April 1, 2014
Cable: Closing above 1.6650 but I’m still in ‘range-trading’ camp
The fact that we are closing above previous resistance at 1.6650 is another technically bullish…
April 1, 2014
AUD/JPY: Testing previous daily highs at 95.70
This pair will again be very busy with Tankan, RBA and Chinese PMI affecting risk sentiment. If…
April 1, 2014
Noisy markets ahead of very busy Tuesday
There are plenty of risk events on today's economic calendar. The start of the new Japanese…
March 31, 2014
EUR/USD: Market turning bearish, I prefer to range trade
EUR crosses are mixed with EUR/JPY turning bullish, EUR/GBP back to neutral, and EUR/AUD now quite…
March 31, 2014
Asian weekly open: Usual stop-loss hunts underway
Fairly quiet start to the interbank trading week but we are seeing some stop-loss hunting in the…
March 30, 2014
Cable: Ranges still intact- looks ‘toppy’ in short-term
Medium term bull trend in control but short-term resistance at 1.6650 is also very solid; EUR/GBP…
March 30, 2014
USD/JPY: Probably another false move
The market remains very bullish on USD/JPY but market positioning is also still quite long;…
March 30, 2014
AUD/USD: Buy big dips towards .9135
The short-term bull trend has run out of a bit of steam but I remain very much in the buy-dips…
March 28, 2014
AUD/USD: Time to start booking some profits
AUD/USD has moved almost 300 pips from our entry levels and it would be silly not to book at least…
March 28, 2014
Cable: Clear range edges at 1.6470/1.6650
Those trading this range will have enjoyed a few very profitable sessions and I'd suggest that we…
March 28, 2014
EUR still looks heavy as crosses continue to weigh
The EUR has lost more ground against all of the other majors; EUR/JPY is sitting right on…
March 28, 2014
AUD/USD: Happy to stick with uptrend for now
Some big moves are underway in the crosses with the AUD and NZD remaining strong in the short-term…
March 27, 2014
Cable: Favour buying dips during London trade
Like I said earlier, the range edges are pretty well defined at 1.6470 and 1.6650. I fancy a…
March 27, 2014
USD/CAD: Feeling over-extended; prefer shorts for move to 1.0900
My track record on the Loonie isn't very good so please take that into account! After the strong…
March 27, 2014
USD/JPY: Continue to leave alone until end-of-fin-year flows are complete
Sorry, I've got no clues on USD/JPY. AUD/JPY looks very bullish but resistance is pretty strong…
March 27, 2014
Cable: Still looking for test of 1.6650
GBP/AUD has made an important technical break lower; EUR/GBP short-term bullish momentum is…
March 27, 2014
EUR starting to look soft on the crosses; drop buy-dip strategy for EUR/USD
EUR/AUD has made a major technical break lower below 1.50 and selling rallies is heavily……
March 27, 2014
AUD/USD: Still long, looking to book some interim profits near .9290
I've been building this position over the last week and whilst I think there is plenty of scope to…