Kyle’s technical analysis updated


Kyle's excellent technical analysis is again available in the members section, which is now in the…

EUR/AUD: Time for a big call; set to rise 20% in coming months


The FX market is all about positioning and in my opinion the market is structurally long of AUD…

Cable: Fresh longs in play


I'm starting very small with this pair but the strength in the crosses suggests that trading cable…

AUD/JPY: Still trading sideways in a wedge formation


Short-term support at 100.40/45 has been breached but this pair is still trading sideways in a…

GBP: Need to look at the crosses to appreciate where the strength is coming from


Just take a quick look at the long-term GBP/NZD chart and then the bottoming formation on there and…

AUD/USD, NZD/USD opening near important levels


Sovereign bids toward .9800 held the AUD/USD up overnight as heavy cross selling re-emerged, but…

NZD/USD testing important support near .8150


There are a string of daily lows near .8150 and a break below targets a major spike low at .8050.…

AUD/USD: Looking soft after .9850 break


If you're sitting on stale long positions then it might be best to bite the bullet and take the…

Cable still holding up best of the lot


This support level near 1.5200 in the cable is proving very tough to crack and despite the strong…

AUD/USD: BIS reportedly on the bid near .9830


That might provide a base for while but I think I will try and exit my purchases from yesterday at…

Welcome to the new blog home page


It looks like we are nearly ready to switch over from the old blog so if there are any major issues…

USD/CHF: Picking up an extra gear


Finally is all I have to say after being long for the last 2 months! Next resistance is weekly…

Cable traders: Set your dip-buying alarm clocks for 1.5310


5-wave rally from 1.4830 to 1.5600. 38.2% retracement of this is at 1.5310. Trend-line support…

NZD/USD takes out important support at .8350


Looks like Europe wants to buy the USD as well. NZD/USD broke below .8350 and triggered stops but…

Yen crosses staying steady


No fireworks today in Asia and it looks like we will have a quiet wind-down now until Europe gets…

USD/CHF makes marginal new highs above .9500


I'm long of this pair, and have been for a while now, and I'm hoping that we are about to witness a…

Yen selling picking up pace in early Tokyo


USD/JPY is edging towards 101.00 in early Tokyo trade and it doesn't look like the market is tired…

Asian market open


Apologies in advance for all the clichés but you can click through here and read my opening…