Good morning everyone. I am happy that my previous belief is correct. I am now looking for a final confirmation-a close below 1.2280 on the hourly. If that happens, we will be targeting 1.19 area in roughly 3 weeks time in my opinion. Just sharing ...

Cable Update (GBPUSD)

On the 15min chart, there is an engulfing bearish. This is the chance for bears to attack but trading based on 15min chart is rarely very reliable. Let's sell what sellers can do-they can potential create a descending triangle which can push the ...

Cable Update (GBPUSD)

Buy triggered at 0.91. There are several reasons for buying this: 1. A drop of 100 pips in one day is not common for this pair. Oversold. 2. Going long on this pair offers very attractive swap. 3. On the daily, you can still see a valid Three Inside ...

USD/CHF