November 13, 2012
The day ahead in the FX market, Tuesday November 13th
GBP crossesEUR/USDUSD/JPYOpen/WrapAUD,NZD
EU group and FinMin meetings will wind to a close so expect headlines in the next few hours:…
November 12, 2012
Cable orders: Solid buying interest 1.5850/60
Technical AnalysisGBP crossesFlows and Orders
Macro fund and Sovereign bids reported near 1.5850/60: A quick look at the daily chart shows that…
November 9, 2012
Cable: Cheap day-trade idea
As expected, Europe walks in and promptly unwinds whatever moves happen in Asia. Nevertheless…
November 9, 2012
Orders pretty light across the board
GBP crossesFlows and OrdersUSD/JPYEUR/USD
Dealers say that only USD/JPY is showing any sign of decent order activity, with solid buy orders…
November 9, 2012
Old wives tale #77; always ignore GBP moves in Asia
Cable has rallied 40 pips already in Asia and if it rallies another 30, up to hourly resistance…
November 8, 2012
If you don’t like rumours, look away now!
GBP crossesFlows and OrdersEUR crossesEUR/USD
Another day, another FX market rumour! The goss this time is that the BOE is set to announce…
November 8, 2012
Cable and EUR/GBP orders
Flows and OrdersGBP crossesEUR crosses
Cable: Solid bids reported near 1.5960: EUR/GBP: Stops reported below the market (no exact levels…
November 5, 2012
GBP/NZD: Support levels holding for now
Another fairly clear risk-reward trade here with obvious support levels near by. This pair is…
November 1, 2012
EUR/GBP: Fibo support holding for now
Technical AnalysisGBP crossesFlows and Orders
The 38.2% retracement of the strong 5-wave upmove from .7750 to .8160 comes in at .8005 and this…
November 1, 2012
We are renaming the FX market, “the stop-loss hunting market”
The market builds positions and then stops get triggered, and then on to the next position. It…
November 1, 2012
Cable: Decent order interest nearby
Solid sell orders reported 1.6140/45: Large stop-loss buy orders above 1.6180 and at regular…
October 31, 2012
GBP: European session overview
I'm bullish EUR/GBP at the moment and I think this pair should hold above .8040 roughly, before…
October 31, 2012
Professional market positioning overview: EUR shorts on increase again
USD/JPYFlows and OrdersAUD,NZDGBP crossesEUR/USD
I collate this data from 3 of the biggest prime brokers and one leading investment bank. In…
October 30, 2012
EUR/GBP trade developing nicely
GBP crossesTrade IdeasEUR crossesTechnical Analysis
The potential base at the 38.2% Fibo near .8005 coupled with a possible basing pattern on the…
October 29, 2012
EUR/GBP: Trade-idea developing for bulls
Trade IdeasGBP crossesEUR crosses
The 38.2% retracement of the 5-wave upmove from .7750 to .8160 retraced exactly 38.2% to .8005 and…
October 29, 2012
Yen crosses under mild pressure as session gets underway
GBP crossesFlows and OrdersJPY crossesEUR/USD
The market is still probably quite short of Yen across the board and we are seeing further profit…
October 26, 2012
EUR/GBP: Still headed for .8500 by end 2012 according to a big German bank
That's an amazingly bullish view, 6% rise in just over 2 months, but at least they are brave enough…
October 24, 2012
EUR/GBP nearing support levels at .8105/10 after weak German PMI
Technical AnalysisGBP crossesEUR crosses
There is decent support in the EUR/GBP at .8105 which is bound to attract some buying…