EUR/USD: Sellers between 1.3680/1.3700 ahead of option barrier


Technical resistance above there at 1.3710; EUR crosses currently showing mixed signals; EUR/GBP…

RBA Governor on newswires trying to talk down the AUD


Just like we thought he might, but the market doesn't have a lot of interest and the AUD/USD is…

USD/JPY: Both components looking like funding currencies


With tapering in the US looking less likely, the market has been ploughing back into 'risk-on'…

Cable: More gains look likely


This is still my preferred vehicle for trading the bearish USD view and until the short-term trend…

AUD/USD: Looking to trade .9550/.9715 in coming sessions


USD bears in complete control again; Risk trades got a boost as 'tapering' liklihood reduced; Real…

London get-together November 12th


I'll be over in Europe in early November and am planning to catch up with a few fellow bloggers in…

Real money sellers still driving USD lower


This move seems to have quite a bit of momentum behind it and it's real money funds who are doing…

USD selling picking up pace


Chinese ratings agency Dagong downgrades the US; USD/CHF triggers stops below .9060 and is testing…

AUD/JPY slips as technical resistance holds and Chinese comments weigh


Comments from the Chinese commerce minister that their economy faces challenges due to slowing…

EUR/AUD: Backing off short-term resistance levels


Even though there is the possibility of a double-bottom on the hourly chart I am still in the…

USD edging lower after White House announced Obama statement


The USD made some very modest gains earlier after the debt-deal got through the US senate and moved…

ANZ changes RBA forecast; now expecting no more cuts


Interesting that some of the big local banks are starting to change their tune and are now looking…

USD/JPY: Looks to have topside scope to 99.50


The daily chart is still in a sideways pattern with scope for a move towards 99.50 (see chart);…

EUR/USD: Lack of momentum makes it very hard to trade


Clever traders have been playing the 1.3460/1.3560 range; Possible topping formation (see chart)…

AUD/JPY: Technical resistance at 94.40/70


Recent highs and the 200-DMA are looming nearby at 94.45/65 respectively (see chart). Temporary…

EUR/GBP: Don’t be in any hurry to book profits on shorts


Obviously I'm bearish and with a technical top in place near .8495 I don't see any reason to be…

No obvious trades as markets stay in doldrums


Nobody wants to trade ahead of tomorrow's deadline and I'm certainly not blaming them. EUR/GBP:…

EUR/GBP: Shorts preferred with stops above .8505


This pair is less likely to be affected by any debt-deal silliness so we can start paying attention…