April 4, 2013
AUD/USD: Plenty of offers ahead of 1.0500
A local bank is reporting very heavy offers in the AUD/USD ahead of 1.0500, including option…
April 4, 2013
AUD: Modest bearish bias today
US economic data overnight will weigh on risk sentiment: AUD/USD has possibility of double-top at…
April 3, 2013
AUD/USD: Plenty of stops above 1.0510
JPY crossesTrade IdeasAUD,NZDTechnical Analysis
The AUD/USD has again pulled back from 1.0500 but I wouldn't be getting too bearish just yet. There…
April 2, 2013
AUD/USD testing 1.0500 on slightly neutral statement
The RBA has maintained its easing bias but it looks like the market is caught a little short with…
April 2, 2013
RBA to keep rates steady, maintain easing bias
There is universal agreement (a dangerous thing in the FX market!) that the RBA will stay on hold…
April 2, 2013
AUD/JPY and cable worth watching in early trade
USD/JPYTrade IdeasAUD,NZDGBP crossesEUR/USD
The break below 97.50 in AUD/JPY has changed the bias considerable in my view; sell any intraday…
April 1, 2013
AUD/JPY: Back near 97.50 yet again
The lower than expected Chinese PMI have led to some modest risk-aversion in the markets and the…
April 1, 2013
AUD should stay quiet ahead of RBA tomorrow
There is also today's Japanese Tankan report and the HSBC China PMI data to add some volatility to…
March 28, 2013
Chinese equity markets now almost 3.5% lower
Moves by the Chinese banking regulator to tighten controls on certain wealth-management products…
March 28, 2013
AUD/JPY leading Yen pairs lower
With a long weekend looming, I guess it's no surprise to see AUD/JPY lead the risk-off charge. We…
March 28, 2013
AUD/USD: Intraday moves depend on what’s happening in crosses
Trade IdeasAUD,NZDTechnical Analysis
Initial short-term support at 1.0420, getting stronger near 1.0360/80. Resistance clear at 1.0500…
March 27, 2013
AUD/USD: Barriers and stops
Looks like there are some decent-sized barriers at 1.0500/05: Stops reported above 1.0510 and…
March 26, 2013
AUD/USD: Large topside stops
I know of quite a few people who are trying to pick a top near here in the AUD/USD, and I must…
March 26, 2013
Still waiting for a flash of inspiration
I find it very difficult to get any sort of a feel for markets which are hardly moving so best and…
March 25, 2013
AUD: Short-term market building long positions
The hourly chart in AUD/USD looks quite constructive, being short EUR/AUD seems like a sensible…
March 22, 2013
AUD/USD: Play edges of 1.0370/1.0475 range
Trailing stops were triggered in the AUD/USD overnight through 1.0420 as asset managers sold…
March 22, 2013
EUR/JPY continues its yo-yo week
AUD,NZDEUR crossesGBP crossesTrade IdeasEUR/USDUSD/JPYJPY crossesFlows and Orders
From 124.50 on Friday last, to 121.50, to 124.00, to 122.00, to 124.50 and back to 122.30. EUR/JPY…
March 21, 2013
WestPac issue short AUD/NZD recommendation
This makes good sense after the big move higher in recent weeks. Today's GDP data should give the…