Last Friday at around 1200gmt. When the jpy reached around 110.86 there was a sudden 60 pip spike. And each time it went sub-111 after that it seemed to shoot back up.

USD/JPY Discussion

a very obvious double top has been formed. Now could be the time to go short and target one level at a time!

USD/JPY Discussion

I wouldn't get carried away with going short yet, because the past two days have just been all about USD buying. Compare the 1hr charts of all the major usd pairs..they all look the same. High risk that once this buying is done, pairs like the aud, ...

AUD/USD

...and then it shot to the topside again after breaking below all the fib support and 200hma. What's going on? Oh, nothing . Just choppy price action

USD/JPY Discussion

today was all about usd buying. All usd pairs down in favor of the dollar. So today's moves weren't jpy motivated and likely do not reflect the true positioning of the jpy. So the medium term trend should still be downwards, but I'm not marrying to ...

USD/JPY Discussion

ok the short trade from 112.45 didn't work out, closed it with a loss..this fella looks like it wants to go higher still but yet seems to be struggling. No idea where it's headed to, frankly. I got burnt in my last 3 consecutive attempts at trading ...

USD/JPY Discussion

Ah yes, that's the chart in using too. The current trend. If it breaks the topside of this trend then I'll be looking at the trend line on @geppy's chart. It's been popping back up again during this Asian session presumably in reaction to Kuroda's ...

USD/JPY Discussion

112.40, where it is now could be the top for this leg. Entered short from there and watching for the level to hold, otherwise closing out and waiting for a clear rejection of the 200hma at 112.62ish before re-entering short. Also believe there's ...

USD/JPY Discussion

hmm, I smell a retracing coming.... 112.13 perhaps 50% fib of the move down post-fomc to today's bottom. You can't discount the effect of CB intervention. If BoJ does make a real effort, we may see a 200pip upswing. Fade it as much as you like, but ...

USD/JPY Discussion

gonna wait till europe opens before making a call on this. asia could be playing catch up with the market.

AUD/USD

Becareful not to be too confident in that...almost all recent rallies in the aud have been ended by a sudden, sharp fall. Reiterating imo that fundamentally nothing suggests a change in trend to the downside. Not saying 7780 won't happen,but no one ...

AUD/USD

Good truth in your statement. (Without any intention to undermine the potential unknowns from the market) The aud has climbed 500pips in 10 trading days without much of a pullback. Experience tells me that it's inevitable some retracement will ...

AUD/USD

yea i let go of my long from 7172 with barely 1 pip in profit and the next moment it swung down 26 pips again. this is the thing about the aud that i find most annoying..the "risk on" "risk off" sentiment that drives it. who knows tomorrow will be ...

AUD/USD

long from 7172 since this morning, waiting for some upward action but oh boy the swinging is annoying. perhaps i should put this trade aside and do something else meanwhile.

AUD/USD

woohoo been awhile since ive been here. took a two month hiatus off the markets. where's the usual bunch of peeps? the aussie$ having some fun on the swing this afternoon huh.

AUD/USD

The fact is... the markets are in year-end and pre-fomc mode. Plenty of up down left right movements. Best to keep trading lots small and stops tight. It's rare times like these when I trade purely on technicals... and right now the aud is smack ...

AUD/USD

looks like a good one. ive gone long on this but feeling nervous. the key one to watch will be the AUD...it's approaching the lower resistance at 7180 again. it could break this time and run down. if the nzd doesn't catch up and head down soon, the ...

AUDNZD

aud looking really mixed today, agreed with the comment that we may be range bound between 7180-7380ish. Let's see if it breaks below to end the week.

AUD/USD

still no proper move by the kiwi after 24hours. we need a catalyst.

NZD/USD

ah...wrong call on this one. with the USD buying strength returning.... NZD is amazingly resilient!

AUD/USD