My Forecast

15:00GMT With slow/no movement it is tough to trade let alone forecast; was expecting to rise and then drop but there was only mini slides; mostly sideways. I'll leave it for US session close to see any major moves or probably Euro session open t'mrow to see any major moves. Still expecting to drop as current highs needs a consolidation.
11:30GMT Hold on for GBPs drops (As predicted this week its very slow move)
11:20GMT EURUSD breaking trend resistence (cesar work)


09:40GMT GBPJPY shows reversing trend in small timeframes but in 4 hrs chart it shows that this level may be players SHORT stop hunt plus entering into longterm DOWNtrend.
08:10GMT Sell GBPs 1.6590 & 147.30 target 40-50 pips down Add SELLs at 1.6630 & 147.80s if you can and target 1.6540s & 147.00s
04:10GMT GBPs will scale 50-70Pips from open [** 120 pips] and then tend to drop for start of next session before scaling high again
03:22GMT "TRADE4WEEK" EURUSD longs below 1.4790 and target 1.5050
01:10GMT GBPJPY good BUY below 146.50-40 target 40-50 pips UP[*****]
Good Morning Friends, Today as usual I got Cesar's new analysis. He is not giving me chance to focus on anybody else. This time its EURGBP: GBPUSD drop helped EURGBP to rise. It almost touched the SELL level on friday. Cesar's first chart shows a small drop is expected. Today's EU PMI will be the right time to see this drop.


The daily chart shows a different picture; It broke the trend resistence expecting a big jump this week. That points to EURUSD jump & GBPUSD drop. Now that will be a interesting technical play for this week.

Weekly Focus: My target will be to do 500 pips for entire week as I'll do a very thin trading
Monday - EU & any USD
Tuesday - EU & USD - GDP data
Wednesday - GU & USD
Thursday - JPY
Friday - I'll try no trade & close all open ones