AUD/JPY: Taking small long position with stop below 86.10


Solid technical support at 86.25/40; Lot of buyers suddenly appearing in AUD/USD near .8900;…

EUR/JPY: Could be a good risk-reward prospect for dip-buyers


Presently we are seeing some severe risk-aversion amongst the major FX pairs whilst the EMs are…

EUR/JPY technicals: Still looks like classic consolidation


The daily chart is trading sideways in a classic consolidative wedge formation, with edges…

AUD/JPY: Volatile but maybe best left alone whilst cynics at play


There was a nasty spike lower earlier this morning in AUD/JPY to levels near 86.55 before it…

TRY hits fresh lows against the USD


USD/TRY has hit fresh highs near 2.0060 which might spark further risk aversion amongst the major…

AUD/JPY triggering some stops in early Tokyo


Finally a bit of movement and it's come from AUD/JPY and NZD/JPY. The break below 88.60 has set off…

EUR/JPY grinding higher, eyeing important resistance at 132.75


This pair has proved to be very resilient in recent times and we are likely to get a test of…

USD/JPY outlook: Trading right at top of wedge formation


Break out of consolidative wedge formation (see chart) should see prices testing 101.40; Hedge…

AUD/JPY slicing through support levels


Heavy selling is being reported in all of the Yen crosses with risk-aversion very high across all…

AUD/JPY: Small longs in play as Fibo support holds again


Momentum funds have been selling USD/JPY this morning but stops below 97.00 remain safe for now.…

AUD/JPY: Looking to buy intraday dips to 88.70


After a strong technical break higher in recent days we are currently seeing a retracement (see…

USD/JPY: Underpinned by covering on crosses and rising US yields


Significant optionality reported near 98.50 which should prove magnetic but will also be tough to…

AUD/JPY, USD/JPY both break resistance levels


No point getting in the way of these moves, with the market always happy to sell Yen. Buying dips…

AUD/JPY edging back toward 89.00 resistance levels


USD/JPY is proving quite resilient, sitting just below Fibo resistance at 97.40, and AUD/JPY is…

AUD/JPY likely to be the key intraday mover


Strong technical resistance at 89.00 in AUD/JPY. AUD positioning remains at extreme short levels,…

AUD/JPY higher in early Tokyo


AUD/JPY is +0.3% in early trade and bottom-pickers will be hoping that previous resistance levels…

AUD/JPY breakdown weakens the case for ‘bottom-picking’ the AUD


More stops have just gone off below 97.00 in USD/JPY and I think this will be a common theme in…

JPY outlook, Wednesday August 7th


USD/JPY sitting on technical support near 97.50 and we can expect stops below there. China noted…