Comments on: Quick overview of Asian market https://fxww.com/quick-overview-of-asian-market/ The Professional Source Fri, 09 Nov 2012 08:14:02 +0000 hourly 1 By: Sean Lee https://fxww.com/quick-overview-of-asian-market/#comment-5894 Fri, 09 Nov 2012 08:14:02 +0000 http://fxww.dreamhosters.com/?p=2432#comment-5894 I’m only talking about a quick 150 pip rally from 12725 to 12875 perhaps?? Something like that

]]> By: Papillon https://fxww.com/quick-overview-of-asian-market/#comment-5890 Fri, 09 Nov 2012 08:06:49 +0000 http://fxww.dreamhosters.com/?p=2432#comment-5890 Sean,

Why do you prefer the short term buy dip ? The backdrop is quite poor for EUR :

– EUR/GBP : below 0.800
– EUR/JPY : break out 102.20
– EUR/AUD : yesterday low below 1.2200
– EUR/USD : below 200 MA daily

What’s your view to buy dip ?

]]> By: Sean Lee https://fxww.com/quick-overview-of-asian-market/#comment-5866 Fri, 09 Nov 2012 06:34:27 +0000 http://fxww.dreamhosters.com/?p=2432#comment-5866 Morning Milan. I sort of prefer the short-term buy-dip play but not with any strong conviction. I’d ignore what happened in Asia, there was no liquidity and mkts moved on next to nothing. I’d guess EUR/USD 1.2720/30 base for today and maybe see stops above 12810 triggered later? Something like that is my bias but as said, not with strong confidence

]]> By: Milan https://fxww.com/quick-overview-of-asian-market/#comment-5861 Fri, 09 Nov 2012 06:11:22 +0000 http://fxww.dreamhosters.com/?p=2432#comment-5861 Hi Sean,
Do you think the positive sentiment will continue into London or is this something to fade? EUR/USD looks like a great short, with a SL at 2810, 2700 target.

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