August 16, 2013
Cable: Still heading higher
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
You all know my extreme views on cable by now, based on recent price action and overall GBP levels…
August 16, 2013
AUD/JPY: Looking to buy intraday dips to 88.70
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasAUD,NZD
After a strong technical break higher in recent days we are currently seeing a retracement (see…
August 16, 2013
Metal moves suggest USD weakness ahead
FXWW NewsAUD,NZDGBP crossesTrade IdeasUSD/JPY
Twice this week Silver has posted a daily gain of 5%+, this is a serious signal and not to be…
August 14, 2013
Blog back on Friday
I'm travelling tonight and tomorrow but will be back on-line on Friday, hopefully with some 'cheap'…
August 14, 2013
European currencies range-bound in Asia: USD/CHF squeezing shorts
FXWW NewsTechnical AnalysisGBP crossesTrade IdeasEUR/USDOthers
USD/CHF has been a significant mover over the last few days and the short squeeze could pick up…
August 14, 2013
AUD/NZD back below 1.1400 after better-than-expected NZ retail sales data
FXWW NewsAUD,NZDTechnical Analysis
The economy over the ditch is doing alright it seems, with people having some spare cash probably…
August 14, 2013
USD/JPY: Underpinned by covering on crosses and rising US yields
FXWW NewsUSD/JPYOpen/WrapTrade IdeasJPY crosses
Significant optionality reported near 98.50 which should prove magnetic but will also be tough to…
August 14, 2013
AUD/USD outlook, August 14th
FXWW NewsTechnical AnalysisOpen/WrapTrade IdeasAUD,NZD
I'm still very firmly in the buy-dip camp and I believe levels near .9035/50 will give existing…
August 14, 2013
Fed: Chances of September tapering on the increase
Comments from Dennis Lockhart, Atlanta Fed President, that he 'wouldn't rule out September' would…
August 13, 2013
Levels to watch out for in overnight trade
FXWW NewsEUR/USDFlows and OrdersUSD/JPY
EUR/USD: Large bids rumoured near 1.3270 with stops directly below there at 1.3265 from interbank…
August 13, 2013
AUD/JPY, USD/JPY both break resistance levels
FXWW NewsJPY crossesFlows and Orders
No point getting in the way of these moves, with the market always happy to sell Yen. Buying dips…
August 13, 2013
USD/JPY: Prior support at 97.55/60 holds firm first time around
Remember how much trouble we had trying to break below here! Now we might have exactly as much…
August 13, 2013
AUD/JPY edging back toward 89.00 resistance levels
USD/JPY is proving quite resilient, sitting just below Fibo resistance at 97.40, and AUD/JPY is…
August 13, 2013
AUD/USD: Modest technical support close-by at .9105
FXWW NewsAUD,NZDTechnical Analysis
The 38.2% retracement of .8920/.9220 comes in at .9105 (see chart). I'm hoping to re-buy my Friday…
August 13, 2013
USD/JPY: Technical resistance 97.40/60
FXWW NewsTechnical AnalysisTrade IdeasUSD/JPY
The 38.2% retracement of the 99.95/95.80 move comes in at 97.40 and the previous strong support at…
August 13, 2013
AUD/JPY likely to be the key intraday mover
FXWW NewsAUD,NZDTrade IdeasJPY crosses
Strong technical resistance at 89.00 in AUD/JPY. AUD positioning remains at extreme short levels,…
August 13, 2013
August 13th: Silver continues its march higher, Yen slightly lower on FX markets
I've closed out my USD/JPY shorts for a tidy profit, preferring to play the USD-bear card through…
August 12, 2013
EUR/USD: Should be very well supported on dips to 1.3250/80
FXWW NewsEUR/USDFlows and Orders
Just reading some reports from Deutsche and Goldman Sachs and both have pretty much the same view;…