Descending Wedge target was hit today as AUD/USD climbed above .91 Looking ahead, the pair has head a nice rally, during that rally a bullish trendline (Something we haven't seen in a while ) had formed and had broken. Selling opportunities exist ...

AUD/USD

.8915 Served its purpose as an excellent scalping opportunity, we never saw it reach .8950 .8880 offered a solid buying opportunity from the descending support trend line I mentioned and a few others have pointed out, its a piece of the descending ...

AUD/USD

Sorry was being lazy, but you demanded it

AUD/USD

Justed wanted to pop into the thread and share my thoughts. I trade purely technical, but I always enjoy seeing fundamentals play out what the technicals already show. AUD/USD has been obeying a descending trendline like clock work. This trendline ...

AUD/USD

I agree, but .9330 was hard to reach and the Bears pushed it off a cliff once we got there. If it can get higher than .9330 could be "short lived" but something in the .95-.96 area before Bears step back in would make sense. I'm all for a Bullish ...

AUD/USD

I personally am waiting for a bounce off the long standing trendline from 2009. Right around 1.33, I see some people calling 1.3333....if it reaches that level, could be a great way to start out the new week with at the very least a bounce off that ...

EURUSD

Looks like the Bearish move still had a little steam left in it. GBPJPY is prepping itself for a potential buy off the trendline to net a few quick/easy pips. Still has a little ways to go though. Looking for right around the 150 area, slightly ...

Geppy's Geppy Thread (GBP/JPY)

I can't say if she's bottomed out for the night, I think there may be a little left in the current move before the week finishes. Wanted to share my chart. 154 has served as a very strong resistance and I see no reason why that should change right ...

Geppy's Geppy Thread (GBP/JPY)

Not sure it'll make it there this week or at all , but looking to sell around 1.3350(currently) off a weekly trendline bounce starts in May 2011. ~1.273 - 1.28 is providing some very strong support atm Short term/intraday it seems to be hesitant ...

EURUSD

I think you missed the screenshots that both vash and myself posted, to us, it didn't break out of anything, it only reinforced a descending trendline on the daily chart. ~100.86 that it hit earlier tonight was a perfect bounce off the trendline. ...

USD/JPY Discussion

If it breaks the lower trend line, lots of down side potential, to the trendline you already have in that screen shot If it breaks the upper trendline could still be limited by the most recent high(s) I'm just watching for bounces in the range, or a ...

USD/JPY Discussion

New here, but wanted to share the chart I had been using and the sell trade I am still in. USDJPY has several touches on both trendlines and it only reinforced the upper one tonight. image

USD/JPY Discussion

To each their own, but I would strongly advise that technicals agree with whatever the market does, including this current bearish movement. I have a hard time believing the GBP/USD is going to rally back up to 1.56 after setting a new low with the ...

Cable Update (GBPUSD)