March 21, 2014
AUD/USD holding up well despite lower metal prices
Obviously I'm very biased as I'm trying to build a long position but the fact that AUD/USD has…
March 20, 2014
USD/CHF: Major bank turns bullish post-FOMC
We are seeing some strong buying of USD/CHF as the European session unfolds and it may have…
March 20, 2014
AUD/USD: Trade of the year- get long!
The next move in interest rates will be up and this will happen well ahead of others like the US;…
March 20, 2014
USD/JPY: More range trading the likely outcome
I'm sure that the market will be getting bullish at the top and bearish at the bottom, but further…
March 20, 2014
EUR/GBP: Really starting to like the long trade
For someone who's been short and bearish for months, I'm surprised at how bullish I've now turned.…
March 20, 2014
Cable: Play 1.6400/1.6650 range
Short-term technical resistance at 1.6650 (trendline and 61.8% retracement) held perfectly…
March 20, 2014
EUR/USD: Looking to buy dips to 1.3785
The USD bulls are having a few moments in the sun post-Fed which was slightly more hawkish than…
March 19, 2014
EUR/USD: More likely to go up than down
The EUR is fairly neutral on the crosses, bullish against the GBP and CAD, medium-term overbought…
March 19, 2014
Cable: Buy big dips onto 1.64 handle
The GBP remains under pressure with quite heavy selling against the EUR, AUD and the NZD. Cable…
March 19, 2014
USD/JPY: Large bids reported towards 101.00
USD/JPY as usual will be all about stop-loss runs. The market is bullish and wants to buy. but…
March 19, 2014
AUD and NZD on cusp of big moves higher
I'm still holding off on calling a base in the AUD/USD as we could get some extended sideways…
March 18, 2014
AUD/USD: Order board reports suggest .9065/.9125 consolidation
AUD,NZDFlows and OrdersFXWW News
Prime brokers refer to large offers starting above .9125 through .9140; Local bank reported very…
March 18, 2014
EUR/USD: Still very much in buy-dip mode
The only cross where the EUR is looking a bit susceptible is EUR/AUD (yet another reason to…
March 18, 2014
AUD/USD: Market is bearish but struggling for momentum
AUD/USD has been trading below it's 200-dma for almost a year now but it looks like we are priming…
March 17, 2014
IMM positioning shows continued moves into EUR
This is the HSBC update on IMM figures good up until last Tuesday. Long USD positions fell to…
March 17, 2014
AUD/USD: Early morning losses now reversed
The result of the vote in Crimea had widely been expected as had the PBOC band-widening. It was not…
March 17, 2014
FCA first regulatory body to license copy trading
We've expected this for many years but reports from last week suggest that the UK's FCA will be the…
March 17, 2014
PBOC band-widening had been widely expected
The move by the PBOC to widen the USD/CNY trading band to 2% had been widely anticipated over the…