October 17, 2012
AUD/JPY: Time to book some profits
I find it very hard to trust any moves which happen in early Asian twilight markets so I've booked…
October 17, 2012
AUD/USD: Approaches very important levels near 1.0320
There's always one level which seems to take on extra importance and in the AUD/USD at present that…
October 17, 2012
EUR/USD: More stops triggered above 1.3100
EUR/USDFlows and OrdersGBP crosses
Looks indeed like it was a barrier at 1.3100 and stops have been triggered (including mine) taking…
October 17, 2012
EUR/AUD: Up-trend intact but stochastic indicators suggest it’s overbought
AUD,NZDTechnical AnalysisEUR crosses
The up-trend on the 4-hour chart is clearly intact and a re-test of recent highs at 1.2825 is…
October 17, 2012
EUR/GBP technicals: Breaks down-trend line and daily highs
EUR crossesTechnical AnalysisGBP crosses
The down-trend line on the weekly chart has been severed and a daily high at .8115 has also…
October 17, 2012
EUR/USD: Heavy offers on interbank platforms ahead of 1.3100
The high so far has been 1.3099 and the market is thus far unable to work though some sizeable…
October 17, 2012
AUD/USD takes lead from EUR/USD, back above 1.0300
I'm not sure if 'negative outlook' for Spain is a good reason for euphoric risk-on trading but…
October 17, 2012
EUR/USD: Stops triggered in thin ‘twilight’ trade
We've seen this many times before as interbank dealers and Algos take advantage of thin trading…
October 17, 2012
Asian market open
You can click through here and read my opening comments on FX Street.
October 17, 2012
EUR/USD: Fresh shorts in play
EUR/USDGBP crossesTrade IdeasAUD,NZD
My sell order at 1.3050 was triggered overnight and I'm starting out with only a moderately sized…
October 16, 2012
EUR/JPY: Resistance looming near 102.80
Lots of positive developments for the EUR today, with the Spanish bailout request moving into view,…
October 16, 2012
EUR/USD: Still in range-trading mode so look to sell rallies
The Spanish bail-out news is undoubtedly giving the EUR some bullish impetus and short positions…
October 16, 2012
USD/SGD: ‘Agents’ bought around $400million today
Looks like the MAS will continue to defend the 1.2200 level, with local agents reportedly buying…
October 16, 2012
Asian market overview (quick)
Nothing surprising in RBA minutes but some doubt now surfacing whether they cut in November or…
October 16, 2012
USD/JPY orders updated
Solid sell orders at 79.00 and again at 79.10: Stop-loss buy orders start above 79.25/30: You can…
October 16, 2012
AUD/JPY: Next resistance hourly highs at 81.20/25
This pair still looks quite strong but Europe may take a different view, so I will lighten my long…
October 16, 2012
AUD hanging onto gains, quiet elsewhere
AUD/NZD has given back some of its earlier gains after the break above 1.2575 but AUD/JPY is…
October 16, 2012
AUD/NZD: Break above technical resistance should lead to AUD/USD demand
The break above important technical resistance (hourly highs, 61.8% retracement) opens the way…