Before some start having legs shaking just remember that the recent monthly high for EU is 170 pips from here while the low of the continuous bullish movement is at 1.02, ain't hard to make your R-R maths ...

Cable Update (GBPUSD)

Reminder that the EU weekly resistance that got penetrated by the daily candle is at 1.1610/20, so this what's important to look at until friday weekly close, next real stop not before 1.1730s while for GU it's still content by 1.3360s and up to ...

Cable Update (GBPUSD)

Good news for bears that EU got rejected from the higher daily resistance, today first retracement is at 1.1625, and 1.1610 that also correspond to the 4 hr support should hold, under 1.1600 will take the pair to 1.1570s while only a base above ...

Cable Update (GBPUSD)

Don't worry, higher price means for me adding another good short

Cable Update (GBPUSD)

We reached to my advice of 2 days ago, but the Euro made an extra ~30 pip jump than the GU, obviously money filling into the Euro from the sterling that made the EURO/GBP gain back today all its losses from the previous 2 days of this week!

Cable Update (GBPUSD)

GU moved smoothly to the expected weekly resistance 1.3350s, a little more push might occur before BOE to just below 1.3380 While the clown EU jumped more than expected on news that FED might cut rates sooner than expected. Ok, let's go to the facts ...

Cable Update (GBPUSD)

An important notice that the 4hr chart is still helping the EU bulls to keep trying on marking new highs though shyly, still 1.1600-25 main coming resistance, but the case is the opposite with GU bulls that are being squeezed downward with less ...

Cable Update (GBPUSD)

If there's anything to be done here is selling the Euro with sl at a base above 1.16 though even 1.1600 to 1.1625 it's all like a land of mines for bulls because bears are waiting there, that means current price level has a limited sl as 1.1625 Top ...

Cable Update (GBPUSD)

I see a further upward movement for Gold then pulling downward to close the day at lows. This scenario will be great for bears waiting for the perfect setup on long term. Daily support on Gold ~3364, so whetever higher Gold would go the better as a ...

Gold

Why am I observing a start of day with a bullish movement but the day ends with a pull down bearish candle I attach this to my seeing for Gold that looks to target higher levels then pulls down, ending the day at lows. Actually this ...

Cable Update (GBPUSD)

In summary, if you wanna sell for this week look at ~3406 then ~3444(if possible), while buying is nothing above ~3350 that we saw price visit it today, as if forming and assuring the support there.

Gold

Folks... For me yesterday's daily high is BS..means nothing for the bigger picture that I focus at the weekly since the monthly picture ain't clear for now on the upside! So, weekly price levels are at 3350 support while resistance ~3397 and more ...

Gold

Pure medium/long term trend technical outlook.

Cable Update (GBPUSD)

As Gold failed to break above yesterday's high, today's daily support start ~3344 and down to ~3310 that's expected to hold but in that case of a close around there, 3337-44 would turn to resistance starting tomorrow. Don't forget that the weekly ...

Gold

Today's Daily targets for GU at ~1.3210 to 1.3190s crucial support while EU plants a line at ~1.1500

Cable Update (GBPUSD)

***An always reminder, DO NOT TRADE MIDWAY, like even if I see GU wanna target 1.3350s, I'll not buy now coz that will mean not just a big TP 1.3350s but also a bigger SL like below 1.3190s, moreover I'll be trading against the higher time frame ...

Cable Update (GBPUSD)

GU looking forward to finally attack the weekly resistance at 1.3350s-60s, who wanna sell the EU can match that price to where the EU will reach at that time, also remember my advice about the EURO/GBP. Generally, both pairs are looking to base on ...

Cable Update (GBPUSD)

Today the challenge for bulls to continue upward is on...by first trying to remove yesterday high to target up to ~3419 with ~3395 on the way first, while bears will try to drag it down to ~3354 and bulls will have to defend ~3339-41 strongly.

Gold

My daily time is limited to be able to track all comments here but when I have some time, I'm enjoying blocking the trivial ones who're posting useless comments, and there are some type of ppl that quickly trigger my tolerance so easier to block in ...

Gold

Reminder of this advice regarding EURO/GBP short and GBP strength over the Euro...

Cable Update (GBPUSD)