15:20GMT All GBPs mixed signals Big-Trend is Down but momentum shows huge UP - I'll stay away from both for this weekend.
10:22GMT EURGBP & EURJPY in BUY zones - take long at best & lowest price target 60-70 pips (in 12 hrs max) 0.8914 & 133.53[**]
09:30GMT BUY EURJPY now at 133.72 or below target 30-40 pips UP[**]
06:50GMT Hope you noticed DowJones index and support - it has direct correlation EURUSD recent trends.
06:40GMT Its worth noting that DowJones is almost about to hit trend resistence; next possible move is down and you can expect what happens in Currencies
06:10GMT Try to sell GJ above 150.00-20 and wait for 40 pips drop.[*****]
03:30GMT for next 12hrs GJ fibo levels shows it should rise to 150.20 level now 149.65; first it should drop to 149.40s or below for good BUY[*****]
03:05GMT EU to rise from now 1.4868 target 1.4900 [*****]
01:40GMT GU & GJ to drop 30 pips now @1.6582 & 149.74 [**]
00:00GMT Good Morning friends, another big day with all JPY, EUR & USD data. As discussed on chat session EURUSD fell by 100-150 pips and it was perfect prediction. This pair is closer to BUY level today. It may touch the BUY Levels but don't take any huge short trades till the data is out. Even if you have any trades open limit it to 1.4800 for +ve pips. On -ve pips open trades I'll say hold on till data is released. Market rumours are that Yen is capped at 91 unless BOJ tighten their policy. Chances of downward[*****] is more especially when EURJPY is refusing to dive compared to GBPJPY.It may drop to 133.70-50 for more BUYs. I'll be offline after Japanese data and will return for US data. There will be minimum forecast today plus I'm trying to close my trades that are open - bit of risk management; so target pips will be around 100-200 pips.
No comments:
Post a Comment