April 29, 2013
Cable capped by option selling at 1.5500
The obvious technical target for this pair is a 50% Fibo retracement near 1.5580 (chart in members)…
April 26, 2013
EUR/JPY: Stops being targeted below 128.65
Dealers report some sizeable stop-loss sell orders below 128.65 and it looks like the market is…
April 26, 2013
Important levels to watch today
Flows and OrdersAUD,NZDEUR/USDEUR crosses
Cable should find strong support near previous highs at 1.5410 (chart in members). EUR/GBP support…
April 25, 2013
Levels to watch in this mornings trade
Flows and OrdersAUD,NZDOthersEUR/USDUSD/JPY
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
USD/JPY: Looks like another attack set to be launched on 100.00 barrier
A couple of people who are very close to the action tell me that another test of 100.00 is…
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…
April 23, 2013
EUR/USD: Large stops reported below 1.3000
Flows and OrdersJPY crossesEUR/USD
This is something to watch out for in early European trade with stops reported below 1.3000 and…
April 22, 2013
USD/JPY: More stops now being reported above 100.00
I think we all presumed that they were there but some of the big banks are confirming this now. The…
April 22, 2013
IMM market positioning updated
Members can view the latest update from HSBC in the members section (let me know if you need a…
April 22, 2013
USD/JPY: Barrier protection still in place ahead of 100.00
Dealers report plenty of interest near 100.00 with option-related sellers being joined by…
April 19, 2013
Heavy flows going through in early Europe
Flows and OrdersUSD/JPYEUR/USDGBP crosses
Sovereign names selling USD/JPY in reasonable size near 99.25 but no sign of a pullback yet.…
April 19, 2013
There go the GBP stops
As I mentioned a little earlier they were lined up with most of the big banks waiting to be hit.…
April 19, 2013
AUD/USD: Testing intraday offers again
Decent-sized selling interest was reported earlier today at 1.0335/40, which is where we are now…
April 19, 2013
GBP: Expect stops to be targeted in early European trade
EUR/GBP: Stops reported below .8530. Cable: Stops reported above 1.5325.
April 19, 2013
If it looks and smells like a Toshin flow…
A good source at a local hedge fund is hearing that Toshin demand is driving the NZD and AUD higher…
April 19, 2013
EUR/USD: Solid bids reported near 1.3025
I don't have any other strong opinions on this pair so perhaps its best to go with the order boards…