August 6, 2013
GBP looking friendlier after strong PMI data yesterday
GBP crossesFXWW NewsFlows and OrdersTrade Ideas
The GBP is looking stronger on the crosses after yesterday's strong (and leaked) PMI data. EUR/GBP…
August 5, 2013
Insiders had jump on UK PMI data
FXWW NewsGBP crossesFlows and Orders
There were very strong rumours in the London market in the 30 minutes prior to the data release,…
August 1, 2013
EUR/GBP technicals: Weekly trendline breaks again; bulls in control
FXWW NewsGBP crossesTechnical Analysis
I'm leaving this pair alone as I'm bearish and the market is bullish (see chart). The next…
August 1, 2013
EUR, CHF and JPY bullish; GBP and AUD bearish
JPY crossesOpen/WrapFXWW NewsEUR crossesGBP crossesAUD,NZD
The FOMC had centre stage last night and their slightly dovish twist has had a mixed effect on the…
July 26, 2013
EUR/AUD, GBP/AUD set to reverse?
AUD,NZDGBP crossesFXWW NewsTechnical AnalysisEUR crossesTrade Ideas
Two separate technicians, who are usually very insightful, are telling me that these two crosses…
July 26, 2013
Don’t jump in this morning, wait and see if volatility returns
AUD,NZDGBP crossesFXWW NewsEUR/USDUSD/JPYTrade Ideas
The market has been bullish USD on the back of expected QE tapering for some months now. The…
July 23, 2013
EUR/GBP: Technical support at .8560
FXWW NewsGBP crossesTechnical Analysis
The 61.8% retracement of the rally from .8470 to .8710 comes in near .8560 (see chart) and these…
July 23, 2013
Levels to watch through the Asian open
USD/JPYFXWW NewsAUD,NZDGBP crossesFlows and Orders
USD/JPY: More stops reported below 99.20 through 98.80 (@FXWW888). Edit, some just triggered below…
July 22, 2013
EUR/GBP: Bulls will need .8570 to hold
FXWW NewsGBP crossesTechnical Analysis
If EUR/GBP bulls are hoping for more gains then they should expect a 61.8% pull-back level at .8570…
July 19, 2013
Time to stop trading the crosses and start selling the USD
The entire market focus in recent months has been on the crosses, buy risk, sell risk, sell the…
July 19, 2013
Don’t you love Friday afternoon markets, not…
Very patchy liquidity this afternoon with mini liquidity bubbles causing small gaps. USD/JPY got…
July 19, 2013
Yen crosses break higher as risk sentiment improves
GBP crossesFXWW NewsAUD,NZDTrade Ideas
My stop-loss order was eventually triggered in EUR/JPY and it looks like the Bernanke testimony is…
July 17, 2013
Cable: Decent technical resistance near 1.5280
FXWW NewsGBP crossesTechnical Analysis
Nice rally in the GBP after the MPC minutes and cable is back above 1.5200. There is decent…
July 16, 2013
GBP/JPY getting smashed lower after UK CPI
So much for the GBP buyers today, GBP/JPY is well over 100 pips lower than earlier session highs…
July 16, 2013
EUR/GBP trade idea: Short based on expected flows
GBP crossesFXWW NewsEUR crossesTrade Ideas
This comes from a friend in HK who normally has very good insights into upcoming flows. He has sold…
July 12, 2013
Macros were big GBP/AUD buyers over last 24 hours
GBP crossesFXWW NewsAUD,NZDFlows and Orders
Prime brokers report that big macro funds started bailing out of GBP shorts and into AUD shorts…
July 10, 2013
Wild moves on the crosses and more to come
JPY crossesOthersFXWW NewsEUR crossesGBP crossesAUD,NZD
The AUD was the first mover, recovering after poor domestic business conditions data and taking…
July 9, 2013
Cable: Still likely to be stale longs happy to sell intraday rallies
The GBP looks pretty heavy still against the EUR and the AUD and I'm sure there are still some…