+1 (That's what I always say!)

USD/JPY Discussion

Looks to me like AUD/JPY, NZD/JPY, and lagging EUR/JPY are all making the second shoulder of head-and-shoulders pattern (best seen on 30-min scale). I expect confirmation by the opening of US session. Even EUR/USD H-S are in the works (need 20 more ...

USD/JPY Discussion

Looks like the difference comes from using bid vs. ask quotes

USD/JPY Discussion

nah, support, only up now :-)

USD/JPY Discussion

That's really cool! Mine is an ECN as well, but the best spread I get on EUR/USD is 0.5 pips (occasionally, there are zero spreads for a few seconds)

USD/JPY Discussion

My broker gives me spread that varies between 2 and 4 pips (mostly 2).

USD/JPY Discussion

AUD/JPY is doing miracles today, love that pair! Sky is the limit (well, 99.0). However, it's more efficient to buy on dips and take profit on highs many times rather than keeping a long position.

USD/JPY Discussion

Markets are awaiting the interest rate confirmation, and nothing will save yen after that, no matter what the decision. Carry trades are coming back.

USD/JPY Discussion

Testing former 115.84 resistance, now it's support When they announce the interest rate today, USD/JPY will fly high north :-)

USD/JPY Discussion

30-min chart is showing nice triangle that is about to be breached up. Easy 15 pips up, imho

USD/JPY Discussion

I think we will observe sideways corridor between 113 and 114.90 until the Bank of Japan decision on rate this week. Then, no matter what the result usd/jpy should start to trend up. Liquidation of short yen positios should be over by now, and I ...

USD/JPY Discussion

Must be speculation at the opening of NIKKEI

USD/JPY Discussion

On a 1-hour chart last candle signals U/J going up. Once we brak 113.87 will be a nice ride up

USD/JPY Discussion

That will happen when the USA defaults on its debt. In a few years...

USD/JPY Discussion

Bank of Australia promised to intervene today, and they've been trying hard to keep AUD afloat since then. Even with that help it's going down... Can't believe we'll be bying everything with such unrealistic discount

USD/JPY Discussion

That cheap British whiskey, please :-)

USD/JPY Discussion

Funny, "the moral police" of the USA outlawed online gambling, but this week on Forex is perfectly legal. Nice slide. Double or nothing on the red again?

USD/JPY Discussion

I think it would take more serious fundamental news to break such a strong trendline. That is, technical and fundamental factors have to play together, imho.

USD/JPY Discussion

I agree, daily looks down, and I don't expect for yen to start falling overnight. But 117.50 is as low as it can get based on weekly and monthly trendlines as well as fundamental rate differentials. When the "risk aversion" speculation wears off who ...

USD/JPY Discussion

I don't see a big move down - if only temporarily with a good opportunity to short yen on dip. We are at the lower trendline on both monthly and weekly. Plus, the interest rate on yen is likely to remain nonexistent. Carry trades are coming back ...

USD/JPY Discussion