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- FXPips1 commented Dec 19, 2014
1.58 seems reasonable, as it would still be within the context of consolidation, which still preserves the prevailing downtrend. A break above 1.5850 might trigger the price bottom scenario, but before that, I think we should maintain a bearish bias ...
- FXPips1 commented Dec 8, 2014
GBP/USD is in a similar technical situation. It is seeing resistance around 1.5680, where there is a falling speedline. - Fan
- FXPips1 commented Nov 25, 2014
Good point .And a counter move is going to be strong because it takes out so many stops that just came in....Now, we should monitor the 1.2475-1.25 area. I did note that a break back above 1.2430 would spell trouble. No biggie, EUR/USD still looks ...
- FXPips1 commented Nov 21, 2014
There is decent reward:risk for a buy around 1.11 (probably around 1.1120) with a target to 1.13 and a stop around 1.1040. - Fan
- FXPips1 commented Sep 14, 2014
There is a general decline in commodity prices, including platinum, palladium, oil etc. Commodity currencies like the CAD, AUD, and NZD should and are also pressured. - Fan
- FXPips1 commented Sep 2, 2014
The sterling is under some political risk today as well. - Fan
- FXPips1 commented Sep 1, 2014
Typo: In second sentence: 1704.42 should be 170.42. Fat finger hit that 4 twice. Not as bad as some other fat finger outcomes I guess. Alls quiet in the US session for Labor Day so far. Probably good idea to work the BBQ today instead of the charts. ...
- FXPips1 commented Jul 7, 2014
Nice, I would like to see it push above 0.94. we are also on the bullish camp for AUD here.
- FXPips1 commented Jul 3, 2014
NFP knocked me back too...so much I spelled it NPF...(embarassed shrug). - Fan
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