May 3, 2013
EUR/USD orders updated
Bids reported near 1.3030 but stops also directly below 1.3020. Sovereign buyers, including China,…
May 3, 2013
Levels to watch in the FX market, Friday May 3rd
Flows and OrdersAUD,NZDTrade IdeasEUR/USDUSD/JPY
Remember that China and Japan are closed again today so it should be quiet in Asia. AUD/USD bids…
May 2, 2013
ECB: Overwhelming expectation of a 25bps refi rate cut
All 6 major bank reports that I've read today expect the ECB to cut the refi rate to 0.5% but leave…
May 2, 2013
USD/JPY: Barrier defence still in play at 97.00
EUR/USDFlows and OrdersUSD/JPY
The market's biggest player is reportedly defending a 97.00/104.00 double-no-touch option and…
May 1, 2013
EUR/USD: I’m struggling to find reasons not to be bearish
Technical AnalysisEUR crossesTrade IdeasEUR/USD
After the debacle with Cypriot bank accounts, I have even less confidence in the EZ to get things…
April 30, 2013
EUR/USD: More stops reported below 1.3040
EUR/USDFlows and OrdersEUR crosses
Dealers report that more EUR/USD longs have headed for the sidelines below 1.3065 and there are…
April 30, 2013
EUR/USD: Plenty of selling interest above 1.3120
I'm hearing names like the BIS being mentioned so it looks like the EUR/USD might be trying to form…
April 30, 2013
Levels to watch in the major pairs
Flows and OrdersAUD,NZDGBP crossesTechnical AnalysisEUR/USDUSD/JPY
USD/JPY: Obvious range edges at 96.00/100.00 and inside of that at 97.20/98.80 (chart in members).…
April 29, 2013
Prefer to look for USD buying opportunities from current levels
EUR/USDUSD/JPYTrade IdeasAUD,NZDOthers
USD/JPY should find some decent support in the low 97's I feel, cable should be toppy near 1.5580…
April 29, 2013
EUR/USD: Still lacking direction between 1.29/1.33
Seems like the big Sovereigns are still keen to buy below 1.3000 but market sentiment is still…
April 26, 2013
Important levels to watch today
EUR/USDEUR crossesFlows and OrdersAUD,NZD
Cable should find strong support near previous highs at 1.5410 (chart in members). EUR/GBP support…
April 25, 2013
AUD/NZD probing recent lows at 1.2100
AUD,NZDOthersEUR/USDJPY crosses
Even though we've broken below daily support at 1.2140, bearish momentum hasn't really increased…
April 25, 2013
Levels to watch in this mornings trade
EUR/USDUSD/JPYFlows and OrdersAUD,NZDOthers
USD/JPY: Obviously whatever happens at 100.00 will have a major bearing on all other pairs.…
April 24, 2013
EUR/USD: 1.2950 holding despite poor Ifo
The German data was worse than expected and the first batch of stops below 1.2970 were triggered,…
April 24, 2013
EUR/USD: Mixed chatter on the order boards
Some talk of plentiful stops below 1.2970 and 1.2950. I'm hearing opposite chat, with talk of very…
April 24, 2013
Levels to watch in early trade
Asian Sovereigns including China reportedly buying EUR/USD near 1.2975. Strong corporate bids in…
April 23, 2013
EUR/USD: Looking bit toppy on medium term charts
Looks like the break below 1.3000 has changed the medium-term outlook for EUR/USD and with an…
April 23, 2013
EUR/USD: All about stops, forget the PMI data
The French and German PMI numbers are only an excuse for dealers to chase stops; firstly intraday…