AUD/USD: Traded to .9390 in illiquid stop-driven markets


This morning's price action is all about stop-loss orders. USD/JPY took out stops below 98.80 and…

Taper or not, I’m not expecting a large USD rally


Economics and fundamentals aside, and purely looking at price action in the majors over the last…

Still prefer to stick with bearish USD play


Some of the levels are getting a bit trickier for instance in USD/JPY and AUD/USD, where it's hard…

USD/JPY: Buying dips looks like safest play


I'm really not sure what to make of USD/JPY, the market is long but then the market does get it…

USD/JPY: Very large offers on interbank platforms


Reports in the FXWW-RM chat-room of very large offers every few pips above 100.00 in USD/JPY. Our…

Asian market open


FXWW Asia Open Briefing 10-09-2013 Modest short-covering seen in some of the EUR crosses overnight…

USD/JPY: Opens higher amid heavy turnover


Nikkei expected to open higher today; Chinese trade data supports the 'risk' trades; Market…

USD/JPY: Waiting, waiting, waiting…


We are sitting just below what many see as a pivotal short-term directional level at 100.00. Hedge…

USD/JPY holds the key again; bias still very bullish


Massive optionality at 100.00; Heavy stops directly above 100.10; ACBs reportedly buying dips but…

USD/JPY running into plentiful supply above 99.65


Corporate offers are capping for now with more seen at 99.70, 99.80 and 100.00; Option-related…

USD/JPY: Likely to run into headwinds ahead of 100.00


Heavy optionality expected at 100.00; Corporate sell orders starting at 99.60/65; Break out of…

USD/JPY breaks out of wedge formation


The well-watched wedge formation on the daily chart has now broken (see chart) and the obvious…

Asian market open: AUD/JPY moving higher in early interbank trade.


FXWW Asia Open Briefing 01-09-2013 Many thanks again to Milan for his excellent overview. AUD/USD…

Yen outlook: Expecting Yen to weaken when EM crisis recedes


USD/JPY is still trading in a consolidative wedge pattern suggesting the next impulsive move will…

USD/JPY outlook: Prefer to buy dips towards 96.60


Consolidation wedge pattern still in play with base at 96.60 (see chart); AUD/JPY support at…

USD/JPY: Bids proved solid near 98.00


Despite the relatively heavy selling in AUD/JPY and the presence of stops below 98.00 in USD/JPY,…

USD/JPY: Likely to stay quiet but downside risks in short-term


The August holidays are in full swing and we can expect another very quiet session in Asia. USD/JPY…

Levels to watch for during European trade


USD/JPY should be pretty toppy now on any approach to 99.00; bids reported to be solid at 98.10…