AUD/JPY: Trade idea for the bearish contrarian


All those contrarians out there, like myself, should keep a close eye on this pair. If the 200-dma…

Big day for AUD with retail sales and RBA


Retail sales for November expected at +0.4% MoM; RBA widely expected to leave policy unchanged at…

Might be a good time to book some profits on EUR/AUD, GBP/NZD etc


Despite a big technical break yesterday, GBP/NZD failed to consolidate these gains and will close…

AUD/USD: Tending toward a bullish bias intraday


Prime brokers reports suggest to me that the speculative market is largely short as they wait in…

Trades to watch for, Friday November 29th


Stay long cable, this is a no-brainer in my view. I've cancelled my take-profit orders this…

AUD/USD: Technical contrarian trade


The recent fall has stalled thus far at a 76.4% retracement level near .9060; The short-term…

AUD/USD: Fibo retracement at .9060 providing technical support


End-of-month flows expected to be AUD/USD positive; Fibo support at .9060 (see chart) providing…

AUD/USD testing short-term resistance levels around .9200


There is some resistance on the hourly chart around .9200 and I would expect to find some trailing…

Trade ideas for Tuesday November 26th


Cable has failed to break above 1.6260 and is threatening to retrace inside its consolidation…

AUD/USD: Stops triggered below .9125 but no follow through thus far


Little in way of technical support until .9060; AUD/NZD has broken cleanly below 1.1150 but is…

AUD/USD outlook November 25th


Another speech from the RBA deputy-Governor later tonight so we can expect more verbal…

AUD/USD: Loss booked on long trade


My attempt at picking a short-term base in the AUD/USD was ill-conceived and I took a 73 pip loss…

AUD/NZD: Stops triggered below 1.1190


The low so far has been at 1.1175 and the market really doesn't like the AUD very much at all. I'm…

AUD/USD technicals: Let’s see if market can close below technical support levels


The daily chart is showing support levels near .9225 and although we've seen a marginal break, we…

Major breaks on crosses should cause a re-think on AUD/USD, USD/JPY


GBP/JPY made a significant move higher last night breaking above monthly highs at 163.00. It's…

AUD/USD slides below 100-dma after RBA chief says intervention can be effective


Don't get too excited, they won't be doing it any-time soon. Stops now getting triggered below…

USD/JPY: Very heavy turnover near 100.75


The interbank market is reporting some very heavy turnover near 100.75, which was a recent daily…

China PMI and BOJ to add volatility today


There are no significant trends in control at the moment so the best we can look for is some…