Major banks turning very bullish USD


The dollar had a very strong night on Friday, driven by significant month-end flows from US…

USD/JPY takes out recent highs; next targets 99.25 and 99.90


Despite the hedge fund selling earlier, USD/JPY is making new highs and has taken out this weeks…

USD/JPY: Hedge fund’s selling in recent trade near 98.50


FXWW303, our interbank insider, is reporting that hedge funds have been selling USD/JPY in recent…

Modest gains in NZD, AUD but quiet otherwise in Asia


I think the basing in the NZD is an important development which could have implications for other…

USD/JPY: Back to bad old days with 20 pip ranges


USD/JPY has been ridiculously volatile in recent months, flying around by 300/500 pips session by…

AUD/USD: Edging towards upper end of recent ranges


The majors have stayed fairly quiet today in Asia and I haven't really gained any valuable insights…

USD/JPY: Should be re-named Jekyll and Hyde


Overall I think we go lower in this pair and we will probably see levels back towards 93.00 in…

EUR/JPY touching short-term down-trend line


USD/JPY has edged back toward 98.00 and AUD/USD is nearing likely support at .9230 as the USD again…

USD/JPY: Very difficult to trade, wait for big swings


USD/JPY is brutally hard to trade at the moment and best left alone in my view, unless of course…

USD/JPY: Cutting my small short position at break-even


I had a small short position from last week in USD/JPY at 97.87 which I've just cut at break-even.…

USD/JPY: Making new session highs, target 99.25/40


Now the bulls have regained short-term control of the USD/JPY market and any dips back towards…

USD/JPY: Trying to stuff-up as many traders as possible


I thought about using some different language, but perhaps not :) I haven't traded this pair for a…

Modest rebound in AUD and risk sentiment during Asian trade


Macro funds were noted buyers of AUD/USD below .9200 earlier this morning. ACBs intervened heavily…

USD/JPY: Trendline resistance holds overnight


If in doubt, have a look at the technical picture an old mentor of mine used to say. The 4-hour…

USD keeps on rising


Hedge funds continue to buy the USD across the board and there is little point in getting in the…

AUD/USD: Latest bids filled and it still looks heavy. USD/JPY nearing technical resistance.


Despite the solid demand from the BIS, the AUD/USD is still looking heavy. I've added to my long…

USD/JPY: Should stay heavy in risk-off environment


With equity markets falling quite heavily, the natural reaction in the FX market is for risk pairs…

Few pointers from Asian session


AUD/USD: Technical support at .9430 is relevant. USD/JPY: Bearish undertone continues with…