May 27, 2013
USD/JPY still the main intraday focus
Flows and OrdersUSD/JPYAUD,NZD
The early interbank market was quiet today which means there are no major stop-loss levels close…
May 26, 2013
USD to stay bid, but not perhaps against the Yen
Trade IdeasAUD,NZDEUR/USDUSD/JPY
We saw some very interesting markets near the end of last week, particularly here in Asia where…
May 24, 2013
AUD/USD: Trendline resistance holds nicely
Technical AnalysisUSD/JPYAUD,NZD
The trendline resistance on the 4-hour chart held really nicely near .9750 and the AUD/USD has…
May 24, 2013
Look to Yen crosses for leads all over the market
Trade IdeasAUD,NZDJPY crossesEUR/USDUSD/JPY
The next week or so of trade is likely to be characterised by what happens in the JPY crosses.…
May 24, 2013
I’m sticking with USD bullish view for now
I used the bounce in cable to get out of my long position, only incurring a 50 pip loss which is a…
May 23, 2013
Risk sentiment recovering: Best wait for European markets for confirmation
I'm really not sure what to make of today's move on the Nikkei, is it the start of a big sell-off…
May 23, 2013
Nikkei getting hammered, USD/JPY nearing important support
The Nikkei has had an extremely nasty reversal, now almost 4% lower after being in positive…
May 23, 2013
AUD/JPY: Next support breached, 98.70 next bear target
AUD/JPY is the mover-of-the-day it seems and after one support level at 99.45 was broken earlier,…
May 23, 2013
USD shorts: When’s a good time to panic?
I've got a long cable position which is well out of the money and I know of a few other traders who…
May 23, 2013
USD staying strong, eyes on 104.00 in USD/JPY
I still like the risk reward in selling any strong rallies in USD/JPY towards 103.80 ish in…
May 23, 2013
USD/JPY: Another topside test favoured today
Trade IdeasUSD/JPYFlows and Orders
The USD generally looks bullish across the board and unless some of the big Yen crosses like…
May 23, 2013
USD bulls still in control
Plenty of action around the time of the Fed overnight and I'm expecting plenty of volatility today…
May 22, 2013
USD/JPY: No change after BOJ policy statement; stops reported both sides of market
Dealers tell me that the risk is now to the topside in USD/JPY with stops building above recent…
May 21, 2013
USD bouncing after Amari backtrack
The Japanese EconMin has backtracked to some extent on his weekend comments and this has led to…
May 21, 2013
USD/JPY: Dealers eyeing stops below 101.80
These stop-loss sell orders below 101.80 could come in for some close scrutiny in early Tokyo.
May 21, 2013
FX market consolidates ahead of Bernanke tomorrow
No great surprise to see some profit taking by USD longs ahead of tomorrow's appearance by Mr…
May 20, 2013
Japanese banks downplay EconMins comments
One of the bigger Japanese banks is downplaying the weekend comments from Amari-san regarding the…
May 20, 2013
Likely ranges to start the week
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
EUR/USD: Major technical target at 1.2745 on downside and sell orders at 1.2950 on topside:…