Tag Archives: foreign exchange

EUR:AUD Trough Lolly – Still Short

On Wednesday I looked at shorting EUR against AUD ahead of the ECB’s liquidity injection (LTRO). The reversal pattern is now complete, and indications are in favour of a test of 1.2134, the all time low for EUR:AUD. In fact, … Continue reading

Posted in Forex, Market, Trading | Tagged , , , , , | Leave a comment

Breaking USD/JPY

Fundamentals and technicals are pointing to a buy trade in USD/JPY. Yesterday, in a surprise move, the Bank of Japan announced a further easing of monetary conditions through an expansion of its bond purchasing program. Previous commitments of 55 trillion yen increased … Continue reading

Posted in Forex, Market, Trading | Tagged , , , , , , , , | 1 Comment

Sell EUR/AUD on the 30 min chart

Fundamentally, I want to be short EUR. While there are positive risks coming out of the European leaders summit this weekend, the more than two year history of disappointing

Posted in Forex, Market, Trading | Tagged , , , , , , | Leave a comment

FX Comment from London

  Please find below today’s FX comment from Michael Hewson, market analyst at CMC Markets London:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , , , , | Leave a comment

FX Market Comment from London

Below is today’s FX comment from Michael Hewson, market analyst at CMC Markets London:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , , , , | Leave a comment

Trading Snapshot and Potential Trades June 8

Good morning. Below are today’s snap and potential trades:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , | Leave a comment

Trading Snapshot and Potential Trades June 7

Good morning, below are today’s trading snapshot and potential trades:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , | Leave a comment

Trading Snapshot and Potential Trades June 6

Good morning. Below are today’s snapshot and potential trades:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , | Leave a comment

Trading Snapshot and Potential Trades June 3

Good morning. Below are the overnight trading report and potential trades for today:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , | Leave a comment

Trading Snapshot and Potential Trades June 2

Good morning. Below are today’s summary and potential trades.

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , | Leave a comment