Quiet start to interbank trading week


The AUD did try to move a bit higher in very early trade, with talk of trailing stops above the…

Levels to watch on Monday morning


AUD/NZD: Closed last week right on long-term technical support at 1.2310 (same old chatter still…

EUR crosses on the rampage


EUR/GBP and EUR/JPY are the stand-outs with long-term players exiting EZ short strategies across…

And on to the contentious issue of fair value


Just like the age-old questions of 'what's the best song ever written' or the 'greatest goal ever…

Retail platforms reporting very heavy turnover in recent weeks


All of this volatility is encouraging lots of turnover and retail platforms seem to be universally…

Market settles down for quiet afternoon post-PMI


Wishful thinking perhaps on my part. I've added to my AUD/JPY short position and this is one where…

AUD/JPY: Time to take a risky short position


I've just gone short at 95.50 with a tight-ish stop above 96.00. I have no set level yet but will…

AUD/USD: Don’t get too bearish near range lows


The official Chinese PMI data was lower than expected and now we await the HSBC version. There were…

Market gossip very quiet today


There have been the usual rumours about tomorrow's China PMI number but nothing worth listening…

When will the USD start to trend


Obviously we've been having some huge cross moves over the last few weeks and in my experience…

AUD/USD: Those hedge fund offers capped the pair nicely


Lots of cross action happening in the AUD as well, with EUR/AUD through the proverbial roof. Hedge…

AUD/USD: Some big hedge funds noted sellers in recent sessions


No, I have no idea why but it is nevertheless interesting to note that 2 of the big hedge fund…

Order levels in EUR/USD, USD/CAD, AUD/USD set to get tested in Asia


EUR/USD; barriers and Sovereign sell orders reported at 1.3500: USD/CAD; solid buy orders…

AUD/USD: Hedge fund sell orders above the market


AUD/USD has benefited today from reasonably decent business confidence data and also decent New…

Technicals updated


I've updated EUR/CHF, EUR/USD and AUD/USD technicals in the members section. Briefly, EUR/CHF is a…

Bit of chatter on the Gold front


Just reading a report from one of the big Prime Brokers on overall professional positioning in the…

Quick overview of Asian FX market


Apple stock was over 10% lower in after hours trade giving risk-sentiment in Asia a negative……

AUD/JPY: Might be worth a quick short at 94.10?


The Apple crumble (pardon me, couldn't help myself :) ), the 10% fall in AAPL after the revenue…