March 14, 2013
EUR/GBP: Starting to look a bit over-bought
GBP crossesTrade IdeasEUR crossesTechnical Analysis
The charts (see members) seem to be stalling around .8800 while cable and EUR/USD have had…
March 14, 2013
AUD/JPY technicals: Still looking bullish
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
I've posted both short and medium-term charts in the members section and both look bullish. The…
March 14, 2013
AUD/NZD back near 1.2600 again
The downward revision in inflation forecasts is leading to a substantial downward revision in…
March 14, 2013
Better to have no large positions if volatility starts to pick up
I know most people like to simply take a position and hope they get it right but I don't like to…
March 14, 2013
NZD falls surprisingly hard after RBNZ; AUD/NZD trade idea
I don't find anything that the RBNZ did or said in any way surprising; they've been saying for the…
March 14, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
March 14, 2013
EUR sentiment turns again
The EUR is lower across the board and the market is again finding plenty of reasons to be bearish…
March 13, 2013
Is this market long USD to it’s neck
USD/JPYOthersTrade IdeasAUD,NZDGBP crossesEUR/USD
Like I said this morning, I have a feeling that something big is about to happen and that we have a…
March 13, 2013
USD/CHF again taking the lead in early European trade; testing hourly trendline
Short-term trendline support comes in near .9440 and USD/CHF has fallen 20 pips immediately in…
March 13, 2013
USD/JPY: Very large expiry this week at 95.20
I'm not 100% sure when it rolls off, but Friday NY cut is usually a popular time. The spot rate…
March 13, 2013
Cable: Should be interesting to see what London makes of current levels
Yesterday saw the cable fall during London trade to a new medium term low near 1.4835 after some…
March 13, 2013
FX market staying very quiet in Asia; USD/JPY still main focal point
Just going through the interbank reports from 3 of the big banks and the striking thing is that two…
March 13, 2013
Something’s brewing and I’m headed to the sidelines
There is something about the present market which is making me feel quite uneasy and I feel that…
March 13, 2013
Yen crosses: Could it be buy-the-rumour-sell-the-fact
A significant component in the big Yen fall of recent months has been the expectation that a new…
March 12, 2013
GBP falling again after poor data
The beleaguered pound has fallen again after a raft of poor data. Next buy orders reported…
March 12, 2013
EUR/JPY: Falling heavily, sorry didn’t see this coming
This pair looked so bullish this morning and interbank dealers were talking about the total lack of…
March 12, 2013
EUR/CHF: Looks like some profit taking finally kicking in
Hourly lows at 1.2345 have been breached and I'll make an educated guess and say that trailing…
March 12, 2013
EUR/USD: Not over-enthused with my long position right now
I bought EUR/USD earlier today at 1.3030 but I must admit that I'm not feeling particular hopeful…