January 15, 2014
Levels to watch during European trade
Technical AnalysisFXWW NewsFlows and Orders
USD/JPY: Technical resistance at 104.50 and sizeable sell orders at 104.60/65. USD/CAD: Barriers…
January 15, 2014
USD/CAD: Testing barrier options at 1.0975
High so far has been 1.0974; More barriers at 1.1000; Likely to be plenty of stops above 1.1010.
January 15, 2014
AUD/USD: Beware when the bulls turn bearish
There were quite a few so-called analysts spitting out bullish AUD/USD scenarios yesterday when we…
January 15, 2014
USD/JPY: Still feels like we could get a silly spike to 110+
Trade IdeasUSD/JPYFXWW NewsTechnical Analysis
I don't have a position in USD/JPY at the moment and therefore my opinion should carry less weight…
January 15, 2014
Cable: Bull trend in place but expect more sideways in short-term
Technical AnalysisFXWW NewsGBP crosses
4-hr chart shows the bull trend still in play but the MAs losing momentum (see chart); Major…
January 15, 2014
FX market does another sharp about turn
I've found the last few days to be very confusing with none of the levels which I presumed to be…
January 14, 2014
Big data events looming later today
Most of today's action was in regional stockmarkets which were up to 3% lower; USD/JPY rallied 50…
January 14, 2014
AUD/NZD: Testing short-term technical support near 1.0780
Previous hourly highs and a 6.8% retracement level sit at 1.0780; The bounce in USD/JPY is putting…
January 14, 2014
Silver still capped below $20.50
Flows and OrdersFXWW NewsAUD,NZD
The market is still talking about this $20.50 level in Silver so the stops through there must…
January 14, 2014
New Zealand business confidence hits 14-year highs
The NZD has jumped this morning after very strong business confidence data. AUD/NZD is back below…
January 14, 2014
Positional adjustment still the name of the game
First things first, if you're looking for intraday trading ideas then either ignore what I say or…
January 13, 2014
NZD/USD: Settling above previous hourly highs
Technical AnalysisFXWW NewsAUD,NZD
Selling the NZD/USD was obviously not a good idea and the break above previous hourly highs at…
January 13, 2014
USD/JPY runs through stops sub-103.70
Flows and OrdersFXWW NewsUSD/JPY
Looks like the strong CNY fix was the catalyst for AUD/USD to clear .9000 and for USD/JPY to slice…
January 13, 2014
Tokyo holiday adding to quiet trading conditions
Nothing going on today in the Asian market so best take advantage of the quiet conditions to get…
January 13, 2014
Few cheap-n-cheerful trade ideas to start the week!
USD/JPY: Buy at 103.70 with tight stop below 103.30, targeting 105.40; Cable: Buy at 1.6440 with…
January 13, 2014
Quiet start to interbank trading week
USD/JPY is slightly lower compared with Friday's close, currently trading near 103.90, but it will…
January 12, 2014
Silver: Break above 20.50 will trigger large short-covering
I haven't been trading Silver at all actively in recent months and I don't have a strong feel for…
January 12, 2014
Price reactions post-NFP tells us plenty about market positioning (and comfort levels)
Trade IdeasFXWW NewsFlows and Orders
The AUD made some big gains across the board after the NFP telling me that the market is…