March 22, 2013
Cable: Flow guy still thinks it will be toppy above 1.5225
EUR crossesGBP crossesFlows and OrdersJPY crossesTrade Ideas
If you've been following his information in recent weeks, you will be aware that he's been…
March 22, 2013
EUR/JPY: Reports emerging on where the large trailing stops are placed
Flows and OrdersTechnical AnalysisJPY crossesTrade Ideas
Prime broker reports suggest that many of the really big EUR/JPY long positions are getting a bit…
March 22, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
March 22, 2013
AUD/USD: Play edges of 1.0370/1.0475 range
Trailing stops were triggered in the AUD/USD overnight through 1.0420 as asset managers sold…
March 22, 2013
EUR/JPY: Keep an eye on the 55-day MA
It has provided an excellent support point since mid-November and is currently sitting just below…
March 22, 2013
EUR/JPY continues its yo-yo week
EUR/USDUSD/JPYJPY crossesFlows and OrdersAUD,NZDEUR crossesGBP crossesTrade Ideas
From 124.50 on Friday last, to 121.50, to 124.00, to 122.00, to 124.50 and back to 122.30. EUR/JPY…
March 21, 2013
Cable: Large expiries at 1.5100 today
This will act like a magnet as prices tend towards the strike price if the amount is big enough.
March 21, 2013
WestPac issue short AUD/NZD recommendation
This makes good sense after the big move higher in recent weeks. Today's GDP data should give the…
March 21, 2013
Cable orders: Still plenty of shorts out there
I wouldn't be at all surprised to see another push higher in the cable during London trade, with…
March 21, 2013
Very dull session in Asian FX market
The Yen strengthened slightly as profit taking kicked in ahead of important technical resistance…
March 21, 2013
JPY crosses slightly lower after FinMin comments
Japan's FinMin Aso is being quoted on the newswires as saying that achieving the 2% inflation…
March 21, 2013
Bookies have Rudd at odds-on favourite to defeat Gillard
As we saw during the US election, the bookies knew the result even before the vote took place! Rudd…
March 21, 2013
No bright trade ideas this afternoon
USD/JPYAUD,NZDJPY crossesTrade Ideas
The trades that could tempt me are: Short USD/JPY with stop above 96.70. Long AUD/USD at 1.0370,…
March 21, 2013
Australian leadership ballot set for 0530GMT
Looks like we might have our old PM Kevin Rudd back in the job in time for dinner. This should not…
March 21, 2013
Kuroda to speak at 6pm Tokyo time tonight
Looks like we won't be seeing any wild volatility this afternoon. Bank analysts are downplaying the…
March 21, 2013
AUD pops up slightly after improved China PMI data
AUD/USD has popped up to 1.0390 from 1.0375 after HSBC China manufacturing PMI data came in at…
March 21, 2013
AUD/JPY, EUR/JPY edge back from important resistance levels
The 100.00 barrier in AUD/JPY and the 'gap' level near 124.35/45 in EUR/JPY are the two levels I'm…
March 21, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.