USD/JPY up as Nikkei recovers on corporate tax cut talk


USD/JPY is testing 98.80 and the Nikkei is back to flat after being -1.3% earlier.

GBP: Not ready to take a pounding


Cable has rallied back towards 1.6100 but still remains inside recent ranges. The trend remains…

USD/JPY: Trend-line support looming near 98.20


We have a thrice tested trend-line coming in near 98.20 (see chart); Short-term sentiment is…

EUR/AUD: Back at selling zone again


This pair treated us well on Monday and our patience has been rewarded with another chance to enter…

Chat-room commentary


Here are some earlier bits n pieces from the FXWW chat-room on Reuters Messenger. The very lengthy…

Cable: Still very much in buy-big-dip club


I think we could see prices fall as low as 1.5750/1.5800 on a stretch but I'm strongly of the…

NZD still losing ground against the JPY and the AUD


This morning's trade data (New Zealand (NZD) Imports (AUG): $4.52B, Expected: $4.30B, Previous:…

Intraday outlook, Wednesday September 25th


Very little on the economic calendar apart from NZ trade data,…

EUR/AUD: Looking to sell rallies towards 1.4460


This is a lovely technical set-up which delivered a quick 100 pip return yesterday so why not see…

Market continues in choppy sideways consolidation


EUR/JPY: M&A chatter gave some support to the cross today and short-term support at 133.00…

EUR outlook: Sell rallies against GBP and JPY as market focus returns to EZ banking sector


EUR/CHF could join EUR/JPY (see JPY outlook) in a deeper retracement, with 1.2215 the target……

AUD outlook: Positioning now neutral


Most interbank reports suggest that macro AUD positioning is now back at close to neutral levels;…

JPY outlook: Selling short-term rallies in Yen crosses is preferred strategy


AUD/JPY looks to be in retracement mode and we could see a deeper dip towards 91.40 (see chart);…

Big Mac index, now the iPad index: AUD not overvalued


http://www.smh.com.au/business/markets/is-the-aussie-too-expensive-ipad-index-says-no-20130923-2u9jj

EUR/AUD: Taking quick intraday profits off table


Nice to start the week with a quick 100 pip profit and I've taken my EUR/AUD shorts back at 1.4340.…

EUR/USD: Buying big dips still preferred but we may get one….


Overall I remain firmly in the USD-bear camp but of course there will be plenty of swings and…

AUD: Plenty of support levels nearby


AUD/USD: Previously pivotal resistance at .9320/50 should now provide strong support (see chart);…

EUR/AUD technicals: Going short at 1.4440


Purely technical play here with the neckline of double-top coming in at 1.4450 (see chart). I'm…