December 3, 2013
AUD looking soft heading into the RBA
The reaction of the AUD/USD after the retail sales where it rejected .9130 was quite bearish in my…
December 3, 2013
AUD/JPY: Trade idea for the bearish contrarian
JPY crossesFXWW NewsAUD,NZDTrade Ideas
All those contrarians out there, like myself, should keep a close eye on this pair. If the 200-dma…
December 3, 2013
Big day for AUD with retail sales and RBA
Trade IdeasAUD,NZDFlows and Orders
Retail sales for November expected at +0.4% MoM; RBA widely expected to leave policy unchanged at…
December 3, 2013
Might be a good time to book some profits on EUR/AUD, GBP/NZD etc
EUR crossesFXWW NewsAUD,NZDGBP crossesTrade Ideas
Despite a big technical break yesterday, GBP/NZD failed to consolidate these gains and will close…
December 3, 2013
Look for USD strength to continue in coming sessions
USD/JPYFXWW NewsEUR/USDTrade Ideas
USD/JPY is set on challenging recent trend highs at 103.70; Cable looks overbought to me in…
December 2, 2013
Cable: Target filled at 1.6410
GBP crossesFXWW NewsFlows and OrdersTrade Ideas
The first of my longer term targets at 1.6410 has been filled. Remember that we've come from 1.50…
December 2, 2013
EUR/GBP: Stops triggered below .8290 in early interbank trading
GBP crossesFXWW NewsFlows and OrdersTrade Ideas
I remember being on the receiving end of some dodgy GBP/DMK stops during early Monday morning trade…
December 2, 2013
AUD/USD: Tending toward a bullish bias intraday
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
Prime brokers reports suggest to me that the speculative market is largely short as they wait in…
December 2, 2013
Levels to watch Monday December 2nd
FXWW NewsTechnical AnalysisTrade Ideas
EUR/GBP is edging below previous daily lows near .8290 and the bear trend is picking up some…
November 29, 2013
EUR/JPY: Resistance breaks; next level above 140.50
FXWW NewsJPY crossesTechnical Analysis
The 61.8% of the big fall from 169 comes in above 140.50 and that's the next obvious technical…
November 29, 2013
EUR/JPY: Testing important resistance levels
FXWW NewsJPY crossesTechnical Analysis
Monthly highs near current levels, 139.10/20; 61.8% retracement of big move from 169 comes in near…
November 29, 2013
Trades to watch for, Friday November 29th
GBP crossesFXWW NewsAUD,NZDTrade Ideas
Stay long cable, this is a no-brainer in my view. I've cancelled my take-profit orders this…
November 29, 2013
AUD/USD: Technical contrarian trade
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
The recent fall has stalled thus far at a 76.4% retracement level near .9060; The short-term…
November 28, 2013
Today’s highlights from the FXWW-Reuters chat-room
Once again apologies to all those awaiting access but we should have it sorted out very soon (as…
November 28, 2013
Cable: Partial take-profit orders set at 1.6410
FXWW NewsGBP crossesFlows and Orders
As you all know I'm very bullish on cable and have been for some time but I'm also a realist and…
November 28, 2013
AUD/USD: Fibo retracement at .9060 providing technical support
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
End-of-month flows expected to be AUD/USD positive; Fibo support at .9060 (see chart) providing…
November 28, 2013
Cable: Close above 1.6260 will only add to bullish sentiment
FXWW NewsGBP crossesTrade Ideas
GBP/AUD has accelerated higher again and it's next technical target is weekly highs just below…
November 26, 2013
AUD/USD testing short-term resistance levels around .9200
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
There is some resistance on the hourly chart around .9200 and I would expect to find some trailing…