January 6, 2015
Oil, Copper fall heavily; likely to influence AUD/JPY in particular
Crude oil prices dipped below $50/bbl for the first time in over 5 years and copper prices also…
December 11, 2014
AUD/NZD: Pretty clear ‘sell-rally’ play
If the FX market is one big interest rate play, as many would contend, then we should be in the…
December 2, 2014
RBA: No change in policy or language expected
There is a small chance that the RBA will refer to the possibility of further rate cuts but most…
December 1, 2014
AUD/NZD: Downside pressure set to intensify
Unconfirmed reports this morning that the Australian government is lowering it's presumed iron ore…
November 19, 2014
AUD/NZD: Consolidation range 1.09/1.13 still in control
Nice call in AUD/NZD from Morgan Stanley last night to buy the dip ahead of the milk auction, and…
November 18, 2014
RBA minutes set for release today
The minutes from the November meeting of the RBA will be released at 11.30 am Sydney time and they…
November 10, 2014
NZD/USD: Price action around .7670 suggests interim base in place
I saw some pretty impressive technical calls on Friday suggesting that an interim base was forming…
November 7, 2014
AUD/USD: Range trading with bearish bias
Shortish-term resistance now firming at .8650 breakdown level with support near the base of a…
November 6, 2014
NZD/USD: Bouncing off long-term support at .7680
The NZD/USD did trade marginally below prior weekly lows at .7680 but has now bounced after the…
November 6, 2014
AUD/USD: Next stop .8050
Congrats to the AUD/USD bears who have cracked a big technical support level at .8645 and will now…
November 4, 2014
AUD and NZD sitting on big levels ahead of major risk events
NZD/USD: Weekly technical support at .7680; AUD/USD: Sitting presently near .8675 which is where…
October 30, 2014
AUD/NZD testing strong chart resistance near 1.1300 after RBNZ
The cross has made a big move over the last few hours and selling into resistance levels near…
October 27, 2014
EUR/AUD: Looking for selling opportunities
I'm not overly sure of my levels just yet as I haven't been trading this pair very actively. The…
October 27, 2014
AUD/USD: Looking for some range trading opportunities this week
It will be a quiet week for the AUD on the economic calendar and movements will be driven by…
October 24, 2014
AUD/USD: Sideways pattern likely to break soon
AUD/USD has been trading in a wedge formation all week and the parameters are pretty tight now at…
October 23, 2014
NZD falls heavily after CPI data
Q3 CPI came in at 0.3% QoQ which was well below expectations. The NZD/USD is 100 pips lower since…
October 22, 2014
AUD/USD: Cutting long position due to lack of activity
I've been long all week and the market is 30 pips higher! My general market timing has been very…
October 21, 2014
AUD/USD: Still long- .8850 looks to be crucial level
I'm happy to stick with my long position from yesterday but gains from here through .8850 are…