May 31, 2013
FX market still in cross-movement phase
EUR/USDUSD/JPYOthersTrade IdeasAUD,NZDGBP crosses
I'm still of the opinion that we are in a cross-movement phase of the FX market with the AUD…
May 30, 2013
Month-end flows will drive markets today and tomorrow
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
Like I mentioned earlier today, most of the market is focussing on expected heavy end-of-month…
May 30, 2013
AUD/USD: Short-term resistance levels looming
There is some short-term resistance looming at .9695/.9705. Next resistance above there is now at…
May 30, 2013
AUD/JPY jumps sharply in early Tokyo
I could say that it was my previous post which caused some big players to consider booking profits…
May 30, 2013
Market anticipating large end-of-month flows tomorrow
AUD,NZDFlows and OrdersUSD/JPY
Most of this turnover is likely to happen early in tomorrow's NY session, when institutional asset…
May 30, 2013
Noisy markets set to continue
AUD,NZDOpen/WrapEUR/USDUSD/JPY
One thing I can say for sure is that there are some very large positions in the leveraged world…
May 29, 2013
AUD/USD: Tough to trade at moment; safest trade is to buy really big dips
I really have no idea whether to buy or sell at current levels near .9570; the overall AUD trend…
May 29, 2013
AUD/JPY: Fast approaching important support at 96.90
This level formed a low in early April and again earlier this week and should be respected. Might…
May 29, 2013
AUD/USD: Stops going off near .9570 but Sovereign buyers reported nearby
Unsurprisingly there were plenty of stop-loss orders below .9580 which have now been triggered.…
May 29, 2013
AUD/JPY: Bulls and bears both remain hopeful
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
Important daily support at 96.90 was confirmed, giving bulls hope that the medium-term up-trend…
May 29, 2013
USD/CHF main mover as bulls try to regain control
AUD,NZDGBP crossesTrade IdeasUSD/JPYOthers
The two big risk-on dollar trades had big days yesterday with USD/JPY rising during the Asian…
May 28, 2013
Yen crosses still moving higher; AUD/JPY leading the way
I think today's action in the FX market will turn out to be a pure Yen-crosses move. Firstly we've…
May 28, 2013
Yen crosses again the main focus
USD/JPY is consolidating its earlier gains and with the Nikkei now almost 1.5% higher, the Yen…
May 28, 2013
USD bid-tone returns in early Asian trade
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
The dollar is stronger across the board in early Asian trade but has yet to break through any…
May 28, 2013
AUD/USD: Look to trade .9580/.9670 technical levels
Technical AnalysisAUD,NZDTrade IdeasFlows and Orders
The short-term bearish trendline has been an accurate indicator in recent weeks and it presently…
May 27, 2013
Crosses likely to provide highlights during European trade
EUR/AUD has continued its march higher today, the Yen crosses have remained quite heavy and I even…
May 27, 2013
Quiet session grinds to a close; Europe can expect the same
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
The Nikkei has rebounded a little to be -2.25% but the FX market has seen little or no action. Both…
May 27, 2013
Nikkei nearly 3% lower, AUD/JPY below 97.50
Technical AnalysisUSD/JPYTrade IdeasAUD,NZD
Next support in AUD/JPY is at 96.90 and with AUD/USD support at 96.00 also looming, I wouldn't be…