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…

Little change in NZD after CPI


NZD/USD is still trading around .7800/10 after fairly benign CPI data showed that inflation is…

EUR/USD: Still plenty of big orders either side of 1.30/1.31


Like I reported yesterday, there is plenty of interest either side of the EUR/USD. The bids were…

Hard to find any rhythm in this market


It's definitely starting to feel like 'holiday' markets and I know I'm not the only one who is…

Asian central bank selling NZD


Our hedge fund insider @FXWW888 is reporting On Twitter that ACBs have been seen selling NZD/USD…

EUR/CHF: Nice risk-reward in going long at present levels


Just going through the charts and I found this nice risk-reward trade in EUR/CHF (see chart). The…

AUD/USD: Still sneaking higher; look to lighten longs near .9175


The AUD was severely over-sold on Friday last and is starting to undo some of those losses. EUR/AUD…

USD/JPY: Japanese holiday ensuring very quiet trade


Take the next few hours off and go do those nagging chores as there is nothing happening in the FX…

AUD still reliant on crosses for next directional move


AUD/USD is 60 pips higher than its Friday closing level after the China GDP came in as expected.…

AUD/USD: Short-term market smells bit short


Quick spike above .9100 after Chinese GDP came in as expected which suggests that the short-term…