Hedge funds still selling AUD, but they get it very wrong sometimes too


Our good friend Milan over at Order Flow Trading is reporting that hedge funds are still selling…

AUD/USD: Running into very solid bids but no big bounce yet


The bears are smelling more bull-blood as they try to nullify a barrier option at .9150. There have…

AUD/USD set to test barrier protection as Chinese financial stocks crash


We had a few strong attempts at breaking above technical resistance in the AUD/USD at .9250 earlier…

NZD/CHF: Looks like a bullish technical set-up


Definitely not a pair that I pay a lot of attention to but my brief analysis below on the Yen…

JPY crosses still likely to provide most market leads


I'm presuming that we don't get any major economic or political statements out of the EZ, and if we…

Cable: Decent bids reported nearby, 1.5360/65


I'm hearing through the grapevine that there are some decent bids at 1.5360/65, which was roughly…

USD/JPY: Making new session highs, target 99.25/40


Now the bulls have regained short-term control of the USD/JPY market and any dips back towards…

AUD/USD easing lower after PM Gillard comments


Australian PM is being quoted on Twitter as saying that a drop in the AUD is a very good thing for…

USD/JPY: Trying to stuff-up as many traders as possible


I thought about using some different language, but perhaps not :) I haven't traded this pair for a…

EUR/NZD: Bearish trade idea


Thanks very much to Jack for pointing out the nice set-up here and this is a trade worth…

AUD/JPY: China credit crunch and US yields paint bullish picture


The traditional correlation between US yields and USD/JPY has broken down somewhat in recent…

AUD/JPY: First mover of the day, breaks short-term resistance


Short-term highs at 90.50 have been broken in AUD/JPY but I do not see this as an important level.…

EUR/USD: Market turning bearish again but we’ve read this book before!


The market loves to be bearish EUR/USD but recent history suggests that the bears will struggle to…

AUD/USD: Play .9150/.9250 in short-term


There is a barrier reported at .9150 which is likely to be heavily defended and there is last…

AUD/USD: Short-term support forming but resistance line also clear


The short-term levels to watch in the AUD/USD are pretty clear (see chart) with support now forming…

AUD/USD: .9250/60 should be important short-term pivot


This is the level where the big hedge funds were selling though Goldman Sachs yesterday afternoon.…

Modest rebound in AUD and risk sentiment during Asian trade


Macro funds were noted buyers of AUD/USD below .9200 earlier this morning. ACBs intervened heavily…

EUR/USD: Heavy sell orders above market


3 investment banks are reporting the same heavy sell orders between 1.3260/80. So either they are…