FX Indices Review for 28/07/14

USDX Monthly: Trend ranging. I’m still seeing a possible bearish ‘double top’ formation but the July candle is still printing a bullish engulfing candle. Monthly Ichimoku: Th …
0 Comments Read more →

Aussie stocks carve out a bullish weekly close.

Sat 26th July Amid all of the global uncertainty over the last few weeks Aussie stocks have managed to carve out a significant bullish weekly close. Three key Aussie stock indice …
0 Comments Read more →

The end to an interesting trading week

I say that with some amount of humour as the markets are range bound of late and clear directions are harder to find. The Kiwi has come down a long way and currently just on major …
0 Comments Read more →

Cable: Weekly close below 1.70 would certainly trouble the bulls; 1.6970/1.7020 daily parameters

Long GBP has been the trade of choice (along with long NZD) amongst professional traders over the last 6 months. The big macro players are still very long and I suspect that they m …
0 Comments Read more →

A Study In day trading, cooler heads prevail

An interesting read if you keep hitting your computer screen!
0 Comments Read more →

Some order info on the EUR/USD from the FXWW chat room

EURO-DOLLAR: MNI Fundamental levels (orders, options, technicals), *$1.3580 Offers on approach *$1.3572 T-line off May highs *$1.3550 Medium offers/$1.3549 Jul21 high *$1.3523-30 7 …
0 Comments Read more →

UK GDP in line with expectations

0.8 % MoM and 3.1 % YoY Cable little changed on this The post UK GDP in line with expectations appeared first on www.forextell.com.
0 Comments Read more →

Keep an eye on NZD/JPY as Kiwi remains weak

Kiwi long is probably still one of the more crowded positions in the FX space and one pair that we should pay attention to right now is NZD/JPY. It’s, along with AUD/JPY, the mos …
0 Comments Read more →

German IFO 108.0 vs 109.4 f/c

EUR/USD lower on this, approaching 1.3650 support The post German IFO 108.0 vs 109.4 f/c appeared first on www.forextell.com.
0 Comments Read more →

Weak stops below 136.000 in EURJPY

EURJPY Daily The 1:1 (Yellow) that offered solid support for the bulls back on the 04/02/14 is now under threat with a number of weak stops likely sitting under 136.000. A break be …
0 Comments Read more →