April 2, 2013
AUD/JPY and cable worth watching in early trade
USD/JPYTrade IdeasAUD,NZDGBP crossesEUR/USD
The break below 97.50 in AUD/JPY has changed the bias considerable in my view; sell any intraday…
April 1, 2013
AUD/JPY: Back near 97.50 yet again
The lower than expected Chinese PMI have led to some modest risk-aversion in the markets and the…
April 1, 2013
Cable: Risk-reward favours sell-rally strategy
Previous weekly lows at 1.5250 proved to be solid resistance last week, despite the usual Monday…
April 1, 2013
EUR/USD: Still favour test of 1.2665/80
EUR bearishness has eased a notch or two since last week but general sentiment towards the USD…
April 1, 2013
AUD should stay quiet ahead of RBA tomorrow
There is also today's Japanese Tankan report and the HSBC China PMI data to add some volatility to…
April 1, 2013
Yen positioning reports suggest consolidation phase may soon end
Some interesting reports coming out of the interbank market suggest that overall Yen…
March 28, 2013
EUR/JPY back below 120.00
No doubt that EUR/JPY is the lead pair in the market at the moment and what happens there…
March 28, 2013
EUR edges slowly higher on pre-weekend short-covering
It looks as if the Asian market was overly short of the EUR and we've seen mild short-covering…
March 28, 2013
Chinese equity markets now almost 3.5% lower
Moves by the Chinese banking regulator to tighten controls on certain wealth-management products…
March 28, 2013
AUD/JPY leading Yen pairs lower
With a long weekend looming, I guess it's no surprise to see AUD/JPY lead the risk-off charge. We…
March 28, 2013
Yen slightly higher after Kuroda speech
USD/JPY shorts are looking a bit safer now that the Kuroda statement is out of the way. I won't…
March 28, 2013
Kuroda appearing before Japanese parliament for second appearance
We may see a lift in volatility this afternoon when these headlines hit the newswires.
March 28, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
March 28, 2013
USD/JPY: Still capped below 94.90
That's been the high twice already this week so bears have the better cards in the short-term…
March 28, 2013
AUD/USD: Intraday moves depend on what’s happening in crosses
Trade IdeasAUD,NZDTechnical Analysis
Initial short-term support at 1.0420, getting stronger near 1.0360/80. Resistance clear at 1.0500…
March 28, 2013
EUR/USD: Don’t try to catch the falling knife
Obvious target is at 1.2665/80 technical support but bulls will need a premium entry level given…
March 27, 2013
EUR/USD: There are some buyers around
One of the big German banks is reporting decent buying interest in EUR/USD around 1.2800. There is…
March 27, 2013
EUR/USD: Not much strong technical support until 1.2665/80
There is a daily low from early November at 1.2665 and the 61.8% retracement of 1.2040/1.3710 comes…