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    • rgitt05 replied Jul 23, 2007

      Short term prediction base on fibonacci retracement — My past experience so far with GBPJPY is an uptrend on the weekly and daily chart...For the short term, the 4 hr and 1 hr chart shows a reversal which I believe will have a nice retracement ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 12, 2007

      My prediction of the GBPJPY — First of all, the London market is lacking major news release to move the market...My guess is the market makers will take this to the lowest level on the fibs before the 8:30 am Trade Balance.. Buy on the ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 12, 2007

      It looks like the GBPJPY will bounce both ways until the USA trade balance @ 8:30 am — This market needs a GPS b/c it seem the market don't know which way to go until NY time open... I guess I will hedge until NY time... rgitt05

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 11, 2007

      I am predicting in 24-48 hrs target 254 range based on 786 retracement on the 4 hr GBPJPY chart..I could be wrong but at least I have a target..My experience is when a 786 retracement is completed on 4 hr chart then more likely the pair will run the ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 11, 2007

      There is no point determining the direction of the GBPJPY especially during the Asian Market..It's better to wait until tonite when the BOJ announce the interest rate..My opinion is that the BOJ will remain the same...I think banks will favor carry ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 11, 2007

      Ahead of the BOJ Decision - Does the Carry Trade Have any Upside Left? — Ahead of the BOJ Decision - Does the Carry Trade Have any Upside Left? Written by Boris Schlossberg, Senior Currency Strategist Over the past two and a half years the ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 11, 2007

      My target for GBPJPY on 4hr chart in next 24 to 48 hrs — If the strong Resistance @ 248.80 range breaks, than my long target @ 254.70 - 90 range based on the 786 retracement on the 4 hr chart GBPJPY within 24 to 48 hrs.. Also, if the 244.00 ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 6, 2007

      Long term target for GBPJPY — Hi GBPJPY traders, I have a swing trade target @ 266.00 on the monthly GBPJPY chart.. I figure with the carry trade interest and possibly another interest rate hike from GBP before the years over,I predict my ...

      Daily GBP/JPY analysis
    • rgitt05 replied Jul 6, 2007

      US stocks are reacting negatively to the higher interest rates. The US economy, for all intensive purposes, is humming along carrying a piano on its back in the form of “ the housing sector”. One would have to postulate that if the housing sector, ...

      Daily GBP/JPY analysis