EUR/USD: Decent orders either side of 1.30/1.31


Dealers say that EUR/USD orders are already quite solid which is unusual for a Monday morning. Bids…

Asian market open


You can click through here and read my full opening comments on FX Street.

AUD/USD: Still long but case looking weaker for bulls


EUR/AUD put in a strong weekly close above 1.4400 and looks likely to move onto a higher plane…

USD/JPY: Risk-reward favours shorts at current levels near 99.50


Possible topping formation in EUR/JPY (see chart). AUD/JPY looks to be re-starting its downtrend…

EUR/USD: Buying dips preferred whilst crosses are bullish


EUR/AUD has made strong weekly close above 1.4400 and buying dips is once again the obvious play…

Market focusing on China GDP data today


The AUD got hit pretty hard on Friday, especially on the crosses, after comments from the Chinese…

AUD/JPY will be another to watch on Monday morning


There is major technical support 89.00/50 (see chart) and I'm guessing that there will be plenty of…

EUR/AUD macro view: Bullish weekly close


Since the EUR came into existence it traded pretty consistently against the AUD between 1.55 and…

Very slow day in Asia, hard to find any insights


I think I shall go and have a nice dinner as it's been a long week. Today was a waste of time and I…

So just how well are the current batch of hedge funds performing?


Well not very well at all according to this Businessweek article (you gotta love the caption :) ).…

Time to sit back and listen closely to what Mr Bernanke had to say


There has been so much verbal diarrhoea over the last few days and weeks, with everyone in the…

AUD/USD: Adjusting my trading range lower by 50 pips


I had been looking for consolidation between .9150/.9350 but it looks more likely that we see a…

Macros were big GBP/AUD buyers over last 24 hours


Prime brokers report that big macro funds started bailing out of GBP shorts and into AUD shorts…

EUR/USD: Anyone else smell a short market?


Maybe I'm reading too much into this, and I probably am as I don't trade it very much, but the…

USD/JPY: Looking quite bearish to me


Most important factor here is short-term market positioning, and there has been again a big build…

AUD/USD: Still looks reasonably constructive but….


Technical picture shows a shallow basing pattern (see chart).  Risk-reward favours buying dips…

AUD/USD: Buying back smalls at .9205


I sold some earlier at .9295, just buying them back now to improve the average! I still like the…

AUD/USD: Happy to re-buy on dips towards .9180


EUR/USD still looks fairly heavy and it could drag AUD/USD with it back below .9200, but I see that…