Because the stock market is showing cracks now. GBP should sink with it, risk off.

Cable Update (GBPUSD)

Looking well supported now that they flushed out all the USD longs Friday. I'll take a call option at the .9120 strike for the week.

USD/CHF

BOE was a real let down for the market but Japan is still expected to continue their dovish stance under the LDP. Eventually the two banks will diverge in money policy and GBP/JPY will start an uptrend.

Dragon Riders GBP/JPY

Bearish now, let's see if we get some reports on colder winter weather and where the demand zone is again. 4.2?

Nat Gas anyone?

With the ECB continuing their loose policies that 1.16 break above was totally fake. Going to see further Euro weakness.

EURUSD

Next week time to buy Cable, not today.

Cable Update (GBPUSD)

Inflation data was weak in Switzerland this AM and that downtrend with USD/CHF is gonna change real soon.

USD/CHF

Fundamentals agree yes, ECB still on the gas pedal with the loose money policy.

EURUSD

Q3 GDP THU. Gonna be a market mover.

Dow Jones

The $85 zone will bring the pause, we can already see USD/CAD reversing.

WTI Crude Oil Trading

Let there be harmony amongst the Euro brothers.

EURUSD

Just look at the charts and see the live price action. FX is not at all as easy anymore due to widening spreads at tier 1 banks. Days of inactivity then weird tractor beams, sudden spikes that are sold back down to obscure the trend etc. I trade ...

Forex markets seems to have changed

1.23 like you said was the bottom. Crude Oil is very near the interim top and dip buying on USD/CAD is evident now.

USD/CAD

$85 Price target for oil and we are seeing the market front run that USD CAD reversal. Buying dips for sure next week. 1.2450 target.

USD/CAD

Widening spreads and strange tractor beams etc. FX is more difficult now than years past.

EURUSD

Crude Oil is getting to high. I expect a temporary reversal of USD CAD and Crude oil this week.

USD/CAD

With FX you cannot average down because it can keep dropping day after day, look at the euro chart. Stocks too, Only indexes or oil do not have sustained plummets.

EURUSD