COT data released today showing record long speculative euro positions for second consecutive week. They increased their positions by 2,097 to 129,044 where shorts has decreased by 279 to 22,274 contracts. There is a very good chance the correction ...

EURUSD

In My Opinion

Cable Update (GBPUSD)

I've been playing with some trendlines and channels. Basically I see the technical target on the break of the channel has been made which was around 500 pips. Of course we can see another breakout but I really think if it happens it would be ...

GBPUSD

The pair broke below previous low on better than expected CPI data , but was met with strong demand around 1230 where rumored bids were placed. The fact that it couldn't break the support makes me think that we might've reached the short term ...

USDCAD .. One New ALERT!!

3670 is the top of the channel euro has been following since December last year. Also don't forget the potential doble top as well.

EURUSD

For the EW experts out there. What do you guys think about the euro ? Final wave iv of (v) underway, meaning another leg higher

EURUSD

Markets don't go straight up or down. It's normal to expect a correction at some point.

EURUSD

And when that happens you bet there will be a lot of selling pressure. Unless one is already long and have a lead it's equally risky getting into the market right now.

Cable Update (GBPUSD)

It's no man land now. Standing aside for now.

Cable Update (GBPUSD)

Same here with ezAntivirus

Virus Alert!!

Can you define your understanding of a grid system ? If that's what I think it is then try GBP/USD.

Best currencies for Grid systems

One thing is for sure - it will go right but from there it's just a wild guess . We all had a better days but by the end of the day what counts is the maney you made or should I say pips. And I can see you're doing pretty well. Keep up the good ...

Turbo's Journal

Not before we see a correction in my view. According to CFTC data released today spec accounts increased their long euro positions to a record high to +104 394 contracts. Bare in mind the data is up to April 10 and we had three more up days so I ...

EURUSD

Stopped on my short at 8315 for a loss 37 pips on the whole position. Still not convinced it would continue going up but if it did I'd be watching for 8390/00 level and then 8500/20 for potential top. AUD/JPY made it to 99, so let see how it would ...

Aussie Pairs

Time to buy USD/CAD ? ? ? It's sitting at some support right now, if broken the next level to keep an eye for is 61.8% retracement @ 1.1290/1300.

USDCAD .. One New ALERT!!

Although I agree buying the dips is the strategy here I have to disagree with you on the rate cut. In my opinion we'll see a rate hike somewhere in the 3th or 4th quater. But that's just me.

EURUSD

Same Eastern European name seen on the offer around 1.9780 on the cable.

EURUSD

I'd say G7 meeting this weekend. I bet there will be some discussions about the yen weakness.

Daily GBP/JPY analysis

For those into technical analysis, aussie is developing ascending broadening wedge formation on hourly. This pattern breaks out downward about 75% of the time and the min target is lowest price in the formation, which is 8214 on my chart. Other than ...

Aussie Pairs

Yes, I ment 8280. My mistake. There is a long way to 8880 Thanks

Aussie Pairs