Hi Tomaz, Apologies for the late reply. The dollar dx has nothing much its way between where it is currently trading and support at 80.0/ 79.80 area. Given it is also trading under the daily 200ma with a 80% sell ratio I think it will be about now ...

GU, GJ and EU Analysis Thread

Dollar Index — Dollar Index showing more downside potential before any clear support to bounce of. Price is now trading below both daily and weekly 200ma making the dollar outlook very bearish. Weekly chart shows a tripple top formation around ...

GU, GJ and EU Analysis Thread

Morning Smikester, Haha Holiday?? I wish mate.....Just been very busy trading GU and a few Future contracts....Reason I havent posted much analysis is my post from the 28th July still stands. url Monthly close above 5314 and medium term targets ...

GU, GJ and EU Analysis Thread

Hi Tomaz, I agree we can still easily trade upto 1.57 level which was my initial trade plan however the high volume 4hr Pibars are pretty strong reversal signs and given we havent retraced since 5124 it quite probable we drop from here...I dont want ...

GU, GJ and EU Analysis Thread

*forgot charts Another 4hr pin formed in sucession...much stronger this time...Dollar index also has found support of lower channel support line around 81.50...Could be the combination we are after to get this retrace down to 5471/ 5315 area. Im ...

GU, GJ and EU Analysis Thread

Another 4hr pin formed in sucession...much stronger this time...Dollar index also has found support of lower channel support line around 81.50...Could be the combination we are after to get this retrace down to 5471/ 5315 area. Im short of R1 at ...

GU, GJ and EU Analysis Thread

Hi Hell7, Nice chart....Agreed the 50% zone in the dollar index could give us weakness in the cable....4hr pin formed on the last close in GU...price peaked at 5663....$dxy seems to have formed a bottom around 81.55 on the 5m.....I would like to see ...

GU, GJ and EU Analysis Thread

Hi Tomaz, Glad you like the analysis.... I use prorealtime charting or strategy runner for FX and stocks. The dollar index charts posted are just from barcharts.com.... Stocky

GU, GJ and EU Analysis Thread

A little more detail on the Dollar index chart sinner posted earlier....Just to give an indication how the dollar strength may effect GU around this current level... Im in agreeance the dollar index is due a retrace given it is at the weekly 200ma ...

GU, GJ and EU Analysis Thread

Hi Sinner, Hope trading is going well... Thank for posting the USD index chart...useful info mate.... GU is proving tough work at the moment so I’m giving it zero room to punish me. This pair is definitely overbought and there is clear bearish ...

GU, GJ and EU Analysis Thread

GU Analysis — It looks more and more likely we will have a monthly close above 5314 which is the resistance level for the monthly inside bar setup. Should this happen I will be looking to setup some medium term positions. Given we tested the ...

GU, GJ and EU Analysis Thread

PA testing daily 200MA (5577)....very important area with the monthly candle close around the corner. Im waiting for a daily/monthly close above above 5471/90 before getting involved in any longer term trades... As per previous post a confirmed ...

GU, GJ and EU Analysis Thread

PA testing daily 200MA (5577)....very important area with the monthly candle close around the corner. Im waiting for a daily/monthly close above above 5471/90 before getting involved in any longer term trades... As per previous post a confirmed ...

Cable Update (GBPUSD)

15 min channel broken and 5471 has not held.....5432/ 5420 area next target (bottom of 4hr channel). VSA reversal signal were given around 3pm also....climax bar followed by high vol churn. Stocky

GU, GJ and EU Analysis Thread

Hi 45Condor, Sorry for the delay...didnt see your Q come in....Todays profile has formed a small ledge around 5471 and at 5465.....Given 5471 is monthly support and we have had a 4hr candle close over it i would see this current selling as a pull ...

GU, GJ and EU Analysis Thread

Hope everyone is well.....Had a week away from trading whilst price works round these major levels...given we have had the prelim GDP figure I think we may make some progression next week past 5471.... Two main levels I am watching here are 5471 ...

GU, GJ and EU Analysis Thread

GU Analysis — Two main levels I am watching here are 5471 monthly resistance and 5315 the resistance level for the monthly inside bar setup. This monthly bar close will be very important if we close above 5315 as it confirms a break of the ...

Cable Update (GBPUSD)

Monthly Inside Bar — Monthly Inside bar break....obviously a monthly close is needed above 5315 to confirm this but I will be watching the weekly and daily for signs... Price reached strong monthly res/support 5471 and was rejected yesterday ...

GU, GJ and EU Analysis Thread

closed EJ short at 112.08 (+52) GU shorts still running. Looking a little shakey at the moment...5230 proving tough to break....this is a 4hr setup so will hold for now. Stocky

GU, GJ and EU Analysis Thread

lol..mind reader....thats my other profession... US figures gave us a nice spike up on EJ and GU.... GU 4hr has formed a Pinbar at R1 also daily/weekly resistance zone....US figures spiked us up to 38.2 retrace of the Pinbar...I have entered short ...

GU, GJ and EU Analysis Thread