More barriers are reported in AUD/JPY at 96.00 and bids are building 94.50/75. Flows have been reasonably light in AUD/USD but sell orders are reported .9725/50 and real-money funds are still reported on dips starting at .9630.
GBP Trading Outlook Archive
The Sterling (GBP) Trading Outlook (23-10-2013)
October 23, 2013The Sterling (GBP) Trading Outlook (22-10-2013)
October 22, 2013Real-money funds are still reportedly the main buyers on dips in AUD/USD. Obviously the barrier protection ahead of 95.00 in AUD/JPY is having a major impact, with large stops reported above 95.10. EUR/AUD bids near 1.4120/25 are proving very resilient. Stops reported below .9630 in… Read more
The Sterling (GBP) Trading Outlook (21-10-2013)
October 21, 2013Real-money funds are still the main buyers in AUD and it looks like some of the bigger fixed-interest players are switching back into Australian debt. Profit takers are reportedly solid between .9700/20.
The Sterling (GBP) Trading Outlook (18-10-2013)
October 18, 2013Real-money funds have been the main sellers of USD across the board. Expect bids to be very solid now at .9550.
The Sterling (GBP) Trading Outlook (17-10-2013)
October 17, 2013One barrier in AUD/USD at .9550 was breached overnight but there is an even bigger barrier at .9600. AUD/NZD bids are still being reported at 1.1280.
The Sterling (GBP) Trading Outlook (16-10-2013)
October 16, 2013Heavy buying of AUD against the EUR in particular was yesterday’s stand-out flow but the option barrier protection ahead of .9550 in AUD/USD was very heavy indeed. This barrier is still in place and there is an even bigger barrier at .9600. AUD/NZD bids are… Read more
The Sterling (GBP) Trading Outlook (15-10-2013)
October 15, 2013Sizeable bids reported near 1.1280 in AUD/NZD. Sell orders are still reportedly solid in AUD/USD around .9520/25 and again near .9550.
The Sterling (GBP) Trading Outlook (14-10-2013)
October 14, 2013There is a large-ish option barrier at .9500 in the AUD/USD which will be vigorously defended and there are stops directly above that level. Those selling to defend the barrier are re-loading on 50/70 pip dips.
The Sterling (GBP) Trading Outlook (11-10-2013)
October 11, 2013ORDERS & FLOWS: There are plenty of sell orders reported above the market, starting at .9480 through .9525. This is common knowledge yet the market isn’t dipping much, usually a bullish sign.
The Sterling (GBP) Trading Outlook (10-10-2013)
October 10, 2013ORDERS & FLOWS: No big orders are being reported close to the market in AUD/USD, with bids being patient and sitting below .9350 and offers still solid above .9500. Local banks say that selling interest is presently dominant but neither side seems in any hurry.
