July 24th, 2009 03:44:44 GMT.

AUDUSD: Intraday views


The AUDUSD is finding sellers related to AUDJPY at 8150-60 area at the moiment. AUDJPY is sitting on 77.00 with yesterday’s resistance at 76.60 now support. Any pullback to that level will see buyers emergeĀ  with stops lower under 76.00. … Continue reading


July 23rd, 2009 01:26:08 GMT.

AUDJPY still in demand


The AUDJPY demand into the Tokyo fix earlier has caught a few traders short and upwards momentum should last throughout Asia. AUDJPY support comes in at 76.00 with resistance at 77.20. On the AUDUSD, there is a some resistance here … Continue reading


July 21st, 2009 23:35:38 GMT.

Early Tokyo selling the JPY crosses again


Just as I had anticipated earlier, dealers are selling the JPY crosses in anticipation of some corporate or Toshin related selling around fixing time. GBP/JPY has fallen from 154.10 to 153.70, with technical support at 153.20, and AUD/JPY has fallen … Continue reading


July 20th, 2009 03:52:41 GMT.

AUDUSD higher on back of AUDJPY


Good buying of AUDJPY has been seen today. Once thru 76.00, stops were triggered running up towards 76.50 and it hasnt looked back. Technical resistance at 76.60(high on the 7th July). Even subdued PPI numbers were unable to hold the … Continue reading


July 20th, 2009 00:38:58 GMT.

JPY crosses marching higher


AUD/JPY is back above 76, presently trading at 76.13 after opening around 75.70. Technical resistance on the day is at 76.63, the bearish trendline from 80.45 through 78.40. GBP/JPY also has trendline resistance in the picture, but not for another … Continue reading


July 15th, 2009 23:32:56 GMT.

JPY crosses bit lower on CIT news


Nothing major to report just yet. Cable remains above 1.6410 and AUD and EUR have both fallen about 30 pips against the JPY as the risk-off trade gets replaced by the risk-might-be-back-on-not-100%-sure-yet trade.


July 14th, 2009 02:36:32 GMT.

AUDUSD: Intraday views


Some good confidence numbers sent the AUDUSD higher earlier but was unable to crack thru 7850. Look for support atĀ 7790-00 with offers 7840-50. If we can get above 7860 then we may see it towards 79c, but until then play … Continue reading


July 13th, 2009 22:24:20 GMT.

Don’t forget the Toshin maturities


Toshins are investment vehicles which allow Japanese retail clients to invest in overseas securities. Investment houses package large amounts of investors together, often totalling billions of dollars worth. Early last week there were some new Toshin launches which were incredibly … Continue reading


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