February 14, 2013
Taking risky shorts in AUD/JPY and GBP/JPY
Going off a tip from someone in-the-know who tells me the trailing stops in these pairs are very…
February 14, 2013
Not the time to be trading off economic data
The EUR got smashed 50 pips lower on poor German GDP data but the market is presently being driven…
February 14, 2013
GBP/JPY should be a good pair to trade during the European session
That's if you're feeling brave as it can tend to swing around the place quite violently. Both the…
February 14, 2013
No change from BOJ
As expected ahead of the G20, the BOJ kept policy unchanged. USD/JPY has had one of its quietest…
February 14, 2013
Iwata comments send Yen lower, but losses limited
There are still plenty of profit takers out there and USD/JPY really only gained 30 pips on the…
February 14, 2013
AUD/NZD: Don’t get caught long
All I can do is repeat the same thing everyday; the big macro funds are long and wrong and trying…
February 14, 2013
Cable downtrend looks ready to accelerate; 1.40 here we come.
The cable has a very nasty feel to it at the moment and the medium term sideways movement, which…
February 14, 2013
AUD/USD: Prefer to sell-rallies intraday
Flows and OrdersTrade IdeasAUD,NZD
AUD/USD has popped above yesterday's highs near 1.0360 but with hedge fund selling interest (they…
February 14, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
February 14, 2013
AUD/CHF technicals: Inverted H&S on 4-hour chart
Technical AnalysisOthersTrade IdeasAUD,NZD
Many thanks to Jordan for pointing out the inverted H&S on the AUD/CHF 4-hour chart. Not…
February 14, 2013
EUR/JPY, EUR/CHF short-term technicals updated
JPY crossesTechnical AnalysisOthers
EUR/JPY looks to be consolidating in a pennant formation between 123.00/126.50. EUR/CHF should now…
February 13, 2013
EUR/CHF: Market targeting stops above 1.2370
EUR crossesFlows and OrdersOthers
One of the bigger Swiss banks is reporting that there are stops above 1.2370 in EUR/CHF and it…
February 13, 2013
EUR/JPY staying volatile and true to form
Yesterday this pair did a total of over 900 pips up and down throughout the day only to finish back…
February 13, 2013
USD/JPY order book: Looks like a 91.80/94.00 range
This could be a decent range trade for the next few pre-G7 sessions; decent buying interest is…
February 13, 2013
AUD/USD: More trailing stops going off above 1.0350
I think this is the last of those trailing stops I mentioned earlier and further gains are going to…
February 13, 2013
Asian accounts selling USD/JPY
Perhaps some of the bigger Singapore-based traders are back after a 4-day weekend and have decided…
February 13, 2013
What to expect from the State of the Union address
Well I'm sort of hoping that President Obama will say that he likes EUR/CHF higher :) but maybe…
February 13, 2013
USD outlook: Still fancy a higher USD in shortish term
USD/JPY is leading the way and with the Japanese corporate community significantly over-hedged,…