November 21, 2012
Asian market open
You can click through here and read my full opening comments on FX Street.
November 21, 2012
EUR/JPY technicals: Important resistance close by at 104.80
Technical AnalysisJPY crossesEUR crosses
The 61.8% retracement of the 5-wave down-move from 111.40 to 94.10 comes in at 104.80. The…
November 21, 2012
The day ahead in the FX market, Wednesday November 21st
Japanese balance of trade data might have more impact now that volatility has returned to the spot…
November 21, 2012
USD/JPY technicals: Targeting 200-week MA at 85.20, last breached 5 years ago.
The clean break above technical resistance at 81.50 is yet another bullish indicator and the…
November 20, 2012
Markets to stay range-bound until Bernanke speaks
EUR/USDUSD/JPYAUD,NZDGBP crosses
Very hard to come to any conclusions about this market at the moment and I'm guessing that we will…
November 20, 2012
USD/JPY orders: Light trailing stops below 81.10
Comments in today's Japanese newspapers seemed to throw some doubt on whether opposition president…
November 20, 2012
EUR/USD: Order books looking a bit thin
Dealers say that bids are relatively scarce until we get near 1.2700/10 and offers start at…
November 20, 2012
Quick overview of Asian markets
EUR/USD opened at 1.2805 but quickly fell to 1.2765 after Moody's announced downgrade of French…
November 20, 2012
USD/JPY steady after BOJ keeps policy on hold
"Quick dip, quick rally, but back to where we were before" is the market reaction to the BOJ…
November 20, 2012
Cable: Bearish trading strategy
The basic idea behind this trade is that cable has posted a double-top at 1.6300 and that the…
November 20, 2012
USD/CAD orders
There has been plenty of interest in USD/CAD over the last few days and congrats are due to one of…
November 20, 2012
AUD/USD: Staying well bid despite RBA minutes
The AUD still looks reasonably strong despite the pullback after stops were triggered above 1.0420.…
November 20, 2012
AUD/USD session outlook: Benefitting from ‘reserve currency’ chatter
More reports overnight regarding the AUD reserve currency status, this time coming from the IMF who…
November 20, 2012
USD/JPY session outlook: Waiting for the BOJ
The BOJ's two-day policy meeting ends today and we should have a policy announcement in early…
November 20, 2012
EUR/USD session outlook: Moody’s downgrade of French bonds will affect sentiment
The EUR has unsurprisingly fallen across the board after Moody's downgraded French government bonds…
November 20, 2012
Asian market open
You can click through here and read my full opening comments on FX Street.
November 20, 2012
The day ahead in the FX market, Tuesday November 20th
Technical AnalysisEUR/USDUSD/JPYGBP crossesFlows and OrdersAUD,NZDJPY crosses
BOJ two-day meeting ends; all 22 economists surveyed by Bloomberg expect 'no change' to policy:…
November 19, 2012
Very noisy markets; waiting for some sort of signal.
(Apologies for the interruption, servers were down for a brief while). The FX market is remaining…