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MOST RECENT ARTICLES

9 years ago |

EUR/CHF remains under pressure by Milan Cutkovic

EUR/CHF has hit a fresh multi-week low at 1.0274 today CHF continues to strengthen; not so much about risk aversion, but rather broad USD sales, including USD/CHF Pair likely to remain under pressure No clear signs of SNB intervention yet and the bank has lost a lot of credibility, so verbal intervention won’t do much […]

9 years ago |

Trading what’s In-front of You with Market Types: Advanced Techniques by Sam Eder

What does “trading what’s in-front of you” mean? It is the craft of first noticing what is going on, and then responding effectively to what’s happening. In the Forex markets, having an effective response requires a framework of understanding, otherwise we tend to flail about willy-nilly, or stand on the sidelines paralysed and afraid. The […]

9 years ago |

Cable: I’m sticking with the ‘base-building’ strategy by Sean Lee

I’m still strongly of the view that we are in a sideways trading range in cable, something like 1.44/1.50, and that this phase is likely to continue until after the UK general election. Buying any dips towards the lower end of this range is my preferred bias, as I think the USD bull-run is fast […]

9 years ago |

AUD/USD shorts getting squeezed after strong jobs data by Sean Lee

AUD/USD shorts, and there are plenty of these in the market, are getting squeezed again after stronger than expected jobs data for the Australian economy. The AUD has jumped across the board but its the USD longs which are feeling the most pain right now, after a 100 pip rally. The data was decent, with […]

9 years ago |

EURUSD: Euro firmer ahead of today’s ECB Meeting by FX Charts Daily

EUR/USD: 1.0653 The dollar is lower today after the IMF lowered its growth forecast for the US economy in its world economic outlook update. For 2015, US growth forecast was revised down to 3.1%, comparing to prior 3.6%, while for 2016, the US growth projection is predicted to be 3.1% (prev 3.3%). At the same time, […]

9 years ago |

US$ dips: levels to watch by Mary McNamara

The weaker than expected US Retail Sales data took the markets by surprise and the US$ has, not surprisingly, dipped. The lower US$ has resulted in capitulation-style moves with many FX pairs and US stocks have held their ground pretty well as earnings from JP Morgan and Wells Fargo didn’t disappoint. As well, the weaker US$ […]

9 years ago |

UBS: Sell AUD/CAD

We recommend selling AUD/CAD at 0.9520, with a target of 0.89 and a stop loss at 0.9870. This gives the trade reward-risk of nearly 2 to 1, which we think is appealing given the probability we attach to AUD/CAD falling to our target over a medium-term time horizon. The post UBS: Sell AUD/CAD appeared first […]

9 years ago |

Cable approaching 1.48 level by Milan Cutkovic

GBP/USD briefly traded at 1.48 earlier; has been rejected and is now back at 1.4788 While the UK elections are weighing on GBP sentiment overall, the weak US retail sales release today will make USD longs only more nervous Chances of a further squeeze higher are solid; buying a dip towards former resistance at 1.4720 […]


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