USD/JPY: Vulnerable to positional squeezes


The market is very bullish USD/JPY, and already quite long, but events overnight in the CHF crosses…

GBP: Stops triggered but no follow through (bullish sign)


I've had a good feel for the GBP in recent months and I'm getting the feeling again that we may…

RBA meeting minutes


http://www.rba.gov.au/monetary-policy/rba-board-minutes/2013/03122013.html AUD market smells a bit…

USD/JPY: Massive expiries ($27 billion) over next 5 days


Plenty of excellent information in the chat-room today and thanks to 888 for publishing this report…

GBP/CAD trade idea


Thanks to Milan who just posted this in the chat-room. I'm not 100% on their levels but I love the…

USD/JPY: Buy-big-dips still obvious play but….


This is another pair which will be severely affected by the FOMC decision; Marginal new trend…

AUD/USD: Corporate demand returns but still feels heavy (play .8825/.9125 range)


Speculators are heading for the sidelines ahead of the FOMC which will be a big risk event for…

EUR/GBP: Strong technical resistance near .8460 holding firm for now


The 100-dma and a 61.8% retracement (see chart) are providing very solid resistance; The bearish…

Cable: Risk-reward favours short-term bulls


Recent trend has been strong and bears will need to be careful of selling into weakness; FOMC and…

Levels to watch in Asian trade, Monday December 16th


Cable: Looks like 1.6240/50 is looming as the big level to watch here and a break below could see…

Technical glitches in Gold market this morning


Stops were triggered in USD/JPY above 103.50 after Gold seemingly fell by 2% but it turns out the…

Cable: Could be in danger of sharp spike lower


Heavy trailing stops are reported below 1.6265 and 1.6240; Market has been buying cable for some…

AUD/USD still looking very heavy, more losses in store


Markets are getting increasingly thinner in the lead up to Christmas and some big players like…

USD likely to stay bid through the holiday period


Most of the big recent moves have been in the crosses but the USD is looking increasingly likely…

Today is the 30th anniversary of the AUD float


Obviously way way before my time but I believe the AUD/USD had been hanging around 89 cents before…

AUD/NZD under pressure after RBNZ statement


Looks to me as if the market was in base-picking mode for last few days and now we are seeing their…

EUR makes gains across the board as progress made on bank-plan


Reuters reported that the EZ is making significant progress in coming up with a plan to tackle…

AUD: Real-money and reserve managers continue to sell


It will be difficult for the AUD to rally whilst bigger players are selling into increasingly…