hi bones, a retrace around 1,085 would be nice for a long seen the dollar? I was not surprised actually, but I expect a reaction from other currencies before the reversal

Daily candle chart

sold a small lot at 0,824 Still have two orders at 0,825 and 0,828 in stand by It's possible we could see some spikes to the 0,84 area (0,838 coincides with the 61.8% of the July/Oct 2008 fall) before the reversal The overbought condition makes me ...

AUD/USD

there might be more upside first, but a reversal could lead to 0,70 - 0,75 in my opinion

AUD/USD

you are right but I have noticed how the vertical fall of the dollar has started to slow in currencies like CAD and CHF. After a new drop, I believe EUR and GBP will follow. How big will the next drop be is the question...but I think that something ...

Daily candle chart

0,8250 / 60 is the first resistance zone where I would start to think about a short position

AUD/USD

I agree on your view Bones and I am waiting for that target to buy the dollar

Daily candle chart

looks like we might see a last upward leg this week before a reversal and new strenght on the dollar may be closer than we imagine ( I am watching 77.7 on USDX, currently around 79) commodities related currencies likely to turn down first followed ...

Daily candle chart

on a longer term view, I think we are entering a zone where it makes sense to be short on the short term indeed, there should be more space to go up to 0,82 - 0,84

AUD/USD

watch recent highs at 0,7890 next targets of a possible break are 0,793 and 0,8 first support area is 0,781 /20 and 0,775 below (buy the dip still makes most sense to me) tone is still positive as long as 0,767 - 0,77 holds

AUD/USD

not yet I think uptrend is still solid, as I just wrote, I think the best way is to play longs on dip and take profit on the upward spikes sometimes we could even try some shorts but carefully I believe that there will be a better short opportunity ...

AUD/USD

agree with you here bones I prefered to profit my longs on GBPUSD and tried a short at 1.6075 (around 2.92 for GBPLFX). Hope in a pullback before the uptrend resumes

Daily candle chart

yeah, the buy is strong. but we are closer and closer to important resistances, so my strategy is to go long and take profits, then long again on pullbacks until AUD will have reached 0,80 - 0,83

AUD/USD

don't think we'll see those quotes before late 2009

AUD/USD

don't think so, 0,83 - 0,84 is my final target for the upmove started in March from 0,62

AUD/USD

took profit from 0,7778 to 0,788 I am expecting a pullback around 0,777 - 0.781 where I'd like to cover and go long again

AUD/USD

closed my shorts from 0,7852 to 0,7778 where I have reversed to long....

AUD/USD

yes, I was expecting a stronger and fast retracement, now I believe there will be a small one on monday and I am looking to close and reverse to long as low as possible...

EURUSD

maybe you forgot to say that USD is the weakest of the three at the moment... and I am out of any suspect since I am short EURUSD at 1,3927 waiting for a retracement that has not arrived yet....;(

EURUSD

if you talk about mondays high, I just suppose that some stops will be hit before retracing if you talk about the final target, upside of the current rise from 1.2456 should face strong resistance between 100% projection of 1.2456 to 1.3737 from ...

EURUSD

due to light volumes on monday we could see pump and dump moves, that's why I see stops being hit on both sides before continuation of the uptrend, whose final target might be 1,45 - 1,46 (138,2% projection from the recent lows at 1,2456). The main ...

EURUSD