January 16, 2013
Still like the look of the EUR crosses
EUR/USDTrade IdeasFlows and OrdersEUR crossesTechnical Analysis
EUR/CHF should continue to be the lead pair and reportedly gigantic optionality at 1.2500 should…
January 16, 2013
EUR/JPY, USD/JPY: Short-term technicals updated
Technical AnalysisJPY crossesUSD/JPY
I've updated the short-term technical outlook for both EUR/JPY and USD/JPY in the members section.…
January 16, 2013
USD/JPY: Any Ichimoku experts out there??
Technical AnalysisJPY crossesUSD/JPY
I thought the report yesterday from one of the big banks that the really big JPY short positions…
January 16, 2013
Short-term technicals of major pairs updated
JPY crossesTechnical AnalysisUSD/JPYEUR/USD
You can see all up-dated short-term technicals in the members section and if you don't have a…
January 14, 2013
EUR/CHF: More gains look likely, target 1.2650
I'm biased on this pair, already long with the 'no-brainer' trade of the year (stop-loss below the…
January 11, 2013
EUR/GBP technical up-date
Trade IdeasEUR/USDTechnical Analysis
You can see my longer-term technical analysis in the members section, and I remain bullish…
January 11, 2013
USD/JPY near base of monthly Ichimoku
Jim from FXCharts tells me that the base of the monthly Ichimoku cloud also comes in around 89.05…
January 11, 2013
EUR/JPY: Trading above double-weekly high at 117.75; clean break targets 123+
As we saw in cable a few weeks ago, be wary of technical breaks in thin markets! Nevertheless, a…
January 10, 2013
AUD/JPY: Trade idea for contrarian hard-asses only
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
A Yen analyst out of Tokyo, for whom I have a lot of respect, is calling an end to the Yen…
January 9, 2013
Cable: Still in middle of it’s 4-year wedge
Hard to believe that the crazy currency pair which I started trading in 1986, and which used…
January 9, 2013
USD/JPY: Expect the unexpected
Once this pair opened below 87.00 this morning I think many presumed that the Yen short-covering…
January 9, 2013
EUR/JPY technicals: Support breached at 113.65, next level at 113.10
The downside pressure on EUR/JPY has continued this morning with trailing stops triggered…
January 8, 2013
EUR/JPY technicals: Wedge formation on hourly chart with support near 114.30
Trade IdeasJPY crossesTechnical Analysis
Wedge formations are usually continuation patterns so bulls can consider buying near 114.30…
January 8, 2013
EUR/AUD: Buy now for move to 1.28+
AUD,NZDTrade IdeasEUR/USDTechnical Analysis
There was very nice technical support at 1.2410 which held well and this pair is starting to…
January 8, 2013
AUD/JPY: Worth considering a short after poor trade data?
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
The poor trade data does make a rate cut slightly more likely although the futures market…
January 8, 2013
USD/JPY technicals: Just a normal retrace?
Trade IdeasUSD/JPYTechnical Analysis
If we look at the move from 83.85 to 88.40 as being the latest leg of an up-move, then we may…
January 7, 2013
EUR/JPY support 114.20/30 getting tested again
If this level can hold again then we should see trailing stops building above 114.75. A clean…
January 7, 2013
USD/JPY technicals: Sooner or later the contrarians will get it right
Trade IdeasUSD/JPYTechnical Analysis
Just a glance at the daily chart will show you how overbought USD/JPY is and the attached…