Good morning all. I see cable near 1.3530 an important inflection point, so in the near term a break to the upside will push the pair to the 1.3683 (closing the Gap of Brexit) or even a run up to 1.4000 (50-day moving average). However a false ...

Cable Update (GBPUSD)

I fully agree with your analysis . The pair is at a key inflection point.

EURUSD

Looks like we continue stuck in a range from 1.1120 down to 1.1002. I'm waiting for a daily close above or below it to confirm the breakout and going with the new trend.

EURUSD

Great assessment. I'll keep a close eye on that inflection point. But today there are not a lot of news so the pair may continue ranging.

EURUSD

Friday the pair made a Doji outside day and for me is a big indecision with a potential of setting a new trend on the break of the high or the low of this outside. Until then it should be in a tight range going from 1.1120 down to 1.1000. I'm ...

EURUSD

Good point, but the bombshell from Brexit to the economy may well be significant, although difficult to predict, in addition the potential stimulus by the Bank of England (BoE) as soon as August may set on hold any interest hike for this year by the ...

EURUSD

Good tip! I'll keep it in mind.

EURUSD

I fully agree with your analysis . I also see the EUR/USD see a pull-back up to 1.1106 before another move downward, but my target is 20 pips above yours @ 1.0920.

EURUSD

To the down side I see a Short @ 1.1162 down to 1.1135 (1) or even down to the hourly support @ 1.1071 (2) but a break above the hourly resistance plus Fibonacci extension @ 1.1187 will push the pair back up to another Fibonacci extension @ 1.1242 ...

EURUSD

A close today above the 10-day moving average @ 1.1130 may trigger a rally up to the 50-day moving average @ 1.1240. And happy 4th of July to all the American mates out here.

EURUSD

I fully agree with your assessment but I also see the Fed preparing a QE 4 as a backup plan, so bulls should exit their caves and start buying EUR/USD.

EURUSD

Yesterday the pair managed to close above the 200-day moving average so I'm expecting another leg up to the 10-day moving average @ 1.1178 .

EURUSD

I fully agree with your analysis. I also see a pull-back to the 0.8117 level before another upward move.

EURGBP

Great set-up but a daily close above the 200-day moving average @ 1.1080 may trigger a short squeeze 1.1200.

EURUSD

Good tip! I'll keep it in mind.

EURUSD

"My center is giving way, my right is in retreat; situation excellent. I shall attack." General Ferdinand Foch I'm buying everything that moves!!! Do not follow me I'm in mode.

EURUSD

I fully agree with your assessment. I'm expecting extreme volatility and choppiness for tomorrow. Today I can scalp a few pips from the long side.

EURUSD

I would like to see a daily close back above the 50-day moving average @ 1.1296 before start buying .

EURUSD

Nice and tight consolidation. Let's see what the ECB President Draghi's Speech, Fed's Yellen testifies brings to the table .

EURUSD

Good morning all, back from my "short" vacations . I see a potential double bottom @ 1.1335 with a target @ 1.1379 .

EURUSD