May 29, 2013
EUR/CHF: Hedge funds looking to increase long bets en-route to 1.35
I had a long chat today with a big hedge fund and they are of the same opinion as me, that we will…
May 29, 2013
Focus will now turn to EUR/USD and Cable
The market has broken AUD/USD support and the lack of any strong bounce is a sign of the markets…
May 29, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
May 29, 2013
AUD/USD: Stops going off near .9570 but Sovereign buyers reported nearby
Unsurprisingly there were plenty of stop-loss orders below .9580 which have now been triggered.…
May 29, 2013
AUD/JPY: Bulls and bears both remain hopeful
Trade IdeasAUD,NZDTechnical AnalysisJPY crosses
Important daily support at 96.90 was confirmed, giving bulls hope that the medium-term up-trend…
May 29, 2013
USD/CHF main mover as bulls try to regain control
Trade IdeasUSD/JPYOthersAUD,NZDGBP crosses
The two big risk-on dollar trades had big days yesterday with USD/JPY rising during the Asian…
May 28, 2013
Yen crosses still moving higher; AUD/JPY leading the way
I think today's action in the FX market will turn out to be a pure Yen-crosses move. Firstly we've…
May 28, 2013
Cable: Risk-reward favours buying intraday dips
The Yen crosses have had a reasonably strong session and with USD/JPY nearing a 'sell-zone' above…
May 28, 2013
Yen crosses again the main focus
USD/JPY is consolidating its earlier gains and with the Nikkei now almost 1.5% higher, the Yen…
May 28, 2013
USD bid-tone returns in early Asian trade
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
The dollar is stronger across the board in early Asian trade but has yet to break through any…
May 28, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
May 28, 2013
EUR/USD: Sorry no ideas, too hard!
The EUR crosses remain quite well bid although some like EUR/AUD and EUR/CAD are showing signs of…
May 28, 2013
USD/JPY: Plenty of buyers, stop-loss sellers, and option levels
It will not be one-way traffic in the USD/JPY in either direction, with very large interest seen…
May 28, 2013
AUD/USD: Look to trade .9580/.9670 technical levels
Trade IdeasFlows and OrdersTechnical AnalysisAUD,NZD
The short-term bearish trendline has been an accurate indicator in recent weeks and it presently…
May 27, 2013
Crosses likely to provide highlights during European trade
EUR/AUD has continued its march higher today, the Yen crosses have remained quite heavy and I even…
May 27, 2013
Quiet session grinds to a close; Europe can expect the same
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
The Nikkei has rebounded a little to be -2.25% but the FX market has seen little or no action. Both…
May 27, 2013
Nikkei nearly 3% lower, AUD/JPY below 97.50
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
Next support in AUD/JPY is at 96.90 and with AUD/USD support at 96.00 also looming, I wouldn't be…
May 27, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.