EUR/USD: Large stops reported below 1.3000


This is something to watch out for in early European trade with stops reported below 1.3000 and…

EUR/JPY: Buy dips for test of 131.10


I favour buying intraday dips back towards 129.60/70 with a reasonably tight stop looking for a…

If it looks and smells like a Toshin flow…


A good source at a local hedge fund is hearing that Toshin demand is driving the NZD and AUD higher…

EUR/JPY: Looking to play 127.50/129.00 with a bullish bias


The short term charts (see members) suggest that EUR/JPY is consolidating in a wedge pattern after…

Selling in Yen crosses coming out of Tokyo


I thought it might be early hedge funds out of Switzerland who've hit the Yen crosses in the last…

Sell orders close by in Yen crosses


GBP/JPY: Sell orders reported 151.05/20. EUR/JPY: Decent selling interest near 130.00/10.

USD/JPY heading into European open near session highs


Obviously the up-trend is very strong yet I'm slightly surprised to see USD/JPY holding up so well…

AUD/USD: Minor technical resistance at 1.0400


The 38.2% retracement of 1.0580/1.0290 is at 1.0400. EUR/AUD continues to rally which should…

AUD/JPY: Close below 100.00 will be worrying longer-term bulls


The AUD had a bear of a day yesterday, driven by big falls in precious metals, poor Chinese data,…

Yen crosses crunch through support levels


AUD/JPY seems to be leading the charge lower, taking out a 38.2% retracement support at 102.15 with…

EUR/JPY: Testing support at 127.70


This level is the previous trend highs and should now offer plenty of solid support. If it breaks…

EUR/JPY back below 130.00


Just looking at the charts and they suggest that the next level of support should be around 129.40…

Cable looks like a good bet for some European volatility


Nothing of interest happening in Asia so it will be over to the Europeans to get this market…

USD/JPY: Still capped by massive barrier protection


Bulls will probably be getting a bit nervous by the inability to crack through these barriers but…

Yen: Best to go with the flow


USD/JPY is stalling ahead of heavy barrier protection at 100.00 but nobody really knows what lies…

Yen crosses: Strong bounce back shows strength of trend


There was a rush of profit-taking in pairs like AUD/JPY and EUR/JPY in late-Asia early-Europe…

EUR/JPY: Missed my chance for quick contrarian trade


Always much easier in hindsight of course, but EUR/JPY simply smelt wrong near 130.00 earlier today…

JPY starting to feel a bit overstretched


Now I'll be the first to admit that I've thought this on many occasions and been wrong but USD/JPY…