Hard to find any rhythm in this market


It's definitely starting to feel like 'holiday' markets and I know I'm not the only one who is…

Asian central bank selling NZD


Our hedge fund insider @FXWW888 is reporting On Twitter that ACBs have been seen selling NZD/USD…

AUD/USD: Still sneaking higher; look to lighten longs near .9175


The AUD was severely over-sold on Friday last and is starting to undo some of those losses. EUR/AUD…

AUD still reliant on crosses for next directional move


AUD/USD is 60 pips higher than its Friday closing level after the China GDP came in as expected.…

AUD/USD: Short-term market smells bit short


Quick spike above .9100 after Chinese GDP came in as expected which suggests that the short-term…

AUD/USD: Still long but case looking weaker for bulls


EUR/AUD put in a strong weekly close above 1.4400 and looks likely to move onto a higher plane…

Market focusing on China GDP data today


The AUD got hit pretty hard on Friday, especially on the crosses, after comments from the Chinese…

AUD/JPY will be another to watch on Monday morning


There is major technical support 89.00/50 (see chart) and I'm guessing that there will be plenty of…

EUR/AUD macro view: Bullish weekly close


Since the EUR came into existence it traded pretty consistently against the AUD between 1.55 and…

Very slow day in Asia, hard to find any insights


I think I shall go and have a nice dinner as it's been a long week. Today was a waste of time and I…

AUD/USD: Adjusting my trading range lower by 50 pips


I had been looking for consolidation between .9150/.9350 but it looks more likely that we see a…

Macros were big GBP/AUD buyers over last 24 hours


Prime brokers report that big macro funds started bailing out of GBP shorts and into AUD shorts…

AUD/USD: Still looks reasonably constructive but….


Technical picture shows a shallow basing pattern (see chart).  Risk-reward favours buying dips…

AUD/USD: Buying back smalls at .9205


I sold some earlier at .9295, just buying them back now to improve the average! I still like the…

AUD/USD: Happy to re-buy on dips towards .9180


EUR/USD still looks fairly heavy and it could drag AUD/USD with it back below .9200, but I see that…

AUD/USD: Taking small profits off table


I'd be silly to ignore the 250 pips on the table so I'm booking more partial profits at .9295 and…

Levels to watch in afternoon trade


I'm still of the same view, the EUR has done a lot of its work already and is overbought on the…

USD/JPY: Looking soft again after BOJ do nothing


The JPY crosses still look very soft to me and the reaction post-BOJ suggests to me that the market…