also have a look to the weekly for gbp/jpy: I think, we see a (not perfect) "hanging man", which is a pattern with low reliability. Coincident (?)attern apears near 38,2 monthly fibo-line and near the upper border of my shi-channel. Look, what ...

Daily candle chart

it´s a gread pitty that my last forecast (break of the channel to the downside) has failed, so lets have a look to last and previous candles: The last big green candle is an bullish engulfing candle, which normaly has medium reliability. Because it ...

GBP/CHF and USD/CHF

i had a bit of investigation for 2 year treasury notes/yields in germany. It might be: Bundesschatzanweisung ("Schatz") ISIN DE0001137230 / WKN 113723 or Euro-SCHATZ-Futures Symbol: FGBS ISIN DE0009652669 But i´am not able to make charts from my ...

Daily candle chart

hello hussin, do you know the symbol for 2-YEAR yield Germany ? For 10-YEAR U.S YIELD it is "^TNX". I see a trendline break, and a stochachstics crossing to the downside late june for this. So unwinding might be in play.

Daily candle chart

some might think, that the last green candle is a bullish engulfing, but from what i see it is not a bullish engulfing. The lower part of the body of the green candle is HIGHER than the lower part of the red candle (the day before the green candle). ...

Daily candle chart

i think, if the big red trendline is broken on the monthly chart, price is able to test the longterm trendline on the 2. chart. on the other hand: longterm trend is clear Have a nice trading week.

Long Term GBP/USD ( Warning Sign )

"However the true cause of the EURUSD vertical drop was Mr. Trichet’s post rate hike press conference in which the ECB chief uttered the four little words, “I have no bias”, that killed the euro." url

GBP/CHF and USD/CHF

so, it was an bearish engulfing candle because today is bearish.... but wait for monday

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

nothing will happen today, frankfurt is sleeping, london is sleeping, and new york its holiday. I ´ll watch TV, have a nice meal and be out of forex. Next week maybe interesting moves.

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

there are better days for trading. whole forex is flat today, no big movements.

GBP/CHF and USD/CHF

gbp/jpy also simple. if the blue trendline holds=> down to 205, if it´s broken, up to 214.

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

well, its good to be openmindet to both directions in forex. my gu analysis: if the blue trendline is broken, down to 1,95, if not, up to 2,04 simple, isn´t it ?

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

thats very interesting, i will have a back up of this chart and think over it tomorrow. Its late now here, so nighty. Have a nic 4. july if you are US. Tomorrow might less volatility, but maybe good pricemovements.

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

hm. maybe 50 % retracement ?

GBP/CHF and USD/CHF

technically this might go lower, if dollar weakniss continues. If green channel is broken, this might reach 7,03, weekly resistance is at 6,67. I am out of this pair, for a few weeks, and I forecasted it technically pretty good on ...

South Africa - rock RAND roll

dow — it will, but not so fast first dow has to reach 10800-10500 territory, which is...you might guess... the break of the yellow channel (okay its not a true channel) and the 161.8 extension of the (not so true) channel. also trendline ...

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

only explanation i have is here: http://www.forexfactory.com/showpost.php?p=2090782&postcount=335 vix is up and tnx is down on my charts today. thats good :-) The bad us data may play out tomorrow, maybe. During london session.

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

like to give you example for channel break for uj and 168.1 fibo expansion. channel are blue lines. also notice please demark now is resistance for uj green line at 107.4. this resistance is now, and has nothing to do with last channel break.

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

sorry hussin. made decision not based on candlesticks. If there were a pattern, maybe the yellow marked. but only maybe. decision was made: 1. break of tom-demark resistance + a channel break to the upside.

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

TREND is most importend in candlestick pattern from my experiance. so, a hammer apears at the end of an downtrend showing bullish reversal. The opposite pattern is called in western terms "hanging man" (pattern at the end of an uptrend showing ...

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