The reason for yen pairs rise — U.S. stocks are expected to soar at the open, following European and Asian equity markets, as the U.S. Treasury plans to rid banks of $1 trillion of their toxic assets. This will depend not only on how well ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Close below the trend line is required for downside to continue

Auslanco - GBP/JPY and GBP/USD (newstrade)

In my opinion For Eur/Usd pair to move to move substaintially higher it has to close above daily gann which has been stubborn resistance every time Eu broke above this time so far is no different .

Auslanco - GBP/JPY and GBP/USD (newstrade)

In my opinion gj should be bearish as i anticipate downside to asian equities which should push yen pairs down too will enter short once below daily pivot at 131.12

Auslanco - GBP/JPY and GBP/USD (newstrade)

we are rallying but news coming out of banking sector is continuously negative US govt has just now injected 20 Billion in bank of Amercia. also with Citi bank and Bank of Amercia announcing results later today this rally can be short lived .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Retracement to 1 hr 5 sma is due will give chance to load some longs

Auslanco - GBP/JPY and GBP/USD (newstrade)

we are retesting 4 hr 50 ema . will reenter on the break above

Auslanco - GBP/JPY and GBP/USD (newstrade)

we manage to close below 4 hr gann ,bears are in control we may see 4 hr 50 ema around 136 today

Auslanco - GBP/JPY and GBP/USD (newstrade)

i took Whole day to ride up and mere 30 min. the way down ..insane

Auslanco - GBP/JPY and GBP/USD (newstrade)

Eur/Gbp is driving the weakness in Sterling .Its on parity mission .unless it reverses its better to short rallies ON GJ IMO..

Auslanco - GBP/JPY and GBP/USD (newstrade)

China PBOC: To Cut 1-Year Deposit, Lending Rates 108 BPs

Auslanco - GBP/JPY and GBP/USD (newstrade)

There is hourly resistance on Uj @98.38 area once it is taken out we will see GJ tanking as 4 hr gann is violated too..

Auslanco - GBP/JPY and GBP/USD (newstrade)

Uj has not fallen with GJ good signs for those holding shorts

Auslanco - GBP/JPY and GBP/USD (newstrade)

I wonder why Dow futures are not following the direction of carry trades. When gj rose in last hour of NY trading Dow rose too 500 points now with GJ down 400 pips futures are at same level.. something gonna give

Auslanco - GBP/JPY and GBP/USD (newstrade)

I expect 177.60 today based on 1/4 hr strategy .. price above 1/4 hr Gann coupled with QQE 5 crossed up and above 50. will quit trade if we are able to close below 1 hr gann

Auslanco - GBP/JPY and GBP/USD (newstrade)

As i see on my charts price is testing daily GaNN levels if we get a daily bar closing below gann @191.20 we may see bear party later the week. as for taking long i wont be comfortable before price closes above 4 hr gann

Auslanco - GBP/JPY and GBP/USD (newstrade)

Banks falling here and there ... it can be dangerous buying in panicky market

Auslanco - GBP/JPY and GBP/USD (newstrade)

Longs should be careful with Bernanke testimony if congress continues to differ from paulson bail out program shorts can come in play big time ..

Auslanco - GBP/JPY and GBP/USD (newstrade)

Also daily gann is at 192.67 which may be target for longs with daily qqe 5 already crossed up . keeping in view the potential take over of Lehman brothers this weekend

Auslanco - GBP/JPY and GBP/USD (newstrade)

Rumors Swirl Over Purchase of Lehman; Carry Buying New York, September 11th 2008. Kiwi has seen some good buying over the past several minutes on related interest in NZD/JPY. The latest rumors surrounding a major US investment bank purchase of ...

Auslanco - GBP/JPY and GBP/USD (newstrade)