April 16, 2013
Gold: Buyers will return once shock-waves die down
The market had been talking about these big liquidation trades below $1515 in Gold for almost a…
April 16, 2013
USD/JPY: Stops triggered below 96.00 in twilight trade
Nasty spike lower just after the NY close saw the market trade at 95.80 before an equally nasty…
April 16, 2013
AUD/JPY: Close below 100.00 will be worrying longer-term bulls
The AUD had a bear of a day yesterday, driven by big falls in precious metals, poor Chinese data,…
April 15, 2013
USD/CHF: Set for a sharp rise I hope
I've had a small USD/CHF long position for the last week or so which I added to earlier this…
April 15, 2013
Yen crosses crunch through support levels
AUD/JPY seems to be leading the charge lower, taking out a 38.2% retracement support at 102.15 with…
April 15, 2013
EUR/JPY: Testing support at 127.70
This level is the previous trend highs and should now offer plenty of solid support. If it breaks…
April 15, 2013
Chinese data gives more reasons to sell the AUD
Trade IdeasAUD,NZDFlows and Orders
AUD/USD is now 50 pips lower after the poorer-than-expected Chinese economic data and you can add…
April 15, 2013
AUD: Remains resilient but for how long
AUD/USD is settling back above 1.0500 but the signs are strengthening that a sell-off will emerge…
April 15, 2013
Asian market open
Now that Adam Scott has won the Masters for the first time we can get started on the trading week,…
April 15, 2013
Gold below $1500 signals medium-term downtrend
Hedge funds were the big sellers on Friday, bailing out of longer-term long positions once the spot…
April 15, 2013
US Treasury warning sends USD/JPY lower
The unexpected mention in the US Treasury report that Japan shouldn't over-reach in its attempts to…
April 12, 2013
Don’t like the look of these Yen crosses
I'm not sure what is going on which is never a healthy sign so I'm taking my 20 pip loss in the…
April 12, 2013
EUR/JPY back below 130.00
Technical AnalysisJPY crossesFlows and Orders
Just looking at the charts and they suggest that the next level of support should be around 129.40…
April 12, 2013
EUR/GBP: Looks like there might have been some stops downside
I was guessing that there were stops below .8500 in the cross and that might well have been the…
April 12, 2013
Cable looks like a good bet for some European volatility
EUR/USDUSD/JPYGBP crossesAUD,NZDJPY crosses
Nothing of interest happening in Asia so it will be over to the Europeans to get this market…
April 12, 2013
USD/JPY: Not a complete one way bet
There are plenty of downside stops in USD/JPY below 99.00 which might attract attention if we get…
April 12, 2013
Cable: Be careful if trying to pick a top
There were quite a few European hedge funds trying to pick a top yesterday afternoon and they will…
April 12, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.