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Greener replied Jul 29, 2014ranges too wide to be of any interest. 17900 is out of question in the next 72 hrs. thanks for posting anyway.
Cable Update (GBPUSD)
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Greener replied Jul 29, 2014I don't expect anything from FOMC tomorrow but if by any chance GDP number will be lower than expected.. that doesn't fit well with the rest of the picture and would suggest recession. A big chunk of the US recovery depends on low exchange rate and ...
Cable Update (GBPUSD)
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Greener replied Jul 29, 2014well, provided that IMF is not deemed as the most trustworthy institution when it comes to public statements, nothing is overvalued if compared to toilet paper.
Cable Update (GBPUSD)
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Greener replied Jul 29, 2014still missing nearly 20 pips to my tp at 1.6918...and then I am out to see what happens next....I don't expect anything good from US tomorrow but don't dare to predict market reaction
Cable Update (GBPUSD)
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Greener commented Jul 29, 2014daily traders should stick with present time...especially in summer...just checked myfxbook/community and a large majority of traders are still buying eur, gbp and cad against USD
The Conference Board Consumer Confidence Index Improves Again
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Greener replied Jul 29, 2014that may be true but USD strength shouldn't last for long. US economy will be soon naked as tapering ends. Will recovery be sustainable with a high exchange rate? All to be proved.
Cable Update (GBPUSD)
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Greener replied Jul 29, 2014just getting to the lower end of LT uptrend channel...my tp is 16918, below that it's a major downtrend....but nothing to do with US...probably more with EUR and interest rates
Cable Update (GBPUSD)
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Greener replied Jul 29, 2014after this move, I think there's still margin for further downside until the area of 16925 for this correction.....
Cable Update (GBPUSD)
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Greener replied Jul 29, 2014for UK it is only a matter of when to start the rate hikes...summer data is irrelevant...
Cable Update (GBPUSD)
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Greener commented Jul 28, 2014nice statement ahead of FOMC meeting tomorrow...IMF playing forex
The pound is overvalued, warns the IMF
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Greener replied Jul 28, 2014following uptrend last Friday a bit of retracement/consolidation on Monday was on the cards. Retracement was minimal and above 1.0800 threshold today therefore bulls still remain in charge.
USD/CAD
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Greener commented Jul 28, 2014it's all orchestrated...including poverty and unemployment
Euro crisis is sleeping, not dead
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Greener replied Jul 27, 2014I expect very limited pullbacks and fast rise until 1.1...we'll see...I will change my analysis if 1.06 level is broken
USD/CAD
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Greener replied Jul 27, 2014longterm downtrend was broken sometime ago. It's just time to chase the new uptrend. Until 1.1 it's all smooth...after that new highs are very likely 1.2 almost sure thing...find a dip for a good long entry, you won't regret it.
USD/CAD
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Greener replied Jul 25, 2014USDCAD has a history of straight line trends....safe to wait until next resistance in 10870 area
USD/CAD
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Greener replied Jul 25, 2014erase the word overbought for this pair as it won't come down easily...new highs by year end....congestion area around 1.0868-70 is first real resistance which will be taken down on the way to 1.12-1.16
USD/CAD