EUR/USD: Likely to test 1.3400 over few days


Despite political unrest in Portugal, the market seems to be quite happy buying EUR or at least is…

EUR/GBP: Bulls will need .8570 to hold


If EUR/GBP bulls are hoping for more gains then they should expect a 61.8% pull-back level at .8570…

EUR/CHF: Chopping my longs for tiny loss as risk-aversion returns


I'm giving up on this pair yet again and taking my 20 pip loss. I bought a small position last week…

Gold consolidating earlier gains above $1300


If you're tempted to sell the Gold stuff, then keep your stops fairly tight above $1325 as it…

USD/JPY takes out most of stops below 100.00


Most of the stops I mentioned earlier below 100.00 have now been done. The high in early interbank…

AUD edging higher on back of metals rally


I'm talking my position as usual but I think this move in precious metals is an important one and I…

Gold higher in early trade


The initial reaction to the Fed's review decision has been to send Gold higher, presently trading…

AUD: Weekend press reports not having any impact at moment


Australian Financial Review running a story saying that there will be a rate cut in August. The…

Fed reviewing bank trading in physical commodities


This story over the weekend (Reuters version) could have a very significant impact on a variety of…

USD/JPY trading sideways after weekend elections


The Japanese PM won the expected majority in weekend elections but early attempts to buy USD/JPY…

AUD/NZD: Look for support to stiffen near 1.1500


I'm hearing that there will be decent sized buying interest near 1.1500 and local dealers expect…

How to turn $20k into $1 million in 8 easy weeks


You think I'd tell you if I knew! But the up-side to tracking traders is that you eventually come…

Time to stop trading the crosses and start selling the USD


The entire market focus in recent months has been on the crosses, buy risk, sell risk, sell the…

Don’t you love Friday afternoon markets, not…


Very patchy liquidity this afternoon with mini liquidity bubbles causing small gaps. USD/JPY got…

Macro fund behind the Nikkei sell-off


Our hedge fund insider @FXWW888 reported earlier that a macro fund was behind the sell-off in the…

Nice call on USD/JPY from FXWW303


You can follow him on Twitter @FXWW303 and he went short 40 minutes ago at 100.82, nice one! Pity I…

Asian market open


You can click through here and read my full opening comments on FX Street.

EUR/USD: Structural flows suggest will eventually break higher


Let's face it, 'eventually' could mean in 10 years time the way this pair is trading! A good source…