AUD/USD staying heavy but .9000 remains untested today


The market is all beared up again on the AUD and local banks are now calling for another 2 rate…

Asian session, July 31st: Yen crosses staying very heavy


It was very quiet in overnight trade and we can expect exactly the same in Asia with nothing of…

AUD/JPY takes out previous trend lows


AUD/JPY has broken marginally below previous trend lows at 88.95 whilst AUD/USD is trading near…

EUR/AUD: Next major technical target at 1.50


Remember the beautiful basing formation on the weekly chart (see chart)! Well most of the oversold…

AUD crosses failing to bounce at all


EUR/AUD is 200 pips higher on the day and showing no signs of weariness just yet. AUD/JPY has…

USD/JPY: Sell orders noted 98.60/65


The support levels we mentioned this morning at 97.60 have done the trick and USD/JPY is in…

AUD/USD likely to re-test .9000


Mr Stevens did what all good central bankers do and talked his currency lower. Stops were triggered…

AUD showing some early weakness


As I mentioned earlier, the AUD is looking weak today against most of the other majors. Intraday…

EUR/USD: 1.3300 option barrier rolled off overnight


Thanks to @FXWW888 for the inside rub that the well-defended 1.3300 option barrier rolled off…

CAD/JPY and GBP/JPY: Talk of good-sized selling interest


Unfortunately I don't pay much attention to either pair and the levels at 95.35 and 150.00…

USD/JPY: Trying to form short-term base near 97.60


The market seems to be getting a bit bearish in the short-term on USD/JPY and it may be ripe for a…

AUD: Levels to watch in today’s trade


Should stay quiet with only a speech by RBA Governor Stevens to look forward to. Previous short…

AUD/USD: Case for bottom pickers looking a bit shakier


I thought that the AUD/USD bottom-pickers were holding some pretty strong cards yesterday and the…

AUD/USD: Topside pressure should increase as AUD/JPY nears 90.00


The JPY crosses are weak in the face of heavy positional liquidation and AUD/JPY is drifting…

USD/JPY: Technical support near 97.60 but selling rallies favoured


If you are a strong believer that this pair is in an up-trend then you can consider buying Fibo…

EUR/USD: Overall bullish but….


The USD has started to lose its shine and the market is trimming longs at the moment. EUR/AUD…

AUD/USD: Still prefer to buy dips for break above .9350


As with USD/JPY, I expect positional adjustment to be main factor in the AUD/USD. AUD/JPY is still…

USD/JPY: Plenty of volatility, perfect for the day-traders


Position unwinding ahead of August holiday period is main factor at play here. Latest data shows…