February 11, 2014
GBP/JPY: Starting to like the look of this pair again
I'm certainly not advocating that we should take a long position now ahead of the Yellen testimony…
January 30, 2014
Risk trades hard to call at the moment
It's no surprise to see the 'euphoria' regarding the Turkish rate rise quickly evaporate and now we…
January 29, 2014
Risk-trades bounce back after Turkey raises rates
You can read a full commentary here on Reuters.com. My initial reaction to the news is that it…
January 28, 2014
Yen crosses trying to recover important levels
I'm not much help at the moment as I simply don't have a good sense of what's happening in the…
January 24, 2014
AUD/JPY: Testing water with small long near 90.35
FXWW NewsAUD,NZDTrade IdeasJPY crosses
Firstly, I'm not picking these moves particularly well at the moment and some of the cross moves in…
January 20, 2014
EUR/JPY: Shorts favoured but still need to respect important support levels
FXWW NewsJPY crossesTrade Ideas
Weekend win in Japanese regional elections by opposition parties will worry Yen shorts; Overall…
January 17, 2014
EUR/JPY topping formation looking more plausible
FXWW NewsTechnical AnalysisTrade IdeasJPY crosses
Possible topping formation ahead of 143.00 (see chart); Needs break and hold below 140.40 to…
January 16, 2014
USD/JPY: Looks set to test 105.50 yet again
Major technical resistance at 105.50 (61.8% retracement) is still the main topside target in…
January 15, 2014
EUR/JPY: Worth considering shorts if 143.10/20 holds
FXWW NewsJPY crossesTrade Ideas
I'm looking at some solid technical resistance near 143.10/20 in EUR/JPY and if this level is…
January 8, 2014
EUR/JPY: Topping pattern negated with break above 142.90
FXWW NewsJPY crossesTechnical Analysis
Any hopes the bears might have had of a topping formation have been dashed with the break above…
January 7, 2014
EUR/JPY: Play 141/143 with bearish bias
FXWW NewsJPY crossesTrade Ideas
Possible topping formation in development here with parameters at 141/143 roughly; I prefer to…
January 7, 2014
Yen showing modest strength but unable to build on yesterday’s gains
USD/JPY will look toppish so long as the long-term Fibo at 105.50 continues to hold firm; a break…
January 6, 2014
EUR/JPY; trade idea for the bears
FXWW NewsEUR crossesTrade IdeasJPY crosses
If you are bearish EUR/JPY and anticipating a developing topping pattern; Sell as close to 142.80…
January 6, 2014
JPY crosses breaking lower
FXWW NewsJPY crossesTrade Ideas
GBP/JPY is testing previous highs at 171.00 and a clean break targets 170.00. The latter is a very…
December 31, 2013
Out with the old, in with the new
FXWW NewsEUR crossesGBP crossesAUD,NZDJPY crosses
The FX market has stayed quiet and overall turnover is very low. The last day of 2013 is unlikely…
December 30, 2013
Yen crosses focusing on new topside targets
EUR/JPY gapped higher on Friday in extremely thin trading conditions and more gains towards 149.00…
December 18, 2013
AUD/JPY: Favour buying dips towards strong technical support levels
FXWW NewsAUD,NZDTechnical AnalysisJPY crosses
Neckline of double bottom comes in around 90.00 (see chart); 61.8% retracement of rally from 86.50…
December 9, 2013
JPY crosses make significant breaks
NZD/JPY has broken up through its consolidation channel and buying dips back towards 84.50 looks…