December 6, 2013
USD/JPY techs: Initial target at 100.80
FXWW NewsUSD/JPYTechnical Analysis
Market is caught long and is in retracement mode; NFP day is usually a big day for USD/JPY…
December 6, 2013
EUR/USD: As always it’s a matter of finding the 200-pip range (1.3575/1.3775)
The EUR looks quite strong on the crosses with EUR/AUD consolidating gains and EUR/GBP rebounding…
December 6, 2013
AUD: Sentiment still bearish but expect some choppy consolidation
AUD/NZD support at 1.1000 continues to hold. One trader whose opinion I value highly thinks that…
December 6, 2013
Did I mention GBP/JPY looked toppy…..
One thing that will never change in the FX market is that erstwhile bears change their coats and…
December 5, 2013
Early European traders chasing stops in USD/JPY and EUR/USD
AUD,NZDFXWW NewsEUR/USDUSD/JPYFlows and Orders
Stops tripped above 1.3625 in EUR/USD with more reported above 1.3640; Stops tripped below 101.90…
December 5, 2013
GBP/JPY: Good risk-reward for the contrarian bears
GBP crossesFXWW NewsJPY crossesTrade Ideas
Looking for extremely over-bought or over-sold conditions can be a very profitable exercise in the…
December 5, 2013
GBP and EUR having a short vacation
GBP crossesFXWW NewsEUR crossesTrade Ideas
Very little movement in either overnight; I've reduced my long position in GBP/USD as the…
December 5, 2013
AUD/USD: Trade data today and sentiment remains bearish
AUD/NZD traded to lows at 1.1002 last night as barrier protection held the first attempt; AUD/JPY…
December 5, 2013
USD/JPY: Headed back towards 100 in short-term
Trend highs at 103.70 were untested and the market ran out of momentum above 103.00 this time; All…
December 4, 2013
AUD/USD now over 100 pips lower on the day
FXWW NewsAUD,NZDFlows and Orders
We saw highs near .9150 in very early trade this morning and the pair is still looking heavy, 115…
December 4, 2013
USD/JPY looking very soft as crosses turn south
USD/JPYFXWW NewsFlows and OrdersTrade Ideas
Market is already quite long of USD/JPY according to most reports; EUR/JPY turned sharply lower…
December 4, 2013
AUD/JPY still driving lower, next support near 92.20
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
Option barriers at .9050 in AUD/USD have been breached; Heavy selling in AUD/JPY is the main…
December 4, 2013
AUD/JPY stops triggered below 93.05 after weaker than expected GDP
FXWW NewsAUD,NZDFlows and Orders
Q3 GDP came in lower than expected at +0.6% QoQ. This number is just another excuse for traders to…
December 4, 2013
AUD/USD: GDP today, short-term basing pattern evolving?
Recent technical support and barrier protection at .9050/60 held yet again yesterday despite some…
December 4, 2013
EUR/USD: Important level to watch today at 1.3625/35
A 61.8% retracement level at 1.3625 has been holding firm in recent days; Fibos are unreliable in…
December 4, 2013
USD/JPY: Reverses sharply as short-term market caught long
FXWW NewsUSD/JPYFlows and Orders
AUD/JPY and NZD/JPY were both at top of recent ranges; EUR/JPY was exhausted after triggering a…
December 3, 2013
Cable: Selling a bit more at 1.6410
FXWW NewsGBP crossesTrade Ideas
There has been more positive data out of the UK and this has seen cable move back above 1.6400.…
December 3, 2013
AUD/USD fairly steady after un-surprising RBA
Bids at .9060 are still holding firm and AUD/USD has settled near .9085 after the RBA delivered no…