January 30, 2013
EUR/JPY: Consolidating above major technical resistance
The 38.2% retracement of the massive fall from 170 to 94 comes in just above 123.00 as also does a…
January 30, 2013
USD/JPY: Trying small shorts near 91.25
I am not a believer in USD/JPY so I'm selling small at 91.25, which in essence gives me a CHF/JPY…
January 30, 2013
Not much to be learned from uninteresting Asian trading session
Probably safe to say that I'm none the wiser after a pretty uninteresting session so far. Like I…
January 30, 2013
AUD/USD: Some big hedge funds noted sellers in recent sessions
No, I have no idea why but it is nevertheless interesting to note that 2 of the big hedge fund…
January 30, 2013
USD/JPY: Worth a risky short at 91.20
A failure at 91.20 would open the possibility of a double-top forming: Most technical indicators…
January 30, 2013
FOMC: Could be risky being long USD
I will be long USD/CHF heading into the FOMC but I may well hedge this position with a short…
January 30, 2013
Big big picture still pointing to higher USD/CHF, 1.10 perhaps
My entry timing has left a lot to be desired in recent weeks but I've been able to pick up a decent…
January 30, 2013
Cable and EUR/CHF short-term technicals updated
Cable; favour selling rallies to trendline and 38.2% at 1.5865: EUR/CHF; currently consolidating,…
January 30, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
January 30, 2013
Short-term technical outlook for USD/CAD and EUR/JPY
USD/CAD looks like a buy-dips proposition with .9980 my preferred entry level: EUR/JPY remains…
January 30, 2013
Order levels in EUR/USD, USD/CAD, AUD/USD set to get tested in Asia
Flows and OrdersAUD,NZDEUR/USD
EUR/USD; barriers and Sovereign sell orders reported at 1.3500: USD/CAD; solid buy orders…
January 29, 2013
USD/CAD: Buying interest still solid below 1.0020
Not a pair I trade at all but I'm hearing from 2 different directions that there is decent buying…
January 29, 2013
Cable: If you like cheap and risky trades
Friend of mine reckons its worth buying cable around 1.5665-ish with a very tight stop below…
January 29, 2013
Quick overview of Asian trade
Main interest surrounded a push to trigger trailing stops below 121.50 in EUR/JPY: Market tried…
January 29, 2013
Yen crosses: No strong sense yet that a top wants to form
Trade IdeasJPY crossesEUR crosses
Even a committed contrarian like myself has to admit that the Yen crosses are very resilient.…
January 29, 2013
GBP/JPY: Can be one of the noisiest currency pairs
I remember being part of a pilot program back in Frankfurt in the late 80's when a group of us…
January 29, 2013
AUD/USD: Hedge fund sell orders above the market
AUD/USD has benefited today from reasonably decent business confidence data and also decent New…
January 29, 2013
EUR/JPY: Bouncing after failure to break below 121.60
The trailing stops below 121.50 were well positioned and it looks as if interbank dealers are now…