February 27, 2013
Nice risk-reward for cable bulls
This optionality ahead of 1.5050 has been well-reported for some time now and the fact that we…
February 27, 2013
EUR/JPY: Short-term wedge with parameters at 119.20/120.70
Trade IdeasJPY crossesTechnical Analysis
The hourly chart is forming a wedge pattern (I've posted it in the members) with parameters at…
February 27, 2013
No bright ideas emerging from today’s trade
Flows and OrdersAUD,NZDGBP crossesEUR/USDJPY crosses
AUD/USD: Still sitting above major option barriers and more to come at 1.0150. EUR/USD: Staying…
February 27, 2013
USD/JPY orders
Solid offers now starting at 92.25 and again 92.40/50. Modest bids 91.55/60. Stops below 91.40 but…
February 27, 2013
EUR/JPY edging higher as Tokyo arrives
Fairly quiet overall this morning. I'll be back in a few hours so hopefully it stays quiet. Next…
February 27, 2013
AUD/USD: Interbank reports very heavy turnover near 1.0200 overnight
The volumes went through the roof as the spot price approached 1.0200, spiking by around 10-fold on…
February 27, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
February 27, 2013
EUR/JPY: Retracement or reversal
On Monday I was 95% certain that we were due for a retracement, yesterday morning I was 100% sure…
February 26, 2013
EUR/USD: Sovereign buyers noted around 1.3020
I don't have any further information on size or type of buyer. My EUR/CHF trendline at 1.2125 (see…
February 26, 2013
Cable: Still looking for gap to 1.5250 to be closed
Cable gapped lower on Friday afternoon in NY on the Moody's UK debt downgrade, news which was…
February 26, 2013
Quick overview of Asian FX trade
AUD dipped on comments from RBA Debelle that interest rates could be used to offset the strong…
February 26, 2013
Large end-of-month flows behind EUR selling
Thanks to JL for the heads-up that a few of the large investment banks are reporting very large…
February 26, 2013
EUR/CHF: Bid filled but not sure I want them now
I had a bid in the market to reinstate my long EUR/CHF position at 1.2130 and it's just been…
February 26, 2013
EUR/GBP, EUR/CHF turn lower
The trading Gods were waiting for me to say something about the lack of movement before unleashing…
February 26, 2013
Staying disappointingly quiet in Asian FX market
The Nikkei has proven itself to be very resilient, now only 1.7% lower, quite a strong performance…
February 26, 2013
AUD/USD: Bullish trade idea targeting 1.1200
I've just read a trade idea from a professional trader which is certainly very different to the way…
February 26, 2013
EUR/JPY: Eyeing previous hourly lows as potential entry point
EUR/JPY has returned to 121.30 as the wild volatility continues and I'm looking to previous hourly…
February 26, 2013
EUR/JPY: Last night’s price action screams lower
Trade IdeasJPY crossesFlows and Orders
I'm seriously reassessing my medium term bullish EUR outlook after the price action overnight and…