EUR/JPY: Still plenty of demand, buying dips favoured


The overnight highs at 114.30 should attract some profit takers during Asian trade but with EUR…

Plenty of volatility in thin overnight markets


The FX market will not return to full strength until January 7th although we should see some…

EUR/JPY intraday outlook: Play edges of 112.50/114.00 range


Bulls still in complete control and no sign of any topping formations developing. I'd expect dips…

Order info updated


The delay in fiscal cliff negotiations has obviously affected risk sentiment over the last few…

Buy the rumour sell the fact


One of the oldest sayings in the market but also one of the truest. The market is very short of…

BOJ: Expands asset buying program by Yen10 trillion


EUR/JPY popped up on first reaction but with no mention so far of inflation targets it fell back…

EUR/JPY: Should meet resistance now near 111.50


EUR/JPY has held firm near 111.00 after the Greek FinMin's reported comments that Greece could…

EUR/JPY getting smashed on pre-BOJ profit taking


To say I'm an unhappy chappy would be an understatement this morning, with the long-awaited purge…

EUR/JPY: Retail positioning not nearly as extreme as in professional market


Just reading through the retail positioning information from retail brokers like Oanda and Axi…

EUR/JPY: Adding to shorts though it’s looking riskier now


My small sell order at 111.50 was triggered and I'm still expecting (hoping) a top to form…

EUR/JPY: Hedge funds selling


Two hedge funds, one out of Singapore and the other out of Zurich, seen selling EUR/JPY in recent…

EUR/JPY edging higher as risk sentiment improves


The Chinese FDI data was down on last year but no-one is paying any attention and risk sentiment is…

EUR/JPY closes yesterday’s opening gap, another bullish sign


     The gap from Friday's NY close to yesterday's opening level was perfectly closed overnight,…

Downside stops in EUR/USD and AUD/USD


Stop-loss sell orders getting mentioned on the early European grapevine with 1.3115 in EUR/USD and…

EUR/JPY: Looking to close opening gap to 109.90


     There hasn't been much bounce in EUR/JPY over the last few hours so a move lower to close the…

Lot of volatility in EUR/JPY so keep positions manageable


After opening 150 pips higher than its NY closing level, EUR/JPY dipped 60 pips in about 10…

EUR/JPY starting to get hit by profit takers


There has been a fairly sharp 30 pip dip in EUR/JPY over the last few minutes with profit takers…

Yen crosses holding on to gains; still no reports on volumes, orders


Interbank dealers are still way too busy to be chatting with any other traders, never mind…