RBA financial stability review


The very keen among you can read all the glorious details here.

AUD/USD: Offers nearby


Local interbank dealers say that there is some selling interest close-by near 1.0435 but overall…

Asian market open


You can read my opening comments on FX Street.

Cable: Look to cover partials near 1.6160/70


I remain bearish but will look to book partial profits near 1.6170ish, hoping to re-sell on 100 pip…

Hoping for some volatility in Europe


Fairly quiet session in Asia with one-way traffic mainly, risk trades easing slowly lower. USD/JPY…

AUD/USD: Tokyo squeeze but still looking soft


AUD/USD touched 1.0400 before Tokyo went to lunch but then we got the usual squeeze higher in thin…

AUD/USD: Price action says “lower” to me


I went short on Friday night and I added to this position after the unconvincing price action above…

“Short the screen” to start the week


I sold AUD/USD, cable and EUR/USD on Friday and although I was a bit nervous over the weekend that…

Monday September 24th Asian market open


You can read my opening comments on FX Street.

AUD/USD: Building fresh short position


I went short on Friday night and I will be looking to build a strong position over the coming…

AUD/USD stalling near yesterday’s highs


This 1.0470 level was the high yesterday morning so we may see some weak stops going off above…

AUD/USD moves higher alongside equity markets


The Nikkei is +0.3%, the Kospi is +0.4% and the AUD/USD has gotten a lift and is now back at…

AUD/USD intraday outlook: Range-trading likely between 1.0370/1.0470


Yesterday mornings highs just above 1.0470 are the first obvious resistance level and…

AUD/USD: I’m looking to buy dips


We saw some decent buying this morning from real money funds at 1.0460 and now the pair is already…

AUD/JPY still getting smashed: Chinese warships on the move


A quick look at the daily chart shows that there has been a huge move lower in AUD/JPY today. The…

How to go poor trading FX, part I


Sell dips in Asia! Yes just occasionally the market starts a move in Asia but don't forget that the…

AUD/JPY techs: Looks bearish but key support looming


The 4-hr chart shows that this pair has broken below a pivotal level at 81.80 but there is more…

Risk trades getting hit as Chinese stocks fall


I'm now in sell rally mode on pairs like EUR/JPY, EUR/USD and AUD/USD as risk appetite wanes in…