Tuesday, 17 August 2010

My Forecast

15:15GMT EURUSD failed to sustain the DROP; expecting it to delay and then slide.
12:40GMT EURJPY is ready for the drop anywhere near 110 is good; climb is limited at current strength
08:30GMT Big lot SELLs EURUSD above 1.2900-30s and then target 50-60 pips down
05:30GMT Most probably in next 50 pips UP trend JPYs SHORTs will be done..for next session or so

01:00GMT Good Morning Friends, GBPUSD & EURUSD are heading DOWN at later session where as JPYs are heading UP for time-being. Factor in JPYs levels will be the momentum. My instincts says that we are staring at big moves in JPYs and at this moment I favour a climb.
Posted by Jeeson Augustine

2 comments:

  1. Unknown17 August 2010 at 14:51

    Hi J, I was away for few days visiting lovely Cornwall - how do you see gbpusd. I see it is touching upper green channel, so obviously it can go up it a bit, but it has stopped cutting big grounds for atleast 2 sessions. Thanks, M

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  2. Jeeson Augustine17 August 2010 at 16:10

    I think GU will be choppy, I think 1.5750-800ish is a good short entry for next few session. At this moment I'm still looking into possible mind set of players for rest of data releases this week...its bit complicated with JPY hitting very low.

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