AUD/JPY: Looking bit ‘bottomy’ on short-term charts


Whilst the recent trend has at times been violently bearish, and it is risk-off Friday as well, the…

Back to the good old days of intraday volatility


Well here's hoping at least. Price action over the last 24 hours has really taken me back in time.…

CAD/JPY still the FX market’s favourite ‘oil price’ play


Oil prices have been falling very heavily in recent weeks and the FX market's favourite proxy trade…

FX market focus remains on the JPY crosses


There were plenty of reports in the chatroom on Monday morning of large stop-loss orders on the…

JPY crosses: Profit taking and trailing stops


The professional market has been short JPY across the board and we saw some hefty profit taking…

JPY crosses open slightly higher after G20 weekend


The lack of any currency-related comment from the G20 weekend will be seen by the market as being…

It’s Friday! JPY crosses again the focus for Asia


The market has been trying to get bullish on USD/JPY for the last few weeks but the overall…

JPY crosses: Failure to rally after GPIF headlines suggests downside risk


Yesterday afternoon's headlines that the GPIF would increase allocations to Japanese stocks only…

JPY crosses: I still prefer the downside in the short-term


I'm not expecting any massive moves but with EUR/JPY looking decidedly toppy, and with heavy longs…

Professional market turning cautiously bullish JPY


I have read a number of quite bullish JPY predictions from major banks over the last few days.…

JPY crosses still looking soft


Regional stockmarkets are lower this afternoon and the JPY crosses are still looking most likely to…

AUD/JPY: Stay short for now, reverse on bigger dips


Very solid technical resistance now at 96.55; Short-term market sentiment seems to have swung in…

CAD/JPY: Important support levels nearby 94.10/20


There are some very important technical support levels close by in the CAD/JPY, one of last week's…

EUR/JPY: Should be main focus during Asian trade


There were a few scares running through the EUR over the last 24 hours; Global equity markets ran…

AUD/JPY: Strong technical case for bears now emerging


It's hard to get too carried away by any movements in the markets based on recent experiences but…

USD preferred ahead of EUR and JPY in medium-term


Plenty of people asking me about the big pairs, EUR/USD and USD/JPY, as this is what they are used…

GBP/JPY: Likely to grab much of the focus during Asian trade


If anything happens during the Asian session then it's likely to be in cross pairs like GBP/JPY.…

Violence escalating in Iraq; impact on oil price and ‘risk’ trades


There have been a number of reports this morning of increased fighting around Baghdad airport and…