EUR/GBP in retracement mode


The cross has finally started to retrace after a reasonably big fall and the obvious targets are…

USD/JPY should find support on dips


USD/JPY should be somewhat less impacted than the other USD pairs by the unexpected Fed decision.…

AUD/USD Techs: Reaches 38.2% retracement


The 38.2% retracement of the big downmove from 1.0580 comes in at .9510 (see chart).

Chat-room update


Even the chat-room has been unable to get the market moving today :) By the way, the FXWW-Techs…

USD/JPY Techs: Bears can sell near 99.40 with tight-ish stop


(See chart). I really like the risk-reward possibilities on this trade. Trend-line and Fibo…

Cable: Still eyeing important resistance at 1.5750


Important resistance looming at 1.5750 in cable (see chart) as clean break-and-hold would raise…

AUD/USD technicals: Pivotal resistance near .9335


The daily chart is showing that prices are again re-visiting a previously pivotal level at .9335…

Latest from the FXWW-RM chat-room


FXWW 888 FXWW Pty Ltd 5:40:59 amCS FX Strategist – Japanese portfolio flow monitor: 5:41:43…

EUR/USD: Cross buying helps put interim base in place


Most recent downmove stalled at a 50% retracement level (see chart); EUR/AUD saw some some heavy…

GBP/JPY looking to test 156.90


Comments from the BOE's Fisher in the Sunday Times have given the GBP an early boost to start the…

Intraday trading range expectations


AUD/JPY is usually one of the more active pairs and I'd expect further consolidation of recent…

Cable: Looks very constructive but needs to break above 1.5750


As you know I'm bullish on the GBP, long against both the USD and the EUR at present. I only sold a…

AUD/JPY: Strong technical set-up, support/resistance at 90/93


No reason to jump off the bull train here. The clear technical target is at 93.00 and support lines…

EUR/USD: Dominated by Sovereign flows; MAs provide technical support


ACBs reported selling rallies as reserve re-balancing continues post USD/AXJ intervention;…

AUD: Bullish across board but AUD/USD hitting the wall


Strong technical break in AUD/JPY, but confirmation needed (see chart); Technical resistance in…

USD/JPY: Likely to run into headwinds ahead of 100.00


Heavy optionality expected at 100.00; Corporate sell orders starting at 99.60/65; Break out of…

EUR/USD: Expect support to be solid at 1.3165/70


A quick look at the daily chart shows why some traders are happy to start buying near current…

USD/JPY breaks out of wedge formation


The well-watched wedge formation on the daily chart has now broken (see chart) and the obvious…