AUD/USD: Adding to longs at .9075


AUD/JPY support at 88.70 has broken but there has been no significant follow through. EUR/AUD has…

EUR, GBP still looking quite strong


Any big move higher in EUR is likely to be driven by equity-manager flows according to bank…

EUR/AUD technicals: Vital levels now at 1.4450/1.4750


Very important daily support at 1.4450 was severely tested yesterday, yet it held (see chart).…

Hedge funds buying AUD/USD in recent trade


Many thanks to FXWW303 for the insight; hedge funds have been noted buyers of AUD/USD in recent…

USD/JPY outlook August 19th: Conflicting forces at play but bear-strategy favoured


Big players remain very long of USD/JPY; Crosses are mixed with AUD/JPY and GBP/JPY looking…

AUD/USD outlook, August 19th: Consolidation before more gains


I'm still of belief that a base is in place near .9000 and will only change this view below……

EUR/GBP: Small short position in play


I'm chronically bearish on this pair but have found it very difficult to get the timing right. I'm…

Cable: Very important resistance at 1.5750


If we were to get a weekly close above 1.5750 that would raise the prospect of a double-bottom…

AUD/JPY: Small longs in play as Fibo support holds again


Momentum funds have been selling USD/JPY this morning but stops below 97.00 remain safe for now.…

Cable: Still heading higher


You all know my extreme views on cable by now, based on recent price action and overall GBP levels…

AUD/JPY: Looking to buy intraday dips to 88.70


After a strong technical break higher in recent days we are currently seeing a retracement (see…

Metal moves suggest USD weakness ahead


Twice this week Silver has posted a daily gain of 5%+, this is a serious signal and not to be…

Blog back on Friday


I'm travelling tonight and tomorrow but will be back on-line on Friday, hopefully with some 'cheap'…

European currencies range-bound in Asia: USD/CHF squeezing shorts


USD/CHF has been a significant mover over the last few days and the short squeeze could pick up…

USD/JPY: Underpinned by covering on crosses and rising US yields


Significant optionality reported near 98.50 which should prove magnetic but will also be tough to…

AUD/USD outlook, August 14th


I'm still very firmly in the buy-dip camp and I believe levels near .9035/50 will give existing…

USD/JPY: Prior support at 97.55/60 holds firm first time around


Remember how much trouble we had trying to break below here! Now we might have exactly as much…

USD/JPY: Technical resistance 97.40/60


The 38.2% retracement of the 99.95/95.80 move comes in at 97.40 and the previous strong support at…