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EmeraldEyes replied Jan 7, 2014NZDUSD – Topside buy stops remain above 0.8310. Bids below price from 0.8265-0.8250 with sell stops starting at 0.8250
NZD/USD
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EmeraldEyes replied Jan 7, 2014If anyone is planning on longing this before Thursday's ECB press conference: EURJPY – Small stops above 142.60 through 142.80
EUR/JPY
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EmeraldEyes replied Jan 7, 2014This pair is riding on fundamentals, could remain well-bid up til NFP this Friday. Today's Ivey PMI was seasonally adjusted up so its possible to contract even worse than the 50> indicated. Canadian Trade Balance widened much more than expected as ...
USD/CAD
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EmeraldEyes replied Jan 7, 2014Not many opportunities for such small drawdown. Here's this bit of order flow:USDCAD – Stops above 1.0730 with offers just below at 1.0720 plus the 1.0740 ones that i posted above those previous highs. Here it is on the 1min chart:
USD/CAD
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EmeraldEyes replied Jan 7, 2014Other traders did. Upon a big CAD miss Ivey PMI miss (46.3 actual vs 55.0 forecasted), would-be sellers pulled their orders so price can really cut through stop levels. This is good bc if you trade with the market sentiment and reported stop levels ...
USD/CAD
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EmeraldEyes replied Jan 7, 2014Uppercut instead of a low jab. Niiiccee. USDCAD – Blows through reported stops above 1.0730 & 1.0740
USD/CAD
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EmeraldEyes replied Jan 7, 2014EURUSD – Asian sovereign bids at 1.3580 with large stops below
EURUSD
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EmeraldEyes replied Jan 6, 2014We need to see some major Yen weakness and their Asian equity markets get bought up. Fundamentals support a higher Usd/Jpy.
USD/JPY Discussion
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EmeraldEyes replied Jan 6, 2014Euro Bulls are going away.. to the USD side. This EurUsd info is still valid, looking for short entries if E/U can drift up to 1.3650 before London open.. EURUSD – Selling interest seen at 1.3650 with stops clustered above 1.3675
EURUSD
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EmeraldEyes replied Jan 6, 2014AUDJPY – Down despite a good Aud Trade balance release. Solid level of bids at 93.00 should give the pair some needed support.
AUD/JPY
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EmeraldEyes replied Jan 6, 2014May have to register (all free, no junk mail) to view, but these PDFs from BNZ & Commonwealth are awesome sources of info from bank's econ research teams. I couldn't find the PDFs on FF's news and don't feel like subscribing to both BNZ & CAN so ...
AUD/USD
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EmeraldEyes replied Jan 6, 2014The Nikkei 225 Index is down –0.50% mid-day in Asian trading while Usd/Jpy is up 25 pips and rising, approaching 104.50 from the underside.
USD/JPY Discussion
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EmeraldEyes replied Jan 6, 2014EURJPY – Volatile to start this week, solid bids now coming in at and under 142.0 to support the pair pending no negative Euro catalysts.
EUR/JPY
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EmeraldEyes replied Jan 6, 2014Hey Gary, I know Reuters released a +118M figure for a few mins, then it was corrected to -118M (still better figure than -300M) It was a decent release, 30+days after Nov ended but the market must be looking at a different catalyst for bulls to get ...
AUD/USD
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EmeraldEyes replied Jan 6, 2014Australian Trade balance for the month of November in better than expected at -118M vs –300M forecasted.
AUD/USD
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EmeraldEyes replied Jan 6, 2014Got some consolidated sell stop levels building up on this pair. Buy stops above 1.0730 and sell stops starting around 1.0600 if anyone is planning on riding the stops toward their TP or hunting them to fade.
USD/CAD