March 1, 2013
Nothing of interest to report from Asian FX market
China official PMI slightly down at 50.1 from 50.5 last month. Forgettable 25 pip range in most of…
March 1, 2013
AUD dips slightly on official Chinese PMI data
This months number came in at 50.1, down from 50.5 last month. The AUD/USD dipped to 1.0210 after…
March 1, 2013
Local banks recommends short-term NZD/USD shorts
One of the bigger players in the Kiwi market has gone short at .8260 with a stop-loss at .8360 and…
March 1, 2013
USD bulls getting ready for big run; keep sharp eye on Gold market
Relative stability in the US, both on economic and political fronts, is getting USD bulls all…
March 1, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
March 1, 2013
Cable: Prefer to buy intraday dips for 1.5250 test
USD/JPYGBP crossesTrade IdeasAUD,NZDEUR crossesEUR/USD
I still feel that last Friday's gap in late NY trade from 1.5250 is likely to be closed. I prefer…
March 1, 2013
USD rebounds but ranges still intact
Not a lot seems to have happened overnight with the USD making modest gains across the board except…
February 28, 2013
Quick overview of Asian market
Only move of note has been in the AUD with short-term market caught short. Some selling interest…
February 28, 2013
Use flow and order info to support your own views
Please use your common sense when using order and flow information. Only use it if it supports your…
February 28, 2013
AUD/JPY: Flow guy suggests selling at 95.10/20
Haven't heard from him for a few days but his info has been generally quite good. He says there are…
February 28, 2013
USD/JPY: Staying quiet despite BOJ nomination.
Mr Kuroda has as expected been nominated to become BOJ Governor. Remember that on Monday we had the…
February 28, 2013
AUD/USD touches 1.0280 as short-covering continues
Sorry for repeating myself again, but I'd be careful about trying to pick intraday tops as this…
February 28, 2013
AUD/USD: Trading like a market that’s short
FX trading is all about positioning; how the market is positioned, how comfortable it is with this…
February 28, 2013
GBP: Tide turning in favour of more QE
It's not the Moody's downgrade which is likely to have the biggest impact on the GBP, although…
February 28, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
February 28, 2013
AUD/USD: Looks like topside danger today, 1.0300 perhaps
AUD/USD breached the well-protected barrier at 1.0200 overnight but bounced pretty sharply. I…
February 28, 2013
EUR/JPY: Still undecided if reversal or retracement
Trade IdeasJPY crossesTechnical Analysis
I still prefer the short-term sell-rally play and I'm looking at resistance levels near 122.30/50…
February 28, 2013
EUR/CHF: Taking some profit off the table
I was lucky enough to buy at the lows on Monday when trend-line support held near 1.2125 and I'm…