Above chart shows that dump EURUSD at lowers and do LONGs and GBPUSD will drop below 1.65 next week; so don't panic its DAILY CHART
07:50GMT next 2 hours is crucial - if the pairs break pivots then you will see traders doing as Rich call "break"dance; no more data release so expect the trends to continue.
07:40GMT As everybody guessed the trend trading is best at this moment as BUY levels are approached in multiple pairs. GU 1.6590s will be a good parking place
06:40GMT Both GBPJPY & USDJPY are good buys for small pips [*****]
04:50GMT Not many alerts - all pairs are trading with mixed signal - don't want to send blogiewers to wrong direction EURJPY & GBPJPY are close to BUY Levels but USDJPY will fall so they are expected to fall.But there are short-term UP trends for players game.
03:30GMT Now GBPUSD it looks like on a slide but how long it will last is the issue; with December about to start we may be stuck near this range or 1.65; only time will tell.We are still waiting it to do 78.6% previous high/low pattern
02:40GMT Before you panic about JPYs here is the USDJPY. We completed Harmonic Bullish Gartley pattern; with 88.85 price we are at 78.6% of Oct high & low - "Beauty". Will we see 127% i.e 87.00 is the question if it does "SELL-you-house" and BUY USDYEN literally :D
02:30GMT EURUSD - light at the end of tunnel "triangle formation" but no guarantee on direction; Big players are Buying and traders are still holding SHORTs (u can decide)
dotted lines are Fibo levels and long lines are pivots
02:20GMT BUY GBPJPY now 147.66 and target 30pips [****Phew!!!]"Don't worry if drop 20-30 pips more as the levels will be back during 4:00GMT, I'll add more trades on low"
00:00GMT Good Morning Friends, I wish everyday is like yesterday - we all be happy ever after. Coming back to FX - I was admiring the "M" patterns in 1hr charts of GBPUSD & EURUSD. I feel like seeing a storm from satellite after driving through it and yes very tired - thank god it is friday. Check the 1-4 hrs pattern USDCHF & EURUSD they are like mirror of one. This morning I plan to take some risky SHORTs in EURJPY & GBPUSD close to BUY levels (sometimes I'm bit naughty breaking my own rules).
Plan - stick with JPY and GBPs today as EURs effect on data release is not known.
I'll update weekly outlook today with latest picture. Then we can compare with my forecast and you can learn how to forecast. Finally I must thank César B. Leiceaga for his fantastic 4 hrs insights on GBPJPY Moving averages (Nothing to hide, I usually don't get time doing everything on my part and then patterns so; depends on experts like him to show very interesting parts to learn). Today he posted about AUDUSD worthing watching
I think these charts are important for EURUSD aspect too most probably EURUSD chart trend will be similar to AUDUSD. I hope you have seen the video on moving averages in trending market by dow jones in my {HELP} section. This concept is there but using it at right time is crucial.
Now don't waste time; Get ready for BOJ decision though we all know the result.
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