Nikkei over 5% lower; looking for deep AUD/JPY dips intraday


Like I said yesterday, large macro hedge fund is exiting positions across multiple markets and this…

AUD/JPY getting smashed below 90.00


The classic risk-aversion trade AUD/JPY is in full flow and its down by 1.75% already today. This…

USD/JPY: Bulls should be patient and wait for 93.50


Bearish momentum is very strong at the moment but bulls shouldn't give up hope as they have the…

Asian market open


You can click through here and read my full opening comments on FX Street.

I can’t see any obvious trades at current levels


AUD/USD: Looking to play .9325/.9560 range and as we are near the middle, best left alone for……

USD/JPY still looking very heavy


I think the big factor at play here is the positional liquidation by one or more of the huge macro…

AUD: Should be busy today with plenty of conflicting forces at play


Risk aversion is quite heavy across all financial markets with big hedge funds dumping positions…

Risk and USD off: USD/JPY leading the way but USD/CHF now joining in


My cheap intraday USD/CHF trade got neutralised overnight and both it and USD/JPY continue to look…

EUR/AUD: Once the buy order dries up the retracement begins


I think we were all pretty sure that this was going to happen but as with all things in the FX…

AUD/USD: I really hope that wasn’t the bottom yesterday


I listened to people I shouldn't have yesterday when I wanted to buy below .9350. I really should…

USD/CHF: Looking to book profits on any intraday rallies and then re-buy on dips


I'm not expecting any massive moves higher in USD/CHF but the set-up on the 2-hr chart looks…

Big hedge fund bailing out of positions across all financial markets


Many thanks to our hedge fund insider for this latest tasty morsel of information. One of the…

Finally a very quiet Asian session; the EUR/AUD order might finally be done!


It was very quiet in Asia today and there was no sign of the local bank who's recently been buying…

Not seeing any obvious trades at moment except perhaps USD/CHF


USD/CHF: 2-hour chart showing a possible double bottom set-up, favouring longs with tight stop…

EUR/USD: Sovereign sellers reported towards 1.3350


Dealers report decent sized Sovereign and corporate selling interest near 1.3350.

Asian market open


You can click through here and read my full opening commentary on FX Street.

USD/JPY: Still looks to have the potential to cause a lot of pain


If markets are comfortable then you will seldom see massive volatility so obviously the USD/JPY…

GBP/CHF: Exiting at break-even; think timing is wrong


I think these are perfect markets for intraday swingers with 200 pips readily available on almost a…