April 3, 2013
Early Europe keeping it tight; no directional moves yet
Trade IdeasGBP crossesJPY crosses
Unless we get some unexpected breaking news, flows and orders are likely to dominate proceedings in…
April 3, 2013
Gold and Silver still heavy as longs liquidate
The big downside level to watch in the Gold market is 1515, with plenty of Central Bank buyers…
April 3, 2013
Risk to downside for Yen pairs tomorrow post-BOJ
30 pip ranges in most of the major pairings is the sum total of Asia's efforts today and my hope…
April 3, 2013
EUR/USD: Heavy bids reported 1.2760/70
The flow guy informs me that there is plenty of EUR/USD buying interest between 1.2760/70 from…
April 3, 2013
USD/JPY holding above 93.50 for now
Technical AnalysisJPY crossesUSD/JPY
The previous spike lows at 93.50 have been breached and the next technical resistance is at a…
April 3, 2013
AUD/USD: Plenty of stops above 1.0510
JPY crossesTrade IdeasAUD,NZDTechnical Analysis
The AUD/USD has again pulled back from 1.0500 but I wouldn't be getting too bearish just yet. There…
April 3, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
April 3, 2013
JPY: Look for volatility to increase ahead of BOJ
The BOJ's two day meeting starts today and we can expect volatility in the Yen to increase as large…
April 3, 2013
Cable: Happy to book profits at current levels
A nice 150 pip profit to start the day, even on a small position, is not to be sneezed at so I've…
April 3, 2013
GBP/NZD big mover overnight on reinsurance flows
Cable has fallen 150 pips overnight and NZD/USD has risen by up to 50 pips after a big reinsurance…
April 2, 2013
Cable resistance looking stronger now
The prior weekly lows at 1.5250 have been tested twice now and held both times. It makes plenty of…
April 2, 2013
USD/JPY: Bids hold firm
Very solid bids between 92.50/70 have held firm on the first test and this level cold prove to be…
April 2, 2013
EUR/JPY: Trailing stop now in play above 120.40
I'm locking in a healthy profit on the balance of my short position with a trailing stop now above…
April 2, 2013
USD/JPY: More bids layered toward 92.50
Plenty of selling today across the board in the USD and USD/JPY has filled good sized bids at 92.70…
April 2, 2013
AUD/USD testing 1.0500 on slightly neutral statement
The RBA has maintained its easing bias but it looks like the market is caught a little short with…
April 2, 2013
USD/JPY buyers reportedly heavy 92.70
USD/JPY is maintaining its heavy tone but further losses are expected to be hard-fought, with…
April 2, 2013
RBA to keep rates steady, maintain easing bias
There is universal agreement (a dangerous thing in the FX market!) that the RBA will stay on hold…
April 2, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.