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…

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…

AUD/JPY: Trade idea for the bearish contrarian


All those contrarians out there, like myself, should keep a close eye on this pair. If the 200-dma…

EUR/JPY: Resistance breaks; next level above 140.50


The 61.8% of the big fall from 169 comes in above 140.50 and that's the next obvious technical…

EUR/JPY: Testing important resistance levels


Monthly highs near current levels, 139.10/20; 61.8% retracement of big move from 169 comes in near…

USD/JPY: Sell orders reasonably light until 102.25/40


Not much in the way of heavy supply until 102.25 and above according to my Prime Brokerage…

USD/JPY: Market eyeing resistance levels near 101.50/55


Talk of a barrier at 101.50 which will be well defended; July highs at 101.55 directly above…

AUD/USD and Cable update


Prime broker reports stops just above 1.6200 in cable but sell orders also seen 1.6215/20 which…

Major breaks on crosses should cause a re-think on AUD/USD, USD/JPY


GBP/JPY made a significant move higher last night breaking above monthly highs at 163.00. It's…

GBP/JPY: Major resistance at 163.00


Huge level looming large for GBP/JPY at 163.00 (see chart). Normally these levels hold on the first…

China PMI and BOJ to add volatility today


There are no significant trends in control at the moment so the best we can look for is some…

Potential trade ideas for Asian session


NZD/JPY: Could be worth selling near 84.00 with a tight stop, especially if USD/JPY stays below…

NZD/JPY: Failure at 84.00 opens way for deeper pullback


Modest up-trend still in control but we could see a pullback towards 81.00 after resistance levels…

EUR/JPY: Keep short stops above 135.70


It's Monday morning so we may get some silly moves but the fact that it hasn't happened yet…

USD/JPY: Market long and bullish


I have no idea where USD/JPY is headed in the shortish-term. The market is quite long yet it looks…

EUR/JPY: Looking to enter short position near 133.80


This pair has come a long way over the past 12 months and I feel we are soon going to see a sharp…

EUR/JPY: Selling big rallies looks like play here


Good afternoon from cold and wintry London and I'm taking a badly needed break from back-to-back…

Asian market open, Wednesday October 30th


The USD has made more ground overnight, breaking through short-term resistance against the Yen…