November 5, 2012
AUD/JPY: Given market’s penchant for range trading, shorts preferred from current levels
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
Unless you have a really strong reason for wanting to be long at the moment, I'd suggest that…
November 5, 2012
EUR/AUD technicals: Close to Fibo support again
The 38.2% retracement of the 1.1610/1.2820 move comes in at 1.2360. This was Friday's low and…
November 5, 2012
NZD/USD: Trade idea
This one is from StochMan who is a professional technical analyst, working for one of the…
November 1, 2012
EUR/GBP: Fibo support holding for now
Technical AnalysisGBP crossesFlows and Orders
The 38.2% retracement of the strong 5-wave upmove from .7750 to .8160 comes in at .8005 and this…
November 1, 2012
USD/JPY back above 80.00; AUD/JPY important resistance at 83.55 now looms
Technical AnalysisJPY crossesUSD/JPY
Not so much fanfare this time, but perhaps that means that the move can have more legs this time?…
October 31, 2012
EUR/JPY: Consolidation 102.60/103.40 before higher to test 104.80
The BOJ easing had little or no impact and with the market already sitting short Yen, we saw some…
October 30, 2012
EUR/USD: 50-day MA clearly above 200-day MA for first time in over a year
It was around this time last year that the 50-day MA last crossed the 200-day MA (bearish cross),…
October 30, 2012
EUR/GBP trade developing nicely
GBP crossesTrade IdeasEUR crossesTechnical Analysis
The potential base at the 38.2% Fibo near .8005 coupled with a possible basing pattern on the…
October 30, 2012
Levels to watch post-BOJ
JPY crossesTechnical AnalysisUSD/JPYFlows and Orders
USD/JPY: Sell orders reportedly heavy 80.40/50 and again near 80.85/90; stops reported below 79.50…
October 29, 2012
EUR/JPY: Technical support at 102.35
Technical AnalysisJPY crossesEUR crosses
That's the 50% retracement of 100.15/104.60.
October 25, 2012
EUR/JPY marches higher, important resistance at 104.80
It looks like some stops were tripped in EUR/USD above 1.3000, just as they were on the way down,…
October 25, 2012
AUD/JPY: Looks like some short-term stops were triggered above 82.70
Technical AnalysisUSD/JPYAUD,NZD
I'm sorry to be so cynical but it seems like the only reason the market can find for moving is…
October 24, 2012
EUR falls again after IFO: Next support at 1.2890
Quite a nasty fall across the board for the EUR, after poor PMI and IFO. Next risk event is Draghi…
October 24, 2012
EUR/GBP nearing support levels at .8105/10 after weak German PMI
Technical AnalysisGBP crossesEUR crosses
There is decent support in the EUR/GBP at .8105 which is bound to attract some buying…
October 18, 2012
EUR/JPY: Perfect double-top, just to throw some doubt in bulls minds
Technical AnalysisJPY crossesEUR crosses
This market just loves to throw some doubt in, just when the direction seemed clear. EUR/JPY…
October 17, 2012
AUD/USD technicals: Fibo resistance at 1.0350
Trade IdeasAUD,NZDTechnical Analysis
There is quite strong technical resistance at 1.0350, which is the 61.8% retracement of the…
October 17, 2012
EUR/AUD: Up-trend intact but stochastic indicators suggest it’s overbought
Technical AnalysisEUR crossesAUD,NZD
The up-trend on the 4-hour chart is clearly intact and a re-test of recent highs at 1.2825 is…
October 17, 2012
EUR/GBP technicals: Breaks down-trend line and daily highs
Technical AnalysisGBP crossesEUR crosses
The down-trend line on the weekly chart has been severed and a daily high at .8115 has also…