That is tentative on the ECB meeting OCT 22. Will the ECB ease further or not? Ease more then down to 1.52. No more dovish messages or easing back up to 1.60

EUR/AUD

url No further easing at the OCT. BOJ meeting. I've noticed the BOE clamoring about GBP being too high. The new school of thought is that if any action on rates is to be taken they should CUT rates instead of allowing deflation take hold. The ...

Dragon Riders GBP/JPY

No way. Well on the H1 anything goes with this pair. Not bullish until 1.50

EUR/AUD

Speculation will start to come in about the ECB increasing QE in December. Much sooner than the RBA rate cut to sink the Aussie. The 120 EMA at around 1.5190 will be the next target as the pair hits lower highs and lower lows.

EUR/AUD

Yes, I see it it too. 48 EMA on the daily at 185.78. Things have calmed much in the stock world and the USD is down. Risky commodities being bought. The China syndrome is contained. 186.24 is the 14 EMA on the weekly chart and I noticed end of year ...

Dragon Riders GBP/JPY

Hit the 120 ema on the daily chart now. Expecting a bounce soon.

GBP/AUD

Have a great weekend all. Market found some footing and rallied up solidly. Cheers.

Dragon Riders GBP/JPY

I say forward guidance will be key with American companies reporting earnings. If there are major players with flat earnings it's OK. but if forward guidance is lacking it will be unforgivable and risk appetite will vanish. GBP/JPY bye bye.

Dragon Riders GBP/JPY

Keep calm and carry on.

Dragon Riders GBP/JPY

USD has been selling off throughout London even though Goldman has lowered 2016 S&P forecast. Took 50 pips and closed. Buying AUD now.

Dragon Riders GBP/JPY

Going the other way for a while then I will join you on the sell side near 186. Tokyo should follow the N.Y. lead and extend the rally for London to give us a little more upside.

Dragon Riders GBP/JPY

TP is at red line on the H4, 184. After that a retest then burn the shorts by taking it past the white 220 EMA line beyond 186. url

Dragon Riders GBP/JPY

For the scalpers..........If Europe closes green there is a very strong slant towards a positive U.S. close. Also green at 3 O'clock? 70% chance for higher by 4 PM N.Y. time. url 30 years of data.

Dragon Riders GBP/JPY

All European indexes up. Should see a rally on the DOW because of it and carry us back up to 183 in 6 hours. Enjoyed the video Ray. ".......leave the mind alone, it will quiet itself."

Dragon Riders GBP/JPY

Thanks! Long from 182.17.

Dragon Riders GBP/JPY

Going to trade GBP/JPY again. Using the DAX and GBP/USD for some loose risk appetite guidance. All 3 appear to be reaching toward support about here. The unknown is the American earnings season for Q3 that has begun. Looking to scale into longs here ...

Dragon Riders GBP/JPY

Buying opportunity here on NFP Friday.

AUDNZD

Perhaps we can revive the thread on this commodity icon vs. it's smaller cousin. To me this is the start of a new and much more narrow range than in past years. 1.08 to 1.18 on the monthly chart. Saw Lagarde today on CNBC. Depressed commodity prices ...

Trading aud/nzd successfully

WOW! I see it too. It is supported by the 14 EMA on the monthly chart with an upward trajectory toward the 120 EMA. 1.1675 Cheers!

Trading aud/nzd successfully

Bravo! That is exactly how the market works. I remember a buy I did at 1.49. Fell to 1.46 and then up to 1.58.

Cable Update (GBPUSD)