Comments on: Quiet start to interbank trading week https://fxww.com/quiet-start-to-interbank-trading-week-3/ The Professional Source Sun, 24 Nov 2013 21:33:05 +0000 hourly 1 By: Sean Lee https://fxww.com/quiet-start-to-interbank-trading-week-3/#comment-32144 Sun, 24 Nov 2013 21:33:05 +0000 http://381c099c8f.nxcli.net/?p=11189#comment-32144 Remember Abdullah that we are still somewhat undervalued on a l/t view of GBP/JPY so I wouldn’t be trying to sell it anytime soon

]]> By: Sean Lee https://fxww.com/quiet-start-to-interbank-trading-week-3/#comment-32142 Sun, 24 Nov 2013 21:31:29 +0000 http://381c099c8f.nxcli.net/?p=11189#comment-32142 Hi Brady, daily high from 8th July at 101.55/60

]]> By: Brady https://fxww.com/quiet-start-to-interbank-trading-week-3/#comment-32141 Sun, 24 Nov 2013 21:28:32 +0000 http://381c099c8f.nxcli.net/?p=11189#comment-32141 Hi Sean

I’m only seeing 101.35 as my high for UJ – Am I missing something?

Rgds,

Brady

]]> By: Abdullah Hussain https://fxww.com/quiet-start-to-interbank-trading-week-3/#comment-32137 Sun, 24 Nov 2013 21:00:09 +0000 http://381c099c8f.nxcli.net/?p=11189#comment-32137 In reply to Sean Lee.

You know me Sean, I’m still a usd/jpy person, I just keep up with the other pairs to better help my trading knowledge, Whats really been bothering me is Gbp/Jpy, Do you see any possible brakes being put on this run away train? its just keeps going up and up, and now that we’ve passed the 2009 highs, I don’t want to think about the next stop! I have read some bank opinions that we will be going back down past 160 again heading lower, but I don’t believe them to much, what are your thoughts on GBP/JPY??

]]> By: Sean Lee https://fxww.com/quiet-start-to-interbank-trading-week-3/#comment-32135 Sun, 24 Nov 2013 20:48:09 +0000 http://381c099c8f.nxcli.net/?p=11189#comment-32135 Hi Abdullah. I still think that cable is headed to 1.75 and whilst this might drag EUR/USD up at first, I would sell that rally as I think we are in a cross-market and we will see EUR/GBP down at .77/.78 which would have EUR/USD at current levels again. So range trade EUR/USD and sell big rallies in USD/JPY imho.

]]> By: Abdullah Hussain https://fxww.com/quiet-start-to-interbank-trading-week-3/#comment-32134 Sun, 24 Nov 2013 20:35:04 +0000 http://381c099c8f.nxcli.net/?p=11189#comment-32134 Morning Sean, I’m Suppose to stay away from trading, But Hey, who said I couldn’t still keep an eye on the market from time to time! So my question Sean is, the Eur/Usd, do you think the 1.38 top will hold, I mean, we have been Creeping North ever since that dip, I figured it was going to go up, But I didn’t expect an increase past this level, So whats ur take, are we going back north,or is this just a minor detour which will subside in the coming week, I still am in the view of a Bear trend for this pair. As for the Usd/Jpy, well, I am not to keen to throw numbers like 105 around like some of our friends for December, but in the long run it is a reality, for now, I think between where we are now and 101.6 the Bears should come back, and I wont be surprised if we hit 100.2 soon and if they get some additional data on their side, we could dip further to 99.1/2, but I\ll wait for 100 range first, what are your thoughts on the matter? (i am neutral usd/jpy for now)

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