Comments on: USD/JPY expected to gravitate towards 100.00 https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/ The Professional Source Fri, 31 May 2013 08:45:53 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21404 Fri, 31 May 2013 08:45:53 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21404 Hi Mike, EUR/CHF looks reasonably strong for now with support holding near 12400. USD/CHF looks bit soft and though I’m still in buy-dip camp, we may see a biggish dip, especially if USD/JPY keeps getting hit

]]> By: Papillon https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21403 Fri, 31 May 2013 08:32:42 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21403 Thanks Sean, yes I noted yesterday the double bottom and the neckline at 1.5150 on the cable but I haven’t a feeling on this cross for now 🙁

]]> By: mike https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21402 Fri, 31 May 2013 08:18:09 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21402 Hi, Sean,

What’s your current view about CHF cross?

Thanks

]]> By: Sean Lee https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21401 Fri, 31 May 2013 07:53:50 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21401 Agree Papillon, maybe a case of buying smalls and seeing what happens? Cable might also be a good buy with neckline at 15150 now from dbl bottom

]]> By: Papillon https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21400 Fri, 31 May 2013 06:41:31 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21400 Good evening Sean,

I like your view on EUR/USD. This context, reminds me on the last November. The market were short on EUR/USD and when the bads news have been stopped, we have gained +600 pips. Today, it seems that we have this context :

– EUR/GBP : bullish above .8635
– EUR/JPY : bullish bias
– EUR/CHF : bullish bias
– EUR/AUD : bullish bias
– You mentioned that the banks seems to want some EUROS (solids demands)

However the technical view on EUR/USD is not so clear to jump in right now. Since February, we have this range [1.3200-1.2800].

…My conclusion : we have to wait but as usual maybe you have more clues than me ? 😉

]]> By: fxgai https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21399 Fri, 31 May 2013 06:33:37 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21399 Nikkei 225 closed the month of May out with a very ugly candle – a 2,000 pip shadow.

Sell in May and go away?

]]> By: Danny https://fxww.com/usdjpy-expected-to-gravitate-towards-100-00/#comment-21398 Fri, 31 May 2013 06:21:54 +0000 http://381c099c8f.nxcli.net/?p=8121#comment-21398 Can explore possibility to buy at 100

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