October 5, 2012
USD/JPY: Retail market 90% long heading into BOJ
I only have data from 1 broker to back up that statement so if anyone else has access to data then…
October 5, 2012
USD/JPY: Trying to sneak higher but momentum lacking
The market looks like it's hoping for Deja Vu all over again :) Remember the last BOJ meeting when…
October 5, 2012
AUD/USD: Prefer to sell 1.0295/1.0325 but may not get the chance
I see no reason at the moment to move away from my bearish AUD stance and with big macro hedge…
October 5, 2012
NZD/USD: Still looking soft; sell rallies for move to .8000
There was a very cynical stop-loss drive overnight which took out stops below .8175 before…
October 5, 2012
EUR/USD: Mild bearish bias at current levels
As I mentioned earlier, there is Fibo resistance at 1.3030 in EUR/USD and at 102.25 in EUR/JPY and…
October 5, 2012
GBP/JPY trade update
I've been long since Monday and am currently 150 pips in the money. This pair is stalling near a…
October 4, 2012
EUR/USD still holding well heading into press conference
Mario Draghi is sure to get a grilling from financial journalists on the Spanish situation as well…
October 4, 2012
Deutsche recommends staying long EUR/USD in Q4 2012
Deutsche has been one of the big banks that have stayed almost uniformly bullish for the EUR/USD in…
October 4, 2012
The Gold Medal for the Technical Analysis Flip-flop goes to..
This guy who last week on Reuters was calling the AUD/USD to 1.1150 but now thinks it goes to…
October 4, 2012
Rumour has it…
Some of the bigger FX hedge funds have not had a great year and with only 3 months left, they are…
October 4, 2012
EUR risk events: Spanish bond auction and ECB decision
Spain will sell up to EUR 4bln of 2014, 2015 and 2017 bonds: No rate change expected from ECB:…
October 4, 2012
EUR/USD: Decent selling interest above 1.2950
EUR/USD just poked its nose above 1.2950 and interbank dealers report solid offers on the various…
October 4, 2012
Still looks like a sell-Asian-currency play
The AUD has bounced after posting fresh lows but still looks soft and the JPY is also out of…
October 4, 2012
AUD/USD: Still no sign of any bounce
The Aussie posted new lows after this morning's lower-than-expected retail sales (+0.2% MoM Vs…
October 4, 2012
GBP/JPY: Slightly overbought at present time
I've been long this pair since last week and I see scope for much bigger gains in coming weeks.…
October 4, 2012
EUR/JPY: Short-term parameters now at 101.10/102.10
The bulls look to be re-taking control with the move out of Asian currencies seemingly swamping any…