AUD/USD: Stops going off above .9250


The USD bulls are in for a torrid day it seems! Next resistance in the AUD/USD is at .9340.

USD/JPY: Downside risk now very real


I've thought for weeks that USD/JPY is likely to stop everyone out in extended periods of volatile…

Hope you’re making sense of all this whip-saw trading


We have seen some quite wild moves in all pairs over the last few hours, quick swing traders will…

EUR/JPY: Play wide 126.50/129.00 range


I certainly didn't expect it to fall so quickly, but I guess that's the point; no-one else did…

AUD/USD: Taking small profit off table at .9225


The Yen crosses are turning lower and I'm a bit worried that AUD/JPY is stabilising back below…

EUR/JPY: If the EUR is to break lower, this could be the driver


I've just had a long look at the EUR crosses, trying to find some reasons to be bearish, and the…

EUR/USD: Risk-reward would seem to favour the (brave) bulls


I'm in a huge minority in the FX market in that I very seldom trade EUR/USD. I much prefer to trade…

EUR/AUD: Mightn’t be a bad idea for shorts to book some interim profits near 1.3900?


I know many people have been trying, some successfully, to pick a top in this cross between…

AUD/USD: Hourly chart looks more constructive amid fresh highs


I think its safe to say that momentum is still relatively weak (see chart) but I expect that to…

EUR/JPY: 200 pips lower since yesterday’s false break


This happens a lot in the FX market; all eyes are on one level and the market anticipates a break.…

If the AUD can’t fall on bad economic data, then it must be going up


The interbank guru @FXWW303 has been selling the AUD today but I must say I disagree with him this…

Modest NZD selling noted in early trade


There isn't much going on this morning with only some modest NZD selling to report from the…

JPY session outlook: Looking to AUD/JPY for leads


Market is not expecting any major developments from BOJ minutes. Big Japanese players were noted…

AUD session outlook July 10th; short-covering picking up pace


The market has sold a lot of AUD/USD in recent weeks and the big question is, where will the big…

Wild moves on the crosses and more to come


The AUD was the first mover, recovering after poor domestic business conditions data and taking…

Cable: Still likely to be stale longs happy to sell intraday rallies


The GBP looks pretty heavy still against the EUR and the AUD and I'm sure there are still some…

AUD/USD: Moving my sell orders higher


This AUD market smells very oversold to my biased nostrils and I have a feeling that there will be…

AUD: Heavy short-covering taking place


Reports of heavy AUD short-covering against the USD, JPY and CHF. A lot of traders have been…