AUD/JPY: Trade with an intraday bearish bias


The AUD has been under mild pressure for the last 3 sessions as medium-term longs start hedging…

EUR/USD: Fibo resistance at 1.2960


     The 61.8% retracement of the recent fall from 1.3005 to 1.2880 comes in at 1.2960, right where…

USD/JPY technicals: Prefer buying dips to 81.45


     The strongest trend in the market in recent weeks has been the bullish USD/JPY trend and with…

Cable trade idea: Sell into technical resistance


     The EUR/USD rally on Friday was sort of understandable in that the market was short and…

GBP/CAD: Hedge funds watching this pair closely


     Nice to see some of the big hedge funds reading my modest posts, and I've just received a note…

AUD/USD session outlook: Eyeing the top of the weekly wedge


     I've been trading this pattern for the last few months and it's been pretty good to me so no…

EUR/JPY dispatches another technical resistance level


This very strong trend continues to power ahead and weekly trendline resistance near 106.20 has…

EUR/JPY: Pulls back off weekly trend-line


The weekly trend line which I mentioned earlier ("first main level to watch today is in EUR/JPY…

USD/JPY session outlook: Might pause for breath again near 83.20


     USD/JPY traded in a tight 40 pip range between 79.20/60 before the current explosive bull move…

EUR/JPY technicals: Important resistance close by at 104.80


     The 61.8% retracement of the 5-wave down-move from 111.40 to 94.10 comes in at 104.80. The…

USD/JPY technicals: Targeting 200-week MA at 85.20, last breached 5 years ago.


     The clean break above technical resistance at 81.50 is yet another bullish indicator and the…

The day ahead in the FX market, Tuesday November 20th


BOJ two-day meeting ends; all 22 economists surveyed by Bloomberg expect 'no change' to policy:…

CAD/JPY: Looks set for big breakout move


     This is definitely a pair worth watching. Any escalation in Middle East violence has the…

USD/JPY session outlook: Levels to watch at 80.70/81.50


     The market is bullish so there is no point in getting in the way of this sentiment. Initial…

AUD/USD session outlook


     As you know I am short and bearish but there is no compelling reason to suspect that the…

USD/JPY: Technical analysis


Courtesy of Chifbaw.com: What is happening with the Yen? Analysis:  The USD/JPY has been very…

USD/JPY technicals: Next decent resistance is near 81.50


That is where the 61.8% retracement of the 84.15/77.10 move lies.

I should’ve listened to Lefty!


My mate in hedge fund sales told me last night to buy USD, particularly USD/JPY, and that we will…