January 9, 2013
Chinese-NZD connection
There are some very strong ties between China and New Zealand, particularly in the agricultural…
January 9, 2013
Quick overview of Asian FX trade
Stops targeted below 113.65 in EUR/JPY in early pre-Tokyo trade: Australian retail sales…
January 9, 2013
AUD and NZD orders updated
I've updated the orders for both AUD/USD and NZD/USD in the members section but unfortunately I'm…
January 9, 2013
Cable: Still in middle of it’s 4-year wedge
Hard to believe that the crazy currency pair which I started trading in 1986, and which used…
January 9, 2013
Few flows noted in afternoon Tokyo trade
There was a pre-lunchtime flurry up to 87.50 in USD/JPY but since then trade has been very quiet.…
January 9, 2013
USD/JPY: Expect the unexpected
Once this pair opened below 87.00 this morning I think many presumed that the Yen short-covering…
January 9, 2013
EUR/JPY back above 114.00 after earlier stop-loss hunt
Stops were triggered pre-Tokyo below 113.65 but there was no follow-through and the cross is…
January 9, 2013
EUR/AUD: Adding to small long position
Luckily I bought near the absolute top yesterday :( but I often find that these trades turn out to…
January 9, 2013
Australian November retail sales -0.1% MoM Versus +0.4% expected
The AUD/USD tried to test 1.0520 before the number but the bulls were swiftly rebuffed when the…
January 9, 2013
AUD quiet ahead of retail sales data
AUD/USD is treading water near 1.0510 ahead of the retail sales data due in 20 minutes. Sell orders…
January 9, 2013
Main FX market themes on Wednesday January 9th
Yen positioning is undoubtedly the main factor at play in the FX market with heavy Yen shorts…
January 9, 2013
EUR/JPY technicals: Support breached at 113.65, next level at 113.10
The downside pressure on EUR/JPY has continued this morning with trailing stops triggered…
January 9, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
January 9, 2013
Alcoa reports increased sales, and optimistic outlook especially on China
One pair to watch this morning could be the NZD, with stop-loss buy orders reported in NZD/USD…
January 9, 2013
Day ahead in the FX market, Wednesday January 9th
Australian retail sales data at 00:30 GMT: EUR/JPY continues to attract profit-takers, watch…
January 8, 2013
EUR/JPY technicals: Wedge formation on hourly chart with support near 114.30
Trade IdeasJPY crossesTechnical Analysis
Wedge formations are usually continuation patterns so bulls can consider buying near 114.30…
January 8, 2013
EUR/AUD: Buy now for move to 1.28+
Trade IdeasEUR/USDTechnical AnalysisAUD,NZD
There was very nice technical support at 1.2410 which held well and this pair is starting to…
January 8, 2013
No clear obvious trading opportunities arising
The Asian session hasn't really given rise to any clear-cut trading ideas with the sessions biggest…