September 2, 2013
AUD/USD: Needs to consolidate above .8980/85 for double-bottom possibility
FXWW NewsAUD,NZDTechnical Analysis
The short-term charts are trying to form a reversal pattern (see charts) but prices need to cleanly…
September 2, 2013
EUR/GBP: Breaks below recent daily lows
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
But there is more technical support at .8465/70 (see chart). I'm still running a small short…
September 2, 2013
AUD/USD: Still finding decent support near .8900
FXWW NewsTechnical AnalysisAUD,NZDTrade IdeasFlows and Orders
On the last two visits to .8900, dealers have been reporting 'good names' on the bid; Technical…
September 2, 2013
EUR/USD: Solid technical support starting around 1.3180
FXWW NewsTechnical AnalysisTrade IdeasEUR/USD
The short-term trend is bearish but there is some technical support at 1.3180 (see chart) where a…
August 29, 2013
Yen outlook: Expecting Yen to weaken when EM crisis recedes
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasUSD/JPY
USD/JPY is still trading in a consolidative wedge pattern suggesting the next impulsive move will…
August 28, 2013
EUR/JPY technicals: Still looks like classic consolidation
FXWW NewsTechnical AnalysisTrade IdeasJPY crosses
The daily chart is trading sideways in a classic consolidative wedge formation, with edges…
August 28, 2013
AUD outlook: Possible double-bottom in AUD/USD but AUD/JPY still looking soft
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
AUD/USD has the possibility of forming a double-bottom but needs to break above .9070 to confirm…
August 27, 2013
AUD/USD: Looking mildly constructive on short-term charts
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
The AUD/USD hourlies (see chart) is showing a mildly constructive pattern of higher-lows and…
August 26, 2013
EUR/JPY grinding higher, eyeing important resistance at 132.75
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasEUR crosses
This pair has proved to be very resilient in recent times and we are likely to get a test of…
August 26, 2013
AUD/NZD looking like a buy-dip proposition
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
There is still some trend-line resistance close by in the AUD/NZD but the break above 1.1550…
August 23, 2013
EUR/USD outlook: Range trading likely between 1.3280/1.3425
FXWW NewsTechnical AnalysisEUR crossesTrade IdeasEUR/USD
EUR/USD is still unable to generate significant momentum; Banks and prime brokers report heavy…
August 21, 2013
GBP/USD: Still long, still like it; 1.5750 critical resistance
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
I'm not sure that my timing is correct on this trade but I will persevere as I believe that the GBP…
August 20, 2013
EUR/AUD: Topping formation negated; buy-dip proposition once again
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
Yesterday we had strong support at 1.4450 holding firm in EUR/AUD and today the prospective topping…
August 20, 2013
AUD/USD: Adding to longs at .9075
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
AUD/JPY support at 88.70 has broken but there has been no significant follow through. EUR/AUD has…
August 20, 2013
AUD/JPY: Important technical support near 88.70
FXWW NewsAUD,NZDTechnical Analysis
This is the 38.2% retracement of the move from 86.40/90.10 and also recent lows (see chart). A…
August 20, 2013
EUR/AUD technicals: Vital levels now at 1.4450/1.4750
FXWW NewsTechnical AnalysisTrade IdeasAUD,NZD
Very important daily support at 1.4450 was severely tested yesterday, yet it held (see chart).…
August 19, 2013
EUR/AUD: Sitting on important support levels
FXWW NewsAUD,NZDTechnical Analysis
A clean break below 1.4450 would open the way up for a deeper retracement towards 1.4200 (see…
August 16, 2013
Cable: Very important resistance at 1.5750
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
If we were to get a weekly close above 1.5750 that would raise the prospect of a double-bottom…