June 6, 2013
JPY and GBP make strong gains against AUD and NZD
GBP/AUD is testing weekly resistance at 1.6180, EUR/AUD is eyeing our 1.38 target and AUD/JPY has…
June 5, 2013
AUD/USD: Taking a small long position at .9600
I think the AUD/USD is oversold and the same people who were bullish at 1.05 are selling at .96.…
June 5, 2013
AUD/NZD: Range traders have done well recently in this pair
The non-sexy side of FX trading is usually the most profitable, not aiming for 25 big figure moves…
June 5, 2013
EUR/AUD: Stalls again at 1.3600; contrarians take note!
The market showed just how bearish it is on the AUD, giving back all of its gains quite quickly…
June 4, 2013
AUD choppy after RBA stays on hold; buy-dips preferred in short-term
No real surprises but it seems the market heard something bearish in the statement as AUD/USD went…
June 4, 2013
AUD still edging lower into RBA
The AUD/USD is a bit tricky to trade at the moment with a strong downtrend in control but last…
June 4, 2013
Australian current account balance data due in 15 minutes
I can't imagine that this data will make good reading although the market is expecting an…
June 4, 2013
AUD market caught short; cautious now ahead of RBA
The market did its usual think of getting bearish at the wrong levels and then being forced to run…
June 3, 2013
AUD holding onto gains despite miss on economic data
Retails sales came in slightly below expectations and job advertisements also fell from the…
June 3, 2013
AUD: Plenty of risk events today
New Zealand holiday today. Minor Australian inflation data and of course retail sales (+0.3%…
June 3, 2013
AUD/JPY: Look to play 95.50/97.00 range
JPY crossesTrade IdeasAUD,NZDTechnical Analysis
This pair is in full retracement mode with an obvious target at a 38.2% retracement level near…
June 3, 2013
Time to re-group after Friday’s heavy flows
GBP crossesTrade IdeasUSD/JPYOthersAUD,NZD
It's pointless looking for logic once big asset manager month-end flows hit the market; they deal…
May 31, 2013
AUD/JPY still falling hard
OthersTrade IdeasJPY crossesAUD,NZD
These end-of-month flows must be very large indeed as the cross continues to fall hard and AUD/USD…
May 31, 2013
AUD/USD: Strong support expected near .9580
The AUD has fallen hard in early Europe as stops below 96.90 were triggered in AUD/JPY. I'd expect…
May 31, 2013
Staying fairly quiet in early Asia; always happens when I predict volatility!
We did get that early flurry in AUD/JPY but since then its been reasonably quiet. USD/JPY topped…
May 31, 2013
AUD stops above the market
AUD/USD: Trailing stops are reportedly heavy above .9720 AUD/JPY: Stops now being reported above…
May 31, 2013
AUD/JPY buying emerges in early Asia
Some very decent AUD/JPY buying has emerged in the last 30 minutes or so; I hear there might be…
May 31, 2013
AUD/USD: Expect plenty of intraday volatility, possibly a 200-pip day
The USD has turned bearish in the short-term, the AUD remains bearish on the crosses, and we are…