Asian market open, Wednesday October 30th


The USD has made more ground overnight, breaking through short-term resistance against the Yen…

GBP/AUD: Intraday short trade in play


Stops reported in cable below 1.6100 and we usually get some heavy EUR/GBP demand at this time of…

USD: Sentiment still bearish but some big support levels continue to hold


USD/JPY: Until we get a strong daily close below the 200-dma (currently at 97.38), the bulls will…

Stops aplenty in cable and USD/JPY


There are rumours that the BoK started buying cable, recycling their earlier intervention, and…

EUR/GBP: Technical resistance at .8500


This level has held nicely in recent days (see chart); There are likely to be stops directly above…

Long GBP still my preferred play


I see no reason at the moment to get off the GBP bull train and any dips are buying opportunities…

Cable: More gains look likely


This is still my preferred vehicle for trading the bearish USD view and until the short-term trend…

EUR/GBP: Don’t be in any hurry to book profits on shorts


Obviously I'm bearish and with a technical top in place near .8495 I don't see any reason to be…

No obvious trades as markets stay in doldrums


Nobody wants to trade ahead of tomorrow's deadline and I'm certainly not blaming them. EUR/GBP:…

EUR/GBP: Shorts preferred with stops above .8505


This pair is less likely to be affected by any debt-deal silliness so we can start paying attention…

Cable finding plenty of support near 1.5915


There have been plenty of minor moves on the crosses but the big USD pairs remain relatively…

Cable: Patience required for dip buyers


Apologies to those who I've confused between my postings here and in the chat-room; I will try and…

USD staying soft in early Asian trade


Once again it's been quiet during the Asian session and the only announcement of note has been that…

Cable: Looking to re-buy on dips towards 1.5940/50


The vertical up-trend has finally started to retrace after the market got itself bullish at the…

Cable: Profit target hit, now looking to re-load on deep dips


Despite getting stopped out on my first attempt at building a long position, this trade has treated…

GBP, NZD remain in favour whilst others chop around


The trend has been very solid over the last few months with the market happy to buy the GBP and the…

Cable: Lack of momentum increase above 1.6160 infers top could be imminent


Price action usually tells us all we need to know about a pair and the fact that there was no…

EUR/GBP: Major selling flows expected during European session


Our resident hedge fund insider @FXWW888 has been updating us via the FXWW-RM chat-room on all the…