Thursday, 23 September 2010

My Forecast

15:40GMT Was waiting for dust to clear.. EURs moderate UP turned-out to "slide" after EU data and GBPs direction was zig-zag (best for 1min channel)
06:30GMT GBPJPY too looking UP now..
01:00GMT Good Morning Friends, Looking at weekly pattern chart RSIs, most of the longterm RSIs are above 82s in EURs and GBPs slowly approaching those. EURUSD must touch 1.3490ish to complete 127% on weekly pattern It will be a good SHORT with target 1.3000ish. GBPJPY RSI touched 30ish in shortterm I think its a good LONG for atleast 100-200 pips. Now coming back to today we are about to see GBPUSD, EURJPY & EURUSD climb. But EURs must be moderate trend.

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