USD/JPY: Going to keep stopping everyone out


The market is very bullish USD/JPY but the market is also quite long USD/JPY! Risk averse sentiment…

AUD staying very weak across the board; look to crosses for intraday hints


AUD/NZD looks to have begun its next leg lower after breaking below 1.1735; next target 1.1500.…

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…

Cable longs looking bit healthier


Nice bounce in the cable brought on by EUR/GBP flows and strong PMI data. It should be toppy now…

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,…

AUD/USD: Looking oversold again and most recent selling is speculator driven


Compared to the rest of the globe, the fundamental picture in Australia is relatively sound. We've…

AUD/USD: Looks like RBA want to take advantage of current momentum


The RBA is one of the more savvy central banks, keeping a close eye and ear on market movements and…

AUD lower after Stevens comments


RBA Governor Stevens was reported on Bloomberg as saying that they were very close to lowering…

Cable outlook: Support holding, but barely


Neckline of double-bottom at 1.5150 was breached but only marginally so (see chart). Lack of any…

EUR/USD: Sovereign bids reported nearby


This level near 1.2970 is where the Sovereign bids have been reported in recent days. Selling…

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…

AUD/USD outlook: Wednesday July 3rd


Monday's lows at .9110 offer the first level of support with resistance now starting at the…

EUR/JPY: Tick. 131.30 next stop


There goes the first of the resistance levels, with EUR/JPY Fibo resistance at 130.45 getting taken…

Levels to watch in early European trade


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