February 21, 2013
Levels to watch during European trade
GBP crossesEUR/USDJPY crossesAUD,NZD
AUD/USD: 1.0200 is where barriers are reported and Sovereign-type bids are also expected. EUR/USD:…
February 21, 2013
EUR/JPY weakness starting to intensify
Nice pick-up on the EUR/JPY double top (thanks to Jordan) and it's worked a treat so far. It really…
February 21, 2013
EUR/JPY: Dealers eyeing possible double-top on short-term charts
Trade IdeasJPY crossesTechnical Analysis
As you probably well know, I like my topping formations to be perfect and also to be at interim…
February 21, 2013
EUR/JPY intraday moves dependent on what happens at 1.3260 in EUR/USD
I favour a test of the lower end of the EUR/JPY pennant formation which comes in around 122.00. In…
February 21, 2013
GBP playing catch-up in the race to the bottom
JPY crossesEUR/USDEUR crossesAUD,NZD
The FOMC surprisingly took a breather from the currency race to the bottom and the GBP has now…
February 20, 2013
EUR/JPY technicals: Again pulls back from upper end of pennant formation
The cross got to a high earlier around 125.90 and I have the upper end of the consolidative pennant…
February 20, 2013
Short-term technicals updated
Technical AnalysisJPY crossesUSD/JPY
The potential USD/JPY H&S and the EUR/JPY pennant are still relevant. Please view the charts in…
February 19, 2013
NZD/JPY: Looks massively overbought on all daily indicators
As we well know, when strong trends are in play these indicators can stay overbought for a very…
February 19, 2013
Short-term technicals updated
USD/JPYTechnical AnalysisAUD,NZDJPY crossesEUR/USD
EUR/JPY; still in pennant formation. USD/JPY; possible topping formation. AUD/USD; starting to…
February 18, 2013
Early Asia FX market staying quiet
With a holiday tonight in the US and a big risk event just behind us, it's perhaps little wonder…
February 18, 2013
Yen staying reasonably quiet in early interbank trade
The market has had plenty of time to digest any statements from the G20 meeting and movements have…
February 15, 2013
Short-term technicals updated
JPY crossesTechnical AnalysisAUD,NZDGBP crossesEUR/USD
I've updated some of the shorter-term technicals in the members section: EUR/JPY; still trading in…
February 15, 2013
Yen crosses looking soft into the NY close
There are reports of sizeable trailing stops in USD/JPY and in the JPY crosses and the market has a…
February 14, 2013
Taking risky shorts in AUD/JPY and GBP/JPY
Going off a tip from someone in-the-know who tells me the trailing stops in these pairs are very…
February 14, 2013
EUR/JPY, EUR/CHF short-term technicals updated
Technical AnalysisOthersJPY crosses
EUR/JPY looks to be consolidating in a pennant formation between 123.00/126.50. EUR/CHF should now…
February 13, 2013
EUR/JPY staying volatile and true to form
Yesterday this pair did a total of over 900 pips up and down throughout the day only to finish back…
February 13, 2013
EUR/JPY: Almost 1000 pips of movement yesterday
That's a fair bit of volatility by anybody's reckoning. This volatility is being created by…
February 12, 2013
Short-term technicals updated
Technical AnalysisJPY crossesEUR crosses
I've updated the following pairs in the members section and you can also follow via Twitter on…