Ridiculous, as if couple of hundred flooded houses are going to influence the exchange rate, what would happen to the Euro then after whole of Europe is getting buried under record snow and freezing cold? More foolish comments here as usual...

AUD/USD

Heavy talk about further extending QE this month which could heavily pressure cable in the coming months, but first we should see more fresh yearly highs to be able to go much lower later.

Cable Update (GBPUSD)

Sure, that's the downside of having a free-floating exchange rate. Some sectors suffer a lot, others make huge profits. Look at Switzerland, they're lucky most of their export industry is high quality luxury ware that doesn't suffer much from a ...

AUD/USD

To shake out weak shorts price would have to be pushed up higher to knock out their weak stops, this would imply a reversal down from higher highs to attract more shorts who've been desperately waiting for a major trend reversal signal. This would ...

AUD/USD

Very creative, it's a bit of both

Cable Update (GBPUSD)

Heh I'm not always correct, nobody is, it's just that most small traders are wrong some of the time and some are wrong most of the time, which means going against their collective sentiment is usually the safer bet. I think you know that the retail ...

AUD/USD

Wont open above 1.08 but as long as I see everybody and they're dog in this thread desperately trying to pick a swing top, I'll stay bullish on this pair. It's not going to "drop like a rock" or "nose dive below parity" or "0.95 here we come", it'd ...

AUD/USD

That would depend on your broker "of choice", but how do you think you're gonna achieve continuous 20k weekly profit? A trader who can make 20k a week would have an opening balance of 1 million IMHO, and with that kind of money he wouldn't trade ...

AUD/USD

There was our 1.0790, upper TL of the channel.

AUD/USD

That's a semantic coincidence

AUD/USD

USD might stage a recovery next week, there's already talk about the FED possibly hiking rates earlier then 2014 if job numbers continue to grow faster then predicted, the Euro will have to suffer and I'm already starting to load small carry-over ...

AUD/USD

Good trade, EUR/AUD was a beauty, unchartered territory now but hell has broken loose and she might be heading to parity at this time next year.

AUD/USD

1.0776 might have been the peak for now, with Europe closing now we shouldn't expect any major moves anymore. Done and dusted, 1.075 cracked and broken, wait and see what next week brings...

AUD/USD

Below 1.07 would be a bit to much to expect if you ask me, but who knows... you don't that's for sure.

AUD/USD

Ideally 1.0800 should provide plenty of resistance, I'd give 30 pips over/under-shoot tolerance but a correction is imminent. RBA rate cut could come next week, although 25bp's are already priced in. Longer term this is one of the hardest pairs to ...

Spider's Den

I reckon 1.0790 will be the top for this week/month/year, printing bullish candles for higher TF's. Next week maybe a correction but this is now a different ball game, new lines will have to be drawn on Monday.

AUD/USD

Nope, all normal business if you get to understand it.

AUD/USD

Today is a bit different, strong NFP made investors pull money out of safe haven US bonds and chuck it into equities and high yield currency pairs, US 10 yr up to 1.92, gold is down and shares are rallying. There will be a lot of profit taking ...

AUD/USD

Just crossed 100 pips, closed half rest carrying over.

AUD/USD