NZD/USD: Decent risk-reward for bears today


This is not a pair I trade, having lost enough for this life-time on the NZD :( , but I do think…

AUD/USD: Partial profits booked on long position as .9200/20 resistance must be respected


If you remember back a couple of weeks, it was the break below .92 cents which accelerated the…

AUD/USD: Leaving first t/p orders near .9200


The next batch of trailing stops seem to be going off above .9130 and I'm hopeful that I might…

GBP/AUD: Watch out if it falls below 1.6870


There is a short-term topping pattern in both EUR/AUD and GBP/AUD, but have a look at the daily…

AUD/USD: Tight stops below .9080 could be endangered in early London trade


AUD/USD is starting to drift a bit in afternoon trade and dealers report trailing stops below .9080…

RBA Report: If it’s not dovish, that must be AUD bullish, or?


AUD/USD has edged a bit higher after the RBA monetary policy report was published. There were no…

AUD/JPY higher in early Tokyo


AUD/JPY is +0.3% in early trade and bottom-pickers will be hoping that previous resistance levels…

Outlook for major pairs August 9th: Trading focus to stay on the crosses


USD/JPY: I'm still short and I remain bearish. Much will depend on short-term flows in the crosses…

AUD/USD confirms yesterday’s bullish break


My long position is looking increasingly healthy and I'd expect prices to stay now above .9030/40,…

AUD/USD jumps to .9050 on China trade data


I've added to my long position and I expect short covering to now pick up steam. The sharp increase…

AUD retraces earlier gains after jobs data


The unemployment rate fell slightly but the economy created less jobs and the AUD/USD has given…

AUD on the move early


Overnight highs above .9020 have been taken out and the bears will be getting worried. I'm looking…

AUD/USD: Big day of data; one good piece will start short-covering binge


It's a big day of data with Australian jobs, Chinese trade, and of course the BOJ rate decision.…

AUD/USD outlook, Wednesday August 7th


The AUD looks reasonably stable this morning after yesterday's 25bps rate cut. Today's economic…

AUD/JPY: Possible double-bottom now at 87.20


This cross should be very interesting in coming sessions with a possible double-bottom at 87.20 and…

AUD looking modestly bullish after RBA


25bps rate cut as expected but the market reaction is interesting; AUD/USD has taken out stops…

What to expect from the RBA


A 25 bps rate cut is priced in and if we do get the cut as expected, I'd think we might get a…

AUD: The market is short, it’s August, and volumes are down….


That spells danger in my book. The big banks reported significantly lower volumes overnight and…