I agree with you about the AUD being high because of iron ore. Its a commodity currency so its dependent on commodity prices, especially iron ore!

AUD/USD

Nice analysis!

AUD/USD

Good job!

EURUSD

No problem....yea small rally.

Geppy's Geppy Thread (GBP/JPY)

Look at this stochastics indicator at the bottom of the image. It shows a bearish divergence on the daily chart while the price continues to go up. This is a powerful indicator that PA is subject to reversing quickly, and when you see this on the ...

AUD/USD

Hahahahaha! Its human sentiment that's to be expected. The numbers were within reasonable range so thats why there was a spike. Wait a little while.....wait for it. Just like everyone long on the pound.....wait for it LOL

AUD/USD

Employment down but it might not change the PA much

Geppy's Geppy Thread (GBP/JPY)

Basically, the monthly and weekly may still be correcting upward slightly, but my opinion is that this corrective movement is about to end if it hasn't already. When you said you think my statements are too firm you may be right, I'm just giving my ...

AUD/USD

The higher high and higher low in my opinion is because of upward momentum during a corrective movement, and also because of market uncertainty. That doesn't mean the trend will be reversing, although its always a possibility. Also, I'm just giving ...

AUD/USD

Yea choppy and sideways LOL. The EUR/USD is doing the same thing. Wondering when this volatility is gonna end?

Dragon Riders GBP/JPY

I know right! Well I'd still trade Friday I'm just not closing any trades out that are negative hahahaha! I'll wait for them to come back around :-)

EURUSD

I agree especially if its spiking on the 4 hour or daily! If its correcting high on the daily during a trend, id say its gonna fall further.

EURUSD

Its tricky to navigate the dynamics between the fundamentals and technicals. I'm not normally confused by either of them, but recently I have been, so everything you said makes sense!

EURUSD

Good points! For me those upward spikes are just noise inside the larger pattern lol.

EURUSD

This pair is so heavily traded that the chart patterns tend to be distorted. I normally look to the GBP/USD for the overall pattern when trading these 2 pairs. Just a thought :-). If it makes it up to 1250 its prob going straight down from there for ...

EURUSD

Whoa if it ever makes it up there!

EURUSD

Yea this pair would normally be going up right now its in an odd setup along with the USD/CHF and USD/JPY pairs.

USD/CAD

Yep yep :-). Same to you!

AUD/USD

So are you short on this pair or waiting?

AUD/USD