December 31, 2013
2014 predictions: AUD/USD- pick the 20 big figure range
Looking back over the years you will probably find that the AUD/USD tends to trade inside of a 20…
December 31, 2013
Out with the old, in with the new
GBP crossesAUD,NZDJPY crossesFXWW NewsEUR crosses
The FX market has stayed quiet and overall turnover is very low. The last day of 2013 is unlikely…
December 30, 2013
USD/JPY: Major technical resistance at 105.50
Technical AnalysisFXWW NewsUSD/JPY
The 61.8% retracement of the big downmove from 124.00 to 75.50 comes in near 105.50 (see chart).
December 30, 2013
AUD/NZD trade idea: Buy intraday dips towards 1.0800
Current levels below 1.10 are 'irrational' imho but as we know the market can stay irrational…
December 30, 2013
Yen crosses focusing on new topside targets
EUR/JPY gapped higher on Friday in extremely thin trading conditions and more gains towards 149.00…
December 30, 2013
Cable: Stay in dip-buying mode
Regardless of what is happening in the market, it all seems to be bullish for the cable. The Yen…
December 27, 2013
AUD/USD: More downside likely but bearish momentum waning
Technically this pair still has some scope towards .8650 but further falls are likely to be…
December 27, 2013
USD/JPY: I prefer to sell big rallies
Certainly USD/JPY looks extremely well bid at the moment and there are no signs of a top forming…
December 27, 2013
EUR/GBP ready to make move towards .80 and below
Trade IdeasGBP crossesFXWW NewsEUR crosses
Since breaking above 1.6250, cable has been unable to break back below (apart from one minor…
December 23, 2013
AUD/NZD: Looks to be headed for 1.10
It looks to me as if the cross is forming an exhaustive base at 1.0750 (yes I'm biased and talking…
December 20, 2013
Winding down early for the holiday period
The market has been very quiet overnight with only some modest flows in CAD, AUD and NZD being…
December 20, 2013
AUD/NZD: Trying to form a short-term base
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
I'm hoping I might have managed to pick that elusive bottom yesterday; The hourly chart is trying…
December 19, 2013
AUD/NZD: Small longs in play
AUD/USD feels oversold to me and whilst the trend is lower, I feel we may get some consolidation;…
December 19, 2013
Very classy call on GBP/CAD from Morgan Stanley
I posted this trade idea from Morgan Stanley just a few days ago and it turned out to be an…
December 19, 2013
AUD starting to look oversold on the crosses
AUD/NZD is way too low, with mid-range values for last 20 years around 1.18/1.20; AUD/JPY is…
December 19, 2013
Dollar likely to stay well bid over holiday period
Trade IdeasUSD/JPYFXWW NewsEUR/USD
USD/JPY is trading at 5-year highs and the market is all bulled-up for more gains. I'm not joining…
December 18, 2013
Cable: Book some intraday profits and look to re-load on dips
Trade IdeasFXWW NewsGBP crosses
This morning's trade has worked out nicely but there is no point in being too greedy ahead of the…
December 18, 2013
AUD/JPY: Favour buying dips towards strong technical support levels
Technical AnalysisJPY crossesFXWW NewsAUD,NZD
Neckline of double bottom comes in around 90.00 (see chart); 61.8% retracement of rally from 86.50…