June 24, 2013
Cable: Bids filled at 1.5360, technical support at 1.5290/70
GBP crossesTechnical AnalysisTrade Ideas
The double-bottom is still the main feature on the 4-hourly (see chart) but the market is bearish…
June 24, 2013
NZD/CHF: Looks like a bullish technical set-up
Technical AnalysisJPY crossesTrade IdeasAUD,NZDOthersFXWW News
Definitely not a pair that I pay a lot of attention to but my brief analysis below on the Yen…
June 24, 2013
JPY crosses still likely to provide most market leads
Technical AnalysisJPY crossesTrade IdeasAUD,NZDOthersFXWW News
I'm presuming that we don't get any major economic or political statements out of the EZ, and if we…
June 24, 2013
USD/JPY: Making new session highs, target 99.25/40
Technical AnalysisTrade IdeasUSD/JPYFXWW News
Now the bulls have regained short-term control of the USD/JPY market and any dips back towards…
June 24, 2013
EUR/NZD: Bearish trade idea
Technical AnalysisAUD,NZDTrade IdeasEUR/USDEUR crossesFXWW News
Thanks very much to Jack for pointing out the nice set-up here and this is a trade worth…
June 24, 2013
AUD/JPY: First mover of the day, breaks short-term resistance
AUD,NZDTechnical AnalysisJPY crossesFXWW News
Short-term highs at 90.50 have been broken in AUD/JPY but I do not see this as an important level.…
June 24, 2013
EUR/USD: Market turning bearish again but we’ve read this book before!
Technical AnalysisEUR crossesTrade IdeasEUR/USDFXWW News
The market loves to be bearish EUR/USD but recent history suggests that the bears will struggle to…
June 21, 2013
AUD/USD: Short-term support forming but resistance line also clear
Technical AnalysisTrade IdeasAUD,NZDFXWW News
The short-term levels to watch in the AUD/USD are pretty clear (see chart) with support now forming…
June 21, 2013
Looks like some EUR/AUD selling going through
Technical AnalysisEUR/USDTrade IdeasFlows and OrdersAUD,NZDFXWW News
Like The Guru just mentioned, macro hedge funds are buying AUD/USD and I suspect that they might be…
June 21, 2013
EUR/AUD: Very important technical levels nearby
Technical AnalysisEUR/USDTrade IdeasFlows and OrdersAUD,NZDFXWW News
Keep an eye on the weekly chart (see chart) as a weekly close clearly above 1.4400 would be a very…
June 21, 2013
USD/JPY: Trendline resistance holds overnight
Technical AnalysisUSD/JPYTrade IdeasAUD,NZDFXWW News
If in doubt, have a look at the technical picture an old mentor of mine used to say. The 4-hour…
June 20, 2013
AUD/USD: Latest bids filled and it still looks heavy. USD/JPY nearing technical resistance.
Technical AnalysisUSD/JPYTrade IdeasAUD,NZDFXWW News
Despite the solid demand from the BIS, the AUD/USD is still looking heavy. I've added to my long…
June 20, 2013
AUD/USD testing .9250 after lower China PMI data; major support .9218
AUD,NZDTechnical AnalysisFXWW News
The big technical support level to watch is the 61.8% retracement of the major up-move from .8060…
June 20, 2013
AUD/USD: Initial resistance at .9325/30
Technical AnalysisTrade IdeasAUD,NZDFXWW News
The AUD/USD fell by 300 pips in the 4-hour period immediately after the FOMC and you can make up…
June 20, 2013
EUR/AUD: Strong resistance near 1.4350
EUR/USDTechnical AnalysisAUD,NZDFXWW News
Have a look at the weekly chart and you will see a line of 3 highs across from 1.4350 which will…
June 20, 2013
USD/JPY: Should stay heavy in risk-off environment
Technical AnalysisTrade IdeasUSD/JPYFXWW News
With equity markets falling quite heavily, the natural reaction in the FX market is for risk pairs…
June 19, 2013
AUD/USD: Technical support levels holding at .9430
Technical AnalysisTrade IdeasAUD,NZDFXWW News
There is modest support on the short-term charts at .9430 and that is holding for now. EUR/AUD is…
June 19, 2013
AUD/USD: Range trading favoured
Technical AnalysisAUD,NZDTrade IdeasFlows and OrdersFXWW News
The return of large EUR/AUD buying was very interesting and we have to wait and see whether this…