January 2, 2013
US House of Reps to vote on fiscal-cliff bill in 15 minutes
The Senate already passed the bill and it looks like the House will do the same when it votes…
January 2, 2013
Cable closing in on important resistance level above 1.6300
Cable has topped out near 1.6300/10 on three separate occasions in recent months and we are closing…
December 28, 2012
Plenty of volatility in thin overnight markets
EUR/USDJPY crossesTechnical AnalysisAUD,NZDGBP crosses
The FX market will not return to full strength until January 7th although we should see some…
December 27, 2012
EUR/GBP m/t technical analysis: Bullish outlook for New Year move to .8800
Technical AnalysisGBP crossesTrade IdeasEUR crosses
I normally don't start with a monthly chart, which is usually a waste of time, but in this…
December 24, 2012
Congrats to all those cable bears
There were plenty of you I know who were selling cable on the approach to 1.6300 in…
December 19, 2012
Big levels to watch for during the European session ahead
AUD,NZDGBP crossesFlows and OrdersUSD/JPY
AUD/USD: 1.0510 was the previous high which has held firm for two tests over last few days; watch…
December 19, 2012
Cable: Quite a few medium-term bears about
There were rumours in the market that China has selling interest between 1.6250/1.6300 and…
December 18, 2012
Cable unmoved after CPI comes in on expectations
Seems a bit silly to be commenting that something hasn't moved but I'm really just looking for a…
December 12, 2012
GBP session overview
EUR/GBP should encounter technical resistance near .8080: Cable is expected to trade between…
December 11, 2012
EUR/GBP: Bank trading idea
EUR crossesTrade IdeasGBP crosses
The traders over at Nomura Bank have had a very good run this year in EUR/GBP and they are trying…
December 7, 2012
Today’s NFP, yesterday’s US trade data
I'm sure you are sick and tired of hearing about the 'good old days' but we've got to try and find…
December 5, 2012
GBP/JPY: Short-term trade idea
Technical AnalysisGBP crossesTrade IdeasJPY crosses
If EUR/JPY is stalling ahead of 108.00 but EUR/GBP is eyeing stops above .8165, then selling…
December 5, 2012
EUR/GBP looks like ‘pair most likely’ in early European trade
EUR/USD is edging higher and cable is edging lower in early European fare as traders dabble,…
November 29, 2012
Rumours about UK AAA rating adding to EUR/GBP bullishness
I haven't seen the said report but supposedly there's an article circulating which brings the UK's…
November 29, 2012
The beginning of a EUR bull move on the crosses?
AUD,NZDGBP crossesEUR/USDEUR crosses
Well I for one certainly hope so as I'm long EUR/AUD and EUR/GBP through the legs (I've given up on…
November 29, 2012
Cable orders: Buyers still reported 1.5960/70
Just like yesterday, the buyers are reportedly out in force between 1.5960/70 and now I'm hearing…
November 29, 2012
Good order information at this time of year is priceless
EUR crossesFlows and OrdersGBP crosses
I've always found that the market trades differently as we get towards the end of the year. Perhaps…
November 28, 2012
Cable: Buy orders 1.5965/70
There's a bit of interest around in the cable just now with some very early Europeans leaning on…