August 6, 2013
AUD to stay range-bound ahead of RBA decision
At one stage yesterday, after the disappointing retail sales data, the market was pricing in a 102%…
August 5, 2013
Gold could come to the rescue of beleaguered AUD
The bears are rampant in the AUD at the moment and there seems to be no prospect of any sort of…
August 5, 2013
AUD sliding after disappointing retail sales data
Technical AnalysisTrade IdeasAUD,NZDFXWW News
AUD/USD is hunting for stops near .8850 after disappointing retail sales data all-but confirmed an…
August 5, 2013
AUD/USD: Likely to range trade ahead of RBA tomorrow
Technical AnalysisTrade IdeasAUD,NZDFXWW News
AUD/USD still looks technically extremely oversold but no sign of a bottom forming. AUD/NZD has…
August 5, 2013
NZD falls hard on Fonterra tainted milk scare
The dairy industry is very important to New Zealand and Fonterra is their biggest dairy exporter.…
August 2, 2013
NZD/USD under pressure in early European trade
Technical AnalysisAUD,NZDTrade IdeasFlows and OrdersFXWW News
Technical resistance around 78.60 in NZD/JPY (see chart) has held nicely and straight NZD/USD has…
August 2, 2013
AUD: Media speculation ahead of economic statement
There is some speculation floating around in Australian media ahead of the 1pm economic statement,…
August 2, 2013
AUD/USD: Need to look to weekly charts for some support levels, .8775 next big one
Technical AnalysisTrade IdeasAUD,NZDFXWW News
There is a prior weekly low + a long Fibo at .8775 which is the next technical target (see chart).
August 2, 2013
AUD outlook: Friday August 2nd; selling rallies favoured on crosses
Technical AnalysisTrade IdeasAUD,NZDFXWW News
AUD/USD: Failure to re-take prior lows at .9010/35 has the bears still in technical control.…
August 1, 2013
AUD/JPY: Feels ready for short squeeze
I know that picking bottoms is a dangerous occupation but I must say that AUD/JPY is starting to…
August 1, 2013
AUD/USD: Decent bids holding for now but interbank dealers still bearish
AUD,NZDFlows and OrdersFXWW News
The local interbank dealers are uniformly bearish on AUD/USD this morning and say it's only a…
August 1, 2013
AUD/USD flows: Decent sized bids appearing below .8950
AUD,NZDFlows and OrdersFXWW News
This morning's initial sell-off has been stalled by some decent bids which appeared below .8950. It…
August 1, 2013
EUR, CHF and JPY bullish; GBP and AUD bearish
EUR crossesGBP crossesAUD,NZDJPY crossesOpen/WrapFXWW News
The FOMC had centre stage last night and their slightly dovish twist has had a mixed effect on the…
July 31, 2013
AUD/USD staying heavy but .9000 remains untested today
AUD,NZDTrade IdeasUSD/JPYFXWW News
The market is all beared up again on the AUD and local banks are now calling for another 2 rate…
July 30, 2013
AUD/JPY takes out previous trend lows
AUD,NZDTrade IdeasUSD/JPYFXWW News
AUD/JPY has broken marginally below previous trend lows at 88.95 whilst AUD/USD is trading near…
July 30, 2013
EUR/AUD: Next major technical target at 1.50
Technical AnalysisEUR crossesTrade IdeasAUD,NZDFXWW News
Remember the beautiful basing formation on the weekly chart (see chart)! Well most of the oversold…
July 30, 2013
AUD crosses failing to bounce at all
AUD,NZDTechnical AnalysisFXWW News
EUR/AUD is 200 pips higher on the day and showing no signs of weariness just yet. AUD/JPY has…
July 30, 2013
AUD/USD likely to re-test .9000
Mr Stevens did what all good central bankers do and talked his currency lower. Stops were triggered…