JPY crosses

Risk sentiment turns south along with share markets

Chinese shares are almost 1.5% lower in early trade and this is affecting risk sentiment in Asia, with EUR/JPY sliding lower below 102.00 again. Moves are pretty slow at the moment, unfortunately we are not witnessing the same volatility as yesterday.

  1. Sean,

    I am officially out of the aussie till dec end. will start trading it from next year. too much crazy moves for me to digest here. eur/usd and gbp/usd looks much more sensible. In my opinion GBP still has unfinished target of 1.5850

  2. Hi Sean,
    EURUSD lingering just above fibo 38.2% (1.2040-1.3075) @ 1.2740, what’s your view on this pair for short term?
    I see no signal yet until it backs over 1.28 or below 1.2730 (way down to next fibo 50% lv)

  3. Hi Guitar, slight preference to buy s/t dips but more medium term I think that EUR/JPY partic could fall heavily and if that happens then EUR/USD probably falls as well?? Wait n watch mode and if it moves 75 pips either way then I consider entering

  4. Yes, Sean, watching EURJPY as well and the pair still held around support 101.70-80, if broken, I’m looking forward to seeing 100.60-70, but possibly nothing special until ECB meeting today…

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