July 1, 2013
AUD/USD: Looking for new trading range .9000/.9250
Despite the very weak technical close below .9140 on Friday, AUD/USD hasn't managed to break any…
June 30, 2013
Major banks turning very bullish USD
AUD,NZDFXWW NewsEUR/USDUSD/JPYTrade Ideas
The dollar had a very strong night on Friday, driven by significant month-end flows from US…
June 28, 2013
AUD/USD: Dumping my intraday longs
AUD,NZDFXWW NewsFlows and OrdersTrade Ideas
I've reduced my position back to my core longs and have taken a small profit on my intraday longs…
June 28, 2013
Cable: Play edges of wide 1.5150/1.5400 range
FXWW NewsGBP crossesTrade Ideas
I don't think we will see either side of this range tonight but you just never know. If we get…
June 28, 2013
Month-end flows expected to be EUR, USD positive; JPY, CHF and GBP negative
The London Fix on the last Friday of the month is usually a big event and today should be no…
June 28, 2013
Levels to watch through the European open
EUR/USDFXWW NewsFlows and OrdersAUD,NZDTrade Ideas
EUR/USD: Support solidifying near 1.3000, not much in way of selling interest until 1.3100.…
June 28, 2013
AUD/NZD technicals: Bears looking to weekly close below 1.1825
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
This pair looks very heavy to me but there is important technical support near 1.1825 (see chart)…
June 28, 2013
EUR/JPY: Trendline resistance breaks; 50% Fibo next at 129.40
Flows and OrdersFXWW NewsTechnical AnalysisJPY crossesTrade Ideas
The strong down-trend line on the 4-hourly chart has broken (see chart) and next resistance is at a…
June 28, 2013
USD/JPY takes out recent highs; next targets 99.25 and 99.90
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
Despite the hedge fund selling earlier, USD/JPY is making new highs and has taken out this weeks…
June 28, 2013
AUD/USD: Bouncing off .9220, look for stops above .9265
Flows and OrdersFXWW NewsTechnical AnalysisAUD,NZDTrade Ideas
This is pure guesswork on my part, but most traders think the same way and if I had been selling…
June 28, 2013
AUD/USD still looking heavy in early Asian markets; next support .9200
AUD,NZDFXWW NewsFlows and OrdersTechnical Analysis
All of the Asian markets are now open and the AUD has been the main mover, down to lows at 0.9217…
June 28, 2013
USD/JPY: Hedge fund’s selling in recent trade near 98.50
FXWW NewsUSD/JPYFlows and Orders
FXWW303, our interbank insider, is reporting that hedge funds have been selling USD/JPY in recent…
June 28, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
June 28, 2013
AUD/USD: Looking to re-buy near .9235
FXWW NewsAUD,NZDFlows and Orders
I've been selling rallies in recent days, reducing my long position to much more manageable levels…
June 28, 2013
EUR/USD: Steady above 1.3000 as Sovereign buyers return
FXWW NewsEUR/USDFlows and Orders
Sovereign buyers returned to the EUR/USD when it broke below 1.3000 earlier in the week and this…
June 28, 2013
AUD/USD: Large end-of-financial-year flows anticipated today
Flows and OrdersFXWW NewsTechnical AnalysisAUD,NZDTrade Ideas
The AUD should be in for a busy day with large end-of-month and end-of-financial-year flows…
June 28, 2013
GBP: Giving bulls like me quite a fright
FXWW NewsGBP crossesTrade Ideas
Maybe my GBP bullishness of the moment is totally misguided or perhaps I've gotten the timing…
June 27, 2013
Cable: Eyeing technical support after GDP data
FXWW NewsGBP crossesTrade Ideas
The overnight lows were near 1.5290 which is also the 61.8% retracement of the big up-move from…