I dont think the MOF should be concerned too much about the US reaction: url

USD/JPY Discussion

The mistake is in assuming that their rhetoric is meant for the forex market participants. I think their target audience is the Japanese exporters and the Japanese public just to act like they are doing something. They will point to their "easing" ...

USD/JPY Discussion

Well, it indicates that bearish commentary and sentiment is going off the deep end and into insanity. To me, it is an indicator of a reversal similar to when people were predicting $200 crude in 2008 and E/U parity a couple of months ago.

USD/JPY Discussion

You know it's time to buy when you see articles like this: url

USD/JPY Discussion

Intervention?? That was quick and fast! Hope it keeps going!

USD/JPY Discussion

My guess is the recent action has more to do with weakness in the Dollar Index than any risk aversion. DX is flirting with its 200MA, which could lead to a large bounce. url

USD/JPY Discussion

Strange action on the U/J today. S&P up over 20 points, US manufacturing data beat all expectations and then the U/J actually goes in the red. I really think something big is going to happen one way or the other.

USD/JPY Discussion

I understand that most of the Yen gains are being driven by perceived weakness in the US, but it is surreal how the Yen has been gaining in spite of pretty much all the cards in the deck being stacked against it: 1. Increased risk appetite - Check ...

USD/JPY Discussion

The Yen is going to take a huge hit. Risk appetite increasing, while the Japanese economy is hurting big time. Japanese core machinery orders down 9.1%, while the current account increased 20% less than expected. Today's numbers shift the ...

USD/JPY Discussion

Wow, there is some real long-term stuff happening on the weekly. My attached image shows that we are skimming the downtrend line that we broke out off in March. Very important support. If broken, could lead to big moves. My guess is that it holds ...

USD/JPY Discussion

Sounds about right to me. I think you need a lot of patience for this pair as it is not controlled simply by interest rate differentials. There are a lot of other influences, such as risk aversion, export flows and a watchful hand from the Japanese ...

USD/JPY Discussion

Pin-bar forming on the daily chart.

USD/JPY Discussion

wtf dude, post this crap on another thread. If people wanted to read your trade journal, I'm sure they will follow you there.

USD/JPY Discussion

Sounds like a sign that you should think before calling everyone else a fool.

USD/JPY Discussion

Took profit on my 3 lots that I'd been holding since 0.7950. I'm all cash now. Will look for short if it gets near 0.85. Otherwise, will look for longs around 0.8150-0.82. Have a good weekend all.

AUD/USD

E/A broke down through 1.70. Very bullish for A/U if E/A closes below 1.70 or if E/U has a corrective rally back to 1.42-1.43.

AUD/USD

Long time lurker, first time poster. Looks like AUD showed a lot of strength relative to the EU today. Nice pin bar developing on the 4H, while 1H (bullish engulfing) and 30M (bullish harami) have already confirmed and developed reversal candles. On ...

AUD/USD