AUD/NZD: Increasingly looks like base in place


Possible double bottom at 1.1200 (see chart); Prices have fallen already a long way in what is…

AUD/USD: Looking to play .9550/.9725 range over coming sessions


As mentioned below, barrier protection in AUD/JPY ahead of 95.00 is quite large; EUR/AUD bids near…

AUD crosses sitting right on resistance levels


AUD/USD technical target looming at .9720 (see chart); AUD/JPY has broken above recent highs at…

EUR/USD: Technical resistance at 1.3710


Barrier at 1.3700 was breached on Friday; Technical resistance at 1.3710 (see chart) is next to…

USD/JPY: 97.50 looming as next important support point


Falling US yields will add to the bearish pressure here; Reduced possibility of a tapering event…

USD/JPY: Both components looking like funding currencies


With tapering in the US looking less likely, the market has been ploughing back into 'risk-on'…

Cable: More gains look likely


This is still my preferred vehicle for trading the bearish USD view and until the short-term trend…

AUD/USD: Looking to trade .9550/.9715 in coming sessions


USD bears in complete control again; Risk trades got a boost as 'tapering' liklihood reduced; Real…

AUD/JPY slips as technical resistance holds and Chinese comments weigh


Comments from the Chinese commerce minister that their economy faces challenges due to slowing…

EUR/AUD: Backing off short-term resistance levels


Even though there is the possibility of a double-bottom on the hourly chart I am still in the…

USD/JPY: Looks to have topside scope to 99.50


The daily chart is still in a sideways pattern with scope for a move towards 99.50 (see chart);…

EUR/USD: Lack of momentum makes it very hard to trade


Clever traders have been playing the 1.3460/1.3560 range; Possible topping formation (see chart)…

AUD/JPY: Technical resistance at 94.40/70


Recent highs and the 200-DMA are looming nearby at 94.45/65 respectively (see chart). Temporary…

EUR/GBP: Don’t be in any hurry to book profits on shorts


Obviously I'm bearish and with a technical top in place near .8495 I don't see any reason to be…

No obvious trades as markets stay in doldrums


Nobody wants to trade ahead of tomorrow's deadline and I'm certainly not blaming them. EUR/GBP:…

EUR/GBP: Shorts preferred with stops above .8505


This pair is less likely to be affected by any debt-deal silliness so we can start paying attention…

Cable finding plenty of support near 1.5915


There have been plenty of minor moves on the crosses but the big USD pairs remain relatively…

AUD gets another small boost after RBA minutes


The latest RBA minutes suggest that the Australian central bank is still willing to cut rates but…