April 8, 2014
Cable: Back on bull train after more strong data
This time it was industrial output coming on top of the strong export survey overnight. Looks like…
April 7, 2014
Not seeing many ‘value’ trades heading into London open but EUR/CAD might be worth a look
FXWW NewsGBP crossesEUR crosses
The most obvious trade would be to buy EUR/CAD with support levels nearby in both EUR/USD…
April 7, 2014
Cable: Broken record still playing the 1.6470/1.6680 range-trading tune
No change here from last week, range trading still the order of the day. I've got a short-term…
April 4, 2014
Cable: Sorry to sound like a broken record but we are in range trading mode
Yesterday's price action confirmed to me that we are in a short-term holding pattern between…
April 3, 2014
GBP: Still looks heavy to me on the crosses
GBP/CAD was the market's bull leader for months on end and it's positioned accordingly! Likely to…
April 2, 2014
GBP: Prefer to play from short side during European trade
Obviously some of the crosses like GBP/JPY are looking bullish and others like GBP/NZD are starting…
April 2, 2014
Cable: Still favour sideways consolidation 1.6470/1.6690
The GBP still looks susceptible to losses on the crosses; EUR/GBP Fibo support at .8250 held very…
April 1, 2014
Cable: Closing above 1.6650 but I’m still in ‘range-trading’ camp
The fact that we are closing above previous resistance at 1.6650 is another technically bullish…
March 30, 2014
Cable: Ranges still intact- looks ‘toppy’ in short-term
Medium term bull trend in control but short-term resistance at 1.6650 is also very solid; EUR/GBP…
March 28, 2014
Cable: Clear range edges at 1.6470/1.6650
Those trading this range will have enjoyed a few very profitable sessions and I'd suggest that we…
March 27, 2014
Cable: Favour buying dips during London trade
Like I said earlier, the range edges are pretty well defined at 1.6470 and 1.6650. I fancy a…
March 27, 2014
Cable: Still looking for test of 1.6650
GBP/AUD has made an important technical break lower; EUR/GBP short-term bullish momentum is…
March 26, 2014
Cable: Support confirmed at 1.6470, bull target at 1.6650
Technical support at 1.6470 has been confirmed and I expect to see some more broad consolidation…
March 25, 2014
Cable: Still prefer to buy dips towards low 1.64’s
Cable has never been the most technically accurate currency pair, probably because it's been in one…
March 24, 2014
GBP/USD: Fibo support holds first attempt- good R/R for bulls near current levels
GBP/AUD triggered stops below 1.8100 this morning but then jumped and cable tested the 61.8%…
March 24, 2014
GBP/USD: Getting close to buy-zone as crosses weigh
The GBP is heavy on the crosses and is likely to remain so against the EUR and the AUD in my view.…
March 20, 2014
EUR/GBP: Really starting to like the long trade
For someone who's been short and bearish for months, I'm surprised at how bullish I've now turned.…
March 20, 2014
Cable: Play 1.6400/1.6650 range
Short-term technical resistance at 1.6650 (trendline and 61.8% retracement) held perfectly…