Comments on: USD/JPY: Another topside test favoured today https://fxww.com/usdjpy-another-topside-test-favoured-today/ The Professional Source Thu, 23 May 2013 06:11:58 +0000 hourly 1 By: fxgai https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21018 Thu, 23 May 2013 06:11:58 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21018 Howz about that, 101.76 the low so far.

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By: fxgai https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21014 Thu, 23 May 2013 04:46:24 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21014 Very much agree, I don’t see the medium/long term USD/JPY bull trend abating, but short term I have been waiting for a pullback and I think we’re seeing the start of it now.

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By: Sean Lee https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21012 Thu, 23 May 2013 04:41:13 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21012 Txs mate, hear Japanese corps still need to buy dips so prob won’t see any big collapse

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By: fxgai https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21011 Thu, 23 May 2013 04:33:54 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21011 Looks like a double-top of sorts has played out on the USD/JPY hourly chart. This should be good for a dip to 101.75 ish, but perhaps we’ll see a bigger retrace back down towards 100 and perhaps 98-99. I’ve got the bottom of a channel on the daily chart coming in down there, but I do imagine there will be plenty of buyers ahead of 100 as well.

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By: Muneer https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21008 Thu, 23 May 2013 03:56:43 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21008 Thanks sean.

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By: Sean Lee https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21006 Thu, 23 May 2013 03:47:35 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21006 In general Muneer, USD/JPY will lead the JPY crosses but not always. It could be the case that GBP/JPY breaks lower, USD/JPY stays stable and GBP/USD falls. But again, in general, the USD/JPY will lead any major cross moves

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By: Muneer https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-21005 Thu, 23 May 2013 03:45:18 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-21005 Lets say gbpjpy breaks lower, will there be a chance that usdjpy goes lower? or does the usdjpy always lead?

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By: Sean Lee https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-20987 Thu, 23 May 2013 00:32:55 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-20987 Hi Jason, haven’t really noticed that before but in general, liquidity between NY close and Tokyo open is usually pretty bad and hence the bigger than usual moves

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By: Jason https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-20985 Thu, 23 May 2013 00:06:20 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-20985 Good morning Sean,

Newbie for forex trade, why do USD/JPY always sees intraday high pre-Asia session?

Is this a normal trading pattern?

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By: Sean Lee https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-20980 Wed, 22 May 2013 22:54:34 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-20980 Nothing yet Sean, will keep yu posted

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By: Sean https://fxww.com/usdjpy-another-topside-test-favoured-today/#comment-20979 Wed, 22 May 2013 22:48:58 +0000 http://381c099c8f.nxcli.net/?p=7880#comment-20979 are you hearing any chatter yet out of Tokyo about orders and what not?

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