Target reached. Where to now?

Daily EUR/JPY analysis

New Highs - Possibly 165? — Has this pair got the legs to set a new modern day high? Monday maybe, but already touched 164.98 When this thing unwinds I want to go along for the ride.........

Daily EUR/JPY analysis

You're right - serious resistance at 3311 and above. Like you I can only assume ECB want it weaker. We could be looking at a breakout back down towards 3200 and beyond.

EURUSD

Yep, I understand about the fundamentals, but I would like to think that the savvy guys on this forum should be able to identify and advise potential waste of time situations. For me, there seems to be a lot of ego based traders monopolising this ...

How to spot a waste of time trading day...

"whatever it is you're talking about" BlueRuby, you're my kind of trader. Thanks for providing a sense of normality to my freaked out day. Days like today drive me to distraction. Hence my drivel (My aim in life is to go beyond normal drivel....). I ...

How to spot a waste of time trading day...

Thanks

Daily EUR/JPY analysis

Hi, You didn't specifically say so, but the comments on your graphic suggests you suspected the massive sell-off outcome today. I have been looking for an alternative pet pair to cable over recent weeks, mainly because of the uncertainty and out of ...

Daily EUR/JPY analysis

So you mean 334 pips this calendar month for cable? I wasn't sure if you were suggesting that the cable sell-off had affected another specific pair. For example EURJPY which today has fallen dramatically along with the $ crosses.

Cable Update (GBPUSD)

Please sir, can you define main move of the month (30 days, calendar month, percentage of previous year, etc. etc.)?

Cable Update (GBPUSD)

Do you mean EURJPY?

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Uptrend still hanging in there...

Cable Update (GBPUSD)

Price keeps bouncing off 1hr trend channel support line. If US news v good then bull probably over. If not, then 9957+

Cable Update (GBPUSD)

Monday's close has held so far, possibly just profit taking. An improvement in German Factory orders on the projected figure could help the Euro cause and may drag Cable up with it.

Cable Update (GBPUSD)

I know that news was much better than expected but I think market mindset is fixed NORTH. For my forecast, still looking for a close above yesterday - better still above 9956.

Cable Update (GBPUSD)

It has already started to drop but prior to 15.00gmt expect a move upwards, usually in line with forecasted figures. Then a bit of up and down followed by stop hunting, then possibly a false move followed by the actual move.

Cable Update (GBPUSD)

If Cable can establish a foothold above 9956 today, we should see 2.00 and possibly 2.0132 in the short-term. Apart from excellent $ fundamentals I can't see any reason why this scenario shouldn't unfold. This is just my opinion of course and it ...

Cable Update (GBPUSD)

pax vobiscum

Cable Update (GBPUSD)

I meant your signature. Not the thread. *coughs slightly louder*

Cable Update (GBPUSD)