November 20, 2013
USD/JPY: Don’t fancy buying dips at these levels
Resistance at 100.50/55 is still looking quite formidable and I don't see much value in buying…
November 18, 2013
USD/JPY: Market long and bullish
FXWW NewsTechnical AnalysisJPY crossesTrade IdeasUSD/JPY
I have no idea where USD/JPY is headed in the shortish-term. The market is quite long yet it looks…
November 1, 2013
USD/JPY: Approaching short-term support levels between 97.50/70
FXWW NewsUSD/JPYTechnical Analysis
Typical Friday trade, squeezing out the least committed positions. USD/JPY and EUR/JPY have been…
October 31, 2013
USD/JPY: Stops triggered above 98.40 post-FOMC
FXWW NewsUSD/JPYFlows and Orders
It's also interesting to note that many of the big sell orders from Japanese banks are reported to…
October 29, 2013
USD starting to look stronger but needs to break up against the EUR and JPY
AUD/USD has managed to break back below strong technical support at .9520 and cable has formed a…
October 29, 2013
USD/JPY: Expect tight 97.40/80 range
FXWW NewsUSD/JPYFlows and OrdersJPY crosses
This pair is stuck between the 200-dma at 97.38 and reported corporate sell orders at 97.80. I'm…
October 28, 2013
USD: Sentiment still bearish but some big support levels continue to hold
FXWW NewsUSD/JPYAUD,NZDGBP crosses
USD/JPY: Until we get a strong daily close below the 200-dma (currently at 97.38), the bulls will…
October 28, 2013
FX market staying very slow mid-way through Asian trade
FXWW NewsEUR/USDUSD/JPYFlows and OrdersAUD,NZD
AUD a bit higher across the board with technical buying against the EUR and JPY helping the…
October 28, 2013
USD/JPY opens higher in Asia on mainly technical buying
FXWW NewsFlows and OrdersUSD/JPYTechnical AnalysisAUD,NZD
The failure to end last week below the 200-DMA, today just below 97.40, has encouraged a bout of…
October 25, 2013
Stops aplenty in cable and USD/JPY
FXWW NewsUSD/JPYFlows and OrdersGBP crosses
There are rumours that the BoK started buying cable, recycling their earlier intervention, and…
October 25, 2013
USD/JPY: Sitting right on the 200-DMA
FXWW NewsTechnical AnalysisTrade IdeasUSD/JPY
Heavy offers reported between 97.70/85; Technical support at 97.25 200-DMA (see chart); Weekly…
October 24, 2013
USD/JPY: Market watching for daily close below 200-DMA (worth 530 pips?)
Obviously all charts have slightly different data but the ones I've seen have the 200-DMA coming…
October 21, 2013
USD/JPY: 97.50 looming as next important support point
FXWW NewsUSD/JPYTechnical AnalysisJPY crosses
Falling US yields will add to the bearish pressure here; Reduced possibility of a tapering event…
October 18, 2013
USD/JPY: Both components looking like funding currencies
FXWW NewsTechnical AnalysisUSD/JPYTrade IdeasFlows and OrdersJPY crosses
With tapering in the US looking less likely, the market has been ploughing back into 'risk-on'…
October 17, 2013
USD/JPY: Looks to have topside scope to 99.50
FXWW NewsFlows and OrdersTechnical AnalysisUSD/JPY
The daily chart is still in a sideways pattern with scope for a move towards 99.50 (see chart);…
October 16, 2013
No obvious trades as markets stay in doldrums
FXWW NewsTechnical AnalysisUSD/JPYTrade IdeasFlows and OrdersGBP crosses
Nobody wants to trade ahead of tomorrow's deadline and I'm certainly not blaming them. EUR/GBP:…
October 16, 2013
Fitch places US on Rating Watch
USD/JPY has dipped to 98.00 after the announcement. No big surprise here, we had been warned that…
October 14, 2013
USD/JPY: Time for a bearish session perhaps?
Lack of progress in Washington will be bearish for USD; Chinese data will be bearish for risk;…