EUR/USD outlook November 25th: More gains likely
Decent demand reported over the last few sessions and banks expect this to continue; End-of-month corporate demand and leveraged interest in EUR/AUD and EUR/JPY to the fore; Modest technical...
View ArticleMight be a good time to book some profits on EUR/AUD, GBP/NZD etc
Despite a big technical break yesterday, GBP/NZD failed to consolidate these gains and will close back near 2.0000; As mentioned below, EUR/USD is threatening to form a significant top near 1.3625...
View ArticleGBP and EUR having a short vacation
Very little movement in either overnight; I’ve reduced my long position in GBP/USD as the short-term signals feel slightly bearish to me; EUR/JPY rejected 140 pretty unequivocally and this cross could...
View ArticleEUR/USD: As always it’s a matter of finding the 200-pip range (1.3575/1.3775)
The EUR looks quite strong on the crosses with EUR/AUD consolidating gains and EUR/GBP rebounding sharply; The break above 1.3625 reinforces the medium-term bullish outlook for EUR/USD; Nevertheless,...
View ArticleEUR/CHF: Large barrier protection ahead of 1.2200
By the way, if you want more regular information on flows and orders then be sure to follow Milan on Twitter. Source link: http://www.fxww.com/eurchf-large-barrier-protection-ahead-of-1-2200/
View ArticleEUR makes gains across the board as progress made on bank-plan
Reuters reported that the EZ is making significant progress in coming up with a plan to tackle ailing banks; EUR/USD consolidated it’s steady gains of recent days and is still targeting trend highs at...
View ArticleEUR/GBP ready to make move towards .80 and below
Since breaking above 1.6250, cable has been unable to break back below (apart from one minor stop-loss binge); All data emanating from the UK economy has been very strong in recent months; The EUR...
View ArticleOut with the old, in with the new
The FX market has stayed quiet and overall turnover is very low. The last day of 2013 is unlikely to be a busy one. Cable is trading steadily above 1.65 and this is one trend which is unlikely to let...
View Article2014 predictions: EUR/USD- stay in range trading mode
The EUR is always just one headline away from a big sell-off; EUR/USD has been trading sideways over the last 5 years and this trend is likely to continue; The EUR is starting to look overbought on...
View ArticleEUR crosses: Still significant optionality at .8250 in EUR/GBP
This level in EUR/GBP is likely to be tested in coming sessions (PB); EUR/AUD- developing double-top pattern with neckline at 1.5290; EUR/USD flows- big banks and prime brokers still report...
View ArticleEUR/JPY; trade idea for the bears
If you are bearish EUR/JPY and anticipating a developing topping pattern; Sell as close to 142.80 as possible with a stop above 143.30; Cover near 141.00 and play the 141/143 consolidation as the...
View ArticleEUR/USD: Look for more slow range trading with focus on crosses
PB source suggests that there are strong bids near 1.3600 and heavy offers above 1.3690; EUR/USD has been trading sideways for years and range trading is it’s default mode until something major...
View ArticleEUR/USD: Short side favoured as crosses look bearish
EUR/AUD is back at longer term median levels near 1.55 (although the daily up-trend remains in place); EUR/GBP is headed back sub-.80 in coming months (imho of course); EUR/JPY as mentioned below,...
View ArticleQuiet start to interbank trading week
EUR crosses made more significant losses on Friday and I continue to play the EUR with a bearish bias; The break and close below 1.3550 in EUR/USD will turn short-term sentiment bearish imho; EUR/GBP...
View ArticleEUR testing important support levels
EUR/USD is testing trend-line and 61.8% support at 1.3510/15; a clean break would indicate increased momentum. EUR/JPY is testing support near 140.40, a clean break would suggest a topping formation...
View ArticleEUR/USD: Feels like 1.3500 could be critical for all EUR pairs
Solid technical support held yesterday at 1.3510/15 but the bounce has been fairly timid so far; EUR/JPY neckline support held near 140.40 but a break below will lead to heavy long-liquidation;...
View ArticleHard to find any clear signals at the moment but I remain bearish on EUR crosses
1.3500 in EUR/USD looks like it might be a key level, if that breaks then look for a sell-rally strategy in EUR pair of your choice; EUR/GBP is heading lower in a bear channel but will find profit...
View ArticleEUR/USD: Bearish set-up now neutralised
I was trying to build a short position in EUR/USD and judging by yesterday’s price action, I wasn’t alone. Thankfully I got out at break-even and I’m leaving this pair alone again; too hard. I’m still...
View ArticleEUR/AUD: Massively important levels looming 1.4980/1.5000
Plenty of traders have been eyeing the developing Head-and-Shoulders formation in this pair. A clean break below 1.4980 would suggest that a massive top is in place and that we are headed back to 1.30...
View ArticleEUR starting to look soft on the crosses; drop buy-dip strategy for EUR/USD
EUR/AUD has made a major technical break lower below 1.50 and selling rallies is heavily favoured; EUR/GBP has failed to hold technical support near .8325 and more short-term downside looks likely;...
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