AUD/JPY: Taking some profit off the table


I'm lucky that I got into this trade at a really good average entry and so I'm happy to start…

USD/JPY: Likely to run into headwinds ahead of 100.00


Heavy optionality expected at 100.00; Corporate sell orders starting at 99.60/65; Break out of…

AUD: Looking to book some profit on intraday rallies ahead of risk events


Plenty of risk events later today so I'm looking to reduce my AUD/JPY long position on any rallies…

EUR/USD: Expect support to be solid at 1.3165/70


A quick look at the daily chart shows why some traders are happy to start buying near current…

USD/JPY breaks out of wedge formation


The well-watched wedge formation on the daily chart has now broken (see chart) and the obvious…

EUR/GBP: Breaks below recent daily lows


But there is more technical support at .8465/70 (see chart). I'm still running a small short…

AUD/USD: Still finding decent support near .8900


On the last two visits to .8900, dealers have been reporting 'good names' on the bid; Technical…

EUR/USD: Solid technical support starting around 1.3180


The short-term trend is bearish but there is some technical support at 1.3180 (see chart) where a…

USD/JPY: Radiation reports could have some effect today


This is what @FXWW303 wrote in the chat-room a little earlier: "The BBC report on Tepco's…

AUD/JPY: Balancing act between reducing risk for weekend and staying on risk-reward trade


I really like the risk-reward on being long of this pair. The technical set-up looks promising…

JPY outlook: Time for the bears to take over again?


Wedge pattern in USD/JPY won't hold forever (see chart) and I expect it to break higher; EUR/JPY…

USD/INR opens 3% below yesterday’s highs


I've added to my AUD/JPY longs, my logic being that the market sold AUD/JPY very aggressively on…

EUR and GBP staying rangebound


EUR/USD looks technically toppy in short-term so long as 1.3425/50 resistance is able to hold;…

Yen outlook: Expecting Yen to weaken when EM crisis recedes


USD/JPY is still trading in a consolidative wedge pattern suggesting the next impulsive move will…

AUD/JPY: Taking small long position with stop below 86.10


Solid technical support at 86.25/40; Lot of buyers suddenly appearing in AUD/USD near .8900;…

USD/JPY: Buying dips favoured


The most obvious trade to my eye is to buy dips in USD/JPY whilst the wedge consolidation pattern…

EUR/JPY: Could be a good risk-reward prospect for dip-buyers


Presently we are seeing some severe risk-aversion amongst the major FX pairs whilst the EMs are…

EUR/JPY technicals: Still looks like classic consolidation


The daily chart is trading sideways in a classic consolidative wedge formation, with edges…