Possible, still could come back up and even make new highs but it's looking weak to me now and EU stopped at 1.337 resistance which should help AU drift lower.

AUD/USD

Short 9062, targeting 90.

AUD/USD

This GU rally is incredible. Even while EU is selling off this thing is going higher, wow wow wow. Garbage

Sonic R. System

Wow, crazy movements, I fell asleep right before it unfortunately Jeeez, that's totally insane right there.

Sonic R. System

30 minutes before BOE news, we have price below H1 dragon and dragon starting to point down. Is this the start of a nice GU sell off or does the news reverse it. Hmmm. I'm thinking we're going lower.

Sonic R. System

I don't know, GJ looks utterly awful to me.

Geppy's Geppy Thread (GBP/JPY)

hahahaha

AUD/USD

GU big news in 8 hrs with BOE inflation report and Carney speaking. UJ looks disgustingly weak. Cutting my wrists a bit for not staying short. Think we might stay in 97.05 - 97.57 range till break out.

Geppy's Geppy Thread (GBP/JPY)

Agree. Whenever EU acts like this it's usually before a sell off comes. Lately I don't really like trading it because it seems GU,UJ are way better to trade as it's very hard to make any sense of EU recently.

Sonic R. System

Question is will UJ hold 98.20, hmmmm. I covered short at 98.50 stupidly Dumb Dumb.

Geppy's Geppy Thread (GBP/JPY)

Wow, aussie is a total nightmare right now. GA up 250 pips today. Kicking myself for messing with this pair today. Started off well and then just raged higher.

Sonic R. System

Yes, I know. I expect UJ to go way way higher over next few years. But it's rallied huge from below 80 and can go through heavy technical selling as we saw from 103.50 to 93.70 area rather quickly. I tend to think we will see at least 95 again. ...

Sonic R. System

Interesting story here on UJ. Are we going way lower? Back to 98.20? Break recent lows around 97.55? Time will tell.

Sonic R. System

Hope so, it's really looking pathetically weak. GA is sky high.

Sonic R. System

Getting the sense that Aussie will rally hard pretty soon and surprise attack the shorts Wishful thinking could be dangerous

Sonic R. System

Sure is stressful depending on Aussie strength right now. Market won't let it move without pounding it straight down every time.

Sonic R. System

GA & EA seem way over extended here. Who knows? Strongest trends right now, as well as AU down.

Sonic R. System

A new M15 sonic set up that will lead to nice profits? Or more scamming by MM?

Sonic R. System

Smart to be done for the week, this is a really tough spot to trade.

Geppy's Geppy Thread (GBP/JPY)

Wow, really interesting spot on UJ EU GU right now. Not sure what to do! Something tells me stay short UJ... but eh. Tough with GU and EU going straight to resistance spots. Could see a total reversal now, at the very least for half of NFP move. Ugh ...

Sonic R. System