USD looking weakest of the majors


The rampaging pound made fresh new highs last night against the greenback and the USD continues to…

NZD/JPY: “Good” names noted selling in last few hours


Our hedge fund insider in the FXWW chat-room is reporting that the elusive good names have turned…

AUD: Busy week ahead, stay in range trading mode in short-term


AUD/USD is trading at .9415 this morning ahead of a busy week of data. The Chinese PMI and the RBA…

AUD/NZD threatening to break below important psychological levels


Many people have been trying to pick a bottom in AUD/NZD but the failure to break above 1.1000 will…

AUD: Look for turnover to start increasing as we near end of financial year


Option players have been dominating the AUD/USD market for the last few weeks but we should see…

AUD/USD: Still struggling to clear .9425/50 resistance area


The well-chronicled option-related selling around .9450 continues to cap the AUD/USD and the…

AUD/USD: Testing strong resistance levels again after China PMI data


The HSBC flash version of Chinese manufacturing PMI showed it's first expansion (reading came in at…

Levels to watch today in the AUD and NZD


AUD/USD: Option-related selling is still reported to be heavy between .9430/40 but watch for stops…

AUD/NZD: Technical and psychological support levels looming


The market (myself included) has been trying to pick a top in the NZD, especially against the AUD…

EUR/AUD: Contrarian trade idea


I guess if the EUR/USD is susceptible to a short-squeeze and the AUD/USD is capped by option…

AUD/USD: Still struggling to break above .9425/50


Option players have this market pretty much tied in, as we've been saying for weeks now, and it…

NZD/USD: Technical resistance near .8700 holding for now


Short-term players will start to get interested if this technical resistance level just below .8700…

NZD/USD: Reaction to RBNZ starting to look overdone


Most of the weak NZD shorts will have been culled by now in what has been an extreme market…

AUD/NZD: Big move lower continues, already 125 pips lower on day


We were trading at 1.0970 before the RBNZ announcement and now we are trading near the 50-dma at…

AUD/NZD: Short-term levels to watch at 1.0870/1.0930


There should be some decent trading opportunities in the cross throughout the morning. The market…

NZD: Hard to be bearish when they are the only central bank hiking rates


It's pretty difficult to find any good store of value in the current FX market so when one central…

AUD/USD: Option players still dominating ranges


I'm sticking with my strong buy-dip bias in the AUD/USD and I expect the AUD to continue to make…

AUD/USD: One range breaks, another takes over


The crosses were very busy again overnight and despite the fact that it was ECB and BOE events,…