December 5, 2012
AUD/USD: Still plenty of interest on order books 1.0510/25
Sell orders still reported 1.0510/20 and large stop-loss buy orders above 1.0525. By my reckoning,…
December 4, 2012
AUD/USD: Intraday stops building above 1.0490
No surprise to hear that, although there is still talk of solid sell orders between 1.0500/20. I'm…
December 4, 2012
AUD/USD: If it breaks cleanly above 1.0550 then I’m giving up
I've been running a short strategy in AUD/USD for some time now but I must say I'm starting to get…
December 4, 2012
Market now pricing in 60% chance of rate cut in February
That's two months ahead of the event so you can't tell me that the statement was anything other…
December 4, 2012
RBA: “Headline CPI will rise above 3% briefly”
Looks like this sentence in the statement is what has caused the AUD to rally. Doesn't make sense…
December 4, 2012
AUD rallies despite rate cut and ‘neutral’ statement
The teflon currency strikes again. Looks like the intraday market was short but to rally by 40 pips…
December 4, 2012
AUD/JPY: Bears looking for break below 85.20
According to positional reports in the professional market, it would seem that there has been…
December 4, 2012
AUD session outlook
Obviously the rate decision is the big risk event today and I'd expect the market to stay…
December 3, 2012
RBA tomorrow: Futures market pricing in 90% liklihood of a 25bps cut
We should be in for a busy day tomorrow here in Asia, in fact the whole week should be busy. No…
December 3, 2012
EUR/AUD: Looks like stops triggered above 1.2500
Technical AnalysisAUD,NZDEUR/USD
The AUD is staying weak after the poor domestic economic data and EUR/AUD has gapped sharply higher…
December 3, 2012
AUD/JPY tests first layer of bids after weak data
We are presently trading near 85.70 after weak domestic job-ads and retail sales data. AUD/USD is…
December 3, 2012
AUD/USD: Order books pretty bare ahead of data dump
Flows and OrdersJPY crossesAUD,NZD
We are probably better off keeping an eye on AUD/JPY, as that's where the most positions are being…
December 3, 2012
Day ahead in the FX market, Monday December 3rd
EUR/JPY opens slightly lower, trading at 106.90 in early Asia after closing on Friday at 107.10:…
December 2, 2012
AUD/USD outlook for the week ahead: Risk events looming with retail sales, RBA decision and jobs data.
This pair is due for a major move and the trifecta of local risk events allied with…
November 30, 2012
Chances of RBA rate cut increase
Australian private sector credit grew by 0.1% in October against expectations of +0.3%. The futures…
November 30, 2012
EUR/AUD technicals: Resistance looming at 55-day MA
Technical AnalysisAUD,NZDEUR/USD
The short-term charts look bullish after the break above 1.2420 but there is resistance…
November 30, 2012
AUD/JPY: Trade with an intraday bearish bias
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
The AUD has been under mild pressure for the last 3 sessions as medium-term longs start hedging…
November 29, 2012
The beginning of a EUR bull move on the crosses?
EUR/USDEUR crossesAUD,NZDGBP crosses
Well I for one certainly hope so as I'm long EUR/AUD and EUR/GBP through the legs (I've given up on…