Gold up, oil down, risk off
Gold is nearly $4 higher today, currently trading at $1222/oz, oil is over 1.5% lower to almost $70/bbl and risk is off in the FX markets, best shown by the fall (and lack of meaningful bounce) in the AUD/JPY. Most traders will now await the Nikkei open for the next significant indication.

AUTOREFRESH 













AUD is the weakest commodity currency, losing twice as much as CAD and NZD. Short it on bounce. Should break .80 this week.
Covered my EurJpy shorts – I will wait for the London session to decide on the next trade
good decision loouise. I would do the samething. good luck for your next trade.
its a one side trip now loouise
EurJpy is now very very very very oversold – buying is not the right trade however – shorting rallies is the correct trade – I’ll be hoping to get some nice shorts at 111.00 levels maybe in London or NY session
Hi sean have the bids at 1.1920 been filled
it’s not going to get so far up. if it hits 106.50 in the morning (my morning, gmt) i’ll sell jpy then wait to see IF a clear spike appears. too tight.
All filled Talal, not much on order boards now until option levels 118 and 11750
Yes it will — might happen in 1/2 sessions however.
these eur/jpy shorts are just working fine already +100pips
sean are there any strong bids in usd/jpy around 91.00
haven’t heard anything there Talal