June 12, 2013
EUR/AUD: Once the buy order dries up the retracement begins
FXWW NewsEUR/USDFlows and OrdersAUD,NZD
I think we were all pretty sure that this was going to happen but as with all things in the FX…
June 12, 2013
AUD/USD: I really hope that wasn’t the bottom yesterday
FXWW NewsAUD,NZDFlows and Orders
I listened to people I shouldn't have yesterday when I wanted to buy below .9350. I really should…
June 12, 2013
EUR/USD: Sovereign sellers reported towards 1.3350
FXWW NewsEUR/USDFlows and Orders
Dealers report decent sized Sovereign and corporate selling interest near 1.3350.
June 12, 2013
AUD/USD: Wait and see if local sellers turn up again
FXWW NewsAUD,NZDFlows and Orders
The AUD selling during Asia has emerged every day for about the last 8 trading days and contrarians…
June 11, 2013
AUD/USD: Another marginal break but support holding for now
FXWW NewsAUD,NZDFlows and Orders
Same old story here in Asia with heavy selling of the AUD probably still related to the big EUR/AUD…
June 10, 2013
USD/JPY: Bulls need to reclaim 98.80
The big breakdown level in USD/JPY last week was at 98.80 and there was panic selling once that…
June 10, 2013
USD/JPY: Buying dips favoured in short-term
AUD/JPY; solid demand reported on dips from Japanese accounts. EUR/JPY; break above 129.50 has…
June 10, 2013
AUD/JPY: Solid buying interest below 92.00
Some of these big flows seemed to have reached an equilibrium point and supply/demand is starting…
June 10, 2013
EUR/JPY: There go the stops!
No surprise to see plenty of trailing stops above 129.00 and 129.50 and they have all been…
June 9, 2013
AUD: May be heavy on Monday morning after Chinese data
Chinese trade data showed a marked reduction in activity and this could give the bears another…
June 7, 2013
No obvious risk-reward trades; booking USD/JPY profits at 96.40
I'm still running a small USD/JPY short but as a typical superstitious trader I feel that my…
June 7, 2013
USD/JPY: Stops targeted below 95.75
Dealers tell me that latest run lower in USD/JPY was to trigger stops below 95.75 before it…
June 7, 2013
AUD/JPY: Big clean-out underway, more to come.
Flows and OrdersJPY crossesAUD,NZD
I wouldn't be trying to pick bottoms in this pair anytime soon. Asset managers are caught the wrong…
June 6, 2013
AUD/USD: Talk of barrier protection at .9500
The overnight lows were around .9510 and we are testing those levels again at the moment. There was…
June 5, 2013
Cable: Very heavy turnover reported overnight; 1.5150/1.5370 range favoured
Trade IdeasGBP crossesFlows and Orders
At least 3 of the big banks are reporting very heavy turnover in the cable overnight and the…
June 4, 2013
Cable: Looking bit heavy in early European trade
I sold 1/2 my long position overnight at 1.5315 and will look to buy it back on any big dips…
June 4, 2013
EUR/USD: Retail sentiment remains overwhelmingly bearish
I'm sorry to say this, but if the retail market gets heavily biased in one direction they are…
June 4, 2013
EUR/USD: Dealers eyeing stops below 1.3040
I cannot imagine why anyone would want to place a stop-loss order below 1.3040, right in the middle…