February 26, 2013
USD/JPY: Back above 92.25
I think we can ignore this level now as a support/resistance pivot as it was breached by 100 pips…
February 26, 2013
EUR/JPY: Looking to sell rallies
I'm not sure where those rallies might be, but anything now around 122.50 must be considered a good…
February 26, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
February 26, 2013
AUD falls on RBA’s Debelle comments
Guy Debelle, assistant Governor of the RBA, said in a speech this morning that there is scope for…
February 26, 2013
EUR/CHF: Looking to buy at trendline near 1.2125
I was fortunate on three fronts yesterday; I was short EUR/JPY due to the ridiculous market…
February 26, 2013
EUR/USD: Breaches Fibo support at 1.3070
This sell-off in EUR/JPY is also having major technical consequences for EUR/USD, which has just…
February 26, 2013
USD/JPY: Likely to be toppish in short-term 92.00/25
Previous support was very strong near 92.00/25 and this level has now been categorically breached.…
February 26, 2013
EUR/JPY: Not much in way of technical support
Freefall continues in EUR/JPY and a quick look at the daily chart shows that there isn't much…
February 26, 2013
EUR crosses: Looking bit oversold
EUR/JPY had a 'smell' about it all day yesterday and whilst I didn't expect such a big sell-off,…
February 25, 2013
Looks like staying range-bound until election results start rolling
All of the fun-and-games happened in early Asia and its been pretty much sideways trading since…
February 25, 2013
Whatever happened to Greece?
It doesn't seem that long ago when every second headline had something to do with Greece, and it's…
February 25, 2013
EUR/JPY: Still like the sell short-term rally play
I still like the Pennant formation in EUR/JPY (updated in Members) and this suggests that we…
February 25, 2013
Quick overview of Asian FX market trade
All of the action happened in the first few hours with the GBP and JPY falling heavily. Cable was…
February 25, 2013
EUR focus: Elections, real money and Moody’s
The results of the Italian election will start emerging around 15:00 GMT and volatility will…
February 25, 2013
HSBC China manufacturing PMI falls to 50.4 from 52.3
AUD/USD has fallen 20 pips on the news but I don't expect any really big moves on the back of this.
February 25, 2013
If we would only wait for the ‘silly’ trading opportunities
There were 2 no-brainer trades this morning: The GBP was way oversold after the UK downgrade and…
February 25, 2013
EUR/JPY: Now looking to re-sell on rallies
I'm starting to feel 20 years younger with my day-trading hat on. I still firmly believe that this…
February 25, 2013
Cable: Good risk-reward for bulls buying at 1.5100
We've been down as far as 1.5075 from 1.5250 since the news of the downgrade was released in NY…