AUD outlook, Tuesday October 8th


No major orders reported within 80 pips either side of AUD/USD market; Important technical support…

USD/JPY: Ready to test important support levels


As I mentioned yesterday, the bids between 96.70/90 were very large; Semi-official names and…

USD/JPY: Large bids reported between 96.70/90


The low so far has been 96.87 and interbank dealers report large bids at regular intervals between…

Very quiet in Asia with China and Australia closed


USD/JPY has looked like the pair most likely to move with heavy stops touted below 96.50 but the…

AUD/USD: Buying dips favoured for .9525 re-test


USD sentiment remains weak amid on-going US budget impasse; AUD has started to recover strongly on…

USD/JPY: 96.60/75 looks like the pivotal level to watch


Depending on which charting system you are using, the 200-day SMA comes in somewhere between…

Cable: Looking to re-buy on dips towards 1.5940/50


The vertical up-trend has finally started to retrace after the market got itself bullish at the…

Cable: Profit target hit, now looking to re-load on deep dips


Despite getting stopped out on my first attempt at building a long position, this trade has treated…

RBA policy statement, October 1st


"At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Recent…

AUD/USD: Hourly resistance at .9400 but buying dips favoured


The USD is out of favour after the deadline of midnight came and went without any end to the budget…

GBP, NZD remain in favour whilst others chop around


The trend has been very solid over the last few months with the market happy to buy the GBP and the…

AUD/USD Techs: Fibo support held firm at .9285


The 38.2% retracement of .8890/.9525 came in at .9285 (see chart); AUD/NZD sitting just above…

Plenty to watch out for on today’s economic calendar including RBA


Japanese Tankan report doesn't have same impact that it once had but is closely watched…

Cable: Lack of momentum increase above 1.6160 infers top could be imminent


Price action usually tells us all we need to know about a pair and the fact that there was no…

JPY crosses bounced off key support levels


NZD/JPY (see chart) support at 80.40 remains untested; AUD/JPY (see chart) shows similar picture…

AUD/USD: Technical support at .9280


The 38.2% retracement of the big rally from .8890 to .9520 comes in near .9280 (see chart).

EUR/GBP: Major selling flows expected during European session


Our resident hedge fund insider @FXWW888 has been updating us via the FXWW-RM chat-room on all the…

EUR/CHF: Recent lows holding for now near 1.2215


June lows at 1.2215 hold for now (see chart); Political turmoil in the US and Italy are heaping on…