April 8, 2013
Yen fairly steady in early Tokyo trade
No sign of any more panic selling of the Yen and USD/JPY is relatively stable around 98.50 as Asia…
April 8, 2013
EUR/USD: Period of range trading now favoured
Trade IdeasEUR/USDTechnical AnalysisEUR crosses
The EUR crosses are turning bullish with EUR/JPY making new highs and EUR/AUD positioning at…
April 8, 2013
USD/JPY flows: Big players re-building positions
It's unusual for the really big players to get involved on a Monday morning but it seems that they…
April 8, 2013
Yen crosses: Still much too dangerous to try selling rallies
I think the market has turned universally bullish on the yen crosses and as I said on Friday, there…
April 8, 2013
EUR/AUD: Long position looking safer
I went long of this pair on Friday near 1.2400 and have a stop in place now below 1.2325. I may…
April 8, 2013
Cable: Topside stop done but still bearish overall
FXWW NewsGBP crossesTrade Ideas
Huge move in GBP/JPY on Friday ensured that those large stops I mentioned were easily accounted for…
April 8, 2013
AUD/USD: Bears looking to reassert control
The break below 1.0380 technical support has the bears back in short-term control and a test of…
April 8, 2013
JPY volatility carries through to Monday morning
USD/JPY is trading above 98.25 in early interbank trade and the extreme volatility which started…
April 5, 2013
Cable orders: Large stops above 1.5280 and 1.5300
I'm not tempted to sell this time in cable near 1.5250 and in fact I might try buying an early…
April 5, 2013
USD/JPY flows: Market aimed at downside stops but came up just short
Big Japanese and Swiss banks are reporting stop-loss sell orders below 95.70 (a reliable hedge fund…
April 5, 2013
USD/JPY technicals: 38.2% Fibo support at 95.50
The first Fibo of yesterday's big vertical upmove from 92.75 to 97.15 comes in near 95.50.
April 5, 2013
JGB futures sell-off sends USD/JPY tumbling also
Some talk that there might have been a 'fat finger' involved but no confirmation of that. Turnover…
April 5, 2013
USD/JPY: Prior highs at 96.70 now first support
Best be careful if short of this pair as I'm not sure how far it or the Yen crosses can run.
April 5, 2013
USD/JPY: Takes out recent highs
No point in fighting this trend and recent highs at 96.70 have now been breached. It would be a…
April 5, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
April 5, 2013
EUR/AUD: Technical trade, long with stop below 1.2320.
Trade IdeasAUD,NZDTechnical AnalysisEUR crosses
I've posted the chart in the members section; possible double bottom here so I've taken a purely…
April 5, 2013
Cable: Look to buy a break above 1.5280
Trade IdeasGBP crossesJPY crosses
It's all about the Yen crosses now and if cable breaks above very solid resistance at 1.5250/80…
April 5, 2013
EUR/JPY: 600 pip dips and 500 pip rallies
It was only a few weeks ago that EUR/JPY fell from 125.00 to 119.00 in a 24 hour period and now…