Comments on: USD/JPY: Favour buying dips to 93.80 https://fxww.com/usdjpy-favour-buying-dips-to-93-80/ The Professional Source Mon, 25 Mar 2013 01:13:08 +0000 hourly 1 By: Jordan https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-18590 Mon, 25 Mar 2013 01:13:08 +0000 http://fxww.dreamhosters.com/?p=6355#comment-18590 In reply to Danny.

Hi Danny, I don’t know how but I expect to see 0.9 level in EUR/GBP. I wish I did not need to close my position there late Friday, but I needed to, since I don’t carry positions during the weekend.

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By: Danny https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-18587 Mon, 25 Mar 2013 00:47:37 +0000 http://fxww.dreamhosters.com/?p=6355#comment-18587 In reply to Jordan.

the catalyst of this will have to come from Cyprus incident else i do not see how the gap will close for EUR/GBP and EUR/Difficult to trade at this point.

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By: Jordan https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-18585 Mon, 25 Mar 2013 00:37:20 +0000 http://fxww.dreamhosters.com/?p=6355#comment-18585 In reply to Jordan.

mostly closed. If we have a pressure on EUR, gaps on EUR/GBP and EUR/AUD would put more pressure on GBP and AUD.

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By: Sean Lee https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17985 Mon, 18 Mar 2013 04:28:47 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17985 True Danny, once vol hypes up the tech book becomes a door stop 🙂

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By: Danny https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17981 Mon, 18 Mar 2013 02:56:13 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17981 In reply to Sean Lee.

understand your point too Sean. When these type of events take place, technicals are usually tossed out.Will wait for EU to open for direction.

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By: Sean Lee https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17963 Sun, 17 Mar 2013 23:47:37 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17963 I disagree. I think this could be a really big event with implications across all markets. EUR unable to rally at all at moment, even 15 pips, so I think big risk downside. Can’t see 13050 again this week (but I’ve been wrong before).

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By: Danny https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17960 Sun, 17 Mar 2013 23:31:35 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17960 In reply to Jordan.

favours that.

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By: Jordan https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17957 Sun, 17 Mar 2013 23:03:02 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17957 I guess all gaps will be closed this week.

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By: Danny https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17956 Sun, 17 Mar 2013 22:51:05 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17956 dont quite understand why USD is down when it is an EU problem.Maybe the crosses fault but on a longer time frame, this is a bull and perhaps at this level, it is still attractive?

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By: Sean Lee https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17955 Sun, 17 Mar 2013 22:33:13 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17955 Unfortunately you were 100% correct Jordan and I’ve missed the boat 🙁

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By: Sean Lee https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17943 Sun, 17 Mar 2013 21:08:50 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17943 Could easily see that if retail brokers have large EUR/JPY stops which get triggered after they open? Liquidity is terrible so wouldn’t take much imho to move it 50 pips. Once Tokyo opens then liquidity will improve dramatically

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By: Jordan https://fxww.com/usdjpy-favour-buying-dips-to-93-80/#comment-17942 Sun, 17 Mar 2013 21:05:04 +0000 http://fxww.dreamhosters.com/?p=6355#comment-17942 That would be a great trade. However, do you still think that we will go that level after retail market opens. Because now it’s 94.4 and market would like to fill the gap instead of going lower.

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