Speculators Maintain Sizable EUR Short Position
December 13, 2011 11:16 am by Russell GlaserThe most recent CFTC IMM data shows speculators reduced their EUR bearish bets though the market's short position remains close to levels last seen in the summer of 2010.
USD/SEK Breaking 2-Year Downtrend
November 25, 2011 8:45 am by Russell GlaserThe Swedish krona continues to weaken as the USD/SEK breaks higher above its 2-year downtrend.
FX Weekly Technical Analysis – USD/CHF May Rise Back to Long Term Trend Line
November 21, 2011 10:06 am by Russell GlaserThe USD continues to strengthen and shows little signs of slowing in this risk off environment.
EUR/USD Technical Update
November 10, 2011 8:05 am by Russell GlaserThe EUR is down 3.5% versus the USD since Tuesday’s high. This morning the EUR/USD briefly tested 1.35. The big round number is a key psychological level, but trying to pick a bottom in the latest EUR slide is like ...
USD/JPY Technical Update
November 9, 2011 7:29 am by Russell GlaserYesterday saw the first real volatility in the USD/JPY since the MOF intervened. This morning’s low coincides with a key technical level.
Weekly Technical FX Preview – Japanese Intervention Fails to Break USD/JPY Downtrend
October 31, 2011 9:18 am by Russell GlaserAnother round of FX intervention has lifted the USD/JPY 400 pips for a 5.29% gain.
Q3 US GDP Could Outperform but Data may be Overlooked
October 26, 2011 4:35 pm by Russell GlaserTypically US GDP is a high impact event in the foreign exchange market though tomorrow’s data may be overlooked given the tensions in Europe and the continued talk of QE3 by the Fed.
Gold Surges Following Bear Trap
October 25, 2011 4:36 pm by Russell GlaserThe price of spot gold has received a bit of a bump the last three trading days with the commodity rising 1.6% today. Tensions in Europe could be the usual suspect for today’s price increase though perhaps it is ...
EUR/CHF Fails at Long Term Trend Line
October 20, 2011 3:39 pm by Russell GlaserIt has been a while since I’ve touched on the EUR/CHF as the SNB has done a good job of holding the floor at 1.20. However, today the pair has tested and failed to break above its long term falling ...
EUR Flow Analysis Shows Indecision amongst Speculators
September 7, 2011 1:32 pm by Russell GlaserThe most recent CFTC Commitment of Traders report (COT) shows speculators are indecisive on the direction of the most heavily traded currency pair the EUR/USD. The lack of direction in the futures market could be significant in identifying the next ...
