July 11, 2013
AUD/USD: Happy to re-buy on dips towards .9180
Trade IdeasJPY crossesFXWW NewsAUD,NZD
EUR/USD still looks fairly heavy and it could drag AUD/USD with it back below .9200, but I see that…
July 11, 2013
USD/JPY: Looking soft again after BOJ do nothing
The JPY crosses still look very soft to me and the reaction post-BOJ suggests to me that the market…
July 11, 2013
EUR/JPY: Adding to shorts at 130.20
Trade IdeasJPY crossesFXWW NewsEUR crosses
I've only got a very small position in this pair at the moment, thankfully given the wild…
July 11, 2013
Crosses get out of whack in these volatile stop-driven markets
Trade IdeasAUD,NZDJPY crossesFXWW NewsEUR/USDEUR crosses
This is how I see it. The market got way overly-exuberent on its taper-driven USD rally and we will…
July 10, 2013
EUR/JPY: Play wide 126.50/129.00 range
Technical AnalysisFXWW NewsJPY crosses
I certainly didn't expect it to fall so quickly, but I guess that's the point; no-one else did…
July 10, 2013
EUR/JPY: If the EUR is to break lower, this could be the driver
Trade IdeasEUR crossesFXWW NewsTechnical AnalysisJPY crosses
I've just had a long look at the EUR crosses, trying to find some reasons to be bearish, and the…
July 10, 2013
EUR/JPY: 200 pips lower since yesterday’s false break
This happens a lot in the FX market; all eyes are on one level and the market anticipates a break.…
July 10, 2013
JPY session outlook: Looking to AUD/JPY for leads
Flows and OrdersJPY crossesFXWW NewsUSD/JPY
Market is not expecting any major developments from BOJ minutes. Big Japanese players were noted…
July 10, 2013
Wild moves on the crosses and more to come
AUD,NZDJPY crossesOthersFXWW NewsEUR crossesGBP crosses
The AUD was the first mover, recovering after poor domestic business conditions data and taking…
July 9, 2013
AUD/JPY: Big level looming at 92.50
Trade IdeasAUD,NZDFXWW NewsTechnical AnalysisJPY crosses
There is solid technical resistance at 92.50 in AUD/JPY (see chart) but a clean break above there…
July 5, 2013
GBP/JPY: On the move early, could see 148.50
Trade IdeasFlows and OrdersGBP crossesFXWW NewsTechnical AnalysisJPY crosses
Like I mentioned below, it's the sort of market to look for swing trade opportunities in pairs like…
July 5, 2013
Look for swing trades on NFP lottery Friday
JPY crossesTrade IdeasGBP crosses
I've just laboriously worked my way through about 25 different pairs, all on the short-term charts,…
July 2, 2013
EUR/JPY: Tick. 131.30 next stop
There goes the first of the resistance levels, with EUR/JPY Fibo resistance at 130.45 getting taken…
July 2, 2013
EUR/JPY: Technical resistance at 130.45
Technical AnalysisFXWW NewsJPY crosses
The 61.8% retracement of the 133.80/125.00 fall comes in near 130.45 (see chart).
July 1, 2013
EUR/JPY: Maintaining preference towards selling rallies
Trade IdeasJPY crossesFXWW NewsTechnical Analysis
Prices have stalled yet again just above 129.50 (see chart) and this pair is struggling to maintain…
July 1, 2013
USD/JPY: Favour a 98.75/99.90 range
Trade IdeasUSD/JPYFXWW NewsTechnical AnalysisJPY crosses
The fundamental outlook is bullish given potential tapering from the Fed and expansionist BOJ…
June 28, 2013
EUR/JPY: Trendline resistance breaks; 50% Fibo next at 129.40
Trade IdeasFlows and OrdersFXWW NewsTechnical AnalysisJPY crosses
The strong down-trend line on the 4-hourly chart has broken (see chart) and next resistance is at a…
June 26, 2013
EUR/JPY: Testing recent lows, selling rallies preferred
Trade IdeasFXWW NewsJPY crosses
I think the bearish strategy is the correct one for EUR/JPY but we still need to pick our levels.…