lots of yo-yo.... with last day of monthly closing... they want to reduce loses as much as they can. They will attempt to close higher near 1.3330 statistically, we have 75% chance to close higher in june than what we will have today.

Cable Update (GBPUSD)

Now what!! Before you assume its a reversal.. please note that trends dont change directions instantly... you will have lots of Yo-Yo before it empties your account and resume. Dont believe patterns in a correction of a trend... it will be always ...

Cable Update (GBPUSD)

1.3280 is the support... shouldnt be penetrated without fundementals

Cable Update (GBPUSD)

Its all good.

Cable Update (GBPUSD)

Weekly trend>>> down Daily trend>>> down Fake attempts to rise and fall back again. First time in 14 years that GB has red monthly candle closing in April. Ascending channel was broken three weeks ago, and the traditional target of the channel is ...

Cable Update (GBPUSD)

law of alternation sharp drop normally followed by side way correction. Nothing here to assume reversals. Trend line dont change directions that way.

Cable Update (GBPUSD)

ugly inverted hammer candle on daily at level were no fundementals could support the main trend

Cable Update (GBPUSD)

meant 1,4265

Cable Update (GBPUSD)

gbp

Cable Update (GBPUSD)

1.4265-1.4270>> correction Target touched... watch out for profit taking today... i dont see any fundementals for it to break & stay above these levels. This is gonna be very tricky day guys. play with small targets till trend correction ends

Cable Update (GBPUSD)

i think we will test 1.2265-1.2270 today or tommorow Just need push ups with voulmes towards north

Cable Update (GBPUSD)

will hit 1.4200-14210 today

Cable Update (GBPUSD)

When the pair undergo trend change ... it will get like this. Till it gets into a clear highway... They will over speed.

EURUSD

nice to play with retracements but consider tighten your stop loss. wouldnt go for more than 10 - 25 pips as a target, I might be wrong Best of luck

EURUSD

To move the price up or down... It require fundementals.. Monday no major news there. This is why the market full move range that is daily high to daily low will be 50% or less of normal daily range 100 points+. So far, we have dropped 42 points ...

EURUSD

we have a major resistance between 1.1873-1.1887 and daily close above this level will take us to a new level again, cause these type of resistance require strong Fundamentals not Technical targets. This is why spikes exist in these markets.

EURUSD

I think max. Drop will reach area around 1.790 and resume with the uptrend or consolidate around 1.820-1.860 area. This is the same target for breaking the previous up channel (70 pips) Beside 1790 is a strong support point. According to the weekly ...

EURUSD

I think i have some confirmation now for the down turn>>> 1.1680 1.1700

EURUSD

My bad Ø

EURUSD

US non farm employment change ... 3 hrs 20 min from now

EURUSD