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).…

NZD/USD trade idea for the stout hearted


AUD/USD has run into solid technical resistance at 1.0360 (see members). AUD/NZD seems to have run…

GBP/AUD: Trading at significant technical level


The 100-day MA, previous major lows, and a 61.8% retracement all come in near the same level around…

EUR/JPY: Still operating in a wedge formation


I've posted the 2-hour chart in the members section. It's been forming a wedge pattern over the…

EUR/USD: Looking bit toppy on medium term charts


Looks like the break below 1.3000 has changed the medium-term outlook for EUR/USD and with an…

AUD/JPY: Increased short position in play


I sold this pair on Friday last at a 61.8% Fibo retracement level near 102.85 and we now have a…

Cable: Decent technical support at 1.5175


There is trend-line support and a 61.8% retracement (1.5030/1.5410) converging near 1.5175 which…

AUD/JPY: Still capped by Fibo resistance at 102.85


The 61.8% retracement of the 105.40/98.70 fall comes in at 102.85, which was the high on Friday…

AUD/JPY: Trying risky shorts ahead of technical resistance


The 61.8% retracement of the big fall from 105.40 to 98.70 comes in at 102.85. I've taken a risky…

EUR/JPY: Looking to play 127.50/129.00 with a bullish bias


The short term charts (see members) suggest that EUR/JPY is consolidating in a wedge pattern after…

AUD/JPY resistance levels at 102.10 and 102.85


The market is currently stalling at a 50% retracement level near 102.10 but there is a much…

AUD/USD: Minor technical resistance at 1.0400


The 38.2% retracement of 1.0580/1.0290 is at 1.0400. EUR/AUD continues to rally which should…

AUD/JPY: Trying quick intraday short at 101.25


This pair was trading below 99.00 earlier this morning and has enjoyed a massive intraday rally.…

EUR/JPY back below 130.00


Just looking at the charts and they suggest that the next level of support should be around 129.40…

AUD/JPY: Pulls back towards previous highs at 104.50


The combination of barrier protection in USD/JPY and poor Australian jobs data has seen AUD/JPY…

EUR/AUD: Strong technical support at 1.2350


I'm still running a long position in this pair and will exit if it starts trading consistently…

AUD/USD: Looks set to test daily highs at 1.0625


The AUD is being driven higher by AUD/JPY buying, which intensified overnight after the break above…

EUR/USD: Technical resistance holding 1.3115/35


The levels we looked at yesterday, a 38.2% retracement and the 100-day SMA, have provided a decent…