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ChiForex replied Feb 9, 2021GU approaching first monthly resistance 1.3820s talked about from my 1st February comment, maybe market will give bears some breath before flying to 1.3900s, although will like it to fly asap
Retrace will face said daily/weekly previous ...Cable Update (GBPUSD)
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ChiForex replied Feb 9, 2021Long term bulls were happy that GU had hit major support early in the month for a perfect positioning, now long term bears will be happy to see price hit monthly resistance 1.3900s as soon as possible for perfect positioning on long term. Who am I? ...
Cable Update (GBPUSD)
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ChiForex replied Feb 9, 2021Simple as daily base above 1.3770=bullish Weekly base above 1.3790=bullish No wonder why price playing in between


Cable Update (GBPUSD)
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ChiForex replied Feb 9, 2021The attack is countinuing at 1.3790, how long can it hold on before breaking through and basing above..lets see
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ChiForex replied Feb 9, 2021The decisive zone had been taking out favoring the upside, now I see no other than resistance of weekly at 1.2140s
EURUSD
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ChiForex replied Feb 9, 2021The from nowhere unexpected buy of Tesla 1.5 Billion Bitcoin and accepting it as a payment made this pair fly upward. Automatically the support turned now to just above 40000 and 42000 is an advanced support. Resistance is nowhere to expect other ...
Bitcoin (BTCUSD)
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ChiForex replied Feb 8, 2021GU looking to be basing above 1.3740s heading to weekly targets talked about at the beginning of this month, located around 1.3820s, can reach there as soon as today. A base above there will later on target 1.3900s For now, a base above 1.3770 on ...
Cable Update (GBPUSD)
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ChiForex replied Feb 7, 2021One of the very few times the market favors my order with a gap open as seems will be soon.. Sell order executed in Friday at 1.3738, betting on a retrace to 1.37 and 1.3620-60s stays the crucial turning zone.
Cable Update (GBPUSD)
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ChiForex replied Feb 5, 2021Back to the decisive zone 1.2040-60 Closing the weekly below 1.2060 is bearish for the pair but consolidation might be next btw 1.2060-1.1970
EURUSD
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ChiForex replied Feb 5, 2021GU made a good bounce from the crucial support zone 1.3520-60s and back to turning point resistance 1.3740s, will have to base above to target major resistance 1.3820 and from there possibly 1.3900 A weekly close above 1.3750 would be a clear sign ...
Cable Update (GBPUSD)
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ChiForex replied Feb 5, 2021If 1.3655 gives up, price is heading to 1.3620s and possibly lower for a bearish weekly close.
Cable Update (GBPUSD)
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ChiForex replied Feb 4, 2021Failure to base above 1.2040, made it fall down. A daily close below 1.1955 will make it slide to 1.1900s A weekly close below 1.1970 might expose 1.1900s all the way toward 1.1780s
EURUSD
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ChiForex replied Feb 4, 2021We are back to the boring game at the starting support zone 1.3670-1.3620s

Cable Update (GBPUSD)
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ChiForex replied Feb 4, 2021Focus turning to around 1.3678 resistance....don't short before
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ChiForex replied Feb 4, 20211.3520s-1.3560s still the strong support zone. However when market sets the price to play around critical price level, it becomes gambling entering an order right before the news.
Cable Update (GBPUSD)
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ChiForex replied Feb 4, 2021First order executed at 38500, TP way down to be seen later..
Bitcoin (BTCUSD)
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ChiForex replied Feb 4, 2021Good positioning to buy 1.3520s-1.3560 if hits before BOE news ..
Cable Update (GBPUSD)