Asian market likely to stay very quiet


Risk trades have edged marginally higher this morning but there's nothing really going on in the FX…

EUR overview: Play 1.2755/1.2980 range


EUR/USD looks heavy to me and I expect to see a test of low 1.28s before Thursday. That said,…

AUD/USD: Offers nearby


Local interbank dealers say that there is some selling interest close-by near 1.0435 but overall…

Asian market open


You can read my opening comments on FX Street.

Cable: Look to cover partials near 1.6160/70


I remain bearish but will look to book partial profits near 1.6170ish, hoping to re-sell on 100 pip…

EUR/JPY: Breaking below 101 but don’t expect a major collapse


There is solid technical support 100.20/50 (https://www.tradingview.com/x/uH0Gf4bT/) and I'd expect…

Hoping for some volatility in Europe


Fairly quiet session in Asia with one-way traffic mainly, risk trades easing slowly lower. USD/JPY…

AUD/USD: Tokyo squeeze but still looking soft


AUD/USD touched 1.0400 before Tokyo went to lunch but then we got the usual squeeze higher in thin…

Cable: Looking to build shorts inside 1.6160/1.6270 s/t range


I'm short already after the renewed failure at 1.6300 and I'm looking to build a substantial short…

AUD/USD: Price action says “lower” to me


I went short on Friday night and I added to this position after the unconvincing price action above…

EUR/USD: Expect plenty of stop-loss orders below 1.2915; bear target 1.2755


Monday's can often be a bit volatile as order boards are cleaned out before the weekend ensuring…

“Short the screen” to start the week


I sold AUD/USD, cable and EUR/USD on Friday and although I was a bit nervous over the weekend that…

Monday September 24th Asian market open


You can read my opening comments on FX Street.

AUD/USD: Building fresh short position


I went short on Friday night and I will be looking to build a strong position over the coming…

Funds management updates: Big hedge funds getting stronger


The TraderTracker program, in collaboration with Drashta Capital, is currently funding three…

AUD/USD stalling near yesterday’s highs


This 1.0470 level was the high yesterday morning so we may see some weak stops going off above…

AUD/USD moves higher alongside equity markets


The Nikkei is +0.3%, the Kospi is +0.4% and the AUD/USD has gotten a lift and is now back at…

USD/JPY: Trading in a 5 pip range


Not much to get excited about there! I still like the idea of buying a dip towards technical…