November 12, 2012
Model funds selling risk early in European trade
GBP/JPY and EUR/JPY have come under early pressure from model funds this morning, who have also…
November 12, 2012
EUR/USD: Hit by early wave of Algo selling
Not quite sure what the signal was, or perhaps they are all just chatting with each other and…
November 12, 2012
EUR/USD: London open analysis
Courtesy of Chifbaw.com and you can find full details on their website. Recommendations:…
November 12, 2012
Quick overview of Asian markets
General sentiment improved again after very strong Chinese trade data over the weekend, where the…
November 12, 2012
Cable orders: Solid buying interest 1.5850/60
Technical AnalysisGBP crossesFlows and Orders
Macro fund and Sovereign bids reported near 1.5850/60: A quick look at the daily chart shows that…
November 12, 2012
USD/JPY: Looks like short-term 79.00/80.00 range trade
Technical AnalysisUSD/JPYFlows and Orders
This pair loves to range trade and the immediate downside pressure was eased last Thursday and…
November 12, 2012
AUD/USD technicals: Getting set for a big break-out move
I've been following the weekly wedge on this pair for the last few months and as we know in FX…
November 12, 2012
EU group and FinMin meetings to start the trading week
Don't these people have any respect for the beginning of the Karneval period? There will be lots of…
November 12, 2012
AUD/USD orders update
Light sell orders reported at 1.0450 although I hear unconfirmed reports of stops above 1.0440.…
November 12, 2012
AUD/JPY edges higher in light trade
Risk sentiment is improving slightly for all the reasons mentioned below. AUD/JPY is edging higher…
November 12, 2012
EUR bulls feeling slightly more confident
With the Greek vote now done and the prospect of Sovereign bids below 1.2700, not to mention higher…
November 12, 2012
Quick look at the order boards
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
USD/JPY: Barrier protection ahead of 79.00: EUR/USD: Sovereign buyers reported on Friday below…
November 12, 2012
The day ahead in the FX market, Monday November 12th
Flows and OrdersAUD,NZDOpen/WrapEUR/USDUSD/JPY
Economic calendar is fairly light during Asian trade; Japanese GDP and their tertiary industry…
November 11, 2012
AUD/USD: Outlook for the week ahead
I'm still short and overall bearish on this pair but with reserve managers still reportedly…
November 11, 2012
EUR/USD: Outlook for the week ahead
Technical AnalysisEUR crossesEUR/USD
The EUR crosses remain quite heavy overall, with EUR/JPY definitely turning bearish and…
November 11, 2012
USD/JPY: Outlook for the week ahead
Trade IdeasUSD/JPYTechnical Analysis
There's little doubt in my mind that the risk-reward ratio is heavily in favour of the bears…
November 9, 2012
German Economics Ministry: German growth to weaken further in winter
The EUR took another small hit on that headline but bids at 1.2725 haven't yet been tested. That's…
November 9, 2012
US 10-year yields on slide, trading at 2-month lows
This is putting added pressure on USD/JPY.