May 23, 2013
Risk sentiment recovering: Best wait for European markets for confirmation
I'm really not sure what to make of today's move on the Nikkei, is it the start of a big sell-off…
May 23, 2013
AUD/JPY: Smashed to 97.50
We've been watching it all day and I wish I'd been clever enough to sell the break, but I wasn't.…
May 23, 2013
Nikkei getting hammered, USD/JPY nearing important support
The Nikkei has had an extremely nasty reversal, now almost 4% lower after being in positive…
May 23, 2013
AUD/JPY: Next support breached, 98.70 next bear target
AUD/JPY is the mover-of-the-day it seems and after one support level at 99.45 was broken earlier,…
May 23, 2013
AUD/JPY selling emerges out of Tokyo
Recent lows at 99.45 have been breached after some quite heavy selling out of Tokyo. I really…
May 23, 2013
AUD/USD feeling bit oversold intraday?
The AUD/USD fell below .9650 on quite heavy selling from model funds but it has been unable to…
May 23, 2013
USD shorts: When’s a good time to panic?
I've got a long cable position which is well out of the money and I know of a few other traders who…
May 23, 2013
USD staying strong, eyes on 104.00 in USD/JPY
I still like the risk reward in selling any strong rallies in USD/JPY towards 103.80 ish in…
May 23, 2013
AUD staying heavy in early Asia
AUD/JPY is trading toward the lower end of its consolidation pattern and a break below 99.30 could…
May 23, 2013
USD/CHF: US rates, SNB policy make this still look like a sensible long trade
Despite Bernanke's comments, the market wants to be bullish USD. SNB reiterate that they will take…
May 23, 2013
USD/JPY: Another topside test favoured today
Trade IdeasUSD/JPYFlows and Orders
The USD generally looks bullish across the board and unless some of the big Yen crosses like…
May 23, 2013
USD bulls still in control
Plenty of action around the time of the Fed overnight and I'm expecting plenty of volatility today…
May 22, 2013
EUR/GBP: Next resistance at .8590
Technical AnalysisOthersGBP crosses
My GBP/CHF trade isn't looking too good at the moment and cable support at 1.5110/20 has been…
May 22, 2013
EUR/AUD: Global macro fund massive buyer; finished now I believe
Flows and OrdersAUD,NZDEUR/USD
There was a very large buy order go through the EUR/AUD market during early London and a big global…
May 22, 2013
NZD/USD: Look for support near .8100/10
I'm hearing that there are some decent bids out of Asia in the NZD/USD near .8100/10.
May 22, 2013
EUR/AUD: Fresh air on topside; new technical target at 1.3800
Unfortunately I'm not long anymore but I'm sure I will get plenty of opportunities in coming weeks…
May 22, 2013
EUR crosses still looking perky
Carrying on with the overnight trend, the EUR looks to be well supported against all of it's cross…
May 22, 2013
EUR/USD: Sell orders 1.2940/50 but EUR crosses staying bullish
Trade IdeasEUR crossesEUR/USDGBP crosses
The EUR is looking very strong again on the crosses, making gains against all the other majors over…