June 19, 2013
USD/JPY edging lower in very quiet trade
AUD,NZDFlows and OrdersUSD/JPYFXWW News
No surprise to see a very quiet session ahead of the big FOMC risk event. USD/JPY is edging lower…
June 19, 2013
USD/JPY: Still looks likely to test important levels at .9340 and below
Flows and OrdersJPY crossesTrade IdeasUSD/JPYFXWW News
Obviously much will depend on the FOMC language but 'risk-off' sentiment remains dominant in the…
June 18, 2013
USD/JPY/EUR: The three ugly sisters
The big level for me is 93.40 in USD/JPY; this is where the big 1000 pip launch began after the…
June 16, 2013
AUD/JPY will open the week at a very important level
Technical AnalysisAUD,NZDTrade IdeasEUR/USDUSD/JPYFXWW News
The inverted head and shoulders (see chart) on the short-term charts has a right shoulder at 90.00…
June 14, 2013
EUR/JPY: Intraday bears can try selling at 128.10 with tight-ish stops
As I mentioned below, USD/JPY is likely to tend back towards 95.00 throughout the course of the…
June 13, 2013
USD/JPY: Got my bids lined up at 93.50
Its not that I'm bullish really, just that I think we are in swing trading markets and as it's…
June 13, 2013
USD/JPY: Bulls should be patient and wait for 93.50
Bearish momentum is very strong at the moment but bulls shouldn't give up hope as they have the…
June 13, 2013
USD/JPY still looking very heavy
USD/JPYFlows and OrdersFXWW News
I think the big factor at play here is the positional liquidation by one or more of the huge macro…
June 12, 2013
Finally a very quiet Asian session; the EUR/AUD order might finally be done!
USD/JPYAUD,NZDOpen/WrapFXWW News
It was very quiet in Asia today and there was no sign of the local bank who's recently been buying…
June 12, 2013
USD/JPY: Still looks to have the potential to cause a lot of pain
If markets are comfortable then you will seldom see massive volatility so obviously the USD/JPY…
June 12, 2013
USD/JPY weakness affects all other major pairs
AUD,NZDGBP crossesTrade IdeasUSD/JPYFXWW News
I think they are called 'no-brainer' trades for a good reason and yesterday morning's open near the…
June 11, 2013
USD/JPY: Be patient and wait for big rallies
AUD,NZDTrade IdeasUSD/JPYFXWW News
I could've been a bit greedier on EUR/JPY but nobody ever went broke booking profits so best go and…
June 11, 2013
USD/JPY: 97.50/75 looking like key support level
USD/JPY has stalled at important technical resistance at 99.00 and the bears will be optimistic…
June 10, 2013
USD/JPY: Buying dips favoured in short-term
AUD/JPY; solid demand reported on dips from Japanese accounts. EUR/JPY; break above 129.50 has…
June 7, 2013
If it’s volatility you’re after….
USD/JPY took out stops below 95.75, traded to 95.58 and then gets paid at 96.75; definitely not for…
June 7, 2013
USD/JPY: Stops targeted below 95.75
Dealers tell me that latest run lower in USD/JPY was to trigger stops below 95.75 before it…
June 7, 2013
Time to be short USD
AUD,NZDEUR/USDUSD/JPYTrade Ideas
USD/JPY is the lead pair here. Prices had already risen by over 30% from 76.00 and yet the market…
June 6, 2013
Come on Aussie, just another 80 pips!
USD/JPYAUD,NZDGBP crossesTrade Ideas
I'm stuck with a bad AUD/USD position from yesterday at .9600 and being a stubborn old goat, I…