AUD/USD: Corporate demand returns but still feels heavy (play .8825/.9125 range)


Speculators are heading for the sidelines ahead of the FOMC which will be a big risk event for…

EUR/GBP: Strong technical resistance near .8460 holding firm for now


The 100-dma and a 61.8% retracement (see chart) are providing very solid resistance; The bearish…

Cable: Risk-reward favours short-term bulls


Recent trend has been strong and bears will need to be careful of selling into weakness; FOMC and…

Levels to watch in Asian trade, Monday December 16th


Cable: Looks like 1.6240/50 is looming as the big level to watch here and a break below could see…

Technical glitches in Gold market this morning


Stops were triggered in USD/JPY above 103.50 after Gold seemingly fell by 2% but it turns out the…

Cable: Could be in danger of sharp spike lower


Heavy trailing stops are reported below 1.6265 and 1.6240; Market has been buying cable for some…

AUD/USD still looking very heavy, more losses in store


Markets are getting increasingly thinner in the lead up to Christmas and some big players like…

USD likely to stay bid through the holiday period


Most of the big recent moves have been in the crosses but the USD is looking increasingly likely…

Today is the 30th anniversary of the AUD float


Obviously way way before my time but I believe the AUD/USD had been hanging around 89 cents before…

AUD/NZD under pressure after RBNZ statement


Looks to me as if the market was in base-picking mode for last few days and now we are seeing their…

EUR makes gains across the board as progress made on bank-plan


Reuters reported that the EZ is making significant progress in coming up with a plan to tackle…

AUD: Real-money and reserve managers continue to sell


It will be difficult for the AUD to rally whilst bigger players are selling into increasingly…

USD/CAD medium-term overview: Headed for 1.17+?


I'll start this analysis with the Rider that my track record on the Loonie is not that strong and I…

Aussie float party reminder


Just a reminder to all you dinosaurs out there who were in the interbank market 30 years ago when…

Silver closing in on resistance levels


Silver is up 50 cents from yesterday morning and the contrarian trade we looked at is looking…

Levels to watch during Asian trade


USD/JPY: Trying to form a double-top at 103.35 and some heavy profit-taking was reported yesterday…

EUR/CHF: Large barrier protection ahead of 1.2200


By the way, if you want more regular information on flows and orders then be sure to follow Milan…

Big player reportedly selling GBP/JPY


The giant Norwegian state pension fund has reportedly been selling GBP/JPY above 169.50 in early…