April 24, 2013
EUR/USD: 1.2950 holding despite poor Ifo
The German data was worse than expected and the first batch of stops below 1.2970 were triggered,…
April 24, 2013
EUR/USD: Mixed chatter on the order boards
Some talk of plentiful stops below 1.2970 and 1.2950. I'm hearing opposite chat, with talk of very…
April 24, 2013
AUD: Rate-cut sheep are lining up again
After recent Chinese data and today's CPI numbers, virtually all of the major bank analysts are…
April 24, 2013
USD/JPY: Looks like another attack set to be launched on 100.00 barrier
A couple of people who are very close to the action tell me that another test of 100.00 is…
April 24, 2013
EUR/GBP: Worth buying dips towards .8500
Two crosses which have served me well over the last week in terms of swing trades have been EUR/GBP…
April 24, 2013
USD/CHF: Longs looking better but still a long way to go
The charts aren't a whole lot of help to me with this trade and my reasoning has been fairly…
April 24, 2013
Levels to watch in early trade
Asian Sovereigns including China reportedly buying EUR/USD near 1.2975. Strong corporate bids in…
April 23, 2013
EUR/USD: Looking bit toppy on medium term charts
Looks like the break below 1.3000 has changed the medium-term outlook for EUR/USD and with an…
April 23, 2013
EUR/USD: All about stops, forget the PMI data
The French and German PMI numbers are only an excuse for dealers to chase stops; firstly intraday…
April 23, 2013
EUR/JPY: Flip-flopping from buyer to seller
Thankfully I haven't been trading this pair because my instincts and timing have been pretty poor…
April 23, 2013
EUR/USD: Large stops reported below 1.3000
Flows and OrdersJPY crossesEUR/USD
This is something to watch out for in early European trade with stops reported below 1.3000 and…
April 23, 2013
EUR/AUD: Trying to consolidate break above 1.2750
The AUD has taken a bit of a beating today after the Chinese data and there is more to come I…
April 23, 2013
AUD/JPY: Booking some intraday profits
Now that the data is out maybe it's time to book some interim profits. Look now to resell rallies…
April 23, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
April 23, 2013
EUR/AUD: Still consolidating but more gains favoured
Obviously I'm totally biased here in line with my long position and I'm talking my book! I think we…
April 23, 2013
AUD/JPY: Increased short position in play
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
I sold this pair on Friday last at a 61.8% Fibo retracement level near 102.85 and we now have a…
April 22, 2013
USD/JPY: More stops now being reported above 100.00
I think we all presumed that they were there but some of the big banks are confirming this now. The…
April 22, 2013
Gold rallying nicely after panic sell-off but should consolidate
I'd expect previous support levels near $1515 to provide extremely strong resistance in the short…