December 7, 2012
EUR selling gathers some momentum
EUR is falling quite heavily now led by EUR/JPY which stalled briefly at 106.50 but has now…
December 7, 2012
Today’s NFP, yesterday’s US trade data
I'm sure you are sick and tired of hearing about the 'good old days' but we've got to try and find…
December 7, 2012
My EUR cross positions take a beating
EUR/GBP accelerated lower once below .8100 and now targets support at .8050/60: EUR/AUD wiped out…
December 6, 2012
EUR/USD technicals: Solid support at 1.3030
There is trendline support plus a 38.2% Fibo coming in near 1.3030 so bulls can trying dipping…
December 4, 2012
EUR/USD session outlook
Greek 10-year bonds had a massive 124bp fall last night and hedge fund squawk boxes are filled with…
December 3, 2012
EUR easing a bit into European open
EUR/USD closed on Friday in NY around 1.2995, dropped in early interbank trade to 1.2975, but since…
December 3, 2012
EUR/USD: Next resistance is trendline near 1.3065
EUR/USDTechnical AnalysisEUR crosses
The trendline from 1.3485 comes in near 1.3065 and that is the next technical resistance…
December 3, 2012
EUR/AUD: Looks like stops triggered above 1.2500
EUR/USDTechnical AnalysisAUD,NZD
The AUD is staying weak after the poor domestic economic data and EUR/AUD has gapped sharply higher…
November 30, 2012
EUR/USD: Sell orders slow momentum for now at least
EUR/USDJPY crossesFlows and OrdersUSD/JPY
USD/JPY is again starting to edge further higher after the second surge of EUR/JPY buying today…
November 30, 2012
EUR/JPY surge 2
EUR/USDFlows and OrdersEUR crosses
Huge flows going through some of the interbank platforms. EUR/USD sell orders 1.3020/25 are halting…
November 30, 2012
Two good ‘value’ trades in the FX market
NZD/USD: Buy near .8200 with a stop/loss below .8190: EUR/USD: Sell near 1.3020 with a s/l above…
November 30, 2012
EUR/USD: Sell orders reported 1.3020/25
I'm told the orders are solid and likely to slow down bullish momentum. Then again, we heard…
November 30, 2012
EUR crosses on the march higher again as well
EUR/AUD trading near its 55-day MA at 1.2460: EUR/JPY back above 107.00: EUR/GBP fast approaching…
November 30, 2012
EUR/AUD technicals: Resistance looming at 55-day MA
EUR/USDTechnical AnalysisAUD,NZD
The short-term charts look bullish after the break above 1.2420 but there is resistance…
November 30, 2012
EUR/USD session outlook; look to the crosses for guidance
EUR/JPY is in a bull phase but is heavily overbought and liable to sharp retracements: EUR/AUD has…
November 29, 2012
ACBs reportedly bought EUR/USD in early European trade
China and Korea, to name but two Asian central banks, have been very actively buying the USD…
November 29, 2012
The beginning of a EUR bull move on the crosses?
AUD,NZDGBP crossesEUR/USDEUR crosses
Well I for one certainly hope so as I'm long EUR/AUD and EUR/GBP through the legs (I've given up on…
November 29, 2012
Spanish 10-year bond yield falls to 8 month lows
The EUR is getting a lift from occurrences in the bond markets. There are sell orders reported…