by K-man | March 23rd, 2018, 10:43:12 | Technical Analysis
For the ones liking to catch a falling knife If there’s any corrective activity to be had in the risk off slump, it should be from this level imo. 23.6% fib of the Feb/March decline and a trend line support from early March . Below there sellers take firm...
by Horatio Dubsly | March 23rd, 2018, 05:51:57 | News, Technical Analysis
It’s always difficult and challenging to try and make sense of charts from a longer term perspective I noticed late yesterday that GBPJPY was on the way to making an outside day ( bearish engulfing Candle ) on the daily chart. I was hesitant to open a...
by Ryan Littlestone | January 26th, 2018, 14:30:56 | News
Yen pairs feeling the heat Quick drops in yen pairs and crosses. Nothing to do with Kuroda who hasn’t said anything off the beaten path. USDJPY down to 108.89, from 109.55. EURJPY drops to 135.29 frpm 136.00. No news that I’m seeing...
by Ryan Littlestone | January 16th, 2018, 17:04:11 | Research
Morgan Stanley are stopped out of a long USDCAD trade USDCAD has just dipped under 1.2400 by 3 pips and that’s probably enough to stop out a long USDCAD trade that Morgan Stanley took at the New York close last week. In at around 1.2520/25 on the 11th, they has...
by Ryan Littlestone | January 8th, 2018, 16:02:12 | News
Some fix action sees the pound in demand GBP is being bought around the FX world into the London fix. GBPUSD is up to 1.3581 from 1.3560, GBPJPY gains around 25 pips to 153.43. EURGBP softer by 15 pips from 0.8830. As this is the first full trading week of the New...