January 7, 2013
USD/JPY: Next technical target at 88.95
The 38.2% retracement of the big down-move from 110.60 to 75.60 comes in at 88.95 and that…
January 4, 2013
USD/JPY: Getting close to resistance level at 87.60
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
The 61.8% retracement of 94.90/75.60 comes in at 87.60 and if this level holds then bears can…
January 3, 2013
USD/JPY: Still no sign of a top forming
Trade IdeasUSD/JPYTechnical Analysis
Very little pullback from yesterday's highs in USD/JPY and option players are still noted buyers as…
January 2, 2013
USD/JPY technicals: Next resistance at 87.55
The 61.8% retracement of the fall from 94.95 to 75.60 comes in at 87.55 and this level should be…
December 28, 2012
EUR/JPY: Next major technical resistance at 116.70
Technical AnalysisJPY crossesEUR crosses
116.70 is the 50% retracement of the big fall from 139.20 to 94.00 and should be respected, as the…
December 28, 2012
Plenty of volatility in thin overnight markets
JPY crossesTechnical AnalysisAUD,NZDGBP crossesEUR/USD
The FX market will not return to full strength until January 7th although we should see some…
December 27, 2012
EUR/AUD m/t technicals: Pivotal resistance looming at 1.2925/50
AUD,NZDTrade IdeasEUR/USDEUR crossesTechnical Analysis
Once again its best to look at the longer-term charts to get a feel for what might happen in…
December 27, 2012
EUR/GBP m/t technical analysis: Bullish outlook for New Year move to .8800
GBP crossesTrade IdeasEUR crossesTechnical Analysis
I normally don't start with a monthly chart, which is usually a waste of time, but in this…
December 27, 2012
AUD/USD: Selling rallies preferred intraday
The short-term downtrend is in control for now and with the overall market reportedly still…
December 27, 2012
USD/JPY holding firm above 85.50
It will be interesting to see what the market does today in USD/JPY; the pair has broken marginally…
December 26, 2012
USD/JPY: Technical target reached and bulls need to be careful
As we know, the professional market is very long of this pair and was able to make more easy…
December 24, 2012
Congrats to all those cable bears
There were plenty of you I know who were selling cable on the approach to 1.6300 in…
December 19, 2012
Cable: Quite a few medium-term bears about
There were rumours in the market that China has selling interest between 1.6250/1.6300 and…
December 19, 2012
EUR/AUD technicals: Targeting trend-line resistance near 1.2725
Technical AnalysisEUR crossesAUD,NZD
The break above 1.2540 has given short-term bulls some added impetus but it seems unlikely…
December 18, 2012
EUR/USD still feels cautiously bullish
EUR/USD has been consolidating in a tight range since yesterday, now in what looks like a flag…
December 17, 2012
EUR/JPY: Looking to close opening gap to 109.90
There hasn't been much bounce in EUR/JPY over the last few hours so a move lower to close the…
December 12, 2012
USD/JPY: Looks like early Europe fancies a test of range highs
USD/JPY is fast approaching recent highs near 82.80 but I find it hard to believe that there are…
December 12, 2012
AUD/USD: Time to drastically reduce short position
Trade IdeasAUD,NZDTechnical Analysis
I've done reasonably well on this trading strategy over the last few months, selling rallies…