April 29, 2013
Prefer to look for USD buying opportunities from current levels
Trade IdeasAUD,NZDOthersEUR/USDUSD/JPY
USD/JPY should find some decent support in the low 97's I feel, cable should be toppy near 1.5580…
April 25, 2013
Levels to watch in this mornings trade
Flows and OrdersAUD,NZDOthersEUR/USDUSD/JPY
USD/JPY: Obviously whatever happens at 100.00 will have a major bearing on all other pairs.…
April 24, 2013
USD/JPY: Looks like another attack set to be launched on 100.00 barrier
A couple of people who are very close to the action tell me that another test of 100.00 is…
April 23, 2013
AUD/JPY: Increased short position in play
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
I sold this pair on Friday last at a 61.8% Fibo retracement level near 102.85 and we now have a…
April 22, 2013
USD/JPY: More stops now being reported above 100.00
I think we all presumed that they were there but some of the big banks are confirming this now. The…
April 22, 2013
Now the FX market can really open for the week
Trade IdeasUSD/JPYAUD,NZDGBP crosses
Thankfully I've missed no opportunities during a very side-ways Asian session so we can look to…
April 22, 2013
Staying quiet in early Asian FX market
Trade IdeasAUD,NZDGBP crossesEUR/USDUSD/JPY
Nothing much to report so far this morning with most of the market's focus on USD/JPY, and whether…
April 22, 2013
USD/JPY: Barrier protection still in place ahead of 100.00
Dealers report plenty of interest near 100.00 with option-related sellers being joined by…
April 22, 2013
AUD/JPY: Still capped by Fibo resistance at 102.85
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
The 61.8% retracement of the 105.40/98.70 fall comes in at 102.85, which was the high on Friday…
April 19, 2013
Heavy flows going through in early Europe
Flows and OrdersUSD/JPYEUR/USDGBP crosses
Sovereign names selling USD/JPY in reasonable size near 99.25 but no sign of a pullback yet.…
April 19, 2013
AUD/JPY: Trying risky shorts ahead of technical resistance
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
The 61.8% retracement of the big fall from 105.40 to 98.70 comes in at 102.85. I've taken a risky…
April 19, 2013
USD/JPY: Real money sellers reported above 98.60
Comments from Japanese FinMin Aso have accelerated the buying in the Yen crosses but USD/JPY is…
April 19, 2013
South Korean FinMin says weak Yen is bigger threat than North Korea
So much for no mention being made at the G20 of Japanese FX policy! We might see USD/JPY dip a…
April 18, 2013
USD/JPY: Fairly heavy stops reported below 97.50
Flows and OrdersUSD/JPYAUD,NZDGBP crosses
Cable: Clearer seen buying decent amount in recent trade. AUD/USD: solid bids 1.0260/65, stops…
April 18, 2013
USD/JPY: Volatility to remain high; up-trend versus risk events
This pair is still definitely still in a bull trend. There are big risk events looming such as the…
April 17, 2013
AUD/JPY resistance levels at 102.10 and 102.85
Technical AnalysisUSD/JPYAUD,NZD
The market is currently stalling at a 50% retracement level near 102.10 but there is a much…
April 17, 2013
USD/JPY heading into European open near session highs
Trade IdeasUSD/JPYAUD,NZDJPY crosses
Obviously the up-trend is very strong yet I'm slightly surprised to see USD/JPY holding up so well…
April 16, 2013
USD/JPY: Very sensitive to headlines regarding Softbank/Sprint deal
It's estimated that Softbank bought around $20 billion USD at an average entry levels of around…