January 29, 2013
EUR/JPY: Short-term technical support near 121.60
A clean break below this level would open the way for a deeper dip towards prior hourly highs and…
January 29, 2013
EUR/JPY: Trailing stops eyed below 121.50
Dealers tell me that trailing stops are relatively significant in size below 121.50 and have their…
January 29, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
January 29, 2013
EUR/JPY: 123.00 still shaping as important level
There is strong technical resistance at 123.00 (prior weekly high and 38.2% retracement 170/94) and…
January 29, 2013
GBP/JPY: Shorts reduced; look for better levels to increase
JPY crossesTrade IdeasGBP crosses
I still really like this pair lower, maybe back to 136 even, but with Yen bearish momentum still…
January 28, 2013
GBP making fresh lows against EUR and USD
I've said it a few times in recent days and I'll say it again, it's never too late to sell…
January 28, 2013
EUR/JPY: Looking a bit soft as Europe opens
Technical AnalysisTrade IdeasJPY crosses
As I mentioned earlier, the technical resistance at 123.00 (weekly high and 38.2% of big 170/94…
January 28, 2013
USD/CAD: Some big players caught on wrong side of Fridays move
This is not a pair I follow closely, never having had much success with it in the past, but it…
January 28, 2013
GBP/JPY: Sticking with the short trade
I sold smalls on Friday at 142.40, and yet again I find my ability to pick a good entry level…
January 28, 2013
EUR/JPY: Modest profit-taking ahead of technical resistance at 123.00
The 38.2% retracement of the massive down-move from 170 to 94 comes in near 123.00 as also does a…
January 28, 2013
Technicals updated
EUR/USDEUR crossesTechnical AnalysisAUD,NZDOthers
I've updated EUR/CHF, EUR/USD and AUD/USD technicals in the members section. Briefly, EUR/CHF is a…
January 25, 2013
EUR/JPY technicals: Still like idea of bullish trend channel
EUR crossesTechnical AnalysisJPY crosses
The whole market is getting very bullish again but that's usually what happens in the FX…
January 25, 2013
Bit of chatter on the Gold front
Just reading a report from one of the big Prime Brokers on overall professional positioning in the…
January 25, 2013
JPY crosses ease back toward opening levels
It's been pretty quiet in Asia, after a fairly hectic round of Yen selling in late NY trade.…
January 25, 2013
Yen staying heavy; not much of a dip in the JPY crosses
Corporate sellers at 90.70 through 90.85 have capped USD/JPY for now but dips are pretty shallow so…
January 25, 2013
USD/JPY: Still some selling interest around
BOJ are committed to aggressive easing according to the latest minutes. Obviously USD/JPY is…
January 25, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.