July 30, 2013
EUR/AUD: Next major technical target at 1.50
EUR crossesTrade IdeasAUD,NZDFXWW NewsTechnical Analysis
Remember the beautiful basing formation on the weekly chart (see chart)! Well most of the oversold…
July 30, 2013
AUD crosses failing to bounce at all
Technical AnalysisFXWW NewsAUD,NZD
EUR/AUD is 200 pips higher on the day and showing no signs of weariness just yet. AUD/JPY has…
July 30, 2013
AUD: Levels to watch in today’s trade
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
Should stay quiet with only a speech by RBA Governor Stevens to look forward to. Previous short…
July 29, 2013
USD/JPY: Technical support near 97.60 but selling rallies favoured
Trade IdeasUSD/JPYFXWW NewsTechnical Analysis
If you are a strong believer that this pair is in an up-trend then you can consider buying Fibo…
July 26, 2013
NZD/USD: Strong technical resistance near .8180
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
If you're a die-hard USD bull then maybe NZD/USD might give you some joy. The close above .8060 was…
July 26, 2013
EUR/AUD, GBP/AUD set to reverse?
EUR crossesTrade IdeasAUD,NZDGBP crossesFXWW NewsTechnical Analysis
Two separate technicians, who are usually very insightful, are telling me that these two crosses…
July 26, 2013
NZD/USD technicals: Strong close above .8060 suggests more gains ahead
Technical AnalysisFXWW NewsAUD,NZD
Resistance at .8060 (see chart) was supposed to be strong but it was easily broken and we are…
July 25, 2013
AUD/NZD sitting just above 1.1500 ahead of the RBNZ
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
The AUD is back towards the lower end of recent ranges against most of the other majors, after…
July 24, 2013
NZD/USD: Strong data but looks like plenty of sellers about
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
Maybe it's the drop in exports which is limiting enthusiasm but I would have thought that a much…
July 24, 2013
Gold: Close above $1340 will keep bulls interested
Technical AnalysisFXWW NewsAUD,NZD
Gold continues to look quite bullish and the close above $1340 (see chart) opens the way up for…
July 23, 2013
EUR/GBP: Technical support at .8560
Technical AnalysisFXWW NewsGBP crosses
The 61.8% retracement of the rally from .8470 to .8710 comes in near .8560 (see chart) and these…
July 23, 2013
AUD/USD: Sneaking higher to test recent highs at .9300
Technical AnalysisFXWW NewsAUD,NZD
The big level to watch in my opinion is .9325, which has provided strong resistance since it broke…
July 23, 2013
USD/JPY should continue to drift lower but….
JPY crossesTrade IdeasUSD/JPYFXWW NewsTechnical Analysis
Plenty of conflicting forces at play in the Yen pairs which should ensure volatility, but not all…
July 23, 2013
AUD/USD: Look for .9330 test today
Technical AnalysisFXWW NewsAUD,NZD
I will look to book some interim profit at .9330, which has been a very important pivot (see chart)…
July 22, 2013
EUR/GBP: Bulls will need .8570 to hold
Technical AnalysisFXWW NewsGBP crosses
If EUR/GBP bulls are hoping for more gains then they should expect a 61.8% pull-back level at .8570…
July 22, 2013
Gold higher in early trade
The initial reaction to the Fed's review decision has been to send Gold higher, presently trading…
July 19, 2013
AUD outlook: Mixed bag on crosses but AUD/USD set to recover
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
AUD/NZD continues to drift slowly lower and is targeting 1.1500, but that level should be tough to…
July 17, 2013
Cable: Decent technical resistance near 1.5280
Technical AnalysisFXWW NewsGBP crosses
Nice rally in the GBP after the MPC minutes and cable is back above 1.5200. There is decent…