RBA policy statement, October 1st


"At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Recent…

AUD/USD: Hourly resistance at .9400 but buying dips favoured


The USD is out of favour after the deadline of midnight came and went without any end to the budget…

GBP, NZD remain in favour whilst others chop around


The trend has been very solid over the last few months with the market happy to buy the GBP and the…

AUD/USD Techs: Fibo support held firm at .9285


The 38.2% retracement of .8890/.9525 came in at .9285 (see chart); AUD/NZD sitting just above…

Plenty to watch out for on today’s economic calendar including RBA


Japanese Tankan report doesn't have same impact that it once had but is closely watched…

Cable: Lack of momentum increase above 1.6160 infers top could be imminent


Price action usually tells us all we need to know about a pair and the fact that there was no…

JPY crosses bounced off key support levels


NZD/JPY (see chart) support at 80.40 remains untested; AUD/JPY (see chart) shows similar picture…

AUD/USD: Technical support at .9280


The 38.2% retracement of the big rally from .8890 to .9520 comes in near .9280 (see chart).

EUR/GBP: Major selling flows expected during European session


Our resident hedge fund insider @FXWW888 has been updating us via the FXWW-RM chat-room on all the…

EUR/CHF: Recent lows holding for now near 1.2215


June lows at 1.2215 hold for now (see chart); Political turmoil in the US and Italy are heaping on…

USD/JPY techs: Well-watched trend-line now offers support near 97.40


Depending on which charting package you use, you will have this previous trend-line coming in…

EUR/JPY lower in early interbank trade


The budget impasse and likely government shut-down in the US has heightened risk aversion across…

Cable: Still think we could see 1.6250/1.6300 on a spike


Comments from the Bank of England governor, Mark Carney (Reuters story), saw the GBP spike higher…

AUD/JPY turns lower on triple threat


1. It's risk-off Friday 2. Japanese FinMin Aso not thinking of lowering effective corporate tax…

EUR/USD: Range trading looking very likely


Corporate sell orders very solid above 1.3525 overnight; Sovereign bids expected to appear below…

AUD/USD: Still sitting above previous pivot


Strong technical support at .9315/50 (see chart); End-of-month flows usually tend to favour the…

USD/JPY: Gravitated toward major option expiries at 99.00


Reasonably large option expiries at 99.00 ($1 billion+) ensured that prices gravitated toward…

EUR/AUD: Booking half profits, free trade from here


It was a fairly straight-forward set-up again in EUR/AUD; technical resistance at 1.4450/60 and…