Three-month fall line @~ 1.25053.

USDCAD trend reversal?

Or... The Fed is not approaching their rate-rise regimen with very much aggression. EURUSD is likely to hang around these levels for a while. If that is the case, oil prices will remain stable. Then there is the matter of the expected "lift-off" of ...

USDCAD trend reversal?

Cable is faltering in the move to the upper trendline of a rising channel (Daily) and appears to be making a beeline for the bottom of the channel. After that...??? Who knows? Short from 1.561, take-profit 1.5393. Best of luck everyone riding this ...

Cable Update (GBPUSD)

Of course! They're central bankers! The point is that there could easily be two votes to begin to normalise rates...maybe three. That would send Cable on a tear, however briefly. After US open, there will be housing data, which has been known to ...

Cable Update (GBPUSD)

In case you haven't seen it: url

Cable Update (GBPUSD)

Don't forget the risk trends. Apple sold off after hours pretty hard, IBM and others are reeling from bad prints, Mr. Softy reported its biggest loss ever, etc. Fear could bring a new risk-on/risk-off theme to trading. It will be interesting to see ...

Cable Update (GBPUSD)

~1.566 is the three-month fall line. Expect very heavy resistance in that area. Also, the previous long moves through the rising channel have had much more direct impetus than this move has had. In fact, it is drawn-out and sluggish. I set my take ...

Cable Update (GBPUSD)

Your analysis is superb! (Only because it jibes perfectly with mine...). There is a rather large rising channel on the Daily that may be too big to be noticed. The first stop to the upside is the 1.60/.61 area. Carney will prolly start jawboning ...

Cable Update (GBPUSD)

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USD/JPY Discussion

It is too late to unease. The Fed will raise rates in June. The yen is toast...and Abe, Amaria and Aso know it all too well, hence the rapid-fire jawboning. You can see the way the pair is moving in smaller time-frames. Some big money, i.e., the BoJ ...

USD/JPY Discussion

Yay. Someone else is concentrating on timing patterns. Es mui importante.

USD/JPY Discussion

That makes entirely too much sense to be a rational decision in these markets.

USD/JPY Discussion

If Cable can gain traction here, that may change very quickly indeed.

USD/JPY Discussion

The real deal is having Pound Sterling lift up off the mat. As GBP goes, DXY goes the other way. That could be bad for UJ longs. Watch Cable carefully. :0

USD/JPY Discussion

Maybe... but in Vegas, they call this desperation.

USD/JPY Discussion

When Abe calls the election, QQE is all but toast. 97, here we come.

USD/JPY Discussion

Seems we've become jaded to all this nonsense :/

USD/JPY Discussion