So why won’t the CHF re-align just like JPY and AUD


I'm afraid that I don't know the answer but I simply cannot understand why the CHF hasn't undergone…

What is the hedge fund market chatting about right now


USD/JPY: "The BOJ is divided over whether to authorise a measure to quell bond market volatility"-…

Cable looking bullish in early London trade


The proud old English pound is strutting her stuff in early European markets, up against most of…

AUD still in free-fall


AUD/USD looks set to test important weekly support at .9390. EUR/AUD and GBP/AUD are well above…

AUD/JPY: Technical support levels looming


The 38.2% retracement of the entire 3-wave up-move from 74.50 to 105.50 comes in at 93.60. 2…

EUR/AUD: Don’t expect any big retracements


Strong uptrends like we are currently witnessing in EUR/AUD seldom suffer sharp retracements and I…

Risk trades staying heavy in early Asian trade


Not much bounce in the AUD/USD since it broke below .9500 and further losses still look likely. I'm…

EUR/AUD: Testing highs from October 2011


The power of reversal formations is very evident in the AUD and NZD crosses as these reversals were…

AUD/USD: Talk of barrier protection at .9500


The overnight lows were around .9510 and we are testing those levels again at the moment. There was…

Asian market open


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

USD/JPY: Could be back at 90 in a few weeks time


This pair looks really really dangerous to me, just have a look at the weekly chart and its…

Cable: Buying dips preferred during Asian session


The break above 1.5375 technical resistance opens the way up for further gains in the GBP/USD. The…

JPY and GBP make strong gains against AUD and NZD


GBP/AUD is testing weekly resistance at 1.6180, EUR/AUD is eyeing our 1.38 target and AUD/JPY has…

AUD/JPY: Back above the Fibo after breaking 20 pips below


As always with these big levels, I find it safer to give them a little bit of error just in case…

Cable: Remember big level at 1.5375


Monday's highs are also the 61.8% retracement of 1.5605/1.5010 and if that levels can hold again…

AUD/USD: Taking a small long position at .9600


I think the AUD/USD is oversold and the same people who were bullish at 1.05 are selling at .96.…

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…

Focus stays on USD for now but Yen crosses look bit wobbly


Yesterday I heard that one big professional trader was booking profits from his long GBP/JPY trade…