December 6, 2012
Cable: Option players still ruling the roost
Cable is being dominated on all timeframes by big Sovereign players and also option plays. I hear…
December 6, 2012
USD/JPY orders: Solid selling interest 82.50
Flows and OrdersTechnical AnalysisUSD/JPY
There were plenty of good-sized offers on the interbank trading platforms near 82.50 which have…
December 5, 2012
Cable orders: bids and offers aplenty
Buyers reported 1.6065/70 and sellers still solid at 1.6145/50, just like yesterday. The option…
December 5, 2012
AUD/USD: Still plenty of interest on order books 1.0510/25
Sell orders still reported 1.0510/20 and large stop-loss buy orders above 1.0525. By my reckoning,…
December 4, 2012
AUD/USD: Intraday stops building above 1.0490
No surprise to hear that, although there is still talk of solid sell orders between 1.0500/20. I'm…
December 4, 2012
USD/JPY: Still plenty of buying interest below 81.50
USD/JPY has looked susceptible at times to a clean-out of long positions but so far the bulls are…
December 3, 2012
AUD/USD: Order books pretty bare ahead of data dump
AUD,NZDFlows and OrdersJPY crosses
We are probably better off keeping an eye on AUD/JPY, as that's where the most positions are being…
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
Pay really close attention to the big moves which you don’t understand
I think it was Paul Tudor Jones who used to say this. You may not know what's going on but somebody…
November 30, 2012
Sometimes its all about flows
Today's moves have been all about big flows. Don't go looking for some ridiculous 'fiscal cliff' or…
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
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/JPY buying again the main driver
All platforms are reporting the same story, heavy buying in EUR/JPY emerged suddenly and helped…
November 30, 2012
Chances of RBA rate cut increase
Australian private sector credit grew by 0.1% in October against expectations of +0.3%. The futures…
November 29, 2012
AUD weakness accelerates as session draws to a close
Looks like intraday traders are squaring up before Europe opens and the AUD is trading at session…
November 29, 2012
AUD/USD: Cancelling my additional sell orders
I'm still running a small short position in the AUD/USD but I really dislike these momentum-less…
November 29, 2012
No major flows in early Tokyo trade
EUR/USDFlows and OrdersUSD/JPY
Overall retail sales came in at -1.2% YoY but as usual the market ignores Japanese data. USD/JPY…
November 29, 2012
USD/JPY trying to force its way higher
USD/JPY is back above 82.10 as the bulls try to regain control but interbank reports suggest that…