AUD choppy after RBA stays on hold; buy-dips preferred in short-term


No real surprises but it seems the market heard something bearish in the statement as AUD/USD went…

AUD/USD: Strong support expected near .9580


The AUD has fallen hard in early Europe as stops below 96.90 were triggered in AUD/JPY. I'd expect…

AUD stops above the market


AUD/USD: Trailing stops are reportedly heavy above .9720 AUD/JPY: Stops now being reported above…

AUD/JPY buying emerges in early Asia


Some very decent AUD/JPY buying has emerged in the last 30 minutes or so; I hear there might be…

Month-end flows will drive markets today and tomorrow


Like I mentioned earlier today, most of the market is focussing on expected heavy end-of-month…

Big levels nearby in CHF pairs


USD/CHF: Possible topping formation here and a break below .9590 could trigger some more long…

Market anticipating large end-of-month flows tomorrow


Most of this turnover is likely to happen early in tomorrow's NY session, when institutional asset…

AUD/USD: Stops going off near .9570 but Sovereign buyers reported nearby


Unsurprisingly there were plenty of stop-loss orders below .9580 which have now been triggered.…

USD bid-tone returns in early Asian trade


The dollar is stronger across the board in early Asian trade but has yet to break through any…

USD/JPY: Plenty of buyers, stop-loss sellers, and option levels


It will not be one-way traffic in the USD/JPY in either direction, with very large interest seen…

AUD/USD: Look to trade .9580/.9670 technical levels


The short-term bearish trendline has been an accurate indicator in recent weeks and it presently…

Quiet session grinds to a close; Europe can expect the same


The Nikkei has rebounded a little to be -2.25% but the FX market has seen little or no action. Both…

USD/JPY still the main intraday focus


The early interbank market was quiet today which means there are no major stop-loss levels close…

AUD/JPY selling emerges out of Tokyo


Recent lows at 99.45 have been breached after some quite heavy selling out of Tokyo. I really…

AUD/USD feeling bit oversold intraday?


The AUD/USD fell below .9650 on quite heavy selling from model funds but it has been unable to…

USD/JPY: Another topside test favoured today


The USD generally looks bullish across the board and unless some of the big Yen crosses like…

EUR/AUD: Global macro fund massive buyer; finished now I believe


There was a very large buy order go through the EUR/AUD market during early London and a big global…

NZD/USD: Look for support near .8100/10


I'm hearing that there are some decent bids out of Asia in the NZD/USD near .8100/10.