August 6, 2013
EUR/CHF: Big Swiss players noted sellers overnight
OthersFlows and OrdersFXWW News
EUR/CHF seems destined to grind the bulls into submission again and it looks as if some of the…
August 6, 2013
AUD: The market is short, it’s August, and volumes are down….
AUD,NZDFlows and OrdersFXWW News
That spells danger in my book. The big banks reported significantly lower volumes overnight and…
August 6, 2013
GBP looking friendlier after strong PMI data yesterday
Flows and OrdersTrade IdeasGBP crossesFXWW News
The GBP is looking stronger on the crosses after yesterday's strong (and leaked) PMI data. EUR/GBP…
August 6, 2013
USD/JPY: Still favour lower, but will stay choppy
Flows and OrdersJPY crossesTrade IdeasUSD/JPYFXWW News
No major change to my outlook here, I still think that we will gradually trade lower over coming…
August 6, 2013
AUD to stay range-bound ahead of RBA decision
At one stage yesterday, after the disappointing retail sales data, the market was pricing in a 102%…
August 5, 2013
Insiders had jump on UK PMI data
GBP crossesFlows and OrdersFXWW News
There were very strong rumours in the London market in the 30 minutes prior to the data release,…
August 5, 2013
USD/JPY takes out support near 98.55/60; targeting recent lows at 97.70
I don't think this pair is going to collapse but I think short is the correct position to have. I'm…
August 5, 2013
Gold could come to the rescue of beleaguered AUD
The bears are rampant in the AUD at the moment and there seems to be no prospect of any sort of…
August 5, 2013
USD/JPY: Solid demand but not much bounce yet
Flows and OrdersTrade IdeasUSD/JPYFXWW News
Our hedge fund insider @FXWW888 is reporting that Japanese Lifers have been noted buyers in recent…
August 5, 2013
AUD sliding after disappointing retail sales data
Technical AnalysisTrade IdeasAUD,NZDFXWW News
AUD/USD is hunting for stops near .8850 after disappointing retail sales data all-but confirmed an…
August 5, 2013
Bit of easy reading from Michael Lewis
Here's the latest Vanity Fair article from Michael Lewis, again related to Goldman Sachs.
August 5, 2013
EUR/USD: Topside test favoured
I still am sticking to my view that we are in a medium term sideways range trade between…
August 5, 2013
USD/JPY: Selling rallies favoured intraday
Like I wrote below, positioning is still the main factor at play here. Some of the crosses like…
August 5, 2013
AUD/USD: Likely to range trade ahead of RBA tomorrow
Technical AnalysisTrade IdeasAUD,NZDFXWW News
AUD/USD still looks technically extremely oversold but no sign of a bottom forming. AUD/NZD has…
August 5, 2013
NZD falls hard on Fonterra tainted milk scare
The dairy industry is very important to New Zealand and Fonterra is their biggest dairy exporter.…
August 4, 2013
USD/JPY: Positioning still the great unknown, risk-reward favours bears
Flows and OrdersTrade IdeasUSD/JPYFXWW News
Pretty much every analyst you listen to is trying to outdo one other with their bullish USD/JPY…
August 2, 2013
NZD/USD under pressure in early European trade
Technical AnalysisAUD,NZDTrade IdeasFlows and OrdersFXWW News
Technical resistance around 78.60 in NZD/JPY (see chart) has held nicely and straight NZD/USD has…
August 2, 2013
Quiet in Asia apart from few stop-loss runs
Open/WrapFlows and OrdersFXWW News
Gold triggered stops below $1300 as USD bulls return ahead of NFP USD/AXY also busy with solid…