February 1, 2013
Market settles down for quiet afternoon post-PMI
Wishful thinking perhaps on my part. I've added to my AUD/JPY short position and this is one where…
February 1, 2013
AUD/JPY: Time to take a risky short position
I've just gone short at 95.50 with a tight-ish stop above 96.00. I have no set level yet but will…
February 1, 2013
AUD/USD: Don’t get too bearish near range lows
The official Chinese PMI data was lower than expected and now we await the HSBC version. There were…
February 1, 2013
EUR/USD: Some decent offers reported near by at 1.3625
Dealers tell me that there is some decent selling interest close by at 1.3625 but with EUR/JPY now…
February 1, 2013
EUR/USD: No corporate sellers reported on move through 1.36
Looks like the European corporates cancelled their sell orders before tha Asian session began.…
February 1, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
February 1, 2013
USD/CHF, cable testing technical levels
Technical AnalysisEUR/USDGBP crossesFlows and OrdersUSD/JPYOthers
All the levels mentioned below have proven to be very relevant. Corporate sellers have capped…
January 31, 2013
EUR/USD: European corporate sellers 1.3585/1.3600
Technical AnalysisEUR/USDGBP crossesFlows and OrdersUSD/JPYOthers
The other big levels to watch for the rest of today are : USD/CAD: Real money buyers between…
January 31, 2013
EUR/JPY: Testing previous resistance at 123.10
If this level can hold (previous weekly highs and major 38.2% Fibo) then it will greatly increase…
January 31, 2013
Cable: 1.5865 entry level for bears
Trade IdeasGBP crossesTechnical Analysis
The 38.2% retracement of the latest down-leg comes in at 1.5865 and there are hourly highs just…
January 31, 2013
Market gossip very quiet today
There have been the usual rumours about tomorrow's China PMI number but nothing worth listening…
January 31, 2013
USD/JPY drifting lower in fairly listless trade
Maybe I should have kept those USD/JPY shorts after all :( No matter, I really have no strong feel…
January 31, 2013
Staying quiet in early Tokyo
10 pip ranges in most of the majors are not very inspiring so best go do some essential chores and…
January 31, 2013
When will the USD start to trend
EUR/USDUSD/JPYAUD,NZDEUR crosses
Obviously we've been having some huge cross moves over the last few weeks and in my experience…
January 31, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
January 31, 2013
USD/CHF and GBP/USD technicals updated
USD/CHF looks to be in a range between .9080/.9380: Cable is in downtrend with strong resistance…
January 31, 2013
USD/JPY: What can’t go down should go up
I sold smalls yesterday in order to have no USD exposure heading into the FOMC and I am closing…
January 30, 2013
AUD/USD: Those hedge fund offers capped the pair nicely
Lots of cross action happening in the AUD as well, with EUR/AUD through the proverbial roof. Hedge…