EUR/USD: Continue to favour the short side


Medium-term trade idea from a week ago is starting to evolve; Trend-line support and a 61.8%…

EUR/JPY: Shorts favoured but still need to respect important support levels


Weekend win in Japanese regional elections by opposition parties will worry Yen shorts; Overall…

Quiet start to interbank trading week


EUR crosses made more significant losses on Friday and I continue to play the EUR with a bearish…

NZD: Institutional flows heavily negative today


Our analysis of the major interbank platforms shows a heavy slant towards NZD selling this morning.…

AUD/USD: Battle going on in low .88’s amid heavy turnover


Asian real money names have been the big sellers of AUD/USD since it broke lower yesterday but our…

EUR/GBP: Continue to trade the downward channel


One constant for me is the fact that EUR/GBP is headed lower; I'm continuing to trade the downward…

EUR/USD: Short side favoured as crosses look bearish


EUR/AUD is back at longer term median levels near 1.55 (although the daily up-trend remains in…

AUD/USD: Fact that it can’t break back above .8820 is certainly telling


Previous lows at .8820/25 continue to cap; A daily close below there will add to bearish……

EUR/JPY topping formation looking more plausible


Possible topping formation ahead of 143.00 (see chart); Needs break and hold below 140.40 to…

USD/JPY: Looks set to test 105.50 yet again


Major technical resistance at 105.50 (61.8% retracement) is still the main topside target in…

AUD/USD: Initial resistance at .8820, look for stronger levels near .8870


The macro speculative market is piling into AUD/USD shorts, with .8500 seen now as a foregone…

Institutional flows still heavily AUD negative


No let up for the AUD/USD and the break below .8820 has brought even more sellers into the market.…

AUD getting smashed post jobs data


So much for playing AUD from the long side, just ignore what I say. AUD/NZD is below 1.0600 and…

AUD/USD: Favour playing from long side today


The professional speculative market is quite short of AUD already as a proxy for the 'China credit…

Australian jobs data will be market’s morning focus


Not a whole lot of movement overnight with the GBP first rising on the back of strong…

GBP: Plenty of demand in early London


Reserve names and real-money funds have been buying GBP against the USD, EUR, JPY and AUD in early…

EUR/USD trade idea: Build shorts inside of 1.3550/1.3750 consolidation range


As you know, I'm not a big fan of trading the EUR/USD although I am quite bearish on the EUR…

EUR/JPY: Worth considering shorts if 143.10/20 holds


I'm looking at some solid technical resistance near 143.10/20 in EUR/JPY and if this level is…