October 28, 2013
USD/JPY opens higher in Asia on mainly technical buying
AUD,NZDFXWW NewsFlows and OrdersUSD/JPYTechnical Analysis
The failure to end last week below the 200-DMA, today just below 97.40, has encouraged a bout of…
October 25, 2013
Peter Jackson RIP
It saddens me to have to report that Peter Jackson, who many will remember from Forexlive, passed…
October 25, 2013
Stops aplenty in cable and USD/JPY
GBP crossesFXWW NewsUSD/JPYFlows and Orders
There are rumours that the BoK started buying cable, recycling their earlier intervention, and…
October 25, 2013
NZD staying weak in early Asian trade
FXWW NewsAUD,NZDFlows and Orders
NZD/USD has broken below overnight lows at .8320 and AUD/NZD is testing daily highs near 1.1550.…
October 25, 2013
AUD/USD: Soft feel this morning, risk-off Friday
Flows and OrdersFXWW NewsTechnical AnalysisAUD,NZDTrade Ideas
Mixed pictures on the crosses with AUD/JPY looking soft, targeting 92.80, and EUR/AUD looking…
October 25, 2013
NZD continues to look very weak on the crosses
FXWW NewsAUD,NZDTechnical Analysis
AUD/NZD close above 1.1500 could be an important psychological turning point; EUR/NZD has an…
October 25, 2013
USD/JPY: Sitting right on the 200-DMA
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
Heavy offers reported between 97.70/85; Technical support at 97.25 200-DMA (see chart); Weekly…
October 24, 2013
Sovereign buyers drive EUR/USD through 1.3800; 1.42 here we come
FXWW NewsEUR/USDFlows and Orders
The barrier has been breached and stops above 1.3810 have been triggered after fresh demand was…
October 24, 2013
AUD slightly higher after Chinese PMI data
New orders came in at a 7-month high and the 50.9 reading was a modest improvement on last month's…
October 24, 2013
EUR continues to be very well supported
Flows and OrdersFXWW NewsTechnical AnalysisEUR/USDTrade Ideas
The strengthening Yuan is leading to some quite heavy EUR buying from Chinese interests; Sell…
October 24, 2013
AUD/USD: Look to play wide .9525/.9750 range in coming sessions
FXWW NewsAUD,NZDTechnical Analysis
The 200-DMA at .9750 is looking like the crucial technical level (see chart); Support levels are…
October 24, 2013
USD/JPY: Market watching for daily close below 200-DMA (worth 530 pips?)
Obviously all charts have slightly different data but the ones I've seen have the 200-DMA coming…
October 24, 2013
Light turnover during NY session apart from the CAD
The BoC surprised the market with a dovish statement and this sent the CAD scuttling lower. As you…
October 24, 2013
FX market now less predictable after yesterday’s change in tempo
We had a definite change in tempo yesterday during the Asian session and through early Europe with…
October 23, 2013
GBP/CHF: Large seller emerges in early London
It's been all about the crosses today and after the JPY crosses got smashed in the 2nd half of the…
October 23, 2013
Quick overview of busy Asian session
Yen crosses opened with a very bullish tone after US data; AUD/USD broke higher after…
October 23, 2013
Equity markets continue to fall in Asia; USD/AXY on the rise
My technical support level in EUR/JPY lasted all of a few minutes; Equity markets are down across…
October 23, 2013
EUR/JPY: Look to buy near 134.35/40 with tight stop
Good technical support at that level (see chart); Risk sentiment likely to stay positive which…