AUD/USD: Wait and see if local sellers turn up again


The AUD selling during Asia has emerged every day for about the last 8 trading days and contrarians…

USD/JPY weakness affects all other major pairs


I think they are called 'no-brainer' trades for a good reason and yesterday morning's open near the…

Technical analysts and strategist programs


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USD/JPY: Be patient and wait for big rallies


I could've been a bit greedier on EUR/JPY but nobody ever went broke booking profits so best go and…

EUR/JPY: Look to book intraday profits near 129.00


I'm guessing that there will be stops below 97.50 in USD/JPY and if they go off then EUR/JPY will…

EUR/AUD: How to butcher a big order in the FX market


One week ago EUR/AUD was trading quietly on the 1.33 handle. Now its touching 1.42. What happened…

AUD/USD: Support breaks and .9250 next stop


Turnover is still very heavy and support levels at .9390 has been breached. I'm still prepared to…

USD/JPY: 97.50/75 looking like key support level


USD/JPY has stalled at important technical resistance at 99.00 and the bears will be optimistic…

EUR/USD: Better trades elsewhere but is getting bit overbought


The EUR/USD is probably the least interesting of all the major pairs, chopping around as cross…

EUR/JPY shorts looking a bit healthier now


Resistance near 131.00 has now been confirmed despite the marginal break this morning and selling…

USD/JPY falls heavily on BOJ announcement


Nasty fall to 98.00 after the BOJ announcement which shows that the market was caught a bit long.…

AUD/USD: Another marginal break but support holding for now


Same old story here in Asia with heavy selling of the AUD probably still related to the big EUR/AUD…

AUD/JPY: Touching Fibo support at 95.50


The 38.2% retracement of the big upleg from 79.50 to 105.50 comes in right on current levels at…

USD/TRY edging higher in thin trade


The riots and disturbances in Turkey are naturally unnerving the market and USD/TRY is about 80…

USD/JPY expected to gravitate towards 100.00


There are some large option expiries at 10am NY cut and this will be followed 1 hour later by the…

EUR/USD: Sovereign sellers slowing progress


As usual the market looks bullish on it's session highs! Sovereign sellers near 1.3000 are slowing…

Focus will now turn to EUR/USD and Cable


The market has broken AUD/USD support and the lack of any strong bounce is a sign of the markets…

Early Asian FX market staying very quiet indeed


Nobody is showing any interest according to local banks and when much of the focus is on USD/CAD,…