HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Runs higher on technical holds and breaks today The EURUSD just tested the 61.8% of the move down from the June 14th high at 1.1719 (the high reached 1.17196).  That retracement also stalled the rise back on June 26th (last week).  Profit takers?  It seems on the first look that is the case.  A break

The high today touched 0.7425 From the hourly chart, Friday’s high of 0.7416 appears to be the resistance level that is holding the pair back from extending its gains for now. The chart here is from Bloomberg and the close there is slightly different to what other charts may be showing. My broker has the

Trade jitters may make for a choppy end to the week S&P 500 futures is down almost 0.4% but has recovered a little from the lows today – which was seen after the report by Reuters here gathered momentum on major news wires. Things are starting to settle down in the currencies space as we

Markets: GBP leads, JPY lags S&P 500 up 29 points to 2734 WTI crude oil down $1.48 to $65.56 US 10-yaer yields up 4 bps to 2.90% Gold down $5 to $1294 Non-farm payrolls traders got a dose of something new on Friday as Trump hinted the numbers would be strong in a tweet, leading

FX option expiries to note for Friday 18 May 2018 Coming Up! Title text for next article At the 10am NY time cut today EUR/USD 1.1800 EUR 1.9bn 1.1900 866m USD/JPY GBP/USD NZD/USD Viewing Touch

FX option expiries to take note of for Thursday 17 May 2018 Coming Up! Title text for next article Close by and large amount expiries for the 10am NY time cut today AUD/USD AUD 581m amount at 0.7540 (AUD581m) USD/CAD EUR/GBP

AUD/USD levels as we head into a big data day Coming Up! Title text for next article Australian labour market report due at 0130GMT  Coming up at 0130GMT Levels coming through: Resistance: 0.7545 0.7520 then 30 (where we are now) Support: 0.7490/00 and down again through 75/80

FX option expiries to take note of for Wednesday 16 May 2018 Coming Up! Title text for next article These the close by and large amount expiries for the 10am NY time cut today AUD/USD 0.7475 AUD852m 0.7500 AUD1.4bn USD/JPY

USD/JPY trades near the highs for the day as US 10-year yields hold above 3% The story so far has been that of yields, and with 10-year yields staying above the 3% threshold it’s helping to keep the dollar bid so far in the session. USD/JPY is trading just above 109.90 currently, and looks set

Forex option expiries for Monday 14 May 2018 at the 10am NY cut Coming Up! Title text for next article These are the larger size and close by FX options expiring today EUR/USD USD/JPY 108.50 USD amount 1.3bn 108.65 1.1bn 109.25 395m 110.00 1.3bn AUD/USD USD/CAD NZD/USD

CFTC Commitments of Traders: Sterling longs bail, Swiss franc sold Coming Up! Title text for next article CFTC Commitments of Traders highlights for the week ending May 8, 2018: EUR long 121K vs 121K long last week. GBP long 9K vs 26K long last week. JPY short

Bitcoin sinks 5% South Korean prosecutors raided the offices of Upbit today, one of the world’s largest cryptocurrency exchanges. Bitcoin started the day at $9100 and has fallen to $8604 in successive waves of selling in a 5.4% decline. Until today, Bitcoin had been generally flat this week but broader digital assets had been under

CFTC Commitments of Traders highlights for the week ending May 1, 2018: EUR long 121K vs 131K long last week. GBP long 26K vs 37K long last week. JPY short 1K vs 1K long last week. CHF short 19K vs 10K short last week. CAD short 28K vs 25K long last week. AUD short 7k

The seasonal trade was really working at the start of the month At the start of April, I wrote about a few seasonal trends in the market to watch out for. The results were decidedly mixed. The US dollar was a monster in the month, especially in the latter half and that unwound some trades

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Trump says committed to remedying trade imbalances with Europe Coming Up! Title text for next article Comments from Trump Says Iran must not get a nuclear weapon Cites goods trade balance with Europe, notes autos Hopes US-North Korea meeting will be productive

Digital currency based at the 200 hour MA yesterday That reason was the holding of the 200 hour MA (green line in the chart above).  The buyers took it from about $8900 to a high today of $9369 and in the process, moved back above the 50 and 100 hour MAs (white and blue lines

Trend line and 100 day MA hold support The USDJPY bulls were hit after: The break to new highs failed A lower trend line was broken (at 109.12 now) The 100 hour MA (blue line at 109.056) was broken But the bulls/buyers are still standing after a lower trend line at 108.90 and the key

Forex options – nearby notable expiries for Thursday 26 April 2018 Coming Up! Title text for next article For the 10 am New York cut today EUR/USD 1.2200 euro 5.2bn 1.2255 717m 1.2300 740m AUD/USD GBP/USD 1.3750 GBP1.0bn 1.3930 368m EUR/GBP 0.8650 euro 400m 0.8700 530m

EUR/USD off the lows and back above 1.2200 as the dollar retraces some gains The pair bounces off near the lows posted yesterday and is now back up to hug the levels highlighted earlier here. Do note that later today there is also a significant option expiry at 1.2220 and a large one tomorrow at

Close significant forex option expiries for the NY cut Wednesday 25 April 2018 Coming Up! Title text for next article EUR/USD 1.2220 euro amount 977m 1.2290 596m USD/JPY 107.95 USD amount 565m 108.00 1.5bn 108.05 475m 108.20 410m 108.25 550m

Closest significant forex option expiries for the NY cut on Tuesday 24 April 2018 Coming Up! Title text for next article These the close by, larger amount expiries EUR/USD USD/JPY EUR/GBP Viewing

Closest significant option expires for the NY cut Monday 23 April 2018 Coming Up! Title text for next article Larger amount option expiry today EUR/USD 1.2335 euro amount 602m 1.2350 1.8bn 1.2385 584m USD/JPY GBP/USD 1.4075 GBP 539m 1.4145 207m

Forex option expiries for today, Friday 20 April 2018 Coming Up! Title text for next article Nearby large option expiries for tody at the 10am NY cut EUR/USD 1.2300 euro 527m 1.2305 925m 1.2420 642m USD/JPY 107.00 USD 389m 108.00 636m GBP/USD 1.4000 GBP 320m 1.4100 233m 1.4150 572m

Forex option expiries for today, Wednesday 18 April 2018 Coming Up! Title text for next article Nearby large option expiries for tody at the 10am NY cut EUR/USD 1.2300 EUR 524m 1.2340 579m 1.2400 524m USD/JPY 106.40 US$ 597m 107.00 523m 107.45 421m 108.00 355m GBP/USD

FX option expiries for Monday 16 April 2018 at the 10am NY cut Coming Up! Title text for next article These are the larger nearby option expiries for 1500 GMT cut today EUR/USD, EUR amounts USD/JPY, USD amounts: 107.40 550m 108.00 506m 108.50 600m) USD/CAD, USD amounts: NZD/USD,

CFTC Commitments of Traders highlights for the week ending April 10, 2018: EUR long 147K vs 134K long last week. Longs increased by 13K GBP long 43K vs 40K long last week. Longs increased by 3K. JPY long 3K vs 4K short last week. Longs increased by 7K. CHF short 11K vs 10K short last week.

FX option expiries for Thursday 12 April 2018 Coming Up! Title text for next article The large nearby options for expiry today at the 10am NY cut EUR/USD, euro amounts 1.2300 535m 1.2325 667m 1.2345 803m USD/JPY, USD amounts 106.00 1.2bn 106.50 400m 106.55 370m 107.00