June 13, 2014
BOJ not giving market any reasons to turn bullish Yen
The BOJ policy statement shows that they will continue along the same policy path for the…
June 10, 2014
Oil price rises: Look for GBP/JPY buying opportunities
The oil price jumped last night on the back of reports that Libyan exports are now close to zero.…
May 21, 2014
BOJ main focus for today’s trading session
We saw a lot of professional traders buying puts in pairs like EUR/JPY and AUD/JPY yesterday amid…
May 20, 2014
Speculative market continues to buy downside puts in Yen crosses
It seems that some bigger professional speculators are of the opinion that the BOJ will do…
May 19, 2014
USD/JPY: Large stops below 101.15 drifting into focus
There still seem to be some large bids ahead of 101.20 but all I'm hearing about is the large stops…
May 9, 2014
Risk off Friday and I think GBP/JPY might be a good vehicle
I think it's pretty safe to assume that the market is quite long of GBP/JPY and we may see some…
May 7, 2014
Yen crosses still edging lower in quiet Asian trade
The NZD has been affected by talk of intervention from the RBNZ Gov as well as the slightly…
May 6, 2014
JPY crosses: Trendline supports holding firm
The long-term bullish USD/JPY trendline came in yesterday near 101.90 and that level held very…
May 5, 2014
JPY crosses: Some big levels to watch nearby
AUD/JPY has just broken below s/t support at 94.50 and has technical scope for a fall to 93.35;…
April 30, 2014
Overly short CAD market takes a big hit
Most moves in the FX market are based on positioning; the market is either getting into positions…
April 30, 2014
Main focus today on BOJ; USD/JPY bulls again to the fore
USD/JPY is stuck right in the middle of its medium-term consolidation so its pretty hard to get…
April 29, 2014
Wedge formations in GBP/JPY and EUR/JPY reaching apices
Have a look at the two attached daily charts for GBP/JPY and EUR/JPY and you will see that both are…
April 15, 2014
NZD/JPY: Bearish entry level for ‘risk-off’ players
If you are of the opinion that we may get some risk-off sentiment ahead of the long Easter break,…
April 14, 2014
Look to Yen crosses for intraday trading opportunities
It will be a short week with many traders taking it easy ahead of a long Easter break. I wouldn't…
April 7, 2014
EUR/JPY: Looking quite heavy but solid technical support 140.65/85
FXWW NewsJPY crossesEUR crosses
This pair looks like it might become a directional leader in coming weeks and it's certainly…
April 2, 2014
CAD/JPY: Very important technical level at 94.10
A clean break above 94.10 would suggest a double-bottom pattern with lows at a 38.2% retracement…
March 14, 2014
JPY shorts squeezed as market lacks conviction
The one constant in recent months in the FX market has been lack of conviction amongst traders.…
February 12, 2014
GBP/JPY: Starting to build a long position
FXWW NewsJPY crossesTrade IdeasGBP crosses
I'm already running core long positions in GBP against the EUR and the USD, so perhaps its time to…