October 12, 2012
USD/JPY: More verbal intervention likely but stops building below 78.00
Just like last night, we can expect plenty of Yen-related comments to come out of G7 discussions…
October 12, 2012
MAS: 17 out of 21 analysts get it wrong, again.
Most of the market once again got today’s Monetary Authority of Singapore (MAS) decision badly…
October 12, 2012
AUD/USD: Sellers and stops
Still plenty of sell orders lined up at 1.0300 and above but there are also large stops above…
October 12, 2012
EUR/JPY: Obvious parameters at 100.50/101.80
A quick look at the 30-minute chart shows a 5-wave down-move which stalled at a double bottom.…
October 12, 2012
USD/JPY the obvious play today
Senior MOF official said there was no objection from G7 over Japan's concern with strong Yen Fed's…
October 11, 2012
EUR/USD: Susceptible to short-squeeze
Interesting that two investment banks put out this little note at pretty much the same time. They…
October 11, 2012
EUR/USD: I still like the downside first in Europe
I have no scientific reasoning for it, I just have a feeling that we will have a go at 1.2800…
October 11, 2012
Order boards and trades updated
EUR/USDFlows and OrdersAUD,NZD
Check the members section for updated information on AUD/NZD orders, a new EUR/USD trade, and…
October 11, 2012
Looks good for some two-way volatility in European trade
The AUD was quite interesting, rallying strongly despite a much greater than expected rise in the…
October 11, 2012
AUD/USD still looks strong but offers reported nearby
As we saw in yesterday's hedge fund positioning report, the professional market is short AUD and it…
October 11, 2012
EUR/USD getting very close to 200-day MA
The market always picks some level to focus on and in the case of the EUR/USD it's been the 200-day…
October 11, 2012
EUR/AUD technicals: Break below 1.2550 targets 1.2360
EUR/USDTechnical AnalysisAUD,NZD
Previous highs at 1.2550 have now been broken and the obvious target for this pair is the…
October 11, 2012
AUD/USD: Unemployment rate increased to 5.4% yet the AUD still rises
This market is short! Traders may be justifying the rise by looking at the data breakdown but if…
October 11, 2012
AUD/USD: What to expect after jobs data
We are currently trading at 1.0222 about 15 minutes prior to the much anticipated jobs data. My…
October 11, 2012
EUR/USD: Weak trailing stops triggered below 1.2850
EUR/USD is back below 1.2850 in the aftermath of the S&P downgrade of Spain. Dealers report…
October 11, 2012
AUD/USD: Mildly bearish sentiment in early trade
Local interbank dealers are mildly bearish this morning although no-one is expecting any big moves…