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…

EUR/CHF: European hedge funds buying again in early trade


Exactly the same as yesterday, Swiss-based hedge funds have been buying the cross in early trade.…

AUD/JPY: Above 92.50 but needs some confirmation


We've been watching this level all day as being a big one and prices have now poked above 92.60. I…

EUR/JPY: Stops triggered above 130.20


Our hedge fund insider @FXWW888 is reporting that stops are currently being triggered above 130.20…

AUD at session highs despite data


The AUD is looking reasonably bullish for a change, back at session highs despite poor business…

AUD slightly soft after NAB data and China CPI


AUD/USD traded to lows near .9085 after the poor-ish NAB business sentiment data, as well as…

AUD/USD: Play 60/70 pip spikes either side after China CPI


I don't think the Chinese CPI will have any lasting effect on financial markets so I'd look to play…

GBP: Still looking soft on the crosses


EUR/GBP has had two daily closes now above .8600 prior resistance and the tendency would seem to…

Asian market open


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