Levels to watch in afternoon trade


I'm still of the same view, the EUR has done a lot of its work already and is overbought on the…

Crosses get out of whack in these volatile stop-driven markets


This is how I see it. The market got way overly-exuberent on its taper-driven USD rally and we will…

AUD/USD: Reasonably orderly compared with EUR/USD! Look to book profits .9325/40


Certainly the size of short positions in the AUD/USD hasn't been as big as in EUR/USD, judging by…

EUR/USD: Wild wild short-covering


The market loves to be short EUR/USD but they're getting well and truly hammered this morning…

Hope you’re making sense of all this whip-saw trading


We have seen some quite wild moves in all pairs over the last few hours, quick swing traders will…

EUR/USD: Risk-reward would seem to favour the (brave) bulls


I'm in a huge minority in the FX market in that I very seldom trade EUR/USD. I much prefer to trade…

EUR/AUD: Mightn’t be a bad idea for shorts to book some interim profits near 1.3900?


I know many people have been trying, some successfully, to pick a top in this cross between…

Modest NZD selling noted in early trade


There isn't much going on this morning with only some modest NZD selling to report from the…

EUR/JPY: Stops triggered above 130.20


Our hedge fund insider @FXWW888 is reporting that stops are currently being triggered above 130.20…

Major banks maintaining their bullish USD stance


I've just read through the weekend reports from a few of the major banks and they are all still…

Big support levels to watch in early trade


It's been a quiet start to the interbank trading week but there are some levels worth watching…

EUR/USD: Weekly preview July 7th


This pair has been in range trading mode for an extended period and is currently sitting right on…

EUR positioning at relatively neutral levels overall


I'm really not sure what to make of the EUR/USD overall, and this is the one pair which is…

EUR/USD outlook, Friday July 5th; Range trade with bearish bias


If medium-term consolidation is to continue then support levels near 1.2800 should hold (see…

Cable: Why its headed back toward 2.10


AUD/USD was toppy at 1.07 but is oversold at .90 and will retrace from here back towards 1.00,……

EUR/NZD: Nice technical set-up for extended range play


Have a look at the EUR/NZD weeklies (see chart) with a very nice technical set-up with myriads of…

EUR/USD: Look to crosses for main drivers


EUR/GBP, EUR/JPY and even EUR/AUD all look susceptible to downside moves and I prefer to play all…

EUR/USD: Sovereign buyers off-setting selling on the crosses


The market has been building longs in EUR/JPY and EUR/AUD over the past few months and we've seen…