April 3, 2013
Gold and Silver still heavy as longs liquidate
The big downside level to watch in the Gold market is 1515, with plenty of Central Bank buyers…
April 2, 2013
Cable resistance looking stronger now
The prior weekly lows at 1.5250 have been tested twice now and held both times. It makes plenty of…
April 2, 2013
USD/JPY: Bids hold firm
Very solid bids between 92.50/70 have held firm on the first test and this level cold prove to be…
March 27, 2013
EUR/JPY trying to establish short-term resistance
The levels in USD/JPY are much clearer, with prices having stalled near 94.90 twice this week…
March 27, 2013
Saving my energy and bullets for better trading conditions
Asia can be painfully slow at times so best to wait it out; I'm sure there is more vol just around…
March 26, 2013
Slow morning in Asia
SOrry if I've been quiet this morning but I don't know what to add. The Yen crosses are headed…
March 25, 2013
EUR steadying after early sell-off in Europe
In Asia this morning, we first had a sell-off in the EUR followed by a fairly sharp short-covering…
March 25, 2013
Beware of great deals and guaranteed profits in the FX market
I've received a few unfortunate e-mails this weekend regarding both dodgy brokers and dodgy trading…
March 25, 2013
Margin FX accounts could be severely affected by Cypriot events
I'm still trying to piece the whole story together but at this stage it seems that many margin FX…
March 8, 2013
USD/JPY back above 95.00
Overnight highs at 95.10 have been breached and USD/JPY is threatening to take off again,…
March 7, 2013
EUR/JPY: Still looking to sell 122.50 rally
I've been very patient with this pair after getting lucky at the beginning of last week. I still…
March 6, 2013
AUD/USD showing no signs of pulling back
The AUD looks bullish today with no signs of any pullbacks. If trailing stops go off above 1.0300…
February 28, 2013
USD/JPY: Staying quiet despite BOJ nomination.
Mr Kuroda has as expected been nominated to become BOJ Governor. Remember that on Monday we had the…
February 27, 2013
EUR/JPY edging higher as Tokyo arrives
Fairly quiet overall this morning. I'll be back in a few hours so hopefully it stays quiet. Next…
February 25, 2013
Whatever happened to Greece?
It doesn't seem that long ago when every second headline had something to do with Greece, and it's…
February 20, 2013
NZD the main mover for 2nd successive day
This time it was the RBNZ chief Wheeler who got the Kiwi tumbling. He said that he will intervene…
February 15, 2013
USD/JPY trying to push lower
I'm not hearing of any interesting flow activity from the market but I suspect that there will be a…
February 13, 2013
What to expect from the State of the Union address
Well I'm sort of hoping that President Obama will say that he likes EUR/CHF higher :) but maybe…