AUD/JPY likely to be the key intraday mover


Strong technical resistance at 89.00 in AUD/JPY. AUD positioning remains at extreme short levels,…

August 13th: Silver continues its march higher, Yen slightly lower on FX markets


I've closed out my USD/JPY shorts for a tidy profit, preferring to play the USD-bear card through…

EUR/USD: Should be very well supported on dips to 1.3250/80


Just reading some reports from Deutsche and Goldman Sachs and both have pretty much the same view;…

Cable: Prefer to buy intraday dips to 1.5430


The main factor still for me in the cable is the impulsive nature of last week's move from 1.5200…

Gold: Big buyer in thin pre-Tokyo markets


Reuters are reporting that a big buyer emerged in very thin pre-Tokyo Gold futures markets and this…

USD/JPY below 96.00 after GDP data


It's unusual for USD/JPY to move too far on domestic data, so the fact that it fell 30 pips is more…

Gold and Silver march higher in early Asian trade; could be USD/JPY bearish


It looks like renewed attention on the European debt situation and bank stability has helped to…

NZD/USD: Decent risk-reward for bears today


This is not a pair I trade, having lost enough for this life-time on the NZD :( , but I do think…

AUD/USD: Partial profits booked on long position as .9200/20 resistance must be respected


If you remember back a couple of weeks, it was the break below .92 cents which accelerated the…

Monday August 12th: Quiet start to early interbank trade


Morning all. AUD bulls are a having a better time of it over the last few sessions and the AUD/USD…

AUD/USD: Leaving first t/p orders near .9200


The next batch of trailing stops seem to be going off above .9130 and I'm hopeful that I might…

GBP/AUD: Watch out if it falls below 1.6870


There is a short-term topping pattern in both EUR/AUD and GBP/AUD, but have a look at the daily…

AUD/USD: Tight stops below .9080 could be endangered in early London trade


AUD/USD is starting to drift a bit in afternoon trade and dealers report trailing stops below .9080…

RBA Report: If it’s not dovish, that must be AUD bullish, or?


AUD/USD has edged a bit higher after the RBA monetary policy report was published. There were no…

AUD/JPY higher in early Tokyo


AUD/JPY is +0.3% in early trade and bottom-pickers will be hoping that previous resistance levels…

EUR/USD: Plenty of stops expected through 1.3425


Market sentiment has been bearish in recent times and yet this pair keeps grinding higher. The…

Outlook for major pairs August 9th: Trading focus to stay on the crosses


USD/JPY: I'm still short and I remain bearish. Much will depend on short-term flows in the crosses…

AUD/USD confirms yesterday’s bullish break


My long position is looking increasingly healthy and I'd expect prices to stay now above .9030/40,…