May 24, 2013
Look to Yen crosses for leads all over the market
USD/JPYTrade IdeasAUD,NZDJPY crossesEUR/USD
The next week or so of trade is likely to be characterised by what happens in the JPY crosses.…
May 24, 2013
AUD/JPY: Touching strong technical resistance
JPY crossesTrade IdeasAUD,NZDTechnical Analysis
Yesterday's breakdown below the consolidation pattern accelerated once 99.50 was broken; we are…
May 23, 2013
AUD/JPY: Smashed to 97.50
We've been watching it all day and I wish I'd been clever enough to sell the break, but I wasn't.…
May 23, 2013
Nikkei getting hammered, USD/JPY nearing important support
The Nikkei has had an extremely nasty reversal, now almost 4% lower after being in positive…
May 23, 2013
AUD/JPY selling emerges out of Tokyo
Recent lows at 99.45 have been breached after some quite heavy selling out of Tokyo. I really…
May 20, 2013
Japanese banks downplay EconMins comments
One of the bigger Japanese banks is downplaying the weekend comments from Amari-san regarding the…
May 17, 2013
AUD/JPY: Nearing base of wedge formation
JPY crossesTrade IdeasAUD,NZDTechnical Analysis
If you think the AUD is somewhat oversold then you might consider buying AUD/JPY with the base of…
May 17, 2013
AUD/JPY: Still trading sideways in a wedge formation
Technical AnalysisJPY crossesAUD,NZD
Short-term support at 100.40/45 has been breached but this pair is still trading sideways in a…
May 10, 2013
Yen crosses staying steady
No fireworks today in Asia and it looks like we will have a quiet wind-down now until Europe gets…
May 10, 2013
AUD/USD: Overall bearish but AUD/JPY could be the fly-in-the-ointment
I'm sticking with my bearish bias on AUD/USD but with solid support at .8350/60 holding in the…
May 10, 2013
Trade of the day: Buying EUR/JPY
Trade IdeasJPY crossesEUR crosses
Chart resistance at 131.00 has been breached. USD/JPY is through the big psychological barrier.…
May 10, 2013
Lot of rumour driven moves so be very careful
Flows and OrdersJPY crossesUSD/JPY
Barriers, stop-losses, and plenty of rumours; just another day in the FX market! There have been no…
May 8, 2013
Stop-losses reported downside in Yen crosses
Flows and OrdersJPY crossesUSD/JPY
USD/JPY stops reported below 98.60 and at regular intervals through 98.20. NZD/JPY stops also…
May 7, 2013
EUR/JPY intraday: Still prefer the buy-dip strategy
Trade IdeasJPY crossesEUR crosses
I was watching this pair closely on Friday night and it felt to me as if it had turned a corner…
May 6, 2013
EUR/JPY: Friday night’s price action suggests bull trend back on track
Trade IdeasJPY crossesEUR crosses
Anyone who traded through the NFP data on Friday probably has the same sense that I have, namely…
April 26, 2013
EUR/JPY: Stops being targeted below 128.65
Dealers report some sizeable stop-loss sell orders below 128.65 and it looks like the market is…
April 25, 2013
EUR/JPY: Still operating in a wedge formation
Trade IdeasJPY crossesTechnical Analysis
I've posted the 2-hour chart in the members section. It's been forming a wedge pattern over the…
April 25, 2013
AUD/NZD probing recent lows at 1.2100
OthersEUR/USDJPY crossesAUD,NZD
Even though we've broken below daily support at 1.2140, bearish momentum hasn't really increased…