February 28, 2014
Market rumours that PBOC band widening this weekend
USD/CNH spiked briefly up to 6.1340 before settling back near 6.1270 amid more chatter concerning a…
February 28, 2014
AUD/NZD: taking my ball and going home
Once again the NZD defeats me and I'm giving up on my latest attempt to pick a base in this pair.…
February 28, 2014
Choppy, tricky market-conditions continue
If I could come up with a few more adjectives to describe the current market conditions then I…
February 27, 2014
EUR/CHF: Daily support levels at 1.2165
Most of the action is once again in the crosses: AUD/NZD has taken out important daily support at…
February 27, 2014
AUD/NZD: Testing recent support levels near 1.0730
I remain long of this pair and in fact I bought a bit more yesterday, which doesn't look like a…
February 27, 2014
NZD higher in early trade on higher milk price forecasts
New Zealand is a small economy which is heavily reliant on the dairy industry. Any change in the…
February 26, 2014
Cable: Large expiries today might keep the pair capped
There are some large expiries later today at both 1.6600 and 1.6650 which should ensure that cable…
February 26, 2014
AUD/NZD: Still long and still liking the look of this pair
For me the AUD/NZD has always been a classic range trade in the long-term; buy it under 1.10, sell…
February 26, 2014
Looking to GBP/AUD and GBP/JPY for some intraday trading opportunites
Very little of note on today's economic calendar and most interest will focus on the CNY after…
February 25, 2014
AUD remains unaffected by huge moves in CNY
First thing this morning we saw a sharp move higher in USD/CNY, orchestrated by agent banks of the…
February 25, 2014
GBP/AUD: Risky trade idea but R/R looks promising
Market is overall short of AUD and there will be heavy stops above .9100 in AUD/USD; Market is…
February 25, 2014
GBP: How to trade the big flow events such as today’s M&A flow
The entire FX market (and their Grannies) seem well aware that there is a big M&A deal going…
February 25, 2014
AUD/USD: .9080/.9100 looming as pivotal medium-term resistance
Higher equity markets and higher precious metal prices have combined to give the AUD a bid tone…
February 24, 2014
USD/CAD full analysis: Market still very bullish but …..
You don't have to be a genius technical analyst to glean from the long-term charts that this pair…
February 24, 2014
GBP/CAD still market’s trade of choice
Morning all. The market's aren't getting any easier to read in my opinion and in cases like this…
February 21, 2014
AUD/USD lower after Deutsche Bank puts out very bearish call
I'm hearing that they mentioned a move to 60 cents by next year! USD/CNH is higher in early Asian…
February 21, 2014
USD/CAD: Still looks vulnerable to me
Once again I'll start with the acknowledgement that my track record on the CAD is rather poor and I…
February 21, 2014
Sharp rebound in AUD/JPY certainly muddies the waters
I'm still of the opinion that the Gold/Silver markets are telling us something important; The…