Cable approaching important 50 fibo level by Reece Marini

GBPUSD Daily Cable has overbalanced all previous corrections in this move higher from 10/07/13 this indicated that there would be a possible change in trend and we have seen this s …
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Session Data for Tue Sept 09 (GMT-5:00 ET)

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Loonie: 2,500 pip breakout looming?

The Loonie is edging closer towards the apex of a monthly chart triangle pattern and looks to be setting up for an eventual breakout. Technical chart theory suggests this breakout …
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USD/CAD: Consolidation phase soon to end

With all of the movement elsewhere, I find it hard to imagine that USD/CAD will continue to trade sideways for any significant length of time. I’m still firmly of the opinion tha …
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AUD Flows Update

From Citibank: In the opinion of our trading team, today’s bias seems less about AUD and more about the broader USD. We’ve seen average turnover in AUDUSD on our global platfor …
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USD/JPY – Abe advisor says more easing may be needed

ABE ADVISER HONDA: HIGH LIKELIHOOD BOJ WILL EVENTUALLY HAVE TO EASE MORE ABE ADVISER HONDA: NO PROBLEM FOR JAPAN ECON IF YEN WEAKENS BIT MORE USD/JPY has gained on those headlines, …
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Morgan Stanley Daily FX Recommendations

MS – FX Strategy Daily Trading Recommendations Currency: Pos: Entry: Target: Stop: EURUSD Sell 1.3040 1.2500 1.3140 USDJPY Buy 104.40 107.00 103.80 GBPUSD Sell 1.6360 1.5860 1.64 …
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AUD/USD – Carry demand to keep Aussie bid

Despite the rise in vols, the carry trades remain in demand AUD/JPY is trading at 15-month highs and could test the 100.00 level soon AUD/NZD uptrend has also gained on momentum an …
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EUR/GBP – Consolidating around 0.80, stops may attract

EUR/GBP opened at 0.7990, up from a Friday close of 0.7938 Traded in a 0.7975-0.8017 range so far Decent resistance at 0.8035 (August high), but large stops resting above that leve …
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Option Expiries for today’s NY cut (10:00 NY, 15:00 London)

AUD/USD: 0.9355 (184M). NZD/USD: 0.8350 (168M), 0.8375 (472M) USD/CAD: 1.0870 (400M), 1.0900-10 (203M), 1.0950-55 (630M) EUR/USD: 1.2940 (100M), 1.3000 (164M), 1.3100 (1.02BLN) EUR …
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