EUR/USD: Stops targeted and triggered below 1.2800


Sharp sell-off into early Europe was caused by stop-loss orders being triggered below 1.2800.

EUR/USD: Big European banks mention stops below 1.2875


I'm presuming that they are quite sizeable. Still hearing reports of bids at 1.2865/70. Might be…

Dealers complaining about pathetic liquidity


Nobody is playing according to interbank dealers and liquidity is very poor indeed it would seem.…

EUR/USD: Hit again by late liquidation


Dealers say the latest drop is attributable to more long liquidation ahead of the weekend in fairly…

AUD/USD: Inching higher; updated info on orders


AUD/USD is making marginal new highs above 1.0410 but dealers say that the stops above 1.0415 are…

EUR/USD: Sovereign buyers reported below 1.2920


AUD/USD: Reserve managers buying 1.0310/20; solid offers still 1.0400 with stops above 1.0415:…

EUR/GBP: Fibo support holding for now


The 38.2% retracement of the strong 5-wave upmove from .7750 to .8160 comes in at .8005 and this…

We are renaming the FX market, “the stop-loss hunting market”


The market builds positions and then stops get triggered, and then on to the next position. It…

Early Europe targeting EUR/GBP stops


Looks like there are more stops on the downside in EUR/GBP, mine included, and the early European…

USD/AXY flows point towards further EUR/USD support


Asian central banks have been busy again with the Bank of Korea and the Hong Kong Monetary…

Cable: Decent order interest nearby


Solid sell orders reported 1.6140/45: Large stop-loss buy orders above 1.6180 and at regular…

AUD/USD: 1.0350/1.0400 likely to cover most eventualities


Unofficial Chinese PMI data is the main risk event (01:45 GMT) but dealers still expect the AUD/USD…

EUR/USD: Corporate sell orders reported just below 1.3000


Not sure on the amounts, but this source only usually mentions decent-sized orders. I'll keep the…

Few comments re market positioning


The professional market and the retail market act in different ways. If you read that the retail…

Troika/Greek negotiations finally seem to be coming to a close


That's is according to some early news reports out of Europe. If and when the end is announced,…

Professional market positioning overview: EUR shorts on increase again


I collate this data from 3 of the biggest prime brokers and one leading investment bank. In…

EUR/USD: Sovereign names still buying dips below 1.2900


The amounts are not particularly large but for the last three days there have been reports of Asian…

Levels to watch post-BOJ


USD/JPY: Sell orders reportedly heavy 80.40/50 and again near 80.85/90; stops reported below 79.50…