October 29, 2013
AUD: Watch for news-wire headlines from Glenn Stevens speech
"29 October 2013, 9.30 am AEDT Opening remarks by Glenn Stevens, Governor, to Citi's 5th Annual…
October 28, 2013
USD: Sentiment still bearish but some big support levels continue to hold
GBP crossesFXWW NewsUSD/JPYAUD,NZD
USD/JPY: Until we get a strong daily close below the 200-dma (currently at 97.38), the bulls will…
October 28, 2013
FX market staying very slow mid-way through Asian trade
AUD,NZDFXWW NewsEUR/USDUSD/JPYFlows and Orders
AUD a bit higher across the board with technical buying against the EUR and JPY helping the…
October 28, 2013
EUR/AUD technical trade idea for the bears
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
Sell rallies to neckline resistance at 1.4440 (see chart) with fairly tight stops. This level is…
October 28, 2013
AUD/USD technicals: Short-term support levels near .9570
AUD,NZDFXWW NewsFlows and OrdersTechnical Analysis
The big levels to watch are very clear on the daily (see chart), with support at .9510/20 and…
October 28, 2013
USD/JPY opens higher in Asia on mainly technical buying
AUD,NZDFXWW NewsFlows and OrdersUSD/JPYTechnical Analysis
The failure to end last week below the 200-DMA, today just below 97.40, has encouraged a bout of…
October 25, 2013
NZD staying weak in early Asian trade
FXWW NewsAUD,NZDFlows and Orders
NZD/USD has broken below overnight lows at .8320 and AUD/NZD is testing daily highs near 1.1550.…
October 25, 2013
AUD/USD: Soft feel this morning, risk-off Friday
Flows and OrdersFXWW NewsTechnical AnalysisAUD,NZDTrade Ideas
Mixed pictures on the crosses with AUD/JPY looking soft, targeting 92.80, and EUR/AUD looking…
October 25, 2013
NZD continues to look very weak on the crosses
FXWW NewsAUD,NZDTechnical Analysis
AUD/NZD close above 1.1500 could be an important psychological turning point; EUR/NZD has an…
October 24, 2013
AUD slightly higher after Chinese PMI data
New orders came in at a 7-month high and the 50.9 reading was a modest improvement on last month's…
October 24, 2013
AUD/USD: Look to play wide .9525/.9750 range in coming sessions
FXWW NewsAUD,NZDTechnical Analysis
The 200-DMA at .9750 is looking like the crucial technical level (see chart); Support levels are…
October 23, 2013
Equity markets continue to fall in Asia; USD/AXY on the rise
My technical support level in EUR/JPY lasted all of a few minutes; Equity markets are down across…
October 23, 2013
NZD heading lower on crosses
AUD,NZDFXWW NewsEUR/USDFlows and Orders
AUD/NZD has broken above 1.1450 after the higher-than-expected Australian inflation data and now…
October 23, 2013
AUD/USD: Takes out 50% retracement level after CPI data, now focusing on 200-DMA
The higher than expected domestic inflation data has further strengthened opinion that the…
October 23, 2013
AUD/USD: Important technical resistance near .9720
FXWW NewsAUD,NZDTechnical Analysis
The 50% retracement of the big downmove from 1.0580 to .8850 comes in near .9720 and this level is…
October 22, 2013
AUD/NZD: Increasingly looks like base in place
FXWW NewsAUD,NZDTechnical Analysis
Possible double bottom at 1.1200 (see chart); Prices have fallen already a long way in what is…
October 22, 2013
AUD/USD: Looking to play .9550/.9725 range over coming sessions
Flows and OrdersFXWW NewsTechnical AnalysisAUD,NZDTrade Ideas
As mentioned below, barrier protection in AUD/JPY ahead of 95.00 is quite large; EUR/AUD bids near…
October 22, 2013
AUD/JPY: Still capped by barrier protection ahead of 95.00
FXWW NewsAUD,NZDFlows and Orders
Another very quiet night in the FX markets and we can brace ourselves for similar lack of movement…