Nothing new emerging during Asian trade: NZD the big loser so far today


There have been no new developments over the last few hours, fundamentally or technically, and…

EUR/JPY support still holding


The most relevant level today in Asia would seem to be the technical support at 100.20 in EUR/JPY…

USD/JPY: Hedge funds buying 1-week out-of-the-money calls


It seems some still hold out hope that the BOJ will intervene, especially with Q3 just about to…

Nikkei likely to open sharply lower: EUR/JPY support at 100.20 might be threatened


I just picked up a nice piece of info on Twitter from Chris Weston who says that there are a large…

EUR/JPY: Technical support at 100.20


That's the 61.8% retracement of 98.00/103.80 upmove. That should be an important level. Below there…

What the big Prime Brokers are reporting..


Not much is the short answer, though it seems many of the big hedge funds are quite neutrally…

Commodities slightly higher; risk trades follow suit


The Chinese leading indicators index rose more than expected, oil prices rose overnight after…

Asian market open


You can read my opening comments on FX Street.

Asian market open


You can read my full opening commentary on FX Street. Summary: EUR/USD range trade 1.2930/1.3000;…

EUR/JPY slicing through technical support levels


There is a 61.8% retracement level at 101.15 which has already been breached and previous highs…

AUD/JPY still getting smashed: Chinese warships on the move


A quick look at the daily chart shows that there has been a huge move lower in AUD/JPY today. The…

How to go poor trading FX, part I


Sell dips in Asia! Yes just occasionally the market starts a move in Asia but don't forget that the…

AUD/JPY techs: Looks bearish but key support looming


The 4-hr chart shows that this pair has broken below a pivotal level at 81.80 but there is more…

Risk trades getting hit as Chinese stocks fall


I'm now in sell rally mode on pairs like EUR/JPY, EUR/USD and AUD/USD as risk appetite wanes in…

Majors unchanged after HSBC China PMI


The September flash of China manufacturing PMI came in close to expectations at 47.8, up marginally…

EUR/JPY seriously testing support levels


A clean break below previous hourly lows at 102.09 would certainly have the short-term bears back…

EUR/JPY still looks like key pair intraday


Nothing much going on at all this morning and the 102.20 level in EUR/JPY which we looked at…

EUR/JPY likely to be the key during Asian trade; important support close-by.


Let's have a good look at EUR/JPY to start the day. The daily chart is in a clear down-trend after…