Oil monthly supercycle Just a thought. image

The Club!

As long as yours is still alive, that's all you have to worry about

Cable Update (GBPUSD)

Yes this is a better chart. Now we see what happens

The Club!

This time I am more prepared

EurAnalysis

Good day people. Taking a break today as I don't believe we'll see anything of substance till tomorrow. Slow news day also, so I'm going to spend some time relaxing away from the computer. I'll drop by a couple of times to check out price and maybe ...

EurAnalysis

Once a quarter of the population is unemployed, it's only natural for there to be less people applying for unemployment benefits. The number tends to be quite volatile anyway so I wouldn't read too much into it. Furthermore, it's the Xmas season so ...

Cable Update (GBPUSD)

That's good. I am tall also

Cable Update (GBPUSD)

It seems the retail crowd are buying into the Euro dip and if it keeps going, they will end up net long, so the retail crowd stops will be below... not above. url

EURUSD

Wow!!! It looks like the retail bears are finally capitulating en masse. (1 Sign of a bearish Euro) Also COT reports that large specs have flipped net short the Euro. (2 signs of a bearish Euro) Now we need the 3rd sign... a break and hold below ...

EurAnalysis

Keep in mind that from a purely technical perspective, 1.3480/90 is a very heavy demand zone in weekly and lower, and in confluence with trend line/channel support on H4 and lower. Therefore I would expect a significant technical bounce from there ...

EURUSD

We need a pullback upwards to anywhere between 1.3560 and 1.3577 before heading to 1.3480/90 At least that's how I see it.

EURUSD

Thanks Jeremy.

EurAnalysis

and don't you ever dare forget it again

EurAnalysis

Daily pivot is 1.6355 on GMT charts. It 6355 provides resistance you should be fine to hang on. image

Cable Update (GBPUSD)

At this point all three possibilities receive equal weighting from me and there are EW counts to support all of them.... the most bullish of which from Vozniy.

The Club!

The data has been mostly good. They have admitted that. They just wanted (as they explained) to make sure it was sustainable. So far it is looking sustainable. Friday's NFP will shed more light on the situation. The leading indicators to the NFP ...

EurAnalysis

bad link

The Club!

I wouldn't pay much attention to the weekly pivot while trading the hourly chart

Cable Update (GBPUSD)