May 17, 2013
AUD support levels continue to break
This trend is showing no signs of easing up; AUD/JPY trendline support has broken, important daily…
May 17, 2013
AUD/JPY: Nearing base of wedge formation
Trade IdeasAUD,NZDTechnical AnalysisJPY crosses
If you think the AUD is somewhat oversold then you might consider buying AUD/JPY with the base of…
May 17, 2013
Friday clean-out as asset managers sell Anzacs
Most of the selling in the AUD and the NZD is being attributed to asset managers out of Asia. There…
May 17, 2013
EUR/AUD: Daily highs looming at 1.3190
Technical AnalysisAUD,NZDEUR/USD
Highs from late January at 1.3190 are fast approaching (see chart) and should attract some profit…
May 17, 2013
NZD/USD and AUD/USD stops triggered
It looks like NZD/USD stops led the way with plenty of local banks getting hit below .8140 and this…
May 17, 2013
EUR/AUD: Time for a big call; set to rise 20% in coming months
The FX market is all about positioning and in my opinion the market is structurally long of AUD…
May 17, 2013
Cable: Fresh longs in play
I'm starting very small with this pair but the strength in the crosses suggests that trading cable…
May 17, 2013
AUD/JPY: Still trading sideways in a wedge formation
Technical AnalysisJPY crossesAUD,NZD
Short-term support at 100.40/45 has been breached but this pair is still trading sideways in a…
May 17, 2013
AUD/USD, NZD/USD opening near important levels
Sovereign bids toward .9800 held the AUD/USD up overnight as heavy cross selling re-emerged, but…
May 16, 2013
AUD/USD: Looking soft after .9850 break
If you're sitting on stale long positions then it might be best to bite the bullet and take the…
May 16, 2013
AUD/USD: BIS reportedly on the bid near .9830
That might provide a base for while but I think I will try and exit my purchases from yesterday at…
May 10, 2013
AUD/USD: Overall bearish but AUD/JPY could be the fly-in-the-ointment
I'm sticking with my bearish bias on AUD/USD but with solid support at .8350/60 holding in the…
May 10, 2013
AUD/USD: Booking partial profits from yesterday
I remain bearish on the AUD but with EUR/USD approaching Sovereign bids near 1.3000, I'm happy to…
May 9, 2013
AUD/USD: I’m still happy to sell rallies
Today's jobs data has changed nothing in my very biased view and I think all rallies are to be seen…
May 9, 2013
AUD/USD: Important levels intact ahead of jobs data and Chinese CPI
Trade IdeasAUD,NZDFlows and Orders
The big downside level to watch is obviously 1.0115, the spike low from early March, and dealers…
May 9, 2013
FX market moving into classic cross-movement phase
Trade IdeasAUD,NZDGBP crossesEUR/USDEUR crosses
I believe that pairs like EUR/AUD, GBP/NZD and the like are set for major moves higher. Have a look…
May 8, 2013
AUD/USD: 1.0220 should hold first test but AUD/NZD moves dampening bearish enthusiasm
The inability of the AUD bears to test 1.0115 post-RBA will be worrying the bears a bit and even…
May 8, 2013
AUD/NZD: More heavy short-covering with big players trying to cover
Another day of short-covering in this cross and we reached a level almost 200 pips above…