My Forecast 06-November-2009

10:50GMT Ross Yamashita says "Technicially speaking on the EUR/USD, you can see we’re in a potential triangle formation, which means that after it is complete, we will see a move up.If the pair does swing up, look for a potential price point near the 1.4993 area. If the pair goes down, look for a potential price point near 1.4771."
10:30GMT J WORD: If you're expecting 400-500 pips down in GBPs today then I should say sorry. I expect GBPs real fall will be on 24th Nov when US GDP is out. So close your open trades on today's low and book the profit.
09:40GMT get ready to see the peak of GBP mountains - if it hunts 1.6655 & 151.64 will be a v.good; can you catch these in your SELL
09:20GMT If you inverse 2 Oct NF data; today GBPJPY will jump to 151.35 & reverse to 147.40(just the technical)
08:40GMT Series of Data today hard to forecast - current trend GU mild uptrend, GJ strong down trend, EG mild Uptrend, EJ mild down trend, EU uptrend with no strength.
08:00GMT GBPJPY DOWN trend to touch 149.90 now @150.24
06:40GMT My Long Call on EURUSD & Short on GBPUSD are confirmed by Morgan Stanley-check in market rumours
05:10GMT EURUSD now 1.4872 target 1.4913
05:10GMT EURJPY now @ 134.88 target 135.08
05:10GMT GBPJPY should hit 151.05 for big down action now at 150.56
04:20GMT EURUSD 24hrs Strategy BUY below 1.4720 SELL above 1.4910 for 80 pips
04:20GMT EURUSD now 1.4878 to fall to 1.4830 before the bounce.
04:10GMT System Forecast GBPUSD - GU must touch 1.6630 as High and then reverse to break 6570 levels to drop to 1.6430 level -please negate this forecast if the High is greater than previous.

04:00GMT GBPUSD - if it break 6550-70 trend support then expect a 100 pips fall
02:00GMT Sorry for no updates/forecast early morning, I was analysing into GBPUSD daily chart. News is that we are really into big storm in GBPs. It made new highs and new lows in last few weeks and its expanding. It throws all levels away as its showing mirror of a triangle in daily chart. There are chances that it might trend to one direction or making another attempt of new lows & highs. If it attempt for new lows & highs we are seeing 900pips down & then 1000 pips high. I think players may attempt for same but it will be fundamentals vs players.