June 11, 2013
USD/JPY falls heavily on BOJ announcement
Nasty fall to 98.00 after the BOJ announcement which shows that the market was caught a bit long.…
June 11, 2013
AUD/USD: Another marginal break but support holding for now
FXWW NewsAUD,NZDFlows and Orders
Same old story here in Asia with heavy selling of the AUD probably still related to the big EUR/AUD…
June 11, 2013
Local banks still selling AUD
AUD/USD is testing ultra short-term support near .9415/20 as the local banks continue to sell. This…
June 11, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street. Oops, apologies for…
June 11, 2013
JPY crosses: Algos probing for stops in thin twilight trade
The short-term liquidity market, with banks scaling back their risk taking, is increasingly being…
June 11, 2013
BOJ: No major surprises expected
This afternoon's BOJ monetary policy statement is not expected to bring any surprises although…
June 11, 2013
AUD/USD: Look to return to more normal day-trading activities
Long-term technical support at .9390 held on the first test. Medium term down-trend is still in…
June 11, 2013
EUR/JPY: Going short again near 130.90, tightish stop
Last week's sell-off might be an indication of more to come. USD/JPY peaked back above it's…
June 10, 2013
USD/JPY: Bulls need to reclaim 98.80
The big breakdown level in USD/JPY last week was at 98.80 and there was panic selling once that…
June 10, 2013
EUR/USD: Still too hard for me, no idea where it’s going
Technical AnalysisEUR crossesEUR/USD
Strong demand related to EUR/AUD flow but this is probably mostly done by now. EUR/JPY stop-loss…
June 10, 2013
USD/JPY: Buying dips favoured in short-term
AUD/JPY; solid demand reported on dips from Japanese accounts. EUR/JPY; break above 129.50 has…
June 10, 2013
AUD/USD back near .9400 again; EUR/JPY still with bit of topside potential.
AUD/USD: The first attempt at cracking strong technical support at .9390 failed earlier this…
June 10, 2013
AUD/JPY: Solid buying interest below 92.00
Some of these big flows seemed to have reached an equilibrium point and supply/demand is starting…
June 10, 2013
EUR/JPY: There go the stops!
No surprise to see plenty of trailing stops above 129.00 and 129.50 and they have all been…
June 10, 2013
AUD/USD testing lows from October 2011
The AUD/USD has gapped 100 pips lower on the back of poor Chinese data (and the fact that everyone…
June 9, 2013
AUD: May be heavy on Monday morning after Chinese data
Chinese trade data showed a marked reduction in activity and this could give the bears another…
June 9, 2013
EUR/JPY should be key pair this week
The EUR was pulled in different directions by large flows last week; on one side there were reports…
June 9, 2013
Volatility great for trading, but you must get your timing right
Depending on which way you look at it, these markets are either very dangerous or they offer…