USD/JPY: Expect tight 97.40/80 range


This pair is stuck between the 200-dma at 97.38 and reported corporate sell orders at 97.80. I'm…

GBP/AUD: Intraday short trade in play


Stops reported in cable below 1.6100 and we usually get some heavy EUR/GBP demand at this time of…

AUD: Watch for news-wire headlines from Glenn Stevens speech


"29 October 2013, 9.30 am AEDT Opening remarks by Glenn Stevens, Governor, to Citi's 5th Annual…

Market still in waiting mode: Levels to watch today are…


Not exactly sure what we are waiting for, but I hope it happens soon! The big storm in Europe…

USD: Sentiment still bearish but some big support levels continue to hold


USD/JPY: Until we get a strong daily close below the 200-dma (currently at 97.38), the bulls will…

Fed dove-hawk scale


If you've been losing sleep wondering where all the Fed members sit on the dove-hawk scale, then…

FX market staying very slow mid-way through Asian trade


AUD a bit higher across the board with technical buying against the EUR and JPY helping the…

Here’s one which all ‘content’ providers will relate to


Very boring market this morning so here's a thought-provoking piece from the NY Times which is…

EUR/AUD technical trade idea for the bears


Sell rallies to neckline resistance at 1.4440 (see chart) with fairly tight stops. This level is…

AUD/USD technicals: Short-term support levels near .9570


The big levels to watch are very clear on the daily (see chart), with support at .9510/20 and…

USD/JPY opens higher in Asia on mainly technical buying


The failure to end last week below the 200-DMA, today just below 97.40, has encouraged a bout of…

Stops aplenty in cable and USD/JPY


There are rumours that the BoK started buying cable, recycling their earlier intervention, and…

NZD staying weak in early Asian trade


NZD/USD has broken below overnight lows at .8320 and AUD/NZD is testing daily highs near 1.1550.…

AUD/USD: Soft feel this morning, risk-off Friday


Mixed pictures on the crosses with AUD/JPY looking soft, targeting 92.80, and EUR/AUD looking…

NZD continues to look very weak on the crosses


AUD/NZD close above 1.1500 could be an important psychological turning point; EUR/NZD has an…

USD/JPY: Sitting right on the 200-DMA


Heavy offers reported between 97.70/85; Technical support at 97.25 200-DMA (see chart); Weekly…

Sovereign buyers drive EUR/USD through 1.3800; 1.42 here we come


The barrier has been breached and stops above 1.3810 have been triggered after fresh demand was…

AUD slightly higher after Chinese PMI data


New orders came in at a 7-month high and the 50.9 reading was a modest improvement on last month's…