September 21, 2012
EUR/USD outlook: Range trading favoured; crosses nearing support levels
EUR/GBP has very solid support at .7960/70 and buying dips towards there certainly makes sense…
September 21, 2012
AUD/USD intraday outlook: Range-trading likely between 1.0370/1.0470
Yesterday mornings highs just above 1.0470 are the first obvious resistance level and…
September 21, 2012
Asian market open
EUR/USDJPY crossesEUR crossesGBP crosses
You can read my full opening commentary on FX Street. Summary: EUR/USD range trade 1.2930/1.3000;…
September 20, 2012
EUR/GBP: Buying dips to .7965 looks like an excellent proposition
Technical AnalysisGBP crossesEUR crosses
The 50% retracement of .7810/.8110 comes in at .7960 which is close to where the previous spike…
September 20, 2012
EUR/USD technicals: Support at 1.2915
The EUR/USD has copped it from all sides today, firstly it was EUR/JPY selling and then some very…
September 20, 2012
EUR/JPY slicing through technical support levels
There is a 61.8% retracement level at 101.15 which has already been breached and previous highs…
September 20, 2012
EUR/USD: Investment banks report bids nearby
Solid bids reported at 1.2970. Edit: Buy ahead of the orders and book a quick 15 pip profit when…
September 20, 2012
AUD/USD: I’m looking to buy dips
We saw some decent buying this morning from real money funds at 1.0460 and now the pair is already…
September 20, 2012
AUD/JPY still getting smashed: Chinese warships on the move
A quick look at the daily chart shows that there has been a huge move lower in AUD/JPY today. The…
September 20, 2012
How to go poor trading FX, part I
Sell dips in Asia! Yes just occasionally the market starts a move in Asia but don't forget that the…
September 20, 2012
AUD/JPY techs: Looks bearish but key support looming
Technical AnalysisJPY crossesAUD,NZD
The 4-hr chart shows that this pair has broken below a pivotal level at 81.80 but there is more…
September 20, 2012
Members club: Trade update
Latest updates on flows and trades are in the members club now.
September 20, 2012
Risk trades getting hit as Chinese stocks fall
I'm now in sell rally mode on pairs like EUR/JPY, EUR/USD and AUD/USD as risk appetite wanes in…
September 20, 2012
Majors unchanged after HSBC China PMI
The September flash of China manufacturing PMI came in close to expectations at 47.8, up marginally…
September 20, 2012
EUR/JPY seriously testing support levels
A clean break below previous hourly lows at 102.09 would certainly have the short-term bears back…
September 20, 2012
Members club: AUD/USD flows updated
Real money funds have been actively buying this morning.
September 20, 2012
EUR/JPY still looks like key pair intraday
Nothing much going on at all this morning and the 102.20 level in EUR/JPY which we looked at…
September 20, 2012
Members club: Fresh EUR/USD trade idea
One of the hedge funds I speak with has just put on an intraday EUR/USD trade and you can find all…