May 29, 2013
USD/CHF main mover as bulls try to regain control
Trade IdeasUSD/JPYOthersAUD,NZDGBP crosses
The two big risk-on dollar trades had big days yesterday with USD/JPY rising during the Asian…
May 28, 2013
Cable: Risk-reward favours buying intraday dips
The Yen crosses have had a reasonably strong session and with USD/JPY nearing a 'sell-zone' above…
May 22, 2013
EUR/GBP: Next resistance at .8590
Technical AnalysisOthersGBP crosses
My GBP/CHF trade isn't looking too good at the moment and cable support at 1.5110/20 has been…
May 22, 2013
EUR/USD: Sell orders 1.2940/50 but EUR crosses staying bullish
Trade IdeasEUR crossesEUR/USDGBP crosses
The EUR is looking very strong again on the crosses, making gains against all the other majors over…
May 22, 2013
Plenty of action in crosses overnight
Trade IdeasGBP crossesTechnical AnalysisOthers
GBP was the main mover, losing ground across the board after disappointing economic data. I…
May 21, 2013
Cable rejects 1.5300 yet again
The USD bulls aren't going away any-time soon it would seem, and cable has rejected approaches to…
May 21, 2013
GBP/CHF: Could rise 30 big figures without endangering bear trend
Trade IdeasGBP crossesTechnical AnalysisOthers
For many years GBP/CHF oscillated fairly steadily around 2.50, give or take 20 big figures, and…
May 20, 2013
Pretty hard to pick the next 50 pips in any major pair
To be honest, I've got absolutely no clue where the next 50 pips are coming from in any of the…
May 20, 2013
EUR/USD: Test of 1.2745 still looks likely in short-term
Trade IdeasGBP crossesEUR/USDOthers
The EUR/USD still looks a bit heavy and although Europe may be quiet today, I do think we might see…
May 17, 2013
GBP: Need to look at the crosses to appreciate where the strength is coming from
Just take a quick look at the long-term GBP/NZD chart and then the bottoming formation on there and…
May 16, 2013
NZD/USD testing important support near .8150
There are a string of daily lows near .8150 and a break below targets a major spike low at .8050.…
May 16, 2013
Cable still holding up best of the lot
This support level near 1.5200 in the cable is proving very tough to crack and despite the strong…
May 10, 2013
Cable traders: Set your dip-buying alarm clocks for 1.5310
Trade IdeasGBP crossesTechnical Analysis
5-wave rally from 1.4830 to 1.5600. 38.2% retracement of this is at 1.5310. Trend-line support…
May 9, 2013
Cable: Still needs to break above 1.5600 for further impulse
Have a look at the long term GBP/NZD chart and you get a sense of just how far the GBP has fallen…
May 9, 2013
FX market moving into classic cross-movement phase
Trade IdeasAUD,NZDGBP crossesEUR/USDEUR crosses
I believe that pairs like EUR/AUD, GBP/NZD and the like are set for major moves higher. Have a look…
May 8, 2013
GBP/NZD: Contrarian traders should be having a close look at this one
I mentioned this pair a few weeks back and if it reverses properly then we will see a very sharp…
May 6, 2013
Cable: Still struggling to break above 1.5600
I tried shorting this pair on Friday evening but gave up and thankfully booked only a tiny loss.…
May 3, 2013
Cable: More likely to go down rather than up in short-term
Weak trailing stops are building just below the market and one of my contacts in HK, who's been…