April 10, 2013
Getting close to a move higher for USD
USD/JPYTechnical AnalysisAUD,NZDTrade IdeasEUR/USD
EUR/USD is nearing a technical resistance level near 1.3115/30. AUD/USD is also nearing the top of…
April 10, 2013
Yen crosses: Strong bounce back shows strength of trend
There was a rush of profit-taking in pairs like AUD/JPY and EUR/JPY in late-Asia early-Europe…
April 10, 2013
AUD/USD: Targeting 1.0575 trend channel highs
Technical AnalysisTrade IdeasAUD,NZD
The break above 1.0500 has changed the short-term picture to mildly bullish. Look to buy intraday…
April 10, 2013
EUR/USD: Decent technical resistance 1.3115/30
The 38.2% retracement of the fall from 1.3710 to 1.2745 comes in at 1.3115. The 100-day SMA is…
April 8, 2013
EUR/USD: Period of range trading now favoured
Technical AnalysisEUR crossesTrade IdeasEUR/USD
The EUR crosses are turning bullish with EUR/JPY making new highs and EUR/AUD positioning at…
April 5, 2013
USD/JPY technicals: 38.2% Fibo support at 95.50
The first Fibo of yesterday's big vertical upmove from 92.75 to 97.15 comes in near 95.50.
April 5, 2013
EUR/AUD: Technical trade, long with stop below 1.2320.
Technical AnalysisEUR crossesTrade IdeasAUD,NZD
I've posted the chart in the members section; possible double bottom here so I've taken a purely…
April 4, 2013
USD/JPY: Next technical resistance at 94.90
Technical AnalysisTrade IdeasUSD/JPY
No sign of the rally to run out of steam just yet. Technical resistance at 94.35 has been broken…
April 3, 2013
USD/JPY holding above 93.50 for now
USD/JPYTechnical AnalysisJPY crosses
The previous spike lows at 93.50 have been breached and the next technical resistance is at a…
April 3, 2013
AUD/USD: Plenty of stops above 1.0510
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
The AUD/USD has again pulled back from 1.0500 but I wouldn't be getting too bearish just yet. There…
March 28, 2013
AUD/USD: Intraday moves depend on what’s happening in crosses
Technical AnalysisTrade IdeasAUD,NZD
Initial short-term support at 1.0420, getting stronger near 1.0360/80. Resistance clear at 1.0500…
March 27, 2013
EUR/USD: Not much strong technical support until 1.2665/80
There is a daily low from early November at 1.2665 and the 61.8% retracement of 1.2040/1.3710 comes…
March 26, 2013
EUR/JPY: Technicals suggest we bears must be careful
Technical AnalysisTrade IdeasJPY crosses
I've updated the technicals in the members section and the daily chart does look like its forming a…
March 22, 2013
EUR/JPY: Reports emerging on where the large trailing stops are placed
Technical AnalysisJPY crossesTrade IdeasFlows and Orders
Prime broker reports suggest that many of the really big EUR/JPY long positions are getting a bit…
March 22, 2013
EUR/JPY: Keep an eye on the 55-day MA
It has provided an excellent support point since mid-November and is currently sitting just below…
March 21, 2013
AUD: Much will depend on what happens in AUD/JPY
Flows and OrdersTechnical AnalysisAUD,NZD
AUD/JPY is again fast approaching the important physical and psychological barrier at 100.00.…
March 19, 2013
EUR/JPY: Should find decent support at 122.70
Technical AnalysisTrade IdeasJPY crosses
That was yesterday's intraday high during Asian trade and I will look to cover part of my short…
March 18, 2013
Cable: Range-bound with rally-selling bias
Technical AnalysisTrade IdeasGBP crosses
With EUR/GBP now starting to retrace pretty significantly, cable should find plenty of support on…