Trade of the day: USD/JPY; play volatile ranges


Our survey of market, fundamental and technical analysts suggests the following trade will be worth…

AUD/JPY: Still prefer to sell rallies for test of 70


My overall big-picture view remains the same. The USD will weaken and I'm looking for good…

Here comes the dip!


AUD/JPY has fallen off faster than I had anticipated which has given me my hoped-for dip in AUD/USD…

USD: Bearish momentum starting to accelerate


The AUD/USD is leading the way again as a new trading week gets underway and those who have missed…

JPY crosses providing direction for now


EUR/JPY is back at levels last seen over 3 years ago and this is putting the other JPY crosses…

JPY Crosses: Worth a very risky contrarian play?


Just having a look at some of the main JPY crosses, GBP/JPY, EUR/JPY and AUD/JPY and whilst they…

FX Market Sentiment & Positioning; week to 26th Jan 2018


Our proprietary analysis of online and social media sentiment in the major FX pairs shows a…

USD/JPY opens higher, more short-term gains likely


The Clinton email saga continues to impact on the FX market and USD/JPY is the proxy trade for…

Longer term JPY positions likely to be tested today


Forget about fundamentals, once the market gets a nasty shock the obvious reaction is to scale back…

USD/JPY: Selling rallies preferred in short-term


My sources tell me that option players are very heavily skewed in USD/JPY and that hedges will need…

CAD/JPY: Looking to add to shorts on rallies


This pair hasn't yet had a major reaction to events in the oil market but if/when it turns, there…

CAD/JPY: Easing into market with small short position


The big fall in oil prices hasn't washed through into the traditional FX proxy, CAD/JPY, but maybe…

AUD/JPY trading higher in early trade post G-20


USD/JPY is trading above 116.50 in early interbank trade and the AUD/USD is holding steady near…

Currency wars -Korea will manage Won to move in line with Yen #FXWWchatroom


The race to the bottom just got even more crowded with Reuters reporting that the Korean…

Looking for some short-term opportunities in the crosses


The economic calendar will stay light for the next few sessions so we will rely on intraday…

EUR/JPY: Nasty turnaround catches shorts unawares


The early EUR sell-off into early Europe had me thinking I was right only for the PMI numbers to…

Trade of the Day, Thursday October 23rd: Looking to sell EUR/JPY


Markets are still pretty choppy and there don't seem to be any dominant factors influencing the…

GPIF news will have significant impact on Yen


Reuters are reporting the following: According to sources, the Japan government pension fund (GPIF)…