My pick: Short dollar-Swissie, long dollar-yen, short Kiwi dollar-dollar
Expertise: Fundamental analysis with risk management
Average time frame of trades: 1 day to 1 week

We have finally seen a strong break against risk; and it has worked well for last week’s short sterling-dollar setup and euro-yen (below ¥105) as well. It is good to book the cable and cut euro-yen due to high EU-based risk. I will keep long dollar-yen from ¥76, should positioning support it (and we reach the level). I’m also partial to a dollar-Swiss franc reversal below SFr0.91 and retest of former support on New Zealand dollar-dollar at $0.7600 for bearish continuation.


My pick: Remain short Australian dollar-dollar
Expertise: Technical analysis
Average time frame of trades: 1 day to 1 week

We have been short this market from $1.0550 and $1.0300 over the past couple of weeks and have managed to build up some nice profits, which we have booked on some of our position at this point. The latest break and close back below parity further solidifies our core bearish outlook, and from here, we look for a retest of the critical October lows at $0.9385 over the coming weeks. Any rallies should now be well capped below $1.0250 and selling rallies towards this level is the preferred strategy.


My pick: Short euro-dollar
Expertise: Global macro
Average time frame of trades: 1 week to 6 months

As expected, the Eurozone debt crisis continues to spread. With the absence of aggressive involvement from the ECB to trim bond yields more of the same appears likely. Markets also price in a rate cut in December, bolstering the bearish bias. I re-entered short at $1.3526 on 9 November as prices completed a bearish head and shoulders chart formation, aiming for targets at $1.3141 and $1.2836. A stop-loss will be triggered on a daily close above $1.3882.