USDx bouced off 76.9 for third time in the last 5 or 6 hours. Looks like we may have a bull flag or pennant on the 1hr charts for both GBPUSD and EURUSD. Excuse me if I make a mistake in the flag / pennant call as I am still trying to learn how to ...

EURUSD

Looks like 1.4045 - 1.4050 levels are holding up for another 1hr bear candle... see if it can close below in the next 5 mins.

EURUSD

That line 4160 also corresponds perfectly with the 134% fibo level of last weeks H/L which is a great first TP target so long as we stay above 4030-4045 levels.

EURUSD

Looks like the daily R2 at 4045 is providing some good support on the attempted down moves. It has held strong the last few hours...

EURUSD

Yes Friday's are always interesting...

EURUSD

Busy day tommorow for US data and another Bernanke speech... should be some good volitility through the US/London sessions cross over.

EURUSD

Mixed data... 2 better, 2 worse and 1 exactly as forcasted. How will this be digested by the market?

EURUSD

I think we will see price sit between 4045 and 4090 levels until the news release which could provide the push needed to break and hold above 1.41 and back down below 1.4. Does anyone believe that any good US data could cause some more profit taking ...

EURUSD

Price has respected and bounced down very nicely at the weekly R1 at 1.6066. I think that the daily R2 level at 1.5990 will act as support until the US news release and we will then either head back down below 1.6 towards 1.5940 (daily R1) and ...

Cable Update (GBPUSD)

Good morning all... I see that 1.41 is still holding strong ATM.

EURUSD

Will they now test 1.4028 to see if it acts as support before moving higher or straight onto 1.41?

EURUSD

If we can get a 4hr close above 1.5963 my target will be 1.6014. A close above there will bring 1.6105 and 1.6161 into view as my next longterm targets. 4hr charts with fibo and EMA's. Will use lower TF's for short term trades off bounces etc...

Cable Update (GBPUSD)

30min and 1 hr down... 4hr looking like it should close as a strong bull candle and above last weeks high. If so I see 1.4162 as next target followed by 1.4244.

EURUSD

Nothing on the scheduled news front for EUR and GBP other than ECB bulletin and one EUR and one GBP speech... All USD driven news.

EURUSD

Bearish looking candle forming on 1hr (2/3 given back ATM).

Cable Update (GBPUSD)

Both EURUSD and GBPUSD hit and were bounced for the moment by the daily R2 levels. Monthly R1 is also close to the daily R2 on the GBPUSD. No higher high or higher close yet on GBP. We do have this on the EUR (as of 30 min TF, see if 1hr also holds ...

EURUSD

I would like to see a close on at least the 1hr over 1.5963 to confirm ,more up move.

Cable Update (GBPUSD)

New high and first 15min candle closing above 1.4028, now if we get 30m and 1hr (4r would be extra great) next upside target for me is 1.4162 (134 fib of last weeks H-L).

EURUSD

Right I read about that somewhere... thanks for the heads up.

Cable Update (GBPUSD)

What happens at that time?

Cable Update (GBPUSD)