Now is the the time that aggressive traders would start initiating fresh short positions in USDJPY... Below 122.50-40 support, the pair seems vulnerable towards 121.50 support region...

USD/JPY Discussion

Equity indices moves on its own dynamics... However, expectations of a Fed interest rate decision, does impact the moves...

EURUSD

US CPI data could add to the ongoing weakness for EURUSD. The pair seems to drop below 1.0600 mark post the release...

EURUSD

Waiting for either a break below 123.00 mark or move above 123.50 for a quick USDJPY trade. Above 123.50, it should provide a momentum trade opportunity for a 100-pips up-move towards 124.50-60 resistance area. Below 123.00 mark downside seems to be ...

USD/JPY Discussion

In-fact 1.5250 level should act as strong daily closing level resistance, below which GBPUSD remains vulnerable to resume its downward trajectory. (Possibly even below 1.5000 psychological mark)

Cable Update (GBPUSD)

GBPUSD trading below 1.5200 mark ahead of UK CPI. Am shorting the pair aggressively at current levels (1.5170) with a tight closing SL above 1.5250 for an unfinished downside target of 1.4950-30.

Cable Update (GBPUSD)

USDCHF although has held 0.9500 mark support as of now, but a clear break below exposes 0.9380-75 important support... might get tough to move back above 0.9590-0.9600 immediate resistance...

USD/CHF

can't be sure of 1.52 but below 1.5440-30, a 100-pip drop to 1.5340 seems possible...

Cable Update (GBPUSD)

USDCAD could test 1.3080-90 resistance only if manages to move back above 1.3030. Trading exactly at the mid-point, between 1.2920 (100-day SMA) support and 1.3030 immediate resistance.

USD/CAD

Possibly NO... seems to first test 1.1400 mark and if fails to clear this level, then definitely YES for a quick 30-40 pip profit...

EURUSD

Only if EURUSD breaks back below 1.1300 mark or starts reversing after testing 1.1400 mark...

EURUSD

this is it... added fresh short positions, now with a closing stop above 118.90... cheers...

USD/JPY Discussion

and here it goes... should immediately be aiming for 117.50 intermediate support before heading towards 116.10-116.00 mark August lows support.

USD/JPY Discussion

I am waiting for a big move... pointless to say, on the downside...

USD/JPY Discussion

EU seems to face strong resistance at an ascending trend-line. Could this ascending trend-line be in making of a bearish rising wedge pattern on 4-hourly chart?

EURUSD

USDJPY still stuck within the trading range. waiting for a break-out...

USD/JPY Discussion

No point in guessing the near-term direction... Consolidating below 200-day SMA after a sharp fall... 121.20-30 remains immediate strong resistance and a break below 118.50 would confirm a retest of August lows...

USD/JPY Discussion

Short-term ascending trend-line support near 1.1150 is held, but the broader picture suggests a move towards 1.1300 mark is likely to be utilised to initiate fresh short-positions. would maintain bearish view on the pair till it continues trading ...

EURUSD

In-fact 1.5200 is the SL to be maintained for a positional sell trade with a downside target below 1.5000 mark, possibly 1.4970-60...

Cable Update (GBPUSD)

GBPUSD's inability to sustain its strength above 1.5200 mark and a subsequent drop back below 1.5160-50 immediate support would increase its vulnerability, this time possibly below 1.5100 mark before aiming towards the very important 1.5000 ...

Cable Update (GBPUSD)