Bullish H4 candle has closed without upending EMA10/H4. The bears are lurking!

Cable Update (GBPUSD)

H1 has closed with that long bearish candle now engulfed. Isn't PA proving Navk right?

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Particularly, with that favourable CPY news. And for effect, there is an old H1 average swing hi at 2625

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I wonder o!

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What is the implication of the doji on both M30and D1? Anybody? For me, it appears that the bulls will soon tire out. So, expectations of 2600 and above today look like a mirage. Infact, the bulls might find it difficult to take out SMA 25/D1 that ...

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Thought it's obvious PA is heading to R2 first,at the moment

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Now that PA has touched 2325 it had been looking for since the Asian session, the question is where next? For me, what it does when it gets down to the M5 average at 2290 will determine the direction

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It was bound to happen. The hi-lo on M5 has now manifested. Let's see how the bulls will respond

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I am curious to see how this your H & S expectation will play out. Hope you are aware that the bulls are also getting a beating in EU. Theirs is better in that the bears still have the D1 doji to overcome before the can truly assail but in GU the ...

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Textbook tells us how lethal 3 soldiers are in forex. But on M15 are 4 mean commanders! Let us believe 2220s will rescue these helpless bulls

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2266 has also gone into the kitty of the bears. Next is 2222

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Fibo theory tells us that if PA closes well below 61.8 it will get to 38.2 in that swing. If that is the case, it means we're heading to 2092 as per the last D1 swing. From your analysis, you don't seem to see this possibility. If PA closes beyond ...

Cable Update (GBPUSD)

2285 has surrendered to the bears. 2266 is looking vulnerable too

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M30 has closed with a bearish spinner. This is for our bullish friends. Are you still optimistic that 2290 will stop these bears?

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What you are suggesting is that the low of London will be higher than the low of Tokyo today. Is that usually the case? Don't you think PA will test the 50% fib of the last D1 swing (2303) before any meaningful upward move

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That doji is sitting on Aki's lower band and so it's all bulls. Meanwhile, don't you think we might have just seen the low of the day at 2401?

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No helping hand from the bearish spinner on H1

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In the midst of adversity, the bulls have captured the M5 average (2418)! Let's see whether they can sustain it

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Yes, the bullish reverse hanging man at the hourly close is the clincher. The bulls might yet surprise everybody today

Cable Update (GBPUSD)

H1 has closed with a bullish hammer that was short of the H1 average (2442). In effect, PA is yet to close above the H1 average so far today. That is not good news for the bulls. However, that last hourly candle is indicating that PA shall get back ...

Cable Update (GBPUSD)