Eventually. Question is when. Some USD strength looks likely for a bit.

Cable Update (GBPUSD)

Under other circumstances, I'd be looking at these wicks on cable daily and the ma crossover on EURGBP monthly with price hitting then being rejected at the red 200sma and thinking yup, cable is a buy. But patterns can fail. The craft is knowing ...

Cable Update (GBPUSD)

How to get bang for your buck. FLUSH It never ceases to amaze me how the "news" always shows up in the TA first.

Cable Update (GBPUSD)

Keeping it simple. Not buying any majors until DXY hits the 88.2 fib, then it's ON. Inauguration one week away, after that Q4 earnings start hitting the street. US indices long until then.

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Liking cable and euro long here. DXY at resistance @ 76.4 fib and Swissy also at resistance. Wait for bull confirmation candles if unsure, tight stops.

Cable Update (GBPUSD)

As for AUD and NZD, what is there to say other than incredibly oversold? Both these pairs trade most strongly not against their USD pairs but against the Euro. Hence it is critically important to watch EURAUD and EURNZD. When these crosses are ...

Cable Update (GBPUSD)

It's going to be a less than fully liquid week this week. USD can often do well during public holidays and low liquidity weeks. But it's also opportunity for other majors to shine. Inclined to think DXY isn't quite done yet. Cable has a potential ...

Cable Update (GBPUSD)

So let's change the narrative

Cable Update (GBPUSD)

Be careful this week. Quarterly indices contracts rollover end of this week into the next quarter (March expiry), i.e. after the inauguration and tariffs in play. Impacts for USD and all majors. Notice market has been loading up AUD and NZD today, ...

Cable Update (GBPUSD)

Some charts. A week to be cautious. Short trading hours for the US holiday and DXY doesn't look like it's done yet. Breached resistance as expected. It may hit the 76.4 fib or it could go higher to 88.2 fib. And take care with EUR and Cable, looks ...

Cable Update (GBPUSD)

[quote=RedAllOver;15064048] Hope you're right amigo . Looking at the DXY on the Daily, it could confirm your view if it was indeed a turtle soup played out at 106540 ... Although in these times, I'm not sure if any markers indicators, price ...

Cable Update (GBPUSD)

Market is panicking bec the US indices are warming up for a falling knife routine (it seems). The bright shiny stuff is always a lure in times of uncertainty. The election party may be over. The morning after hangover may be about to make its ...

Cable Update (GBPUSD)

Twee, what a sweetheart you are and have been. All the very best in whatever you do next. Your immutable patience and razor sharp mind will be greatly missed. Much love to you and the family. Sympathies to your replacement, big shoes to fill. ...

Twee retires!