November 29, 2012
EUR/USD testing Fibo resistance again
I'm still hanging in with my long position from earlier in the week but to be honest I've got no…
November 29, 2012
No major flows in early Tokyo trade
Flows and OrdersUSD/JPYEUR/USD
Overall retail sales came in at -1.2% YoY but as usual the market ignores Japanese data. USD/JPY…
November 29, 2012
EUR/USD: Fibo resistance at 1.2960
The 61.8% retracement of the recent fall from 1.3005 to 1.2880 comes in at 1.2960, right where…
November 29, 2012
EUR/JPY, EUR/USD: Looks like weak stops triggered
Not much liquidity this morning so if there are any weak trailing stops in the market, which there…
November 28, 2012
EUR/USD: 40 pip range prediction was a bit optimistic
20 pips covers most of the action in Asia between 1.2925/45. EUR/JPY, as usual, was the main…
November 28, 2012
EUR/USD session outlook: Pick a 40 pip range
I can't see much happening during Asia today especially if the big hitters in Europe and the US…
November 28, 2012
The day ahead in the FX market, Wednesday November 28th
Economic calendar is almost totally bare: EUR/JPY has failed again near 107.00 so watch for…
November 28, 2012
Picking the year-end trends in the FX market
Generally speaking we get a fair amount of volatility in December and patient traders can certainly…
November 27, 2012
Market staying very slow into early Europe
My return to the intraday trading market has been greeted with stagnant markets and it may well…
November 27, 2012
EUR/USD: Fancy playing intraday moves from long side
I've just bought some EUR/USD near 1.2990 as I fancy we could have an up session in Europe EUR/USD.…
November 27, 2012
Quick overview of the Asian market
EUR saw plenty of volatility as Greek-debt headlines hit the newswires: The overall new debt terms…
November 27, 2012
EZ to cut interest rates on first bailout
EUR/JPY has fallen sharply on this headline, down 50 pips from earlier highs. I certainly had not…
November 27, 2012
Greek debt: No final deal yet on other aspects of negotiation
EUR slid back slightly on these headlines but as we know it's going to be a long night in Brussels…
November 27, 2012
EUR/USD session outlook: Surely only a matter of time before it breaks higher
The market is bearish EUR and is always keen to sell as last week's CFTC data showed. Remember, its…
November 27, 2012
EUR pops up 15 pips on first positive headlines
Reports are that the EZ FinMins and the IMF have reached agreement on cutting Greek debt/GDP ratio…
November 26, 2012
EUR catches an immediate bid tone in early Europe
Flows and OrdersEUR crossesEUR/USD
EUR/USD and EUR/GBP are trading at session highs as the European trading day gets underway. Next…
November 26, 2012
Quick overview of the Asian FX market
GBP crossesEUR/USDUSD/JPYOpen/WrapAUD,NZD
Market in waiting mode ahead of Greek debt conference: Quiet start to interbank trading week…
November 26, 2012
EUR/USD session outlook: Look to find new trading range on higher plane
The short-term charts show quite an impulsive move higher but they also look over-stretched.…