12:50GMT Two medium-term forecast hit the targets, first one being USDJPY new low & second one as GBPUSD & EURUSD should climb up "to avoid" JPY crosses to hit new lows. Though EURUSD never made the UP try but still managed it. Third partially did as I was saying GBPUSD should try 1.5270ish for UP trend but missed it by 20 or so pips. Never mind, it is yet to be seen the next forecast whether this is a longterm reversal to UP trend.
09:45GMT Tweet next session entries
# FOR NEXT SESSION GBPUSD SHORT above lots*1 1.54086 lots*2 1.54576 about 3 hours ago via FX Tweet
# FOR NEXT SESSION EURJPY LONG below lots*1 106.015 about 3 hours ago via FX Tweet
# FOR NEXT SESSION EURUSD LONG below lots*1 1.26913 about 3 hours ago via FX Tweet
01:00GMT Good Morning Friends,as usual GBPs leading the recovery. EURs on hold and my guess is that they will try UP once GBPs are tired. Players make money in all our pairs. USDJPY making lows are not good for JPY crosses. As mentioned yesterday new lows can drive both down to new lows. Check yesterday's Weekly Pattern wall entries for EURJPY & GBPJPY 240 min (4HR) pattern charts. It shows new lows but as I mentioned yesterday it will depend on GBPUSD & EURUSD's trend in next two sessions.
Added few mins later, For those looking for my medium & longterm view - its UP. My indicators shows that we are into start of UP channel in EURUSD but others are just doing the last stage for a "V" recovery. Mostly spike-down in weekly chart. You will see this channel direction change in next few days/a week or so on technical play chart.
No comments:
Post a Comment