SP500: Important support ahead for the bulls

SP500 Daily The AB=CD (Purple) capped the SP500′s run higher but the bulls still remain in control of this market, the level to pay close attention to now is the 1:1 (Yellow) and …
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latest info from our FXWW Chatroom

MS heatmap picking up decent bids here in USD/CAD at 1.0967-68. DTCC also reporting some decent expiries for Friday: 1.0950 $1.3yrds, 1.0975 $415m, 1.10 $470m  Uk clearer demand i …
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AUD/USD – Huge 0.93 option expiry might keep things quiet

AUD/USD mostly consolidated around the 0.93 level during the Asia session. USD strength weighed on the Aussie, but cross flows were supportive with AUD/NZD rallying back above 1.10 …
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FX traders: ignore the S&P500 at your peril

Wed 6th Aug The USD rally has continued and it has broken out of a 10 month trading channel on the daily chart time frame. The index will need to print a weekly candle close above …
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NZD: Big support levels looming against USD and AUD

AUD/NZD resistance at 1.1050 has proven very strong in recent times. I’m sure the market will have a serious test of it again and see if there are stops above there. NZD/USD has …
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Is the forex market too big to be manipulated?

An interesting piece by Jamie Coleman for those who wonder… “What would you say about the FX market being too big for manipulation? I’ve heard this so many times, The bi …
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Upcoming data for Tuesday 5th

All times are EST (GMT-5:00)  
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Euro on hold ahead of ECB, Thursday

There is little to add today as the markets trade in tight ranges ahead of Thursdays ECB meeting, with only the US Non Mfg ISM, due later in NY, to provide any real chance of volat …
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Some talk from our FXWW Chatroom

Euro – Mkt talk of bids 1.3400-1.3380 from RM and interestingly reserve names layering bids below 1.3390.
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Option Expiries 05/08/14

Option Expiries for today’s NY cut (10:00 AM EST/15:00 BST). Most notable are 102.50 in USD/JPY (2.11B) and 1.3450 in EUR/USD (1.25B). AUD/USD: 0.9200 (550M), 0.9205 (299M), 0.92 …
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