November 29, 2012
AUD/NZD: Selling noted as rate-cut liklihood increases
The chances of a rate cut by the RBA next Tuesday are edging very slowly higher, with the market…
November 29, 2012
No major flows in early Tokyo trade
Flows and OrdersUSD/JPYEUR/USD
Overall retail sales came in at -1.2% YoY but as usual the market ignores Japanese data. USD/JPY…
November 29, 2012
USD/JPY trying to force its way higher
USD/JPY is back above 82.10 as the bulls try to regain control but interbank reports suggest that…
November 29, 2012
EUR/USD: Fibo resistance at 1.2960
The 61.8% retracement of the recent fall from 1.3005 to 1.2880 comes in at 1.2960, right where…
November 29, 2012
EUR/JPY, EUR/USD: Looks like weak stops triggered
Not much liquidity this morning so if there are any weak trailing stops in the market, which there…
November 29, 2012
Small sell order triggered in EUR/JPY
Trade IdeasJPY crossesEUR crosses
I've been running a small long position for a couple of days but I've felt that my entry level is…
November 29, 2012
Asian FX market open
You can click through here and read my full opening comments on FX Street.
November 29, 2012
The day ahead in the FX market, Thursday November 29th
AUD/USD should be interesting as we near important resistance near 1.0510: Sell orders reported…
November 29, 2012
Good order information at this time of year is priceless
Flows and OrdersGBP crossesEUR crosses
I've always found that the market trades differently as we get towards the end of the year. Perhaps…
November 28, 2012
EUR/JPY is the only game in town
If you want a bit of intraday volatility then EUR/JPY is definitely your best chance. We've…
November 28, 2012
EUR/JPY: Bouncing back after initial stop-loss driven sell-off
I'm still small long since yesterday on this pair but I think it will now struggle to get much…
November 28, 2012
AUD, NZD and CAD still finding plenty of buyers
Overall market positioning, based on CFTC and prime broker reports, would seem to suggest that…
November 28, 2012
EUR/JPY: Triggers trailing stops below 105.70
The next level to watch is 105.35/40 with stops and bids reported near same level. We might see the…
November 28, 2012
Cable: Buy orders 1.5965/70
There's a bit of interest around in the cable just now with some very early Europeans leaning on…
November 28, 2012
EUR/USD: 40 pip range prediction was a bit optimistic
20 pips covers most of the action in Asia between 1.2925/45. EUR/JPY, as usual, was the main…
November 28, 2012
EUR/JPY gets close to testing support levels
Looks like the bears might have the better cards here in short term and it's probably only a matter…
November 28, 2012
USD/JPY: Take some time to reflect on the really big picture
We get so caught up in day-to-day trading that we often forget about the really big picture so I'…
November 28, 2012
EUR/USD session outlook: Pick a 40 pip range
I can't see much happening during Asia today especially if the big hitters in Europe and the US…