May 10, 2013
EUR/USD levels to watch
(Watch important resistance at .9500 in USD/CHF as this will impact EUR/USD). Short-term technical…
May 10, 2013
USD/JPY: Didn’t trade between 99.94 and 100.20
One big player put a bid for multiple billions in the interbank EBS trading system at 100.20…
May 10, 2013
AUD/USD: Overall bearish but AUD/JPY could be the fly-in-the-ointment
I'm sticking with my bearish bias on AUD/USD but with solid support at .8350/60 holding in the…
May 10, 2013
Trade of the day: Buying EUR/JPY
EUR crossesTrade IdeasJPY crosses
Chart resistance at 131.00 has been breached. USD/JPY is through the big psychological barrier.…
May 10, 2013
Lot of rumour driven moves so be very careful
USD/JPYFlows and OrdersJPY crosses
Barriers, stop-losses, and plenty of rumours; just another day in the FX market! There have been no…
May 10, 2013
AUD/USD: Booking partial profits from yesterday
I remain bearish on the AUD but with EUR/USD approaching Sovereign bids near 1.3000, I'm happy to…
May 9, 2013
Cable: Still needs to break above 1.5600 for further impulse
Have a look at the long term GBP/NZD chart and you get a sense of just how far the GBP has fallen…
May 9, 2013
USD/JPY: Stops lurking just below the market
Obviously there is still some decent buying interest around as the market has been unable to…
May 9, 2013
AUD/USD: I’m still happy to sell rallies
Today's jobs data has changed nothing in my very biased view and I think all rallies are to be seen…
May 9, 2013
Algos take a bath after data dump
The Chinese CPI came out a few seconds before the jobs data, and Algos were busy selling the…
May 9, 2013
EUR/USD: Base of trading range seems to be in place
Flows and OrdersTrade IdeasEUR/USD
I expect to see plenty of range trading in the EUR/USD over coming weeks. It seems that Sovereign…
May 9, 2013
USD/JPY: well confirmed range edges at 97.00/100.00
I have a mildly bearish short-term bias, only because of reports of stop-loss orders below 98.60,…
May 9, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
May 9, 2013
AUD/USD: Important levels intact ahead of jobs data and Chinese CPI
Flows and OrdersTrade IdeasAUD,NZD
The big downside level to watch is obviously 1.0115, the spike low from early March, and dealers…
May 9, 2013
FX market moving into classic cross-movement phase
EUR/USDEUR crossesTrade IdeasAUD,NZDGBP crosses
I believe that pairs like EUR/AUD, GBP/NZD and the like are set for major moves higher. Have a look…
May 8, 2013
Best to stay with crosses for trading opportunities
Whether it be GBP/NZD, CAD/JPY or EUR/AUD, I think we are likely to find more volatility, more…
May 8, 2013
NZD/USD: .8360 the level to watch
The NZD is such a small currency that it's vital to know exactly what is going on at all times…
May 8, 2013
USD/JPY: still some downside stops around
Watch for downside stops below 98.60 through 98.20.