June 6, 2013
USD/JPY: Could be back at 90 in a few weeks time
This pair looks really really dangerous to me, just have a look at the weekly chart and its…
June 6, 2013
JPY and GBP make strong gains against AUD and NZD
GBP/AUD is testing weekly resistance at 1.6180, EUR/AUD is eyeing our 1.38 target and AUD/JPY has…
June 5, 2013
JPY: Growing expectations ahead of PM Abe’s speech this morning
One other important risk event to take note of is the planned speech by PM Abe, which I believe is…
June 5, 2013
USD/JPY: Selling rallies towards 101.00 preferred
Trade IdeasUSD/JPYTechnical Analysis
Prime brokers report that short-term speculators are building long positions around 100.00. The…
June 4, 2013
USD/JPY: Reducing shorts, looks like I might have the wrong levels
No point in hanging on to positions that I'm not sure about. I sold at 100.06 and 30 but have…
June 4, 2013
USD/JPY: Taking a small short position
I think the break below 100 was a big event and now that we've had the usual Asian reversal, I'm…
June 3, 2013
Time to re-group after Friday’s heavy flows
Trade IdeasUSD/JPYOthersAUD,NZDGBP crosses
It's pointless looking for logic once big asset manager month-end flows hit the market; they deal…
May 31, 2013
FX market still in cross-movement phase
OthersTrade IdeasAUD,NZDGBP crossesEUR/USDUSD/JPY
I'm still of the opinion that we are in a cross-movement phase of the FX market with the AUD…
May 30, 2013
Month-end flows will drive markets today and tomorrow
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
Like I mentioned earlier today, most of the market is focussing on expected heavy end-of-month…
May 30, 2013
AUD/JPY jumps sharply in early Tokyo
I could say that it was my previous post which caused some big players to consider booking profits…
May 30, 2013
Market anticipating large end-of-month flows tomorrow
Flows and OrdersUSD/JPYAUD,NZD
Most of this turnover is likely to happen early in tomorrow's NY session, when institutional asset…
May 30, 2013
Noisy markets set to continue
EUR/USDUSD/JPYAUD,NZDOpen/Wrap
One thing I can say for sure is that there are some very large positions in the leveraged world…
May 29, 2013
AUD/JPY: Fast approaching important support at 96.90
This level formed a low in early April and again earlier this week and should be respected. Might…
May 29, 2013
USD/CHF main mover as bulls try to regain control
Trade IdeasUSD/JPYOthersAUD,NZDGBP crosses
The two big risk-on dollar trades had big days yesterday with USD/JPY rising during the Asian…
May 28, 2013
USD bid-tone returns in early Asian trade
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
The dollar is stronger across the board in early Asian trade but has yet to break through any…
May 28, 2013
USD/JPY: Plenty of buyers, stop-loss sellers, and option levels
It will not be one-way traffic in the USD/JPY in either direction, with very large interest seen…
May 27, 2013
Quiet session grinds to a close; Europe can expect the same
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
The Nikkei has rebounded a little to be -2.25% but the FX market has seen little or no action. Both…
May 27, 2013
Nikkei nearly 3% lower, AUD/JPY below 97.50
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
Next support in AUD/JPY is at 96.90 and with AUD/USD support at 96.00 also looming, I wouldn't be…