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ChiForex replied Sep 7, 2020Be cautious guys that due to downtrend basis..GU will sooner or later have to visit around 1.3050 major support, a base below and we're heading to 1 2950s and 1.2880s will have to hold the pair from more falling toward 1.2780s. This is a medium term ...
Cable Update (GBPUSD)
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ChiForex replied Sep 7, 2020I say to those waiting for the gap from Friday close to be filled that GU might go back to around 1.3280 but that is not to fill the gap because market don't need to always fill the gap at exact price. Some brokers have high for today 1.3265, others ...
Cable Update (GBPUSD)
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ChiForex replied Sep 7, 2020GU consolidating with downtrend basis as I expected on Friday. Today will stay ranging and more at Newyork session due to holidays..so sideways trading on..
Cable Update (GBPUSD)
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ChiForex replied Sep 6, 2020Bulls managed to close Friday candle at exact 1.3280s which is not very convincing, and seems after around an hour from now market is opening on a gap below 1.3260, that weakens bulls more & more. At market open will analyze the pair to give a ...
Cable Update (GBPUSD)
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ChiForex replied Sep 4, 2020Strong resistance 1.1855-65, bulls will try to push the pair for daily close above while bears will try to reject it fora close as far below as possible..seems we're entering a consolidation period.
EURUSD only
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ChiForex replied Sep 4, 2020Bulls will try to daily close GU @1.3280s or above if possible while bears will try to reject 1.3280s and make it close below 1.3260 General outlook, downtrend will continue after some consolidation.
Cable Update (GBPUSD)
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ChiForex replied Sep 4, 2020This is How to trade after the NFP news release.. Good news for USD: EU toward 1.1750-60s support Bad news for USD: EU toward 1.1910s resistance ***In both cases, Dollar strength is here to stay..
EURUSD only
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ChiForex replied Sep 4, 2020This is How to trade after the NFP news release.. Good news for USD: GU toward 1.3170s support Bad news for USD: GU toward 1.3370s-00 resistance ***In both cases, Dollar strength is here to stay..
Cable Update (GBPUSD)
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ChiForex replied Sep 4, 2020GBP is obviously weaker than expected, it retraced at the weakest first resistance..this is an obvious message for bulls that whatever NFP result will be..to give up for good

Cable Update (GBPUSD)
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ChiForex replied Sep 3, 2020This was my post early today morning, no reason to miss buying at major support..
Cable Update (GBPUSD)
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ChiForex replied Sep 3, 2020Yes you can buy a sell trend at crucial support or vice versa.. Even myself as a bear of this pair, having shorts high at 1.3455 & 75, I buy at major support where the pair bounces for 50+pips. Meanwhile holding my shorts for bigger gains, no loss ...
Cable Update (GBPUSD)
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ChiForex replied Sep 3, 2020Adding buys not bad for them if they just follow the crucial support price levels I post that are good to buy at(not their BS anywhere buys!!)..as market will always bounce good pips from it before continuing downward..
Cable Update (GBPUSD)
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ChiForex replied Sep 3, 2020UJ looks to have good potential on the upside, and downside SL just below 104 is not big deal. So buys at the well protected 105-106 are good entries for risk to reward. The pair looking to trade sideways with potential of rising gradually breaking ...
USD/JPY Discussion
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ChiForex replied Sep 3, 2020Wow..this thread had died dramatically from time SNB lost its credibility!! Technically, I see buy opportunities on long term as 1.0650-1.0750 seem well protected so SL is tight while upside potential seems good as USDCHF already on long term lows ...
EUR/CHF
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ChiForex replied Sep 2, 2020EU bulls seem very weak to target 1.1890s even, so a break/base below 1.1810 will pave the way for near 1.1760..and that will end any hope of visiting recent highs, not NFP not anybody would help anymore

EURUSD
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ChiForex replied Sep 2, 2020After bulls clearly looking very weak to target 1.34, GU seems gonna pay a visit to 1.3260s and possibly 1.3220s Like I said before..the deeper the dip..not NFP not anyone gonna help Gbp rise from its tragedy

Cable Update (GBPUSD)
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ChiForex replied Sep 2, 2020EU looking to retrace to 1.1890s and possibly 1.1910s for a good short.. Failure to target at least the first level with today candle will set bulls in a very weak position ahead of NFP.
EURUSD
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ChiForex replied Sep 2, 2020GU may target a retrace toward 1.3400-20 for a good short.. ***If this is not done with today candle then bulls are in real weak position than expected ahead of NFP.
Cable Update (GBPUSD)