February 18, 2013
Pretty lean pickings during Asian trade
USD/JPYTrade IdeasAUD,NZDEUR/USD
The Yen has had a bit of movement after the G20 weekend but I think we all expected a bit more than…
February 18, 2013
AUD/USD: Looks heavy but likely to stay range-bound
There were some big falls in Gold and other commodities on Friday and the AUD/USD is back below…
February 15, 2013
AUD/USD: Still struggling to break above Fibo resistance at 1.0370
Technical AnalysisAUD,NZDFlows and Orders
If minor resistance levels like a 38.2% Fibo start providing solid resistance, this usually means…
February 15, 2013
AUD/NZD: New day, same story; don’t be caught long
Macro funds have been trying to get out of longer-term longs since this pair broke below 1.2300. If…
February 15, 2013
Short-term technicals updated
JPY crossesTechnical AnalysisAUD,NZDGBP crossesEUR/USD
I've updated some of the shorter-term technicals in the members section: EUR/JPY; still trading in…
February 14, 2013
AUD/NZD: Don’t get caught long
All I can do is repeat the same thing everyday; the big macro funds are long and wrong and trying…
February 14, 2013
AUD/USD: Prefer to sell-rallies intraday
Trade IdeasAUD,NZDFlows and Orders
AUD/USD has popped above yesterday's highs near 1.0360 but with hedge fund selling interest (they…
February 14, 2013
AUD/CHF technicals: Inverted H&S on 4-hour chart
OthersTrade IdeasAUD,NZDTechnical Analysis
Many thanks to Jordan for pointing out the inverted H&S on the AUD/CHF 4-hour chart. Not…
February 13, 2013
AUD/USD: More trailing stops going off above 1.0350
I think this is the last of those trailing stops I mentioned earlier and further gains are going to…
February 13, 2013
USD outlook: Still fancy a higher USD in shortish term
USD/JPY is leading the way and with the Japanese corporate community significantly over-hedged,…
February 13, 2013
RBA: Rate cut chances put at 41% for next month
Cash rate futures are putting the chances of a rate cut next month at 41%. The AUD is drifting…
February 13, 2013
AUD/USD: Trailing stops targeted
Some weak trailing stops are being targeted above 1.0335 and there are more above 1.0350 but hedge…
February 13, 2013
AUD/NZD: Exodus of longs continues
The pace of selling has slowed down in recent times but Prime Brokers still report that the big…
February 12, 2013
CHF, USD edging higher after reports of North Korean nuclear test
The usual safe haven currencies, the CHF and the USD, have been edging slowly higher over the last…
February 12, 2013
AUD barrier breached at 1.0250
Local banks are reporting another barrier at 1.0200 as well as some substantial bids from a variety…
February 12, 2013
AUD/USD: Barrier protection at 1.0250 and 1.0200
Even if the first one gets breached during Asian trade, there is another barrier and asset manager…
February 11, 2013
Not seeing too many clear-cut trades at the moment
AUD,NZDJPY crossesOthersTrade IdeasEUR/USDEUR crossesGBP crossesFlows and Orders
EUR/JPY still looks soft but the risk-reward in selling at current levels is not very attractive,…
February 8, 2013
Strong Chinese export numbers give risk trades a boost
Looks like the Asian market has got very little interest today with only small moves happening…