Hi folks,

These days there is a lot of talk about Japanese equities, bonds and currency.

The below charts are just an intermarket view on the recent developments.

This first is a plot of the Nikkei and the Yen, with chart analytical tools. See how the confirmation of clear on the recent breakout, as compared to a failed attempt in the past.…

UBS - "We continue to prefer the dollar amongst the major currencies. Foreign exchange markets are already largely discounting the Fed easing policy further when 'Operation Twist' finishes this month. But they are not reflecting additional easing from the world's other major central banks in 2013. This week's key points for currencies are:

- dollar already pricing in upcoming Fed easing

- euro bulls should heed ECB, Bundesbank downgrades

- USDJPY bulls shouldn't exit after…

UBS - "We expect the dollar to be the best-performing major currency next year. UBS expects the US to grow by 2.3% in 2013 while the Eurozone, UK and Japan suffer stagnation or weak growth at best. Financial markets have largely priced in the Federal Reserve's third round of quantitative easing, while the European Central Bank, Bank of England and Bank of Japan are likely to undertake further balance-sheet expansion in 2013. Dollar diversification over the past decade by US fund managers,…

UBS - "This week we discussed our bullish dollar view with forty clients in London, Stockholm and Paris. We found hedge fund managers ready to short the yen but real money managers often unwilling to sell Japan's currency given fears over America's 'fiscal cliff'. That suggests positioning is not extreme despite the yen hitting six months lows against the greenback.

We continue to see the yen falling to 85 over the next three months. We also remain sceptical about the Australian dollar…

Curt Wehrley
Twitter: @fxcoachcurt
FX Strategist & Trader Coach
Licenses: Series 3, 34
FX Bootcamp

FX - EURO





The EURO closed lower on Friday as it consolidated some of last week's rally. The lowrange close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this…

Although price action was mostly muted across the major currency pairs following notable London session moves, some logical trade setups which yielded modest profits did materialize during Monday's New York morning trading session. In this video, I review the analysis I conducted in our New York FX Training Room today which supported the cases for EUR/JPY and…

The feature currency on the first day of the new trading week was arguably the Japanese yen, which continued its recent retreat against multiple major currencies. The GBP/JPY currency pair rose 110 pips from its New York morning session low, then straddled the 128 level during the final two hours of the European trading day.

Curt Wehrley

Twitter:…

While sorting through the longer-term charts for the major pairs and reflecting on the 10-14 September FX trading week, the euro's five-day rise of 2.5 percent against the US dollar -- its largest weekly advance against the greenback in 33 weeks -- certainly caught my attention. As I scanned the daily charts for the yen crosses, it quickly became apparent to me that the eye-popping move of the week was the Japanese currency's two percent drop against Europe's single currency on Friday 14…

Two conditions historically conducive to weakness in Japan's currency have been building since the start of this month. During the week of 13-17 August, the yen responded.

When government bond yields in developed economies start rising, Japanese investors tend to shift more money overseas. In our New York FX Training Room earlier in the week, I mentioned the recent rise of benchmark yields in the bond markets which had previously benefited from strong inflows on the back of concerns…

The Bank of Japan (BOJ) is scheduled to announce its latest policy decision and release its semi-annual economic outlook report sometime during Friday's Asian trading session.

Japan experienced extreme inflation immediately following World War II due to ballooning government debt fueled by war spending and other expenditures. Over the 30+ years since the country's 1986-91 asset price bubble, Japan has seen a 20-year period of general disinflation (deceleration in rising prices)…

My pick for this week's feature foreign exchange market trade could evolve into a long-term carry trade for currency traders who saw the opportunity, took it, and held it.

Three weeks ago today, I discussed in this post some factors behind the rough start the Japanese yen has had this year, and suggested that "it has…

As technically i think that down trend is started for EUR/JPY so ,be care yen is so stronger than eur,fundamentlly this year top eur can test bottom so keep long term invested in shorting eur jpy…

Europe's common currency established a new multi-year low against the Japanese yen and a new 11-month low against the greenback during today's New York morning session.

Watch a 9-minute video tour of our members-only website…

Hi everyone, and welcome back to a new week in this crazy forex market. BOJ intervention past Asian session is old news right now, yet still a hot topic: would a standalone intervention will be enough to keep weakening the yen? Check the “From the editors’ desk in the Beginners corner: there is a full article that includes  FinMin Azumi statements,  saying that they intervened in FX market to take firm steps against speculative action, adding that they will continue to intervene until…

GBP/USD & GBP/JPY strong bearish move on the horizon ?!!! (Strong Trend Reversal) especially GBP/JPY , we'll find out the next 24 - 48 hours,  If we got a signal on the daily the pair should move to 130.00 at least and may be further  toward 125.00 -123.00 level ...

Stay tuned ?!!!

Regards

Recommendation: Buy the pair around 135.00  S/L134.00   T/P 137.00 and…