AUD/USD: Adding small longs near .9050


AUD/NZD might be forming a basing pattern (see chart). Recent lows in AUD/USD at .9035 have held…

GBP/JPY: On the move early, could see 148.50


Like I mentioned below, it's the sort of market to look for swing trade opportunities in pairs like…

AUD/USD outlook: Heavy adjustments on the crosses still driving force


AUD/NZD still looks heavy whilst below 1.1750. AUD/USD has been heavy below .9250 over the last…

USD/JPY outlook: Always whippy on NFP day


The fundamental picture for USD/JPY remains quite bullish and market sentiment is similarly so.…

AUD/NZD: Having a peek below 1.1725


No sign of any big sell-off just yet but all of the fun-and-games is in the crosses so best we keep…

EUR crosses getting hammered amid big flows in early European trade


EUR/JPY and EUR/GBP are leading the way today, following on from big EUR/AUD sales yesterday which…

Levels to watch for in early European trade


EUR/USD: Sovereign buyers have been expected below 1.2970, but no confirmation yet. USD/JPY: Next…

AUD/USD: Importers forced to sell on break below .9100


Whilst much of the selling has undoubtedly been speculator-driven, one of the local banks just…

AUD/NZD: Worth watching closely as next big AUD sell-off could be initiated from this cross


The AUD/USD is totally friendless at the moment and is trading at trend lows near .9080. The AUD is…

USD/JPY: Quiet consolidation a bullish sign


Asia has been quiet in USD/JPY over the last few sessions and we've seen the same again today,…

USD/JPY outlook: Break back above 100.00 has bulls in control again


Technical close back above 100.00 argues for a full retracement to 103.75. Mild risk-off sentiment…

Levels to watch in early European trade


USD/JPY: Technical resistance 99.90/100. EUR/JPY: Technical resistance 130.45. Cable: Technical…

AUD/USD: .9280 looming as vital psychological level


The RBA will stay on hold today and given the conflicting global factors (rising US rates but a…

Looks like it’s going to be a EUR/GBP dominated session


The one level I didn't mention below is of course the .8590/.8600 resistance in EUR/GBP and it…

Levels to watch in early European trade


USD/JPY: 61.8% retracement of 103.70/93.85 at 99.90. EUR/USD: Sovereign bids 1.2970/80. Cable:…

AUD/USD: No reaction to official Chinese PMI data


AUD/USD is trading near .9150 after the official Chinese manufacturing PMI data came in lower…

NZD: Demand for local bonds returns and Kiwi starting to look good on the crosses


AUD/NZD consolidating below 1.2000 and further losses towards 1.1500 expected. NZD/JPY and NZD/CHF…

EUR/USD: Supported by Sovereign bids and a weekly trend-line


Sentiment is bearish and positioning is headed that way with all of the major banks seeming to…