hehe

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cesarnc whats your strategy for the Core Durable Goods news if it comes out usd friendly?

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Anyone else selling g/u? I sold at 9649. usdchf and jpy seem to be slowly recovering. Plus I'm not too impressed with g/u's efforts above 9650 Also traditionally the market moves in an opposite direction to forecated news to create room in ...

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After Profit Taking What Next — Ok guys after this spikes profit taking (which seems to be happening now) where would g/u settle? Any guesses/forecasts

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I have daily pivot at 9639? Same with you? Should stall at 39/40 for a while

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Up with a Vengence! — Up with a Vengence!

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Watch out for correlating currencies USD/CHF and Euro/USD If Euro passes key resistance of 1.3190 and usdchf stays below 1.2300 we may well see 1.9676 being reached or breached before/during Asian open.

Cable Update (GBPUSD)

You're right 59defender 9629-35 has been a strong resistance area all day. 9629 is the mid-point of todays NY high/low range (9646+9612 % 2 = 9629)

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Upward rally continuing. Methinks previous low just before London close was stop hunting for upward move. This movement may have some unopposed juice in it.

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Key test for downward movement would be breach of 1.9609 being breached (represents daily Fib PP and daily pivot point). I see a upward rally for g/u before London close to 9629-35

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Monarch Please Ignore NEGS — Monarch I just want to add that MANY people including myself follow closely and respectively your analysis and ideas within this forum. I hope that the sad comment from 'just1pip' wont diminish the quality of your ...

Daily Cable Analysis