AUD/JPY: Favour buying dips towards strong technical support levels


Neckline of double bottom comes in around 90.00 (see chart); 61.8% retracement of rally from 86.50…

RBA meeting minutes


http://www.rba.gov.au/monetary-policy/rba-board-minutes/2013/03122013.html AUD market smells a bit…

AUD/USD: Corporate demand returns but still feels heavy (play .8825/.9125 range)


Speculators are heading for the sidelines ahead of the FOMC which will be a big risk event for…

AUD/USD still looking very heavy, more losses in store


Markets are getting increasingly thinner in the lead up to Christmas and some big players like…

AUD/NZD under pressure after RBNZ statement


Looks to me as if the market was in base-picking mode for last few days and now we are seeing their…

AUD: Real-money and reserve managers continue to sell


It will be difficult for the AUD to rally whilst bigger players are selling into increasingly…

Aussie float party reminder


Just a reminder to all you dinosaurs out there who were in the interbank market 30 years ago when…

AUD intraday outlook, Tuesday December 10th


AUD remains heavy on the crosses but bearish momentum in AUD/USD has stalled for now; EUR/AUD,…

AUD: Still soft on the crosses to start the week


AUD/NZD is starting to spend a bit more time below 1.10 suggesting that more losses are possible;…

AUD: Sentiment still bearish but expect some choppy consolidation


AUD/NZD support at 1.1000 continues to hold. One trader whose opinion I value highly thinks that…

Early European traders chasing stops in USD/JPY and EUR/USD


Stops tripped above 1.3625 in EUR/USD with more reported above 1.3640; Stops tripped below 101.90…

AUD/USD: Trade data today and sentiment remains bearish


AUD/NZD traded to lows at 1.1002 last night as barrier protection held the first attempt; AUD/JPY…

AUD/USD now over 100 pips lower on the day


We saw highs near .9150 in very early trade this morning and the pair is still looking heavy, 115…

AUD/JPY still driving lower, next support near 92.20


Option barriers at .9050 in AUD/USD have been breached; Heavy selling in AUD/JPY is the main…

AUD/JPY stops triggered below 93.05 after weaker than expected GDP


Q3 GDP came in lower than expected at +0.6% QoQ. This number is just another excuse for traders to…

AUD/USD: GDP today, short-term basing pattern evolving?


Recent technical support and barrier protection at .9050/60 held yet again yesterday despite some…

AUD/USD fairly steady after un-surprising RBA


Bids at .9060 are still holding firm and AUD/USD has settled near .9085 after the RBA delivered no…

AUD looking soft heading into the RBA


The reaction of the AUD/USD after the retail sales where it rejected .9130 was quite bearish in my…