March 5, 2013
What to expect post-RBA
I'm presuming that the RBA will leave rates unchanged so it comes down to what is said in the…
March 5, 2013
CBA: Still see RBA retaining easing bias
Whilst that would not be unexpected, I would see some downside risk for the AUD immediately post…
March 5, 2013
AUD/USD: Selling big rallies favored
Most of today's focus will be on the RBA although the failure to close below 1.0150 might have the…
March 4, 2013
AUD/USD: Break below 1.0140 is significant; .9600 here we come!
After a period of sideways trade it would seem that the market has now an unequivocal decision and…
March 4, 2013
AUD/USD stops triggered
No sooner said than done; market broke relatively easily below 1.0150 and triggered sizeable stops…
March 4, 2013
AUD/USD: Stalling ahead of barriers and Sovereign buyers at 1.0150
Really not sure how big the amounts are but the lack of bounce so far suggests to me that the level…
March 1, 2013
AUD/JPY: Flow guy says sell-orders now cancelled
AUD,NZDFlows and OrdersUSD/JPY
Anyone who sold yesterday alongside the sell orders at 95.10/20 will be interested to hear that the…
March 1, 2013
AUD dips slightly on official Chinese PMI data
This months number came in at 50.1, down from 50.5 last month. The AUD/USD dipped to 1.0210 after…
March 1, 2013
USD bulls getting ready for big run; keep sharp eye on Gold market
Relative stability in the US, both on economic and political fronts, is getting USD bulls all…
March 1, 2013
Cable: Prefer to buy intraday dips for 1.5250 test
EUR crossesEUR/USDUSD/JPYGBP crossesTrade IdeasAUD,NZD
I still feel that last Friday's gap in late NY trade from 1.5250 is likely to be closed. I prefer…
February 28, 2013
AUD/JPY: Flow guy suggests selling at 95.10/20
Haven't heard from him for a few days but his info has been generally quite good. He says there are…
February 28, 2013
AUD/USD touches 1.0280 as short-covering continues
Sorry for repeating myself again, but I'd be careful about trying to pick intraday tops as this…
February 28, 2013
AUD/USD: Trading like a market that’s short
FX trading is all about positioning; how the market is positioned, how comfortable it is with this…
February 28, 2013
GBP: Tide turning in favour of more QE
It's not the Moody's downgrade which is likely to have the biggest impact on the GBP, although…
February 28, 2013
AUD/USD: Looks like topside danger today, 1.0300 perhaps
AUD/USD breached the well-protected barrier at 1.0200 overnight but bounced pretty sharply. I…
February 27, 2013
No bright ideas emerging from today’s trade
GBP crossesEUR/USDJPY crossesFlows and OrdersAUD,NZD
AUD/USD: Still sitting above major option barriers and more to come at 1.0150. EUR/USD: Staying…
February 27, 2013
AUD/USD: Interbank reports very heavy turnover near 1.0200 overnight
The volumes went through the roof as the spot price approached 1.0200, spiking by around 10-fold on…
February 26, 2013
AUD/USD: Bullish trade idea targeting 1.1200
I've just read a trade idea from a professional trader which is certainly very different to the way…