April 11, 2014
Monday webinar on FX Street: Earning an income in online FX space
I'll be doing a webinar on Monday on FX Street starting at 10am GMT. The subject matter will be all…
April 11, 2014
USD/CAD: Fibo and buy-orders provided strong base
The 38.2% retracement of the big up-move from 1.0175/1.1280 came in at 1.0858, which was…
April 11, 2014
AUD/USD longs getting squeezed; look for support near .9335
The short-term market was obviously a bit overly long AUD and we are getting a typical Friday…
April 11, 2014
USD/JPY: Important technical support levels ahead of heavy stop-loss orders
Weekly intermediate bullish trendline comes in near 101.40; Series of daily lows near 101.20;…
April 11, 2014
USD/CAD: Cutting my short position (CAD/JPY the worry)
My recent 100% losing record on the Loonie is set to continue and I'm taking a smallish loss on my…
April 11, 2014
Perfectly set up for risk-off Friday
Equity markets are nervous and USD/JPY is sitting just above important support levels with…
April 10, 2014
USD/CAD: Shorts in play, sometimes you just gotta have a go
The Loonie owes me big time! And is probably likely to owe me more pretty soon if I get stopped out…
April 10, 2014
AUD/USD: Next resistance near .9450 prior daily highs
The dip-buyers aren't getting any chances at all and the AUD/USD smashed through the 94 cents…
April 10, 2014
EUR/USD: Obvious resistance nearby at 1.3875
There is a previous daily high at 1.3875 which offers an obvious resistance level; Crosses are…
April 10, 2014
USD/JPY: Plenty of dip buyers around but…..
I'm not too sure what to do with USD/JPY. Overall it looks like we are in a holding pattern…
April 10, 2014
USD/CAD: Break below 1.0880 and close below 1.0900 has bears firmly in charge
If you're bearish USD/CAD (and I am), then you might consider a short near current levels with a…
April 10, 2014
Cable: Large stop-loss orders above 1.6830 (could get nasty in Twilight zone)
FXWW NewsGBP crossesFlows and Orders
There are some large stop-loss buy orders above 1.6830 in the cable and although that's still 40…
April 10, 2014
AUD/USD: Big barrier battle ahead of .9400 on big-data day
A very large US investment house was a noted seller at .9398/99 overnight, obviously protecting a…
April 9, 2014
NZD/USD makes marginal new highs, no follow-through as yet
NZD/USD is trading above previous daily highs at .8700 but hasn't accelerated. I'd stay in the…
April 9, 2014
AUD/USD: Market still smells short, buying dips the play
I know it's rather unscientific but the AUD/USD market still 'smells' very short to me and more…
April 9, 2014
EUR/USD: Sideways trading preferred with both currencies looking weak
The EUR is looking weak on the crosses; the short-term EUR/GBP bull trend has broken down, the…
April 9, 2014
Cable: Consolidation over, buying dips now preferred
The USD is losing friends across the board and with pairs like EUR/GBP starting to break lower…
April 9, 2014
Real money players behind overnight USD sell-off
Some well-connected traders in the FXWW chat-room are speculating that even better connected types…