Asian market open


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

AUD weakness gathers fresh momentum


EUR/AUD has broken out of its recent consolidation range and is now targeting 1.2950 (chart in…

GBP: Could surprise on the crosses; GBP/NZD for the mad contrarians


The market (myself included) had gotten very bearish on cable in particular and I have the feeling…

CHF: Doesn’t seem to want to fall!


The fall in Gold led me to expect another sell-off in the CHF but this hasn't eventuated. EUR/CHF…

AUD/USD: I don’t care, I’m staying bearish for now


Demand for commodities is easing and prices are falling. Precious metal prices also look to have…

EUR/USD: I’m struggling to find reasons not to be bearish


After the debacle with Cypriot bank accounts, I have even less confidence in the EZ to get things…

USD/JPY: In consolidating markets, prices should revert towards the mean


Possible double-top on the daily chart at 100.00, and this is the key topside level. Short-term…

Asian market open


Bit late today but I really needed to get away from the screens so here's the link to this…

I wish I knew what was going where!


I'm still sitting with a core long position in USD/CHF but I haven't been able to get into the…

EUR/USD: More stops reported below 1.3040


Dealers report that more EUR/USD longs have headed for the sidelines below 1.3065 and there are…

EUR/USD: Plenty of selling interest above 1.3120


I'm hearing names like the BIS being mentioned so it looks like the EUR/USD might be trying to form…

Very quiet ranges today in Asia


Chinese markets are closed until Thursday and Japan is open, albeit many players are taking this…

Asian market open


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

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…

Prefer to look for USD buying opportunities from current levels


USD/JPY should find some decent support in the low 97's I feel, cable should be toppy near 1.5580…

GBP: Feels as if the market is still quite short


Option barriers at 1.5500 are well and truly broken and the GBP has a definite bullish feel to it.…

Holidays in Japan and China ensure very quiet trading conditions


USD/JPY has edged a bit lower during the morning but there really is nothing going on. Dealers are…