Outlook for major pairs August 9th: Trading focus to stay on the crosses


USD/JPY: I'm still short and I remain bearish. Much will depend on short-term flows in the crosses…

USD/JPY eases bit lower after BOJ keeps policy steady


No major developments for the USD/JPY bulls from the latest BOJ meeting and USD/JPY has eased back…

USD/JPY: Still bearish but cover shorts ahead of BOJ


I'm still short of USD/JPY and with the really big players selling in recent days, I'm in no big…

USD/JPY: Stops triggered below 97.50


The next leg of the run lower has started to pick up pace with the break below 97.50. There isn't…

JPY outlook, Wednesday August 7th


USD/JPY sitting on technical support near 97.50 and we can expect stops below there. China noted…

USD/JPY: Covering shorts at 98.10


I'm booking my 140 pip profit (see trade) as I want to concentrate on the AUD around the time of…

USD/JPY: Still favour lower, but will stay choppy


No major change to my outlook here, I still think that we will gradually trade lower over coming…

USD/JPY takes out support near 98.55/60; targeting recent lows at 97.70


I don't think this pair is going to collapse but I think short is the correct position to have. I'm…

USD/JPY: Solid demand but not much bounce yet


Our hedge fund insider @FXWW888 is reporting that Japanese Lifers have been noted buyers in recent…

USD/JPY: Selling rallies favoured intraday


Like I wrote below, positioning is still the main factor at play here. Some of the crosses like…

USD/JPY: Positioning still the great unknown, risk-reward favours bears


Pretty much every analyst you listen to is trying to outdo one other with their bullish USD/JPY…

USD/JPY: Option buyers likely to appear above 100


FXWW888 is reporting in the chat-room (patience needed :) ) that option players are likely to start…

USD/JPY: Happy to sell here near 99.50


All the cloud players will be very happy as the base held so well at 97.55 and gave them a 200 pip…

USD/JPY: Support holds yet again


Once more the bottom of the cloud near 97.55 has proven a step too far for the bears and we now…

AUD/USD staying heavy but .9000 remains untested today


The market is all beared up again on the AUD and local banks are now calling for another 2 rate…

AUD/JPY takes out previous trend lows


AUD/JPY has broken marginally below previous trend lows at 88.95 whilst AUD/USD is trading near…

USD/JPY: Sell orders noted 98.60/65


The support levels we mentioned this morning at 97.60 have done the trick and USD/JPY is in…

USD/JPY: Trying to form short-term base near 97.60


The market seems to be getting a bit bearish in the short-term on USD/JPY and it may be ripe for a…