January 18, 2013
FX market staying quiet in early Asia
Tokyo should start joining the fray fairly soon and it will be interesting to see if they want to…
January 17, 2013
Range trading in the main during Asia but some big moves to come
EUR/USDUSD/JPYOthersTrade IdeasAUD,NZDGBP crosses
AUD/USD triggered weak stops below 1.0500 after poor jobs data, AUD looks weak on crosses:…
January 16, 2013
JPY crosses: Buying dips worth considering once Asian market closes
Again I'm relying on the accuracy of interbank reports here, but they are usually pretty good. The…
January 16, 2013
EUR/JPY, USD/JPY: Short-term technicals updated
USD/JPYTechnical AnalysisJPY crosses
I've updated the short-term technical outlook for both EUR/JPY and USD/JPY in the members section.…
January 16, 2013
USD/JPY: Any Ichimoku experts out there??
USD/JPYTechnical AnalysisJPY crosses
I thought the report yesterday from one of the big banks that the really big JPY short positions…
January 16, 2013
Short-term technicals of major pairs updated
EUR/USDJPY crossesTechnical AnalysisUSD/JPY
You can see all up-dated short-term technicals in the members section and if you don't have a…
January 15, 2013
Short JPY accounts are mainly in Asia
Just reading an interesting note from one of the big banks that seems to be suggesting that most of…
January 15, 2013
The day ahead in the FX market, Tuesday January 15th
Open/WrapEUR/USDUSD/JPYJPY crossesFlows and OrdersAUD,NZDEUR crosses
Not much of note on the economic calendar after Mr Bernanke's Q&A this morning: We may see…
January 11, 2013
Yen steady in quiet after lunch trade
AUD,NZDJPY crossesEUR/USDUSD/JPY
Japanese traders are back at their desks after a badly needed 90 minute lunch break and trade is…
January 11, 2013
Japanese Government urging public pension fund to buy more foreign assets
More headlines running through the market grapevine. Surely they'd be better off supporting local…
January 11, 2013
USD/JPY: Short-term support now at 88.60
The first break higher this morning to 88.80 only managed to pullback as far as 88.60 before…
January 11, 2013
Abe and the Yen: This better be more than just verbal intervention!
USD/JPY has now risen 10 big figures since Mr Abe, whilst still in opposition, signposted his…
January 11, 2013
USD/JPY near base of monthly Ichimoku
Jim from FXCharts tells me that the base of the monthly Ichimoku cloud also comes in around 89.05…
January 11, 2013
USD/JPY: Time to try a risky short play
Nasty 50 pip rally in thin markets over the last 30 minutes with a barrier at 89.00 and Fibo…
January 11, 2013
USD/JPY: Barrier breached in thin late NY trade
Recent highs and a barrier at 88.50 have all been breached and stops have been triggered above…
January 11, 2013
Day ahead in the FX market, Friday January 11th
EUR/USDUSD/JPYFlows and OrdersAUD,NZDOpen/Wrap
Japanese trade data at 23:50 GMT: Chinese CPI at 01:30 GMT: EUR/JPY, double-weekly high at……
January 10, 2013
AUD/JPY keeps on moving higher
I'm still convinced this is a silly 'start of year' move with the Yen leg driven by what is in…
January 10, 2013
AUD/JPY: Trade idea for contrarian hard-asses only
Technical AnalysisUSD/JPYTrade IdeasAUD,NZD
A Yen analyst out of Tokyo, for whom I have a lot of respect, is calling an end to the Yen…