USD/JPY: Likely to stay quiet but downside risks in short-term


The August holidays are in full swing and we can expect another very quiet session in Asia. USD/JPY…

AUD/USD: Looking mildly constructive on short-term charts


The AUD/USD hourlies (see chart) is showing a mildly constructive pattern of higher-lows and…

Levels to watch for during European trade


USD/JPY should be pretty toppy now on any approach to 99.00; bids reported to be solid at 98.10…

Big interbank broking platform takes steps to rein in high-frequency traders


Interesting to note that much of the activity was on the AUD/USD; more from Reuters.

FXWW-Reuters chatroom


Batch 3 is about to be processed so if I've forgotten you or you'd like to apply for the free…

Staying very quiet in Asian trade


Early stop-loss run has been completely reversed in USD/JPY; London holiday today is giving…

NZD steady after disappointing trade data


AUD/NZD could well be the pair to watch today with Prime Brokerage sources referring to decent…

EUR/JPY grinding higher, eyeing important resistance at 132.75


This pair has proved to be very resilient in recent times and we are likely to get a test of…

USD/JPY: Prefer to sell intraday rallies


USD/JPY had a really good chance to go higher on Friday with a big technical break encouraging…

AUD/NZD looking like a buy-dip proposition


There is still some trend-line resistance close by in the AUD/NZD but the break above 1.1550…

USD eases lower as US yields top out


USD/JPY has been the main mover this morning, dipping to lows below 98.20 in early interbank trade…

Cable: Looking to exit longs on test of 1.5750


There is major resistance at 1.5750 in the cable and I'm not sure if we will get that much of a…

USD/JPY still looks like key pair amongst the majors


Option dealers are saying that a break above 100.00 would change the landscape considerably and…

Plenty of orders to keep ranges tight in Asia


Hedge funds were very active in USD/JPY, buying aggressively for the 4th straight session; Sell…

AUD pops higher on talk of PBOC RRR cut


Chinese official newspapers quoting a state economist saying PBOC may cut RRR in coming months. The…

EUR/USD outlook: Range trading likely between 1.3280/1.3425


EUR/USD is still unable to generate significant momentum; Banks and prime brokers report heavy…

USD/JPY outlook: Trading right at top of wedge formation


Break out of consolidative wedge formation (see chart) should see prices testing 101.40; Hedge…

AUD outlook, Friday August 23rd


Prices stalled at the 76.4% retracement of the .8850/.9240 rally (see chart); AUD/NZD looks likely…