July 8th, 2010 21:56:55 GMT.

Levels to watch for during the Asian session


EUR/USD: Trend line resistance comes in around 1.2725 (depending on how accurate you can draw your lines) Cable: There have been 4 tops now between 1.5220/40; heavy stops seen above 1.5260 AUD/USD: Strong technical resistance .8860/80 AUD/JPY: Technical resistance 77.85 … Continue reading


July 6th, 2010 22:09:58 GMT.

Cable struggling to follow other leads


The cable has not looked comfortable above 1.5200 and has been unable to establish a foothold above there despite the leads from EUR/USD and AUD/USD. This has meant further rallies in the EUR/GBP but we are again approaching the key … Continue reading


July 1st, 2010 08:09:07 GMT.

EUR/GBP ticks higher; sell orders noted


EUR/GBP up at .8220 from early .8170.  Talk of sell orders now at .8225/30 and more at .8250.  Will be interesting to see whether they cap this latest rally. Touch and go.


July 1st, 2010 06:55:27 GMT.

Cable easier in early European trade


Cable down at 1.4905 from early 1.4935, having been as low as 1.4889. Talk of sell stops through 1.4885. EUR/GBP touch firmer at .8190 from early .8170. Here talk of sell stops though .8160.


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