September 29, 2014
NZD/USD: Longs stopped out on Friday night
I don't know why I'm so surprised at getting my levels so comprehensively wrong, as its happened…
September 26, 2014
NZD/USD: Still long, lets see how it finishes the week
Like I said yesterday, I've not been calling the market very well so I'm keeping risk pretty tight…
September 25, 2014
NZD/USD: Testing waters with small long position
AUD/NZD is testing short-term resistance levels near 1.1060 NZD/USD has important longer-term…
September 25, 2014
AUD/NZD: Range trading 1.0920/1.1060 likely for next few sessions
Like most FX pairs, and perhaps even more than most, AUD/NZD spends the vast majority of the time…
September 24, 2014
NZD: Fonterra cuts forecast milk payout
Fonterra, the big NZ dairy company, has cut it's forecast to NZ$5.30/kg from NZ$6.00/kg. This had…
September 23, 2014
AUD and NZD risk event: HSBC China flash PMI
Most analysts are predicting that the latest HSBC version of Chinese PMI will come in pretty close…
September 22, 2014
NZD opens higher after strong election win by ruling Nationals
The focus of the last 2 weeks has been firmly on the GBP but now the market should return to some…
September 12, 2014
Model/hedge funds exiting AUD longs as market vols spike
The main driver behind the AUD selling this week would seem to be related to the sharp increase in…
September 12, 2014
AUD/USD: Still long and looking wrong
After the strong jobs data yesterday I'm quite amazed to see the AUD down across the board. But the…
September 11, 2014
AUD/USD update
The strong Australian jobs data has been forgotten and the AUD/USD is being dragged lower by a…
September 11, 2014
AUD/USD: Adding to long position
I bought AUD/USD yesterday on the dip below .9150 and I'm adding to this position this morning near…
September 11, 2014
RBNZ main risk event this morning
The recent downtrend in the NZD has been very strong indeed and despite the upcoming RBNZ meeting,…
September 10, 2014
AUD/USD: Longs in play
I must say it does look very heavy indeed but I've taken the plunge and bought in at .9150 and…
September 10, 2014
AUD/USD intraday outlook, Sept 10th
The breaks below .9230 and .9200 in the same session show just how powerful the bear move has been.…
September 9, 2014
AUD/USD: Back to test important levels near .9270
The price action around this .9270 level has been quite bullish in recent weeks and when we look at…
September 4, 2014
NZD/USD: Bearish outlook after AUD/NZD breaks higher
Again I'm on the sidelines here after failing to read this move correctly. The immediate break in…
September 4, 2014
AUD bears beaten back yet again
Like I've mentioned a few times in the last few days, price action at .9270 in the AUD/USD has been…
September 2, 2014
AUD unchanged after RBA decision and statement
The AUD "remains above most estimates of its fundamental value" according to the RBA statement but…