USD/JPY: Looking quite bearish to me


Most important factor here is short-term market positioning, and there has been again a big build…

Levels to watch in afternoon trade


I'm still of the same view, the EUR has done a lot of its work already and is overbought on the…

USD/JPY: Downside risk now very real


I've thought for weeks that USD/JPY is likely to stop everyone out in extended periods of volatile…

EUR/JPY: 200 pips lower since yesterday’s false break


This happens a lot in the FX market; all eyes are on one level and the market anticipates a break.…

JPY session outlook: Looking to AUD/JPY for leads


Market is not expecting any major developments from BOJ minutes. Big Japanese players were noted…

USD/JPY: Intraday break below 100.85 could see 100.00 test


Overall the recovery bull trend is the dominant factor at play here but it does look a tad…

Rising US rates giving USD/JPY a boost


The historically strong correlation between US interest rates and USD/JPY hasn't been all that…

USD/JPY: Still bullish ahead of BOJ on Thursday


The market really wants to buy this pair given the fundamental outlook but we can still expect…

USD/JPY outlook: Always whippy on NFP day


The fundamental picture for USD/JPY remains quite bullish and market sentiment is similarly so.…

EUR/USD: Sovereign buyers off-setting selling on the crosses


The market has been building longs in EUR/JPY and EUR/AUD over the past few months and we've seen…

USD/JPY: Going to keep stopping everyone out


The market is very bullish USD/JPY but the market is also quite long USD/JPY! Risk averse sentiment…

USD/JPY: Quiet consolidation a bullish sign


Asia has been quiet in USD/JPY over the last few sessions and we've seen the same again today,…

USD/JPY outlook: Break back above 100.00 has bulls in control again


Technical close back above 100.00 argues for a full retracement to 103.75. Mild risk-off sentiment…

Levels to watch in early European trade


USD/JPY: Technical resistance 99.90/100. EUR/JPY: Technical resistance 130.45. Cable: Technical…

USD/JPY: Favour selling intraday near 99.90 with stops above 100.40


USD/JPY may indeed be headed for 120 like some would have us believe but that's too 'big picture'…

Levels to watch in early European trade


USD/JPY: 61.8% retracement of 103.70/93.85 at 99.90. EUR/USD: Sovereign bids 1.2970/80. Cable:…

USD/JPY: Every analyst seems to be super bullish


There's a good reason that banks never give analysts any trading limits! Their job is to get…

USD/JPY: Favour a 98.75/99.90 range


The fundamental outlook is bullish given potential tapering from the Fed and expansionist BOJ…