October 16, 2012
AUD/NZD: Break above technical resistance should lead to AUD/USD demand
The break above important technical resistance (hourly highs, 61.8% retracement) opens the way…
October 16, 2012
EUR/JPY technicals: Play 101.50/102.80 with bullish bias
The break above 101.90 has given this pair a bullish bias in my opinion, and I'm looking for a…
October 12, 2012
EUR/JPY: Obvious parameters at 100.50/101.80
A quick look at the 30-minute chart shows a 5-wave down-move which stalled at a double bottom.…
October 11, 2012
EUR/AUD technicals: Break below 1.2550 targets 1.2360
EUR/USDTechnical AnalysisAUD,NZD
Previous highs at 1.2550 have now been broken and the obvious target for this pair is the…
October 10, 2012
EUR/GBP Technicals: Market pulled up shy of important technical resistance
EUR crossesTechnical AnalysisGBP crosses
Anytime a market falls just short of a technical target and then retraces sharply, we need to…
October 10, 2012
EUR/AUD technicals: Favour deeper retracement towards 1.2350
EUR/USDTechnical AnalysisAUD,NZD
There have been a lot of big players streaming into this pair over the last few weeks, hoping…
October 10, 2012
EUR/USD: Short-term bearish bias but still in overall range-trading mode
EUR/USDTechnical AnalysisEUR crosses
I'm still in overall range-trading mode on EUR/USD but the events of last night have given some…
October 9, 2012
EUR starting to look tired on the crosses
AUD,NZDTechnical AnalysisGBP crosses
EUR/GBP has done a sharp about-turn, just as it got in sight of its major target at .8110 and…
October 9, 2012
EUR/GBP: Approaching important technical resistance levels
EUR/GBP has bounced back nicely over the last 8 days and now looks set to test daily…
October 9, 2012
AUD/JPY: Still short with stop above 80.10
I went short last night after the bearish break below 79.70 but a combination of stop-loss buying…
October 8, 2012
Maybe they should be called stop-hunters instead of spot dealers?
JPY crossesTechnical AnalysisGBP crosses
That's pretty much what an interbank spot dealer does these days, sees where the stops are and goes…
October 8, 2012
EUR/JPY: Technical support nearby
The Yen crosses are in a bit of a freefall so I wouldn't be trying to pick a bottom anytime soon…
October 8, 2012
AUD/JPY: Looks like a ‘sell-break’ set-up
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
I think the market is looking to get short the AUD but hasn't really even started yet (in fact…
October 8, 2012
EUR/USD: Short-term support levels looming
Technical AnalysisTrade IdeasEUR/USD
As you can see on the hourly chart, we have a bullish trendline, previous highs, and the 100-hr MA…
October 8, 2012
EUR/JPY: Next support at 101.85
A quick look at the 30-min chart shows that there are three lows at 101.85 and this level should…
October 8, 2012
EUR/GBP Technicals: Potential for .8215
The daily chart shows a mature downmove from .8500 to .7750 which is currently retracing and looks…
October 8, 2012
EUR/JPY: Technically still prefer the sell-big-rally play
The daily chart completed a nice 5-wave pattern from 111.40 to 94.10 and we look to be in…
October 8, 2012
EUR/USD Technicals: 1.3080 pivotal for next directional move
The weekly chart is in a slow downtrend oscillating either side of the 100-week MA line. The daily…