AUD/USD: More topside likely, targeting .80 cents


There has been a lot of AUD and NZD bought in the last week and this mainly real-money demand is…

AUD/JPY: Range trade before higher


From a technical perspective, I expect some 600-pip range trading on a medium-term basis roughly…

Exiting AUD/USD longs at break-even (yet again)


I don't like these momentum-less sideways markets which are then followed by a 50:50 bet in the…

Post-RBA price action suggests to me that AUD/USD goes higher quite soon


There was a pop in the AUD/USD just prior to the RBA rate decision and this occurred because all…

Market split 50:50 on RBA decision today


There is a very even split amongst analysts and interest rate traders as to what the RBA will do…

AUD/USD steady in early trade, not reacting to Chinese rate cuts


The market has been expecting some stimulative measures from the PBOC and perhaps that's the reason…

AUD/USD: Still long, hoping for a break above .7850/70 resistance


It looks like there are still plenty of offers in the AUD/USD ahead of .7850 and we could be in for…

AUD/USD: .7850 still key short-term level topside


There is talk in the market of a short-term exotic option structure which is corralling prices…

AUD/USD: Short-term exotic structure .7750/.7850


I'm not sure of the exact levels but the weight of bids towards .7750 and the weight of offers…

AUD/USD: Longs in play, hoping for a trend reversal


The AUD/USD has so far been unable to generate any sort of decent reversal momentum so this may…

AUD/USD: Watching intraday support at .7725


AUD/USD traders had been eyeing important technical support at .7725 and yesterday's break below,…

AUD employment data today


The Reuters smart estimate would seem to suggest that we might get some worse than expected data.

AUD/USD: Basing formation negated


Contrarians had been hoping that an inverted H&S might develop on the short-term charts but the…

AUD/USD touches .7860 after SoMP


The really heavy trailing stops must be a bit higher but the weaker ones have been triggered after…

AUD/USD: More range trading expected today, retail sales data due


The AUD/USD consolidated over the last 24 hours in a 100 pip range and we can expect more of the…

AUD/USD: Looking to play .7725/.7850 intraday range


Spot AUD/USD is back to where we were yesterday pre-RBA but of course the AUD has lost significant…

Local journalists seem pretty sure that RBA will cut rates


Central banks often like to smooth the way to any policy change by giving subtle hints to financial…

AUD: Market still comfortable staying short ahead of the RBA


One thing we can be pretty sure of is that the RBA will release a more dovish statement this…