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ChiForex replied Sep 10, 2020No easier than trading when done simple. Feels bad that despite my clear trading advice, still many enter the market at BS levels. I emphasized a lot at past about 1.2880s support, price bounced up to 1.3050 from it then at second attempt broke it ...
Cable Update (GBPUSD)
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ChiForex replied Sep 10, 2020Woooow...now no buy before 1.2770s, although slight support around 1.2830
Cable Update (GBPUSD)
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ChiForex replied Sep 10, 2020Interesting EU at medium term highs while GU only 1.2950

Side note: No good to sell at current market value as 1.2880s was a good buy that is seen to hold this week and anyways distance from now is tight..not ...Cable Update (GBPUSD)
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ChiForex replied Sep 10, 2020A break and base above 1.1850 is needed to revive bulls..and only ECB news can do that!
EURUSD only
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ChiForex replied Sep 9, 2020The ones who had a bet of 1.28 or 1.35 first are well known for all.
Cable Update (GBPUSD)
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ChiForex replied Sep 9, 2020No bragging...just for history... Check date/price that time..
Cable Update (GBPUSD)
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ChiForex replied Sep 9, 2020A message to those clowning with useless bets!! With no offense, you are both losers..who predicted 1.37 was hallucinating about that when the pair was setting 1.3480 high and I was warning about that and had advice sell..many remember or can go ...
Cable Update (GBPUSD)
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ChiForex replied Sep 9, 2020Medium term target met
Now GU bounce as it is to big extent looking to base above 1.2980s, it will be looking to target 1.3090-1.3110 and around 1.3140 major resistance will hold the pair from advancing.. Only a weekly close above there will ...Cable Update (GBPUSD)
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ChiForex replied Sep 8, 2020I can see GU heading to around 1.3060 that should be a good support for a first bounce upward, but if breaks/bases below that will take it toward 1.2980s..that's the extreme movement if done. While upward 1.3210-40 should hold the pair from ...
Cable Update (GBPUSD)
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ChiForex replied Sep 7, 2020Short term view: Bears looking to push the pair toward 1.3110s.
Cable Update (GBPUSD)
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ChiForex replied Sep 7, 2020Be cautious guys that due to downtrend basis..GU will sooner or later have to visit around 1.3050 major support, a base below and we're heading to 1 2950s and 1.2880s will have to hold the pair from more falling toward 1.2780s. This is a medium term ...
Cable Update (GBPUSD)
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ChiForex replied Sep 7, 2020I say to those waiting for the gap from Friday close to be filled that GU might go back to around 1.3280 but that is not to fill the gap because market don't need to always fill the gap at exact price. Some brokers have high for today 1.3265, others ...
Cable Update (GBPUSD)
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ChiForex replied Sep 7, 2020GU consolidating with downtrend basis as I expected on Friday. Today will stay ranging and more at Newyork session due to holidays..so sideways trading on..
Cable Update (GBPUSD)
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ChiForex replied Sep 6, 2020Bulls managed to close Friday candle at exact 1.3280s which is not very convincing, and seems after around an hour from now market is opening on a gap below 1.3260, that weakens bulls more & more. At market open will analyze the pair to give a ...
Cable Update (GBPUSD)
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ChiForex replied Sep 4, 2020Strong resistance 1.1855-65, bulls will try to push the pair for daily close above while bears will try to reject it fora close as far below as possible..seems we're entering a consolidation period.
EURUSD only
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ChiForex replied Sep 4, 2020Bulls will try to daily close GU @1.3280s or above if possible while bears will try to reject 1.3280s and make it close below 1.3260 General outlook, downtrend will continue after some consolidation.
Cable Update (GBPUSD)
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ChiForex replied Sep 4, 2020This is How to trade after the NFP news release.. Good news for USD: EU toward 1.1750-60s support Bad news for USD: EU toward 1.1910s resistance ***In both cases, Dollar strength is here to stay..
EURUSD only
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ChiForex replied Sep 4, 2020This is How to trade after the NFP news release.. Good news for USD: GU toward 1.3170s support Bad news for USD: GU toward 1.3370s-00 resistance ***In both cases, Dollar strength is here to stay..
Cable Update (GBPUSD)
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ChiForex replied Sep 4, 2020GBP is obviously weaker than expected, it retraced at the weakest first resistance..this is an obvious message for bulls that whatever NFP result will be..to give up for good

Cable Update (GBPUSD)