October 11, 2013
Yen weakness looked impulsive; more to come?
JPY crossesFXWW NewsUSD/JPYAUD,NZD
I'm on the wrong side of this having sold EUR/JPY yesterday near 132.00. I'm hoping for some early…
October 10, 2013
EUR/JPY: Small short in play
USD/JPYFXWW NewsFlows and OrdersJPY crossesTrade Ideas
I was in sell-rally mode this morning in EUR/JPY and am dipping my toes in the water with a small…
October 10, 2013
USD/JPY: Heavy offers 97.60/75 cap for now
Yellen appointment helped USD and risk-trades sending USD/JPY higher; Budget impasse still a worry…
October 8, 2013
USD/JPY: Ready to test important support levels
USD/JPYFXWW NewsFlows and OrdersTechnical Analysis
As I mentioned yesterday, the bids between 96.70/90 were very large; Semi-official names and…
October 7, 2013
USD/JPY: Large bids reported between 96.70/90
USD/JPYFXWW NewsFlows and OrdersTechnical Analysis
The low so far has been 96.87 and interbank dealers report large bids at regular intervals between…
October 7, 2013
USD/JPY: 96.60/75 looks like the pivotal level to watch
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
Depending on which charting system you are using, the 200-day SMA comes in somewhere between…
September 30, 2013
USD/JPY techs: Well-watched trend-line now offers support near 97.40
Depending on which charting package you use, you will have this previous trend-line coming in…
September 27, 2013
USD/JPY: Gravitated toward major option expiries at 99.00
Reasonably large option expiries at 99.00 ($1 billion+) ensured that prices gravitated toward…
September 26, 2013
USD/JPY up as Nikkei recovers on corporate tax cut talk
USD/JPY is testing 98.80 and the Nikkei is back to flat after being -1.3% earlier.
September 26, 2013
USD/JPY: Trend-line support looming near 98.20
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
We have a thrice tested trend-line coming in near 98.20 (see chart); Short-term sentiment is…
September 24, 2013
Market continues in choppy sideways consolidation
AUD,NZDFXWW NewsEUR/USDUSD/JPYFlows and Orders
EUR/JPY: M&A chatter gave some support to the cross today and short-term support at 133.00…
September 24, 2013
JPY outlook: Selling short-term rallies in Yen crosses is preferred strategy
JPY crossesFXWW NewsUSD/JPYTrade Ideas
AUD/JPY looks to be in retracement mode and we could see a deeper dip towards 91.40 (see chart);…
September 23, 2013
AUD/NZD: Stops targeted below 1.1200 in early trade
AUD,NZDFXWW NewsEUR/USDUSD/JPYFlows and Orders
The EUR is slightly higher across the board after Angela Merkel won the German election, although…
September 20, 2013
USD/JPY: Bullish break-out confirmed
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
This is the chart that the USD/JPY bulls are looking at (see chart) and it does present quite a…
September 19, 2013
USD/JPY should find support on dips
FXWW NewsUSD/JPYTechnical Analysis
USD/JPY should be somewhat less impacted than the other USD pairs by the unexpected Fed decision.…
September 18, 2013
USD/JPY: I’m staying cautiously bearish
Latest rebound stalling at a 61.8% rebound level (see chart); Taper already written into market…
September 17, 2013
USD/JPY Techs: Bears can sell near 99.40 with tight-ish stop
USD/JPYFXWW NewsTechnical AnalysisTrade Ideas
(See chart). I really like the risk-reward possibilities on this trade. Trend-line and Fibo…
September 16, 2013
Lack of bounce in USD will be worrying dollar bulls
GBP crossesFXWW NewsUSD/JPYTrade Ideas
We saw a somewhat 'silly' and overdone sell-off in the USD earlier this morning on the back of news…