EUR, GBP still looking quite strong


Any big move higher in EUR is likely to be driven by equity-manager flows according to bank…

AUD/JPY: Important technical support near 88.70


This is the 38.2% retracement of the move from 86.40/90.10 and also recent lows (see chart). A…

EUR/AUD technicals: Vital levels now at 1.4450/1.4750


Very important daily support at 1.4450 was severely tested yesterday, yet it held (see chart).…

GBP continues to make gains on crosses; EUR/USD set to test 1.3425


On technical side, EUR/AUD held important support at 1.4450 and bounced almost 200 pips; USD/JPY…

Large NZD/USD demand noted in early European trade


It seems that some Swiss interests have large demand to buy NZD, and they have been piling into…

Asian market overview; only minor moves in AUD to report


AUD/USD rallied from .9185 to .9230 on the back of decent hedge fund demand, trimming shorts is…

EUR/AUD: Sitting on important support levels


A clean break below 1.4450 would open the way up for a deeper retracement towards 1.4200 (see…

Hedge funds buying AUD/USD in recent trade


Many thanks to FXWW303 for the insight; hedge funds have been noted buyers of AUD/USD in recent…

Quiet start to interbank trading week


I still like the buy-intraday-dips play in AUD/JPY after Fibo support at 88.65/70 held (see…

USD/JPY outlook August 19th: Conflicting forces at play but bear-strategy favoured


Big players remain very long of USD/JPY; Crosses are mixed with AUD/JPY and GBP/JPY looking…

AUD/USD outlook, August 19th: Consolidation before more gains


I'm still of belief that a base is in place near .9000 and will only change this view below……

Factors to watch in FX market, week starting August 19th


Market starting to price in QE tapering at September Fed meeting, with $10/$15 billion reduction…

EUR/GBP: Small short position in play


I'm chronically bearish on this pair but have found it very difficult to get the timing right. I'm…

AUD up on China stimulus rumours


AUD/USD is rallying on the back of market rumours that China will announce a stimulus package…

AUD/NZD: Spikes up 50 pips on NZ quake reports


The market tends to reacts first and think later when it comes to earthquakes in New Zealand.…

Cable: Very important resistance at 1.5750


If we were to get a weekly close above 1.5750 that would raise the prospect of a double-bottom…

AUD/JPY: Small longs in play as Fibo support holds again


Momentum funds have been selling USD/JPY this morning but stops below 97.00 remain safe for now.…

AUD/USD outlook, Friday August 16th.


Risk aversion brought on by lower equity markets inspired heavy selling in AUD/JPY and AUD/CHF.…