Comments on: Asian market open, Thursday September 19th

By: Sean Lee

Sean Lee — Thu, 19 Sep 2013 03:41:34 +0000

Hi Alec, easy money has been made. I am thinking 93/97 sideways for few weeks but USD in serious trouble

By: Alec

Alec — Wed, 18 Sep 2013 23:48:04 +0000

Hi Sean, how about AUD/USD? Do you think it will go even higher?

By: Abdullah Hussain

Abdullah Hussain — Wed, 18 Sep 2013 23:23:14 +0000

In reply to Sean Lee. Will do Sean, thanks for the ranges, i was sick of this pair moving in such a tight range, at least now I know what direction we're moving towards! And hopefully eventually when we hit rock bottom, we can place excellent buy positions cause eventually i see this pair going higher.

By: Sean Lee

Sean Lee — Wed, 18 Sep 2013 22:42:38 +0000

Morning Abdullah. USD is in trouble now and will fall further but we might see Yen crosses break higher. That should mean extended range trading but way too early to pick ranges. Definitely huge sell area now 98.80ish and keep stops above 9950

By: Abdullah Hussain

Abdullah Hussain — Wed, 18 Sep 2013 22:37:13 +0000

Morning Sean, What A Day, well Sean, im sure you know im Gonna ask you about my favorite pair, so how high do you think we will go sean before we go back down futher. 98.6 sound like good number, currently 98.24 is putting up a good fight, and how low will we go interm, 97.25- 97.75? Also Sean a secondary question, to be honest lots of people have been throwing around the 95 and 93 number, is it really a reality in your view or will 96 range hold?

By: Sean Lee

Sean Lee — Wed, 18 Sep 2013 22:35:55 +0000

Not in a straight line Snehal but yes, I’d expect now to see a much weaker USD before Christmas

By: Snehal

Snehal — Wed, 18 Sep 2013 21:54:14 +0000

Sean – just glancing quickly, looks like we can expect EURUSD higher to 1.40 and GBPUSD higher to around 1.68; USDCHF lower to around 0.88 region and AUDUSD to about 0.99? Also, the NZD, RAND, ZAR, NOK, INR and SGD recovering to some significant degree I presume