December 27, 2012
EUR/GBP m/t technical analysis: Bullish outlook for New Year move to .8800
GBP crossesTrade IdeasEUR crossesTechnical Analysis
I normally don't start with a monthly chart, which is usually a waste of time, but in this…
December 27, 2012
AUD not showing any inclination to bounce
International asset managers have been buying Australian stocks this month, leading to a 3% rise in…
December 27, 2012
Japan Chamber of Commerce: Happy to see USD/JPY in 85.00/90.00 range
The head of the Japanese Chamber of Commerce is being quoted on Dow Jones as saying that JPY85 is…
December 27, 2012
USD/JPY and EUR/JPY still edging higher
USD/JPY is consolidating it's break of previous highs at 85.50 and continues to edge higher in…
December 27, 2012
New Japanese FinMin named
Taro Aso is the 6th finance minister in recent years and is well known for his willingness to open…
December 27, 2012
EUR/JPY intraday outlook: Play edges of 112.50/114.00 range
Trade IdeasJPY crossesEUR crosses
Bulls still in complete control and no sign of any topping formations developing. I'd expect dips…
December 27, 2012
EUR/USD: Expect to stay rangebound between 1.3150/1.3300
The EUR is well bid on the crosses with EUR/JPY making a 16-month high and EUR/GBP, EUR/AUD and…
December 27, 2012
AUD/USD: Selling rallies preferred intraday
The short-term downtrend is in control for now and with the overall market reportedly still…
December 27, 2012
USD/JPY holding firm above 85.50
It will be interesting to see what the market does today in USD/JPY; the pair has broken marginally…
December 26, 2012
AUD/USD: All about stop-loss orders over holiday period
As I mentioned just before the holiday period began, dealers had been eyeing size-able stops below…
December 26, 2012
EUR looking sprightly on the crosses
The more time I've spent thinking about the EUR over the last few days, the more convinced I've…
December 26, 2012
USD/JPY: Technical target reached and bulls need to be careful
As we know, the professional market is very long of this pair and was able to make more easy…
December 24, 2012
Congrats to all those cable bears
There were plenty of you I know who were selling cable on the approach to 1.6300 in…
December 24, 2012
Fairly quiet Monday morning as holiday period begins
AUD/USD is back below 1.0400, with dealers still reporting stops below 1.0380 in thin trade:…
December 21, 2012
Order info updated
Flows and OrdersJPY crossesAUD,NZD
The delay in fiscal cliff negotiations has obviously affected risk sentiment over the last few…
December 21, 2012
Post-mortem of 2012 trading year; there is no substitute for hard work
Last Christmas I took off with my family up to the farm for 3 quiet weeks, where I spent all of my…
December 21, 2012
Gold continues to fall; might the CHF follow soon?
The one big mover overnight in other markets was Gold, which crashed through technical support at…
December 21, 2012
Day ahead in the FX market, Friday December 21st
Market starting to wind down for holiday period so should be very quiet in Asia: Yen shorts are…