I can see 1.10 and back up to 1.14 but not 1.20 for a very long time. To get the U.S. equities market where it is today at around 18,000 it took 5 years of different quantitative easing programs and the U.S. dollar was the victim of it and that was ...

EURUSD

There is a lot not priced into the euro at this current level. This is just the beginning of a multi year reversal of the USD after a 12 year downtrend. The ECB' Draghi is getting very aggressive and is stepping on the gas pedal to increase QE ...

EURUSD

There is a lot not priced into the euro at this current level. This is just the beginning of a multi year reversal of the USD after a 12 year downtrend. The ECB' Draghi is getting very aggressive and is stepping on the gas pedal to increase QE ...

EURUSD

Well longer term traders are in control of the market. I'm just a retail guy and usually the last to know so it's good to attempt to anticipate and think in terms of whole 100 pip increments.

USD/JPY Discussion

Interesting. Looking at the DXY chart perhaps we see 97.50 again before lower? That may put USD/JPY at 128 and the euro at 1.09. Of course the hedge funds and banks will make the euro appear to be a buy at 1.11. Just like USD/JPY will be presented ...

USD/JPY Discussion

Hit 1.5440 Tp'd that one and got only 50 pips. Bad considering my original buy on GBP was at 1.5286. Wow 135! I hope so. Shorted EUR/USD today at 1.11 post NFP. Waiting for 1.0850. In the mean time there will be many flips and dips but 1.08 is ...

Cable Update (GBPUSD)

It happened, wow that was some blowout data there. Lost 80 pips and then went short EUR/USD and got most of it back. Now sticking to it to see 1.0850. It may do all kinds of acrobatics in the mean time but the fundamentals are pretty bearish.

USD/JPY Discussion

An incredibly strong number for jobs in the U.S. 280,000 with a consensus of around 225,000 expected. March revised higher. If there was any data weighted to raising rates now this was the decider. EUR/USD back to 1.08. There is simply no means to ...

EURUSD

SL hit on the UJ short and put in a quick sell on EUR/USD. If there was any data to give solid credence to raising rates this was it. I was totally wrong. EUR/USD with the QE now and with the Fed moving in the opposite direction the euro will surely ...

USD/JPY Discussion

In an extremely unusual fashion Christine Lagaarde the IMF head suggested that the US Federal Reserve not raise rates this year because of the overvalued dollar and a revised GDP lower for 2015 and 2016 projected in the US. Here is Dr. Mohammed El ...

USD/JPY Discussion

Yes, the perfect trap. Flush out the shorts and bait the dreamers to buy at the top waiting for 130.

USD/JPY Discussion

PMI looked pretty bad but if the market interpreted it to be so poor why the rebound afterward and the 1.53 level holding? Interesting. I think longs are worth considering. Saw USD/JPY close below 125 but GBP above 1.53. If Greece misses the payment ...

Cable Update (GBPUSD)

USD/JPY just hit 125 in Tokyo, here comes the revenge of the QUID.

Cable Update (GBPUSD)

Only Cable can take on the mighty USD. Looking for a long. I have taken a small long position at 1.5277

Cable Update (GBPUSD)

Took a short here at 1.4358. Hope I don't get stomped.

EUR/AUD

On 2nd thought all the reasoning in the world can't fight a central bank and the BOJ has bought the Nikkei on over 140 days when it was going to close in the red. UJ could go to 125.

USD/JPY Discussion

The Nikkei just like many many major indexes is just beyond an all time high. The US dollar is in overbought territory. We are a tad above the June 1, 2007 high now on the monthly chart. I wonder how many rate increases are already built into this ...

USD/JPY Discussion

According to this article 1.52 will be an intra-month reversal level. I'm thinking 1.52 back to 1.55 then 1.48. USD/JPY is looking looking toppy here so maybe we will see some dollar selling in June. U.S. equity markets can't advance any further if ...

Cable Update (GBPUSD)