April 5, 2013
USD/JPY technicals: 38.2% Fibo support at 95.50
The first Fibo of yesterday's big vertical upmove from 92.75 to 97.15 comes in near 95.50.
April 5, 2013
JGB futures sell-off sends USD/JPY tumbling also
Some talk that there might have been a 'fat finger' involved but no confirmation of that. Turnover…
April 5, 2013
EUR/JPY: 600 pip dips and 500 pip rallies
It was only a few weeks ago that EUR/JPY fell from 125.00 to 119.00 in a 24 hour period and now…
April 4, 2013
Let’s not sell EUR/JPY then
The JPY is on a runaway train and showing no signs of slowing. I sold small USD/JPY at 95.20 and I…
April 4, 2013
USD/JPY: Next technical resistance at 94.90
Technical AnalysisTrade IdeasUSD/JPY
No sign of the rally to run out of steam just yet. Technical resistance at 94.35 has been broken…
April 4, 2013
Big banks impressed by strong BOJ language
Citi are talking of 'shock and awe' whilst BoAML say that Kuroda is clearly trying to exceed market…
April 4, 2013
USD/JPY: Now over 100 pips higher, when is this rally silly?
Intraday traders will also be looking for silly over-bought conditions but I'd be careful about…
April 4, 2013
EUR/JPY: Trailing stop taken out above 120.40
I'm not sure if I'm the only short in the market with trailing stops? Probably not, which means at…
April 4, 2013
USD/JPY: Looks to have plenty of topside
The market doesn't really want to care about the details, it likes being long USD and short Yen and…
April 4, 2013
USD/JPY: initial reaction higher, cutting my shorts
I've bailed out of the remainder of my USD/JPY short position at 93.40 after the market's initial…
April 4, 2013
Looks like some hair-triggers in Yen market
USD/JPY went from 92.95 to 93.05 to 92.80 and back to 92.95 in a matter of minutes and it looks…
April 4, 2013
JPY: Time to reduce exposure ahead of BOJ
I've closed 1/2 my remaining EUR/JPY short position and have left my trailing stop in place for the…
April 4, 2013
USD/JPY: Expect plenty of volatility today
Order boards will be heavily reduced and with the BOJ statement only a few hours away, we can…
April 3, 2013
Risk to downside for Yen pairs tomorrow post-BOJ
30 pip ranges in most of the major pairings is the sum total of Asia's efforts today and my hope…
April 3, 2013
USD/JPY holding above 93.50 for now
USD/JPYTechnical AnalysisJPY crosses
The previous spike lows at 93.50 have been breached and the next technical resistance is at a…
April 3, 2013
JPY: Look for volatility to increase ahead of BOJ
The BOJ's two day meeting starts today and we can expect volatility in the Yen to increase as large…
April 2, 2013
USD/JPY: More bids layered toward 92.50
Plenty of selling today across the board in the USD and USD/JPY has filled good sized bids at 92.70…
April 2, 2013
AUD/JPY and cable worth watching in early trade
GBP crossesEUR/USDUSD/JPYTrade IdeasAUD,NZD
The break below 97.50 in AUD/JPY has changed the bias considerable in my view; sell any intraday…