Comments on: Focus will now turn to EUR/USD and Cable https://fxww.com/focus-will-now-turn-to-eurusd-and-cable/ The Professional Source Wed, 29 May 2013 08:56:43 +0000 hourly 1 By: Papillon https://fxww.com/focus-will-now-turn-to-eurusd-and-cable/#comment-21283 Wed, 29 May 2013 08:56:43 +0000 http://381c099c8f.nxcli.net/?p=8046#comment-21283 In reply to Sean Lee.

You are my crystal ball so I have to understand what you say 😉

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By: Sean Lee https://fxww.com/focus-will-now-turn-to-eurusd-and-cable/#comment-21275 Wed, 29 May 2013 08:00:10 +0000 http://381c099c8f.nxcli.net/?p=8046#comment-21275 Quick look at charts suggests 7910 as ideal Kiwi entry

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By: Sean Lee https://fxww.com/focus-will-now-turn-to-eurusd-and-cable/#comment-21274 Wed, 29 May 2013 07:58:12 +0000 http://381c099c8f.nxcli.net/?p=8046#comment-21274 You’ve summed me up in a few lines Papillon 🙂 Range trading USD/JPY makes a lot of sense as its plenty volatile and even though I don’t trade NZD/USD, I think it will be a buy somewhere quite soon. Not much help, but need to watch and wait for chance there I think

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By: Papillon https://fxww.com/focus-will-now-turn-to-eurusd-and-cable/#comment-21273 Wed, 29 May 2013 07:31:42 +0000 http://381c099c8f.nxcli.net/?p=8046#comment-21273 Good evening Sean,

I took back your posts since the last week for refreshing my thoughts after the break. I have concluded that we have this context :
– EUR/USD : trading range [1.2800-1.3000]
– EUR/GBP : neutral
– EUR/CHF : play buy dips, near 1.2350
– EUR/AUD : focus target at 1.3800, play buy dips, levels ??
– EUR/JPY : Range [130.00-134.00]; It seems safer to play buy dips.
– USD/JPY : play the edges [100-104]
– USD/CHF : play buy dips, near .95. Bullish bias
– AUD/USD : Bearish bias
– GBP/USD : It looks safer to short GBP/USD than EUR/GBP

I hope it could help me to find new trade ideas for this week ??

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By: Milan https://fxww.com/focus-will-now-turn-to-eurusd-and-cable/#comment-21270 Wed, 29 May 2013 06:51:52 +0000 http://381c099c8f.nxcli.net/?p=8046#comment-21270 I think the barrier option at 1.50 is a likely target given current USD strength and fading rallies towards 1.51 the best strategy for Cable currently. Might take out some weak buy stops above 1.5050 first, but 1.5080-1.51 should be decent resistance.

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