USD/JPY: Stops triggered on late reaction to EconMin comments


USD/JPY gapped lower as stops were triggered in what looks like a late reaction to weekend comments…

USD index breaks above major resistance level


The DXY closed last week above important technical resistance at 84.10 and USD bullish momentum…

AUD opens slightly higher in quiet interbank trade


Not a lot happening in early interbank trade although the AUD is slightly higher, most likely…

Japanese PM due to speak at 6:30pm in Tokyo


There is some speculation in the London market that he might make some fresh announcements to…

USD/JPY: Risk might now be to downside in short-term


Dealers reported plentiful stops below 101.80 earlier this morning and now that AUD/JPY support has…

NZD/USD takes out important support at .8350


Looks like Europe wants to buy the USD as well. NZD/USD broke below .8350 and triggered stops but…

Yen selling picking up pace in early Tokyo


USD/JPY is edging towards 101.00 in early Tokyo trade and it doesn't look like the market is tired…

USD/JPY: Didn’t trade between 99.94 and 100.20


One big player put a bid for multiple billions in the interbank EBS trading system at 100.20…

Lot of rumour driven moves so be very careful


Barriers, stop-losses, and plenty of rumours; just another day in the FX market! There have been no…

USD/JPY: Stops lurking just below the market


Obviously there is still some decent buying interest around as the market has been unable to…

USD/JPY: well confirmed range edges at 97.00/100.00


I have a mildly bearish short-term bias, only because of reports of stop-loss orders below 98.60,…

Stop-losses reported downside in Yen crosses


USD/JPY stops reported below 98.60 and at regular intervals through 98.20. NZD/JPY stops also…

AUD staying steady, Yen crosses easing slightly


USD/JPY is holding steady near 99.00 and the AUD/USD hasn't managed to test the important 1.0220…

Levels to watch in the FX market, Friday May 3rd


Remember that China and Japan are closed again today so it should be quiet in Asia.  AUD/USD bids…

USD/JPY: Barrier defence still in play at 97.00


The market's biggest player is reportedly defending a 97.00/104.00  double-no-touch option and…

USD/JPY: In consolidating markets, prices should revert towards the mean


Possible double-top on the daily chart at 100.00, and this is the key topside level. Short-term…

I wish I knew what was going where!


I'm still sitting with a core long position in USD/CHF but I haven't been able to get into the…

Levels to watch in the major pairs


USD/JPY: Obvious range edges at 96.00/100.00 and inside of that at 97.20/98.80 (chart in members).…