October 4, 2012
AUD/USD: Next support 1.0165
Safe to assume stops below there, with next below there at 1.0100. If AUD stops go off then NZD…
October 4, 2012
Australian retail sales data due shortly
Don't forget that there is economic data due shortly which might shift the market.
October 4, 2012
USD/JPY: Overnight comments raises possibility of further ‘measures’
The new Japanese FinMin was on the newswires overnight and he's obviously had some coaching from…
October 4, 2012
How about some GBP/NZD for breakfast? Big rally imminent!
A very experienced macro trader who likes to make some big plays has started to build a long…
October 4, 2012
AUD/JPY: Testing resistance at 80.35; selling rallies preferred
Technical AnalysisJPY crossesAUD,NZD
The hourly chart still looks bearish overall so selling rallies is my preferred tactic given recent…
October 3, 2012
NZD/USD: Watch out for large stops downside
I don't know for sure where these stops are sitting, but one of the bigger banks says that they are…
October 3, 2012
EUR/AUD showing no signs of getting tired
EUR/AUD has rallied 150 pips since I wrote this yesterday and is showing no signs just yet of any…
October 3, 2012
EUR/USD: Nice bounce out of early European lows
Very solid bids at 1.2870 are underpinning the EUR/USD and the pair pulled up at 1.2880 before…
October 3, 2012
Anybody got any really strong intraday views at current levels?
If so, I'd love to hear them. I can't help feeling that most pairs are not close to strong…
October 3, 2012
EUR/GBP: Should be a battle royale at .8020
One bank reports heavy sell orders at .8020 and the other reports heavy stops above .8020; should…
October 3, 2012
EUR/USD: Major bank analysts turning slightly more bearish in short-term
I've read reports from 3 of the major banks in the last few hours and the themes are consistent,…
October 3, 2012
China’s non-manufacturing PMI gives yet more fuel for risk-off trades
Coming hot on the heels of the bearish tone from the RBA yesterday, this latest Chinese data showed…
October 3, 2012
EUR/USD: Bids reported at 1.2870
First mention of any order interest so far today in the EUR, with one of the big Europeans…
October 3, 2012
AUD/USD: Should trade towards 0.9700 over next 5-7 weeks
A quick look at the daily chart shows that the AUD/USD, once it gets started in a certain…
October 3, 2012
AUD: Bearish momentum picking up
There is no sign of any bounce in the AUD at all and there is a smell of a 'big unwind' in the air.…
October 3, 2012
AUD falls again after poor trade data
Some more less-than-inspiring trade data out of Australia has seen the AUD drop again across the…
October 3, 2012
Cable: Buying big dips is favoured strategy
Recent reports from the interbank market and from prime brokers suggests that the bigger…