, 2014
USD/JPY: Still hovering above important support levels
I don't see much point in getting involved in USD/JPY at the moment. There is major support coming…
April 16, 2014
NZD/JPY: Still worth considering this short-trade strategy
It's too close to Easter for me and I'm happy to stay on the sidelines but the risk-off players out…
April 16, 2014
AUD/USD: More downside risk as long weekend beckons
Like I said yesterday morning, the short-term AUD market smells a bit long heading into the long…
April 15, 2014
Cable: Market targeting stops below 1.6680
As many have pointed out to me since my last post, the double-top on the daily chart will lead to…
April 15, 2014
GBP: I’m turning very bullish again
Please don't ask me for 5 exact reasons, but the overall price action especially on the crosses…
April 15, 2014
NZD/JPY: Bearish entry level for ‘risk-off’ players
If you are of the opinion that we may get some risk-off sentiment ahead of the long Easter break,…
April 15, 2014
AUD/USD: Still looking bit overbought ahead of RBA minutes
Hate to rub it in :) but the place to buy AUD/USD was at .9025 a few weeks ago and not to be…
April 14, 2014
EUR: Why is Draghi now becoming more worried about a higher EUR
If Mario is trying to talk down the EUR, does that mean that he thinks it's going higher? I don't…
April 14, 2014
USD/JPY: Still prefer the short-term sell-rally strategy
The market remains bullish USD/JPY and it also remains long and susceptible to short-term…
April 14, 2014
Look to Yen crosses for intraday trading opportunities
It will be a short week with many traders taking it easy ahead of a long Easter break. I wouldn't…
April 14, 2014
EUR opens lower after Draghi comments
Comments from ECB chief Draghi that a stronger EUR would trigger looser ECB policy have seen the…