USD/JPY seeing plenty of pre-weekend long-liquidation


Overnight lows at 98.90 have been breached and the next main level of technical support is at…

AUD/USD: Looking pretty solid mid-way through Asian session


AUD/USD rallied in a straight line form .9150 to .9275 much earlier this morning and the pull-back…

EUR/AUD, GBP/AUD set to reverse?


Two separate technicians, who are usually very insightful, are telling me that these two crosses…

Don’t jump in this morning, wait and see if volatility returns


The market has been bullish USD on the back of expected QE tapering for some months now. The…

AUD/USD: Sticking with longs, headed for 96 cents in next few weeks


Support levels near .9130/50 held yesterday despite some very heavy pressure and with the USD…

AUD/USD: Added to longs in early trade


Of course the AUD always looks worst at the bottom and it looks so bad now, surely this must be a…

AUD/USD: Longs should keep intraday stops below .9125


AUD/NZD has taken out 1.1500 after the RBNZ and we now must wait and see what the market reaction…

AUD/NZD sitting just above 1.1500 ahead of the RBNZ


The AUD is back towards the lower end of recent ranges against most of the other majors, after…

AUD/USD: Another topside test favoured in early London


We've got to remember that overall market sentiment remains bearish on the AUD but also that…

NZD/USD: Strong data but looks like plenty of sellers about


Maybe it's the drop in exports which is limiting enthusiasm but I would have thought that a much…

AUD/USD: Big level to watch is .9330/40


There are recent highs nearby at .9300 but I think the really important level is .9330/40. This was…

AUD/NZD: Good support still expected near 1.1500


I'm still hearing that there will be good support near 1.1500 in the Antipodean cross, might be a…

USD/JPY should continue to drift lower but….


Plenty of conflicting forces at play in the Yen pairs which should ensure volatility, but not all…

Don’t be short CHF if metals are rallying


I cut my long EUR/CHF position yesterday for a tiny loss once the precious metals started rising. I…

EUR/USD: Likely to test 1.3400 over few days


Despite political unrest in Portugal, the market seems to be quite happy buying EUR or at least is…

EUR/CHF: Chopping my longs for tiny loss as risk-aversion returns


I'm giving up on this pair yet again and taking my 20 pip loss. I bought a small position last week…

AUD: Weekend press reports not having any impact at moment


Australian Financial Review running a story saying that there will be a rate cut in August. The…

How to turn $20k into $1 million in 8 easy weeks


You think I'd tell you if I knew! But the up-side to tracking traders is that you eventually come…