September 27, 2012
AUD/USD technicals: Bearish channel suggests a top near 1.0430
This descending channel on the 2-hour chart has been pretty accurate recently and if it holds I…
September 27, 2012
EUR/USD: Looks like a 1.2870/1.2910 range for early Europe
There will be the usual cut n thrust in early European trade when dealers seek out the weak side…
September 27, 2012
GBP/USD: Interesting buyers noted but 1.75 by Christmas?
One of the big Prime Brokers is extremely bullish on GBP. They have been seeing some very large…
September 27, 2012
EUR/JPY: Going nowhere fast
I was quite bullish this morning, and in fact I still think that the long trade is the correct…
September 27, 2012
AUD still grinding higher
Most of this region's institutional buying has been done now although there is likely to be another…
September 27, 2012
AUD well bid on back of asset manager demand
Well I did warn you! Forget everything else today, it's all about end-of-quarter flows which are…
September 27, 2012
JPY demand expected at Tokyo fix
It's all about end-of-quarter currency demand today and dealers are expecting some decent demand…
September 27, 2012
Very quiet start in Asia
No flows of note so far this morning in the twilight zone, with all of the major pairings trading…
September 27, 2012
Risk-reward trade-of-the-day: Buy EUR/JPY
Definitely risky given the risk-events looming in Europe but I think the market may have gotten…
September 27, 2012
Time to play some good defence
There were some excellent opportunities last Friday to enter the market and I feel that the 'easy'…
September 26, 2012
AUD/USD: Time to book some profit me-thinks
I'm still very bearish but I got in at very good levels last Friday so it makes sense to take some…
September 26, 2012
EUR/JPY: Next key support at 99.50
Seems like we've been talking about key support levels for weeks now and they keep getting broken.…
September 26, 2012
Asset rebalancing likely to be AUD and GBP positive
AUD,NZDGBP crossesEUR/USDJPY crosses
Its nearing the end of the financial quarter so we can expect turnover at the London Fix to be much…
September 26, 2012
AUD/USD: Heavy stops rumoured below the market
European bank is saying that macro funds have heavy stop-loss sell orders below 1.0330.
September 26, 2012
Members information updated
Flow information updated. Both my interbank and hedge fund sources of short-term trades are away…
September 26, 2012
EUR/USD: Next technical support levels
1.2835 is the 50% retracement of 1.2500/1.3170: 1.2815 is a previous hi/lo pivot point + 38.2%…
September 26, 2012
Cable: Taking some more P off the table
I've booked some more profit on my cable shorts at 1.6173 as I feel that support near 1.6160 should…