EUR/CHF: More gains look likely, target 1.2650


I'm biased on this pair, already long with the 'no-brainer' trade of the year (stop-loss below the…

EUR slightly higher in early interbank trade


Fairly quiet start to the interbank trading week with EUR/JPY up at 119.15 from a close on Friday…

Bullish EUR party starting to pick up steam


EUR/GBP, EUR/CHF and EUR/AUD have started to join EUR/JPY on the bull run and whilst the latter has…

EUR/USD pops in early Europe as dealers worry about stops higher up


European dealers undoubtedly sat down and looked at their order boards, to see a sea of stops above…

Quick overview of Asian trade


USD/JPY triggered stops above the 88.50 barrier in very thin, late NY trade: Further gains in…

EUR/GBP technical up-date


     You can see my longer-term technical analysis in the members section, and I remain bullish…

Yen steady in quiet after lunch trade


Japanese traders are back at their desks after a badly needed 90 minute lunch break and trade is…

Japanese Government urging public pension fund to buy more foreign assets


More headlines running through the market grapevine. Surely they'd be better off supporting local…

Yen crosses ease back off earlier highs


EUR/JPY topped out near 118.60 during this morning's crazy period but has now settled back 117.90,…

USD/JPY: Short-term support now at 88.60


The first break higher this morning to 88.80 only managed to pullback as far as 88.60 before…

Abe and the Yen: This better be more than just verbal intervention!


USD/JPY has now risen 10 big figures since Mr Abe, whilst still in opposition, signposted his…

Korea keeps rates on hold


Base rate unchanged at 2.75%.

AUD/USD: Solid sell orders near 1.0600


The barrier at 1.0600 is holding firm and there are plenty of other sell orders near there as well.…

USD/JPY near base of monthly Ichimoku


Jim from FXCharts tells me that the base of the monthly Ichimoku cloud also comes in around 89.05…

EUR/JPY consolidating in nervous trade


The barrier at 89.00 in USD/JPY proved to be fairly small and EUR/JPY has broken above 118.00. The…

EUR/JPY: Trading above double-weekly high at 117.75; clean break targets 123+


As we saw in cable a few weeks ago, be wary of technical breaks in thin markets! Nevertheless, a…

Asian market open


You can click through here and read my full opening comments on FX Street.