February 20, 2013
Big banks analysis of cable becoming increasingly bearish
After reading 3 separate reports this morning from some of the biggest banks in the market, I'm…
February 20, 2013
EUR still flying on the crosses
Asia has always been eager to buy the EUR, since the EUR/JPY exploded higher a few months back, and…
February 20, 2013
Short-term technicals updated
USD/JPYTechnical AnalysisJPY crosses
The potential USD/JPY H&S and the EUR/JPY pennant are still relevant. Please view the charts in…
February 20, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street
February 19, 2013
EUR/GBP: Flow guy says sell at .8660/70
Flows and OrdersGBP crossesTrade IdeasEUR crosses
His info has been pretty excellent recently so definitely worth watching this level. This guy has…
February 19, 2013
EUR/USD: Most of the big banks seem to be bearish
Of course it depends on which analyst you listen to with banks often giving out two conflicting…
February 19, 2013
NZD rebounds after Fonterra disputes China milk rumours
Fonterra, the world's biggest exporter of dairy products, denied market rumours that some of its…
February 19, 2013
USD/JPY: Another technical record surpassed
Thanks to Chris Weston on Twitter for another piece of interesting technical trivia; USD/JPY has…
February 19, 2013
NZD/JPY: Looks massively overbought on all daily indicators
As we well know, when strong trends are in play these indicators can stay overbought for a very…
February 19, 2013
AUD/NZD: Rallying after Chinese milk ban
Reports that some brands of New Zealand milk have been banned in China are causing the NZD to drop…
February 19, 2013
AUD/USD: Modest sell orders near 1.0335 still good enough to cap
Not a lot of interest in the AUD today and a 30 pip range has kept prices corralled. Dealers report…
February 19, 2013
EUR/USD: Best to wait and see but longs still preferred
If I absolutely had to take a position in EUR/USD at the moment, I'd prefer to be long with a stop…
February 19, 2013
Modest volatility in JPY and AUD post CB minutes
AUD,NZDFlows and OrdersUSD/JPY
USD/JPY dipped on comments from the Japanese FinMin regarding foreign bond purchases more than as a…
February 19, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
February 19, 2013
Short-term technicals updated
EUR/USDUSD/JPYTechnical AnalysisAUD,NZDJPY crosses
EUR/JPY; still in pennant formation. USD/JPY; possible topping formation. AUD/USD; starting to…
February 18, 2013
Cable: There are still some who think it goes up
I must admit that the cable looks terrible to me but someone who started trading it even before I…
February 18, 2013
USD/JPY eases back below 94.00 after some heavy turnover
I read from one source that turnover was light but one of the bigger banks is reporting exactly the…
February 18, 2013
Pretty lean pickings during Asian trade
EUR/USDUSD/JPYTrade IdeasAUD,NZD
The Yen has had a bit of movement after the G20 weekend but I think we all expected a bit more than…