Levels to watch today (but don’t expect them to be challenged!)


EUR/JPY resistance at 131.10/20 AUD/USD short-term technical edges at .9170/.9300 EUR/GBP, prior…

Best to sit back and see how market wants to react


The statement from Mr Bernanke that all options are still on the table and policy decisions are…

Cable: Decent technical resistance near 1.5280


Nice rally in the GBP after the MPC minutes and cable is back above 1.5200. There is decent…

EUR/JPY fast approaching technical resistance at 131.10


I'm really not sure what is driving the EUR/JPY higher from these already lofty levels but if…

Best way to trade Bernanke speech is with no fixed position


Honestly I feel that it could go either way after the prepared speech is released at 08:30 am NY…

Bernanke likely to hint at taper dates


I'm definitely not an expert on Fed-speak but some buddies in the bond market follow Ben's every…

EUR/USD outlook: Still looking moderately bullish


The biggest clue to the immediate future for the EUR/USD came in the aftermath of the FOMC; a 400…

AUD/USD intraday outlook: Buy dips towards .9170 looking for .9300 re-test


Overall market sentiment is still bearish AUD so I wouldn't chase it higher just yet, something…

USD/JPY: Favour selling intraday rallies for test of 98.30


The possible Head-and-Shoulders formation in EUR/JPY is still relevant. AUD/JPY looks to be in…

AUD/USD: Important resistance .9300/50


I'm pretty annoyed with myself for selling 1/2 my long position at .9170 yesterday, probably one of…

GBP/JPY getting smashed lower after UK CPI


So much for the GBP buyers today, GBP/JPY is well over 100 pips lower than earlier session highs…

AUD/USD: Lightening up on long position


I'm taking a little profit off the table here at .9170 as resistance at .9185/90 has held firm and…

EUR/JPY: Nearing right shoulder of H&S formation


There is quite a nice H&S formation here with a right shoulder at 131.15. We can expect to see…

Prefer to play the USD from the short side intraday


I don't have any strong reason for this bias, simply that pairs like AUD/USD, EUR/USD and GBP/USD…

AUD/USD: Decent sized orders nearby


Dealers have their eyes on stop-loss buy orders above .9195 but first have to get through decent…

EUR/GBP trade idea: Short based on expected flows


This comes from a friend in HK who normally has very good insights into upcoming flows. He has sold…

AUD/USD: Hanging on to longs for now


A combination of the budget cuts announced by the Australian PM and the RBA minutes (not…

AUD/USD: Shorts getting nervous ahead of RBA minutes


And so they should be! With the daily chart looking so heavily oversold! But, sentiment remains…