GBP/JPY intraday: More gains looking likely


GBP/JPY has breached recent daily highs at 169.15 and closed above there; USD/JPY has had an…

Silver: Contrarian trade possibility


Despite comments from renowned Fed-watcher Hilsenrath that we may see some tapering sooner rather…

Important levels close-by in EUR/USD and USD/CHF


Recent daily lows provide technical support for USD/CHF at .8880; Barrier options are reported at…

AUD intraday outlook, Tuesday December 10th


AUD remains heavy on the crosses but bearish momentum in AUD/USD has stalled for now; EUR/AUD,…

Recent bullish trends in EUR/JPY, GBP/AUD etc remain in place


EUR, GBP and CHF still in high demand; AUD, JPY, and CAD are still out of favour; Liquidity…

Quick wrap of the Asian session


EUR/USD traded to highs at 1.3748 in very thin early interbank trade; EUR/JPY stops were triggered…

USD/CNY fixed at new record low


AUD/USD immediately gets a mild 20 pip bump, back to opening levels, after another record high fix…

AUD: Still soft on the crosses to start the week


AUD/NZD is starting to spend a bit more time below 1.10 suggesting that more losses are possible;…

JPY crosses make significant breaks


NZD/JPY has broken up through its consolidation channel and buying dips back towards 84.50 looks…

EUR/USD: Obvious target at 1.3830


EUR/USD traded to highs near 1.3750 in early interbank trade but has now settled back near 1.3710.…

EUR/JPY: Trading at long-term technical resistance level


EUR/JPY has made more gains in early interbank trade and is currently trading near 141.20. The…

A picture of an FX trader (caught short)


An absolute classic from Tony D in the chat-room; love your work mate :)

USD/JPY techs: Initial target at 100.80


Market is caught long and is in retracement mode; NFP day is usually a big day for USD/JPY…

EUR/USD: As always it’s a matter of finding the 200-pip range (1.3575/1.3775)


The EUR looks quite strong on the crosses with EUR/AUD consolidating gains and EUR/GBP rebounding…

AUD: Sentiment still bearish but expect some choppy consolidation


AUD/NZD support at 1.1000 continues to hold. One trader whose opinion I value highly thinks that…

Did I mention GBP/JPY looked toppy…..


One thing that will never change in the FX market is that erstwhile bears change their coats and…

Early European traders chasing stops in USD/JPY and EUR/USD


Stops tripped above 1.3625 in EUR/USD with more reported above 1.3640; Stops tripped below 101.90…

GBP/JPY: Good risk-reward for the contrarian bears


Looking for extremely over-bought or over-sold conditions can be a very profitable exercise in the…