Trade ideas for Tuesday November 26th


Cable has failed to break above 1.6260 and is threatening to retrace inside its consolidation…

AUD/USD: Stops triggered below .9125 but no follow through thus far


Little in way of technical support until .9060; AUD/NZD has broken cleanly below 1.1150 but is…

USD/JPY: Sell orders reasonably light until 102.25/40


Not much in the way of heavy supply until 102.25 and above according to my Prime Brokerage…

USD/JPY: Market eyeing resistance levels near 101.50/55


Talk of a barrier at 101.50 which will be well defended; July highs at 101.55 directly above…

EUR/USD outlook November 25th: More gains likely


Decent demand reported over the last few sessions and banks expect this to continue; End-of-month…

AUD/USD outlook November 25th


Another speech from the RBA deputy-Governor later tonight so we can expect more verbal…

Quiet start to interbank trading week


EUR/USD is trading at 1.3550, USD/JPY at 101.30, cable at 1.6230 and AUD/USD is at .9160. All of…

AUD/USD: Loss booked on long trade


My attempt at picking a short-term base in the AUD/USD was ill-conceived and I took a 73 pip loss…

AUD/NZD: Stops triggered below 1.1190


The low so far has been at 1.1175 and the market really doesn't like the AUD very much at all. I'm…

AUD/USD and Cable update


Prime broker reports stops just above 1.6200 in cable but sell orders also seen 1.6215/20 which…

Cable: Expect test of 1.6250/60 later today


Obviously talking my book here as usual but all the signs remain bullish for the GBP in my biased…

AUD/USD technicals: Let’s see if market can close below technical support levels


The daily chart is showing support levels near .9225 and although we've seen a marginal break, we…

Major breaks on crosses should cause a re-think on AUD/USD, USD/JPY


GBP/JPY made a significant move higher last night breaking above monthly highs at 163.00. It's…

USD/JPY: 1.7billion in option expiries at 101.00 later today


That normally means that prices will gravitate towards this level as the expiry time approaches (NY…

AUD/USD slides below 100-dma after RBA chief says intervention can be effective


Don't get too excited, they won't be doing it any-time soon. Stops now getting triggered below…

GBP/JPY: Major resistance at 163.00


Huge level looming large for GBP/JPY at 163.00 (see chart). Normally these levels hold on the first…

USD/JPY: Very heavy turnover near 100.75


The interbank market is reporting some very heavy turnover near 100.75, which was a recent daily…

Nikkei moving higher taking USD/JPY towards resistance levels


Recent highs in USD/JPY at 100.55/60 are edging closer with a break higher in the Nikkei the…