Not seeing too many clear-cut trades at the moment


EUR/JPY still looks soft but the risk-reward in selling at current levels is not very attractive,…

Short-term technicals updated


I've updated the following pairs in the members section: EUR/JPY: In retracement mode with scope…

Chinese New Year should ensure quiet day in Asia


Morning all. Happy New Year to all those celebrating the Lunar version and I'm expecting a quiet…

EUR/JPY: Close to intraday target at 124.00


I think we will be paying a lot closer attention in future to the intraday flow guy who called this…

EUR/JPY: Early selling out of Tokyo but bounces straight back


Looks like the information was quite accurate but there has been little or no follow through after…

EUR/JPY: Intraday flow guy goes short


Normally the information from this source is quite good. He's looking to initiate shorts around…

Short-term technicals updated


I've updated EUR/USD, EUR/JPY, USD/JPY and EUR/CHF in the members section. You can also access them…

Yen crosses still easing lower


Dealers report some modest profit taking from Japanese accounts but otherwise not a whole lot going…

Dangerous escalation in tension between China/Japan


This is one story which might have an increasing impact on the financial markets. Tensions in the…

EUR/JPY: Another 60 pips lower in early Asian trade


The low this morning has been around 124.20 and there would seem to be scope for a much deeper…

JPY positioning: Most of big Yen short positions are in Asia


That is according to the big Prime Brokers which means the yen crosses are susceptible to sharp…

Levels to watch on Monday morning


AUD/NZD: Closed last week right on long-term technical support at 1.2310 (same old chatter still…

EUR/JPY: The move to 130 was foretold on October 19th last year


Unfortunately not by me, but by an emerging hedge fund manager, and here's the link that some of…

And on to the contentious issue of fair value


Just like the age-old questions of 'what's the best song ever written' or the 'greatest goal ever…

Yen selling begets more Yen selling


The FX market is like a great big herd of sheep, constantly looking for direction and then all…

Real money buyers all over the JPY crosses


Thanks for all the emails outlining exactly who has been buying the Yen crosses in recent days, and…

Reducing my AUD/JPY short position


This JPY trend is just too strong so I'm reducing my AUD/JPY shorts by 1/2, taking a small loss,…

USD/JPY: Just keeps on making new highs


Nobody seems to be able to tell me exactly who is buying this pair, but someone is that's for sure…