AUD crosses sitting right on resistance levels


AUD/USD technical target looming at .9720 (see chart); AUD/JPY has broken above recent highs at…

EUR/USD: Technical resistance at 1.3710


Barrier at 1.3700 was breached on Friday; Technical resistance at 1.3710 (see chart) is next to…

USD/JPY: Both components looking like funding currencies


With tapering in the US looking less likely, the market has been ploughing back into 'risk-on'…

Cable: More gains look likely


This is still my preferred vehicle for trading the bearish USD view and until the short-term trend…

AUD/USD: Looking to trade .9550/.9715 in coming sessions


USD bears in complete control again; Risk trades got a boost as 'tapering' liklihood reduced; Real…

EUR/AUD: Backing off short-term resistance levels


Even though there is the possibility of a double-bottom on the hourly chart I am still in the…

EUR/GBP: Don’t be in any hurry to book profits on shorts


Obviously I'm bearish and with a technical top in place near .8495 I don't see any reason to be…

No obvious trades as markets stay in doldrums


Nobody wants to trade ahead of tomorrow's deadline and I'm certainly not blaming them. EUR/GBP:…

EUR/GBP: Shorts preferred with stops above .8505


This pair is less likely to be affected by any debt-deal silliness so we can start paying attention…

EUR/JPY: Think I stopped out near the top


Certainly not the first time I've been stopped out near the top and probably won't be the last. My…

Cable finding plenty of support near 1.5915


There have been plenty of minor moves on the crosses but the big USD pairs remain relatively…

USD/JPY: Time for a bearish session perhaps?


Lack of progress in Washington will be bearish for USD; Chinese data will be bearish for risk;…

EUR/JPY: Hoping to exit short position near 132.75


Sentiment is quite bullish on the Yen crosses and my attempt at going short yesterday near 132.10…

EUR/JPY: Small short in play


I was in sell-rally mode this morning in EUR/JPY and am dipping my toes in the water with a small…

NZD/USD breaking below strong technical support at .8265


Horizontal support line at .8265 has been breached and looks like stops triggered below (see…

Australian jobs data main risk event this morning


AUD/USD short-term chart looks moderately bullish although its not at attractive levels for buying…

Cable: Patience required for dip buyers


Apologies to those who I've confused between my postings here and in the chat-room; I will try and…

USD staying soft in early Asian trade


Once again it's been quiet during the Asian session and the only announcement of note has been that…