July 11, 2013
Australian jobs data: Topside risk for the AUD/USD
There has been some poor economic data over the last two days but the AUD has risen in spite of…
July 11, 2013
Crosses get out of whack in these volatile stop-driven markets
Trade IdeasAUD,NZDJPY crossesFXWW NewsEUR/USDEUR crosses
This is how I see it. The market got way overly-exuberent on its taper-driven USD rally and we will…
July 11, 2013
AUD/USD: Reasonably orderly compared with EUR/USD! Look to book profits .9325/40
Trade IdeasAUD,NZDFXWW NewsEUR/USD
Certainly the size of short positions in the AUD/USD hasn't been as big as in EUR/USD, judging by…
July 11, 2013
AUD/USD: Stops going off above .9250
Flows and OrdersFXWW NewsAUD,NZD
The USD bulls are in for a torrid day it seems! Next resistance in the AUD/USD is at .9340.
July 11, 2013
Hope you’re making sense of all this whip-saw trading
We have seen some quite wild moves in all pairs over the last few hours, quick swing traders will…
July 10, 2013
AUD/USD: Taking small profit off table at .9225
The Yen crosses are turning lower and I'm a bit worried that AUD/JPY is stabilising back below…
July 10, 2013
EUR/AUD: Mightn’t be a bad idea for shorts to book some interim profits near 1.3900?
Trade IdeasAUD,NZDFXWW NewsEUR/USD
I know many people have been trying, some successfully, to pick a top in this cross between…
July 10, 2013
AUD/USD: Hourly chart looks more constructive amid fresh highs
Technical AnalysisFXWW NewsAUD,NZD
I think its safe to say that momentum is still relatively weak (see chart) but I expect that to…
July 10, 2013
If the AUD can’t fall on bad economic data, then it must be going up
The interbank guru @FXWW303 has been selling the AUD today but I must say I disagree with him this…
July 10, 2013
Modest NZD selling noted in early trade
Flows and OrdersAUD,NZDFXWW NewsEUR/USD
There isn't much going on this morning with only some modest NZD selling to report from the…
July 10, 2013
AUD session outlook July 10th; short-covering picking up pace
Trade IdeasFlows and OrdersFXWW NewsTechnical AnalysisAUD,NZD
The market has sold a lot of AUD/USD in recent weeks and the big question is, where will the big…
July 10, 2013
Wild moves on the crosses and more to come
AUD,NZDJPY crossesOthersFXWW NewsEUR crossesGBP crosses
The AUD was the first mover, recovering after poor domestic business conditions data and taking…
July 9, 2013
AUD/USD: Moving my sell orders higher
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
This AUD market smells very oversold to my biased nostrils and I have a feeling that there will be…
July 9, 2013
AUD: Heavy short-covering taking place
Flows and OrdersFXWW NewsAUD,NZD
Reports of heavy AUD short-covering against the USD, JPY and CHF. A lot of traders have been…
July 9, 2013
AUD/JPY: Above 92.50 but needs some confirmation
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
We've been watching this level all day as being a big one and prices have now poked above 92.60. I…
July 9, 2013
AUD at session highs despite data
The AUD is looking reasonably bullish for a change, back at session highs despite poor business…
July 9, 2013
AUD slightly soft after NAB data and China CPI
AUD/USD traded to lows near .9085 after the poor-ish NAB business sentiment data, as well as…
July 9, 2013
AUD/USD: Play 60/70 pip spikes either side after China CPI
I don't think the Chinese CPI will have any lasting effect on financial markets so I'd look to play…