EUR/JPY: Next technical support at 99.50


There are two prior lows at 99.50 and that will be a very important technical and psychological…

EUR/USD: Stops set-off below 1.2880


EUR/JPY looks like it also set off some stops and the EUR/USD fell 20 pips very quickly in what…

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/USD: Overall bearish but still susceptible to short-covering bounces


It's very hard to be long either EUR or USD with any great conviction making this pair pretty hard…

AUD/USD: Play downward channel 1.0280/1.0460


My view all week has been that the market will get continually more bearish as this week progresses…

Asian market open


You can read my opening comments on FX Street.

Cable: Taking a bit of profit off the table


I've bought back my 1.6255 sales from yesterday at 1.6185 and will continue to play a broad…

Still running shorts but looking to book partial profits on dips


I added to my cable shorts earlier at 1.6255 and am hoping to book partial profits on dips to…

Early European flows


EUR/USD: Asian and Middle Eastern players were main sellers in early trade with the unconfirmed…

Adding smalls to cable position


I've sold a small amount of cable at 1.6255, adding to my existing short position. A UK clearer was…

EUR crosses touch Fibo supports


EUR/JPY touched the 61.8% support level at 100.20 mentioned below and EUR/GBP pulled up just shy of…

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…

RBA financial stability review


The very keen among you can read all the glorious details here.