EUR/USD: Interbank order books favour buying dips


There is a bit of a scrap going on near 1.2740 and the bulls seem to be lacking the necessary…

EUR/JPY: Testing technical resistance at 101.70


     There is a 38.2% retracement level at 101.70 which is currently being severely tested.

USD/JPY technicals: Looking to add to shorts at 79.90


      I see solid resistance at 79.90 on 1-hour chart and I will look to add to my existing short…

USD/JPY orders: Sellers and stops nearby


Plentiful corporate sell interest near 80.00: Stop-loss buy orders immediately above 80.00:

EUR/USD: European open analysis


Courtesy of Chifbaw.com Recommendations:  Buy the EUR/USD in between 1.2665-1.2650, SL 1.2635,…

Japanese PM set to call election on December 16th


Reports out of Japan say that PM Noda, whose popularity is very low, will call an early general…

Market is best left alone if it isn’t moving


Volatility in the AUD/USD is at 66 month lows and it's not the only pair stuck in the doldrums,…

Quick overview of Asian trade


Shares across the region were around 0.2% higher with the Nikkei flat and HK +0.2%: Australian…

Can’t see the Algos being busy in early Europe


It's a complete waste of time looking for trade opportunities on days like today so best to do a…

AUD edges higher on stocks, consumer data


Basically nothing going on so no point in looking for news.Come back when Europe opens!

Overview of positioning in the professional market


EUR shorts have only increased slightly in the past week but they still remain the dominant large…

EUR/USD: Session outlook, favour selling rallies to 1.2740


     The downtrend is still very much in control on the short-term charts so selling rallies back…

AUD/USD: Session outlook, favour selling rallies to 1.0480


     As you can see on the attached 4-hour chart, this pair is on a very slow up-trend which is…

Asian market open


You can click through here and read my opening comments on FX Street.

The day ahead in the FX market, Wednesday November 14th


NZD retail sales and Australian consumer confidence are the only releases of note on the economic…

GBP pops up on CPI data


The bids at 1.5850/60 proved very strong indeed and cable is back near 1.5900 after the latest CPI…

EUR/JPY: Real money accounts continue to sell in recent trade


They must have quite a bit to do! Edit: Talk that EUR/USD buying ahead of 1.2650 is barrier…

Flows and orders updated


USD/JPY remains heavy with unconfirmed talk of heavy real money selling ahead of a Treasury…