USD/JPY: Still favour lower, but will stay choppy


No major change to my outlook here, I still think that we will gradually trade lower over coming…

EUR, CHF and JPY bullish; GBP and AUD bearish


The FOMC had centre stage last night and their slightly dovish twist has had a mixed effect on the…

JPY crosses: Bears should show some patience


The speculators have started selling the Yen crosses again but they may have a tough time of it…

CAD/JPY and GBP/JPY: Talk of good-sized selling interest


Unfortunately I don't pay much attention to either pair and the levels at 95.35 and 150.00…

USD/JPY: Trying to form short-term base near 97.60


The market seems to be getting a bit bearish in the short-term on USD/JPY and it may be ripe for a…

Care is warranted on JPY and CHF crosses


We are witnessing some hefty positional liquidation across the so-called 'risk' pairs and I think…

EUR/JPY orders: Decent selling interest 132.80/00


These orders look like some clever guys looking to book at least partial profits and it's not guys…

Quiet session in Asia apart from few stop-loss runs in Yen crosses


The market had a go at some stops in USD/JPY below 99.20 and in EUR/JPY below 131.00 but apart from…

USD/JPY should continue to drift lower but….


Plenty of conflicting forces at play in the Yen pairs which should ensure volatility, but not all…

EUR/CHF: Chopping my longs for tiny loss as risk-aversion returns


I'm giving up on this pair yet again and taking my 20 pip loss. I bought a small position last week…

USD/JPY trading sideways after weekend elections


The Japanese PM won the expected majority in weekend elections but early attempts to buy USD/JPY…

JPY outlook: Crosses starting to look bid again


EUR/JPY broke through technical resistance at 131.20 and looks like a buy-dips proposition for a…

EUR/JPY: Shorts looking precarious again


I would have thought that the Bernanke testimony yesterday would be modestly USD-bearish and…

EUR/JPY fast approaching technical resistance at 131.10


I'm really not sure what is driving the EUR/JPY higher from these already lofty levels but if…

USD/JPY: Favour selling intraday rallies for test of 98.30


The possible Head-and-Shoulders formation in EUR/JPY is still relevant. AUD/JPY looks to be in…

EUR/JPY: Nearing right shoulder of H&S formation


There is quite a nice H&S formation here with a right shoulder at 131.15. We can expect to see…

Hard to find any rhythm in this market


It's definitely starting to feel like 'holiday' markets and I know I'm not the only one who is…

EUR/USD: Anyone else smell a short market?


Maybe I'm reading too much into this, and I probably am as I don't trade it very much, but the…