October 17, 2012
AUD/JPY: Time to book some profits
I find it very hard to trust any moves which happen in early Asian twilight markets so I've booked…
October 16, 2012
EUR/JPY: Resistance looming near 102.80
Lots of positive developments for the EUR today, with the Spanish bailout request moving into view,…
October 16, 2012
AUD/JPY: Next resistance hourly highs at 81.20/25
This pair still looks quite strong but Europe may take a different view, so I will lighten my long…
October 16, 2012
JPY crosses picking up some bullish momentum; volatility to stay for next few hours
Early Tokyo is keen to jump on the Yen-crosses bullish momentum and both EUR/JPY and AUD/JPY have…
October 16, 2012
EUR/JPY technicals: Play 101.50/102.80 with bullish bias
The break above 101.90 has given this pair a bullish bias in my opinion, and I'm looking for a…
October 16, 2012
AUD/JPY trade: Risky longs in play
JPY crossesTrade IdeasUSD/JPYAUD,NZD
I've got a relatively small long position here at 80.68 with a 40 pip stop-loss and I will look to…
October 15, 2012
USD/JPY: Good-sized selling interest reported above 78.85
Flows and OrdersJPY crossesUSD/JPY
Nice bounce in EUR/JPY off the earlier lows near 101.00 has taken USD/JPY to an intraday high near…
October 12, 2012
EUR/JPY: Obvious parameters at 100.50/101.80
A quick look at the 30-minute chart shows a 5-wave down-move which stalled at a double bottom.…
October 11, 2012
AUD/USD: Mildly bearish sentiment in early trade
Local interbank dealers are mildly bearish this morning although no-one is expecting any big moves…
October 9, 2012
Japanese accounts buying AUD/JPY
Flows and OrdersJPY crossesAUD,NZD
Looks like there is some AUD/JPY demand slated for the Tokyo fix and Japanese banks have been…
October 9, 2012
AUD/JPY: Still short with stop above 80.10
I went short last night after the bearish break below 79.70 but a combination of stop-loss buying…
October 8, 2012
Maybe they should be called stop-hunters instead of spot dealers?
Technical AnalysisGBP crossesJPY crosses
That's pretty much what an interbank spot dealer does these days, sees where the stops are and goes…
October 8, 2012
EUR/JPY: Technical support nearby
The Yen crosses are in a bit of a freefall so I wouldn't be trying to pick a bottom anytime soon…
October 8, 2012
AUD/JPY: Sold smalls at 79.59
There is a strong whiff of risk-off sentiment in the air and I think AUD/JPY might be the right…
October 8, 2012
AUD/JPY: Looks like a ‘sell-break’ set-up
JPY crossesTrade IdeasAUD,NZDTechnical Analysis
I think the market is looking to get short the AUD but hasn't really even started yet (in fact…
October 8, 2012
EUR/JPY: Next support at 101.85
A quick look at the 30-min chart shows that there are three lows at 101.85 and this level should…
October 5, 2012
AUD holding on to gains heading into European open
JPY crossesEUR/USDUSD/JPYAUD,NZD
Let's see what the early European traders have to do, hopefully a bit more that we saw here in…
October 5, 2012
USD/JPY dips after BOJ decision
Obviously with the market already long, there was nowhere to go but down. The BOJ has kept the size…