Long — Holy cow.....I went long at 133.70 . Not seeing scope for pull back at this point.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Its looking very Strong, but I am scared to go long at these overbought levels.

Auslanco - GBP/JPY and GBP/USD (newstrade)

We have not gone 450 pips up without any meaningful dips. We may be due for one. USD/JPY is struggling to get past 90.30 area. I am also concerned about overbought levels all three pairs USD/JPY, GBP/USD and GBP/JPY. Maybe we will get a pull back in ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

JPY/USD Starting to roll over from overbought levels. Hope it brings gbp/jpy to 132 where I will go long.

Auslanco - GBP/JPY and GBP/USD (newstrade)

USD/JPY running out of steam at 90.20 — Will wait for to c if there is a re-test. If it fails again, it does not bode well for gbp/jpy.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I might sell at 134.75 ( for a correction) if it holds or buy dips into 132.

Auslanco - GBP/JPY and GBP/USD (newstrade)

...Maybe there won't be any dips for me to buy...will c.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I would not short at this point. Notice how gbp broke 1.47 and jpy broke 90. If I were you I would short higher not here. I am looking to buy dips myself.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Agreed. Looking to buy on dips.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Twin pair — Cuz they move in the same direction 90% of the time. Moreover, sharp drop in euro will give USD a leg up against other pairs.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yes, still slightly bullish on Yen futures but for how long I don't know. GBP/USD is struggling to make new lows but it may succeed tomorrow if ECB comes to its senses and gives us a .75 cut. If it happens, it will drag gbp down but it will be ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Bearish on all JPY crosses — At this point I do not see any reason to think JPY crosses will go up. Global mood is very bearish across the board. Charts and previous resistance points are meaningless at this point. At the same time, there is ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks man.

EURUSD

Thanks.

EURUSD

EUR way overvalued — Hi everyone, I am new to the form but not to trading. I wanted to post my two cents for what they are worth. I am seeing EURUSD at 1.20 (fair value) by June for several reasons: First, EUR is way overvalued by every ...

EURUSD