Comments on: Focus stays on USD for now but Yen crosses look bit wobbly https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/ The Professional Source Wed, 05 Jun 2013 09:08:03 +0000 hourly 1 By: Johanes https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21785 Wed, 05 Jun 2013 09:08:03 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21785 Hi,

For EUR/CAD I use W,D,8H,4H a combination of time series band model.

The EUR/CAD is proposed to hold for 3-4 months, but will be closed at any beneficial position (4H/8H,D).

For short-term, I use the combination of W,D and 2H and 1H.

]]> By: Sean Lee https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21782 Wed, 05 Jun 2013 08:48:16 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21782 Really not sure on eurcad directionally; prob still prefer buy dip strategy simply because I like euraud still highr

]]> By: Sean Lee https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21781 Wed, 05 Jun 2013 08:45:04 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21781 For such a longer term strategy Johanes, I wud use at least the 2h if not 4h for shorter term lvls

]]> By: Johanes https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21778 Wed, 05 Jun 2013 08:28:27 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21778 Hi,

I am holding short position for EUR/CAD from the level of 1.3450-1.3550 to target 1.2200-1.2000, the estimated quarterly to semi-annually exchange rate target zone of the band.

Is it make sense from your analytical point of view?.

]]> By: Johanes https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21777 Wed, 05 Jun 2013 08:24:30 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21777 It seems USD remains stronger against major currencies. Long-term currency bands (5 years) indicate that AUD/USD, EUR/USD, GBP/USD to move to downward direction. I prefer to stay short positions for those pairs. By opposite, USD/CAD, USD/JPY and USD/CHF to upward direction and I look to long position.

Medium to short-term time series currency band however at slightly mixed with price elasticity highly volatile And, I look for weekly holding positions by using 1H and 2H time series and to ignore the quarterly based series.

Can you guide me which one more consistent to follow?.

]]> By: Sean Lee https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21754 Wed, 05 Jun 2013 06:24:59 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21754 Yes Cozmin, I think we will see CHF strengthening now in s/t to follow Yen

]]> By: Sean Lee https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21753 Wed, 05 Jun 2013 06:24:14 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21753 Hi Yass, think 9525/9850 ish range for rest of week. Sorry no ideas on nfp lottery

]]> By: mike https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21752 Wed, 05 Jun 2013 06:19:28 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21752 Hi, Sean,

Any news from swiss cross?

Thanks

]]> By: Cozmin https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21751 Wed, 05 Jun 2013 05:35:32 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21751 Hi Sean, do u still think CHF will follow eventually yen strength? Do u think is a good ideea to take a short CHF, let’s say via EUR? Many thanks

]]> By: Yass https://fxww.com/focus-stays-on-usd-for-now-but-yen-crosses-look-bit-wobbly/#comment-21750 Wed, 05 Jun 2013 05:30:33 +0000 http://381c099c8f.nxcli.net/?p=8252#comment-21750 Hi Sean,
What are you thinking for Aussie dollar going into NFP. I know we are range trading currently to the lower level. Do you expect a bounce from here. I would like to get short around 0.97 .What are you expecting for NFP . Thanks

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