AUD/USD: Short-term support forming but resistance line also clear


The short-term levels to watch in the AUD/USD are pretty clear (see chart) with support now forming…

AUD/USD: .9250/60 should be important short-term pivot


This is the level where the big hedge funds were selling though Goldman Sachs yesterday afternoon.…

Modest rebound in AUD and risk sentiment during Asian trade


Macro funds were noted buyers of AUD/USD below .9200 earlier this morning. ACBs intervened heavily…

EUR/USD: Heavy sell orders above market


3 investment banks are reporting the same heavy sell orders between 1.3260/80. So either they are…

Looks like some EUR/AUD selling going through


Like The Guru just mentioned, macro hedge funds are buying AUD/USD and I suspect that they might be…

The Guru playing AUD/USD from long side this morning


The Guru is a senior interbank dealer for a major international bank based in Asia and he…

EUR/AUD: Very important technical levels nearby


Keep an eye on the weekly chart (see chart) as a weekly close clearly above 1.4400 would be a very…

AUD/USD: Speculators selling, and selling, and selling


Prime broker reports show that leveraged accounts were piling into AUD/USD shorts again yesterday…

USD/JPY: Trendline resistance holds overnight


If in doubt, have a look at the technical picture an old mentor of mine used to say. The 4-hour…

USD keeps on rising


Hedge funds continue to buy the USD across the board and there is little point in getting in the…

AUD/USD: Latest bids filled and it still looks heavy. USD/JPY nearing technical resistance.


Despite the solid demand from the BIS, the AUD/USD is still looking heavy. I've added to my long…

AUD/USD: Central banks buying in recent trade


Thanks to FXWW888 for the insight that Sovereign names have been buying AUD/USD near .9240 in…

Goldies still leaning on AUD/USD


Goldman Sachs are being reported as the main AUD seller this afternoon, most likely some big hedge…

Chinese funding squeeze also weighing on the AUD


Our hedge fund insider https://twitter.com/FXWW888 is reporting that short-term Repo rates are up…

AUD/USD testing .9250 after lower China PMI data; major support .9218


The big technical support level to watch is the 61.8% retracement of the major up-move from .8060…

Market now focusing on events in emerging markets


The logic in the market is that any contraction in quantitative easing by the Federal Reserve will…

AUD/USD: Initial resistance at .9325/30


The AUD/USD fell by 300 pips in the 4-hour period immediately after the FOMC and you can make up…

EUR/AUD: Strong resistance near 1.4350


Have a look at the weekly chart and you will see a line of 3 highs across from 1.4350 which will…