USD steadies but set to remain under pressure


We've seen some decent sized moves today in USD/AXY with USD/KRW down at 16-month lows and the big…

AUD/USD: Book intraday profits and re-load on dips


Unfortunately I didn't take my own advice and buy the dips this morning towards 1.0380, but at…

US House of Reps to vote on fiscal-cliff bill in 15 minutes


The Senate already passed the bill and it looks like the House will do the same when it votes…

Useful AUD facts (or not so useful!): AUD/USD headed for 1.07 in January!


Many thanks to the mine of information, David Scutt at Arab Bank, for some useful A$ facts to open…

AUD/USD session outlook: Risk-reward favours buying dips


     With Japan and China closed today, it should be relatively quiet in Asia, with only potential…

AUD/USD: Mild short-covering takes it back above 1.0400


     The failure to post fresh short-term lows below 1.0350 is forcing the bears' hand and we are…

Plenty of volatility in thin overnight markets


The FX market will not return to full strength until January 7th although we should see some…

EUR/AUD m/t technicals: Pivotal resistance looming at 1.2925/50


     Once again its best to look at the longer-term charts to get a feel for what might happen in…

AUD not showing any inclination to bounce


International asset managers have been buying Australian stocks this month, leading to a 3% rise in…

AUD/USD: Selling rallies preferred intraday


     The short-term downtrend is in control for now and with the overall market reportedly still…

AUD/USD: All about stop-loss orders over holiday period


As I mentioned just before the holiday period began, dealers had been eyeing size-able stops below…

Order info updated


The delay in fiscal cliff negotiations has obviously affected risk sentiment over the last few…

AUD/USD: More stop-losses on downside and lack of Sovereign buyers


AUD/USD broke below previous-highs-come-support at 1.0510 and quickly triggered decent sized stops…

Big levels to watch for during the European session ahead


AUD/USD: 1.0510 was the previous high which has held firm for two tests over last few days; watch…

EUR/AUD technicals: Targeting trend-line resistance near 1.2725


     The break above 1.2540 has given short-term bulls some added impetus but it seems unlikely…

AUD/USD: Stops below 1.0490 coming into view


EUR/AUD buying seems to be the main factor at play and AUD/USD is now trading at recent hourly lows…

AUD unchanged after RBA minutes


No major change in the AUD after the minutes. It will stay quiet from here by the looks of this…

Downside stops in EUR/USD and AUD/USD


Stop-loss sell orders getting mentioned on the early European grapevine with 1.3115 in EUR/USD and…