AUD/USD: Taking a small long position this morning


US yields eased lower again on Friday after a big fall on Thursday, precious metal prices remain…

Quiet start to interbank trading week; levels to watch are….


Not much happening so far this morning and we are still trading around NY closing levels from…

AUD/JPY will open the week at a very important level


The inverted head and shoulders (see chart) on the short-term charts has a right shoulder at 90.00…

Traders taking a well earned rest today


I have a feeling that Europe and NY sessions might be similar to what we had today; one sharp move…

Permission please to scream and be generally annoyed


AUD/JPY in particular was screaming at us that a base was close yesterday. It always looks it's…

AUD/JPY: Solid bounce suggests that base mightn’t be too far away


I'm still of the view that the AUD sell-off against the EUR, JPY and USD is overdone and that we…

EUR/AUD: If you’re looking for a bearish entry level…


This pair has come 20 big figures and will soon run out of steam in my opinion. I think EUR/JPY is…

Nikkei over 5% lower; looking for deep AUD/JPY dips intraday


Like I said yesterday, large macro hedge fund is exiting positions across multiple markets and this…

AUD/JPY getting smashed below 90.00


The classic risk-aversion trade AUD/JPY is in full flow and its down by 1.75% already today. This…

AUD: Should be busy today with plenty of conflicting forces at play


Risk aversion is quite heavy across all financial markets with big hedge funds dumping positions…

Risk and USD off: USD/JPY leading the way but USD/CHF now joining in


My cheap intraday USD/CHF trade got neutralised overnight and both it and USD/JPY continue to look…

EUR/AUD: Once the buy order dries up the retracement begins


I think we were all pretty sure that this was going to happen but as with all things in the FX…

AUD/USD: I really hope that wasn’t the bottom yesterday


I listened to people I shouldn't have yesterday when I wanted to buy below .9350. I really should…

Finally a very quiet Asian session; the EUR/AUD order might finally be done!


It was very quiet in Asia today and there was no sign of the local bank who's recently been buying…

AUD/USD: Wait and see if local sellers turn up again


The AUD selling during Asia has emerged every day for about the last 8 trading days and contrarians…

USD/JPY weakness affects all other major pairs


I think they are called 'no-brainer' trades for a good reason and yesterday morning's open near the…

USD/JPY: Be patient and wait for big rallies


I could've been a bit greedier on EUR/JPY but nobody ever went broke booking profits so best go and…

EUR/AUD: How to butcher a big order in the FX market


One week ago EUR/AUD was trading quietly on the 1.33 handle. Now its touching 1.42. What happened…