Looks like that level is gone, M15 closed at 122.85, good luck for the short

EURUSD

But jpy also strengthening against everything but eur, I am confused. There are slew of EU PMI data coming in within the next 3-5 hours? Could market be pre-running for that?

EURUSD

Euro seems to be of particular strengthen vs dollar compare to other currencies? Why?

EURUSD

url Everyone's trying to devalue their currency in anticipation for a Fed hike, so where's that inflation is gonna come from for Fed? They are not gonna get 2% inflation before they get 0%/negative inflation. Import price will collapse, imported ...

EURUSD

I mean USDCAD overvalued.

USD/CAD

I certainly hope so, doesnt seems like the right time to do it. Might cause the world to panic and world economy to dip.

USD/CAD

We are having a problem that USD weakness cannot translate to USDCAD weakness due to the crappy oil and Canadian politics and economy. Still, I wonder how much USDCAD has been overvalued against the Fed sept hike expectations and should that hope ...

USD/CAD

Triangular prison, waiting for the breakout

Cable Update (GBPUSD)

A breakout will happen, questions is when? Could the fed minutes this Wednesday do it?

Cable Update (GBPUSD)

Frustrated by the fact that 1.5683 holds so firmly so far, a break out will happen either way of the yellow wedge.

Cable Update (GBPUSD)

Is this in the "fundamentals too strong so feck the techs" mode? And tech-wise, is it really that "sky is the limit" now after 1.31 broken...

USD/CAD

Good insights. Haven't thought about the correlation of UJ to commodity pairs, but the bounce up from 121 makes UJ looks quite vulnerable for the upside.

USD/CAD

No one knows for sure, but here is my two cents. Today's bounce can be seen as a bounce from previous channel top and 23.6% fib, however, if we are to expecting a proper retracement, then target 38.2% and 50%, which are at 1.2728 and 1.2614 ...

USD/CAD

Less than 12 hrs til FOMC rocks the market. As I've mentioned before, cable is trapped in this box range defined by the hawkish BOE candle 14th July, as we all know, all ranges will be broken eventually, will it be today by the FOMC? The fact that ...

Cable Update (GBPUSD)

Oh, yes. Let's hoping for a hard kick on the cable ass.

Cable Update (GBPUSD)

200 pips of a prison block, no break out yet. The price action is setting up some nicely for the FOMC & USD GDP this week

Cable Update (GBPUSD)

Looks like there's a divergence here, suppose to be a bearish sign, watch closely how it develops.

Cable Update (GBPUSD)

At least some retracement please, hanging around just below a multi-year high means it is very difficult to get into a trade. waiting.

USD/CAD

Cable merely back down from the test of 1.5642 in confluence with top trendline down, it then tested 1.5581 and made a HL So bias is still to the upside. 1.5546 is the near term support and we've seen price held up there well, if we can have a daily ...

Cable Update (GBPUSD)

Dude, what's your perspective for USDCAD, make an example and share your chart and thoughts, we'd love to see that. Otherwise this type of post is pretty useless and boring. Trading is already difficult, so let's try to make the life of ourselves ...

USD/CAD