September 27, 2012
EUR/USD: Looks like a 1.2870/1.2910 range for early Europe
There will be the usual cut n thrust in early European trade when dealers seek out the weak side…
September 27, 2012
Time to play some good defence
There were some excellent opportunities last Friday to enter the market and I feel that the 'easy'…
September 26, 2012
Asset rebalancing likely to be AUD and GBP positive
JPY crossesAUD,NZDGBP crossesEUR/USD
Its nearing the end of the financial quarter so we can expect turnover at the London Fix to be much…
September 26, 2012
EUR/USD: Next technical support levels
1.2835 is the 50% retracement of 1.2500/1.3170: 1.2815 is a previous hi/lo pivot point + 38.2%…
September 26, 2012
EUR/USD: Stops set-off below 1.2880
AUD,NZDEUR/USDGBP crossesFlows and Orders
EUR/JPY looks like it also set off some stops and the EUR/USD fell 20 pips very quickly in what…
September 26, 2012
Nothing new emerging during Asian trade: NZD the big loser so far today
JPY crossesAUD,NZDGBP crossesEUR/USD
There have been no new developments over the last few hours, fundamentally or technically, and…
September 26, 2012
EUR/USD: Overall bearish but still susceptible to short-covering bounces
It's very hard to be long either EUR or USD with any great conviction making this pair pretty hard…
September 25, 2012
Still running shorts but looking to book partial profits on dips
I added to my cable shorts earlier at 1.6255 and am hoping to book partial profits on dips to…
September 25, 2012
Early European flows
GBP crossesEUR/USDFlows and Orders
EUR/USD: Asian and Middle Eastern players were main sellers in early trade with the unconfirmed…
September 25, 2012
EUR crosses touch Fibo supports
EUR crossesEUR/USDTechnical Analysis
EUR/JPY touched the 61.8% support level at 100.20 mentioned below and EUR/GBP pulled up just shy of…
September 25, 2012
What the big Prime Brokers are reporting..
EUR crossesGBP crossesAUD,NZDJPY crossesOthersEUR/USD
Not much is the short answer, though it seems many of the big hedge funds are quite neutrally…
September 25, 2012
EUR overview: Play 1.2755/1.2980 range
EUR/USD looks heavy to me and I expect to see a test of low 1.28s before Thursday. That said,…
September 25, 2012
Asian market open
EUR crossesGBP crossesAUD,NZDJPY crossesEUR/USD
You can read my opening comments on FX Street.
September 24, 2012
Cable: Look to cover partials near 1.6160/70
I remain bearish but will look to book partial profits near 1.6170ish, hoping to re-sell on 100 pip…
September 24, 2012
EUR/JPY: Breaking below 101 but don’t expect a major collapse
There is solid technical support 100.20/50 (https://www.tradingview.com/x/uH0Gf4bT/) and I'd expect…
September 24, 2012
Hoping for some volatility in Europe
Fairly quiet session in Asia with one-way traffic mainly, risk trades easing slowly lower. USD/JPY…
September 24, 2012
EUR/USD: Expect plenty of stop-loss orders below 1.2915; bear target 1.2755
Monday's can often be a bit volatile as order boards are cleaned out before the weekend ensuring…
September 24, 2012
“Short the screen” to start the week
AUD,NZDEUR/USDGBP crossesTrade Ideas
I sold AUD/USD, cable and EUR/USD on Friday and although I was a bit nervous over the weekend that…