Big data events looming later today


Most of today's action was in regional stockmarkets which were up to 3% lower; USD/JPY rallied 50…

AUD/NZD: Testing short-term technical support near 1.0780


Previous hourly highs and a 6.8% retracement level sit at 1.0780; The bounce in USD/JPY is putting…

Silver still capped below $20.50


The market is still talking about this $20.50 level in Silver so the stops through there must…

New Zealand business confidence hits 14-year highs


The NZD has jumped this morning after very strong business confidence data. AUD/NZD is back below…

Positional adjustment still the name of the game


First things first, if you're looking for intraday trading ideas then either ignore what I say or…

NZD/USD: Settling above previous hourly highs


Selling the NZD/USD was obviously not a good idea and the break above previous hourly highs at…

USD/JPY runs through stops sub-103.70


Looks like the strong CNY fix was the catalyst for AUD/USD to clear .9000 and for USD/JPY to slice…

Tokyo holiday adding to quiet trading conditions


Nothing going on today in the Asian market so best take advantage of the quiet conditions to get…

Few cheap-n-cheerful trade ideas to start the week!


USD/JPY: Buy at 103.70 with tight stop below 103.30, targeting 105.40; Cable: Buy at 1.6440 with…

Quiet start to interbank trading week


USD/JPY is slightly lower compared with Friday's close, currently trading near 103.90, but it will…

Silver: Break above 20.50 will trigger large short-covering


I haven't been trading Silver at all actively in recent months and I don't have a strong feel for…

Price reactions post-NFP tells us plenty about market positioning (and comfort levels)


The AUD made some big gains across the board after the NFP telling me that the market is…

Cable: Building short-term base near 1.6450


As you know, I'm a bit one-eyed when it comes to the GBP but it continues to trade very…

AUD/NZD: Cheap and cheerful trade for the contrarian bulls


Nobody knows whether this is the bottom or not but at least you know where to put your stop. Buy…

Focus remains firmly on the crosses


Significant reports that China was selling NZD/USD in overnight trade near .8270 AUD/NZD support…

Levels to watch in AUD crosses


Market currently testing trend lows in AUD/NZD near 1.0730; EUR/AUD sell orders reported near Fibo…

AUD/JPY might be worth watching today


Some of the bigger players are looking at AUD/JPY this morning with talk of fairly large technical…

USD/JPY: Expect a volatile 48 hours but 103.70/105.50 set to hold


The uptrend since 97.00 has been quite steep and almost without retracement. The market is very…