AUD/NZD: Range trading 1.0920/1.1060 likely for next few sessions by Sean Lee

Like most FX pairs, and perhaps even more than most, AUD/NZD spends the vast majority of the time range trading. We really should not be trying to pick the trending direction, rath …
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AudUsd: Looking very heavy. China data tomorrow, in focus

AUD/USD: 0.8925 Having made an early attempt to regain 0.9000 on Friday, the Aud gave up in the face of strong selling interest and headed lower for the rest of the session, …
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Model/hedge funds exiting AUD longs as market vols spike : by Sean Lee

The main driver behind the AUD selling this week would seem to be related to the sharp increase in market volatility. Model funds and hedge funds had built large AUD long positions …
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AUD: Don’t expect any surprises from the RBA today

The big week of central bank meetings kicks off today with the RBA. This is probably the most predictable of all meetings with no change in policy warranted and statement language …
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USD: Retracement or reversal- latter I think

The USD bears will need a bit more evidence before getting overly excited but the recent price action in AUD/USD, NZD/USD and USD/CAD certainly suggests that the greenback will str …
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AUD: Falling iron ore prices will weigh on sentiment

AUD/NZD still looks quite buoyant but AUD/USD has been in sideways mode for months and will eventually break. Falling iron-ore prices will help the AUD bear case and we may get a d …
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Should find some good trading opportunities in stop-driven markets

My macro views haven’t changed in the slightest, I am still looking to sell the USD, EUR and JPY and buy the CAD, GBP, AUD and NZD. Of course we are seeing some significant shift …
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AUD/NZD: Look to play 1.1025/1.1100 in short-term

The channel top in AUD/NZD at 1.1100 held nicely this morning and the bulls out there will be a little worried. I have the feeling that AUD/USD might have a serious test of .9200 l …
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AUD/NZD taking out important resistance levels

AUD/NZD is threatening to break cleanly above important technical resistance levels and it seems that the market is now betting on a bearish outcome from the dairy auction. NZD/USD …
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Few range trade suggestions in NZD/USD, USD/CAD and Cable

The GBP still looks suspect on the crosses especially with pairs like GBP/CAD nearing very important support levels. We can expect further volatility and plenty of two-way action. …
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