July 2, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
July 2, 2013
EUR/GBP: Technical resistance still holding near .8590
FXWW NewsGBP crossesTechnical Analysis
These resistance levels .8590/.8600 have held surprisingly well in recent weeks (see chart).
July 2, 2013
EUR/JPY: Technical resistance at 130.45
FXWW NewsJPY crossesTechnical Analysis
The 61.8% retracement of the 133.80/125.00 fall comes in near 130.45 (see chart).
July 2, 2013
USD/JPY: Favour selling intraday near 99.90 with stops above 100.40
FXWW NewsTechnical AnalysisTrade IdeasUSD/JPY
USD/JPY may indeed be headed for 120 like some would have us believe but that's too 'big picture'…
July 2, 2013
RBA: What the major banks are saying
If you want the full lowdown from our hedge fund insider @FXWW888 (who made a great call on the…
July 2, 2013
AUD/USD: .9280 looming as vital psychological level
FXWW NewsFlows and OrdersTechnical AnalysisAUD,NZD
The RBA will stay on hold today and given the conflicting global factors (rising US rates but a…
July 1, 2013
Looks like it’s going to be a EUR/GBP dominated session
FXWW NewsEUR crossesFlows and OrdersGBP crosses
The one level I didn't mention below is of course the .8590/.8600 resistance in EUR/GBP and it…
July 1, 2013
Levels to watch in early European trade
FXWW NewsFlows and OrdersAUD,NZDTechnical AnalysisEUR/USDUSD/JPY
USD/JPY: 61.8% retracement of 103.70/93.85 at 99.90. EUR/USD: Sovereign bids 1.2970/80. Cable:…
July 1, 2013
Have we got a resident Mark Carney expert at FXWW?
FXWW NewsGBP crossesTrade Ideas
Any old Funds traders out there who've been following the career of Mark Carney closely? What can…
July 1, 2013
USD/JPY: Every analyst seems to be super bullish
There's a good reason that banks never give analysts any trading limits! Their job is to get…
July 1, 2013
EUR/GBP: Still capped below .8600; Carney taking over today
FXWW NewsGBP crossesTechnical Analysis
The GBP should be quite volatile once Europe gets up and running with big technical levels close by…
July 1, 2013
AUD/USD: Strong short-term technical resistance near .9215
FXWW NewsAUD,NZDTechnical Analysis
If the bears are to maintain the current strong downside momentum, they will need to defend…
July 1, 2013
AUD/USD: No reaction to official Chinese PMI data
FXWW NewsAUD,NZDFlows and Orders
AUD/USD is trading near .9150 after the official Chinese manufacturing PMI data came in lower…
July 1, 2013
NZD: Demand for local bonds returns and Kiwi starting to look good on the crosses
FXWW NewsTechnical AnalysisAUD,NZDTrade IdeasFlows and Orders
AUD/NZD consolidating below 1.2000 and further losses towards 1.1500 expected. NZD/JPY and NZD/CHF…
July 1, 2013
EUR/JPY: Maintaining preference towards selling rallies
FXWW NewsTechnical AnalysisTrade IdeasJPY crosses
Prices have stalled yet again just above 129.50 (see chart) and this pair is struggling to maintain…
July 1, 2013
EUR/USD: Supported by Sovereign bids and a weekly trend-line
FXWW NewsFlows and OrdersTechnical AnalysisEUR/USD
Sentiment is bearish and positioning is headed that way with all of the major banks seeming to…
July 1, 2013
Cable: Strong technical support at 1.5155/80
FXWW NewsTechnical AnalysisTrade IdeasGBP crosses
The 61.8% retracement of the move from 1.4830 to 1.5750 comes in at 1.5180 (see chart). The double…
July 1, 2013
USD/JPY: Favour a 98.75/99.90 range
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasUSD/JPY
The fundamental outlook is bullish given potential tapering from the Fed and expansionist BOJ…