AUD/USD: Important levels intact ahead of jobs data and Chinese CPI


The big downside level to watch is obviously 1.0115, the spike low from early March, and dealers…

NZD/USD: .8360 the level to watch


The NZD is such a small currency that it's vital to know exactly what is going on at all times…

USD/JPY: still some downside stops around


Watch for downside stops below 98.60 through 98.20.

EUR/USD: Tight ranges likely to remain


Dealers aren't very hopeful that we might suddenly see some movement in EUR/USD, and most seem to…

Stop-losses reported downside in Yen crosses


USD/JPY stops reported below 98.60 and at regular intervals through 98.20. NZD/JPY stops also…

AUD/USD: Still prefer to sell rallies towards 1.0250


Not much action in anything overnight and the market should stay very quiet until Chinese trade…

AUD/USD: Sell rallies back towards 1.0225/30


The rate cut has pushed the AUD/USD back below 1.0200 and I'd expect any rallies to be capped by…

AUD staying steady, Yen crosses easing slightly


USD/JPY is holding steady near 99.00 and the AUD/USD hasn't managed to test the important 1.0220…

AUD: Big hedge funds selling again in overnight trade


This in itself is no surprise because some of the big macro funds have been consistently selling…

EUR/USD: Sell orders capping near 1.3115


Those sell orders I mentioned earlier at 1.3115 have done the job so far and are capping for now.…

Cable: More likely to go down rather than up in short-term


Weak trailing stops are building just below the market and one of my contacts in HK, who's been…

EUR/USD orders updated


Bids reported near 1.3030 but stops also directly below 1.3020. Sovereign buyers, including China,…

Levels to watch in the FX market, Friday May 3rd


Remember that China and Japan are closed again today so it should be quiet in Asia.  AUD/USD bids…

USD/JPY: Barrier defence still in play at 97.00


The market's biggest player is reportedly defending a 97.00/104.00  double-no-touch option and…

I wish I knew what was going where!


I'm still sitting with a core long position in USD/CHF but I haven't been able to get into the…

EUR/USD: More stops reported below 1.3040


Dealers report that more EUR/USD longs have headed for the sidelines below 1.3065 and there are…

EUR/USD: Plenty of selling interest above 1.3120


I'm hearing names like the BIS being mentioned so it looks like the EUR/USD might be trying to form…

Levels to watch in the major pairs


USD/JPY: Obvious range edges at 96.00/100.00 and inside of that at 97.20/98.80 (chart in members).…