Usd/CHF — Two channels (forming a triangle in the middle) which way will it go?

GBP/CHF and USD/CHF

Eur / Gbp — EUR/GBP is currently in a traditional triangle(Daily chart) and testing the 0.8650 level. If it breaks above, then its goodbye triangle and welcome (0.8850). Otherwise, its back in the triangle to test the lower level.

EUR/GBP - What a great pair to trade!

I'm thinking around 81.00 cos thats around M1.

USD/JPY Discussion

Good one!!! I'm proud of you..

USD/JPY Discussion

Wise Man, wise decision. I'm in an a very short term short trade. Open: 82.70 Take Profit: 82.25 Stop Loss: 82.90 Usd markets will soon be closing and some daily traders would be taking their profits...

USD/JPY Discussion

USD/JPY Daily R3 is at 84.25. With this momentum, do you think its a possibility?

USD/JPY Discussion

Can you see the gap?? 1 hr USD/JPY?

USD/JPY Discussion

[DLR/YEN] rose to 81.88 from 81.55 around fixing this morning on actual Dlr shortage, then dipped back to 81.56 on exporters' and investors' sales, and is doing tight range trade till now. 82.00 heaviness remains unchanged as banks report decent ...

USD/JPY Discussion

Aha, some News from Japan!! A Nikkei article saying that the MOF was planning to allow the BOJ to trim its contributions to the national treasury!! BOJ and its 5trn asset ...... "A Nikkei article saying that the MOF was planning to allow the BOJ to ...

USD/JPY Discussion

Lol. You think so? Whats your say about the current bias of the market trend (bullish or bearish). Price seems to be rejected at 81.97 so far.

USD/JPY Discussion

Well Put!! I couldn't have put it any better. It seems to be rejected by the 81.97 level again? Seems like the same trend from 26th October is about to repeat. What do you think?

USD/JPY Discussion

R3 (81.97) seems to be rejecting it for now. Is this a possible reversal? Anyone get news of what's happening with USD yet?

USD/JPY Discussion

USD/JPY has broken 4 daily pivot levels(S2, S1, PP, R1, R2) and is currently at the 5th one(R3). If it breaks R3, do you think it will still have weight for S2 levels. This one seems a tough call, seeing that something shady is going on.

USD/JPY Discussion

Something definitely happened, we'll probably get the news later. This kind of move can not be facilitated by just Technical!!!

USD/JPY Discussion

Did anyone see the AUD/USD bounce off the R2 Resistance line so neatly on the 1hr chart. Any comments?

AUD/USD

Lol. So True!!!

USD/JPY Discussion

UJ is currently on S1, this is just my opinion, but I think it will bounce off S1 the 80.80 level before continuing on its downwards journey. The reason I say this is US market opens in a few mins and London markets close in a bit. A few traders ...

USD/JPY Discussion

I think 80.30 and possibly 80.10 will be the psychological resistance levels. If those get broken, nothing to stop it until 79.70.

USD/JPY Discussion

What you say makes a lot of sense, but the problem is not that people are buying the yen right now (thats not very wise), its that some big boys have held short trades on it since around 15th october when it hit 85.80 and wont let it go until it ...

USD/JPY Discussion

I've been thinking the same as well, I've even tried a very simple ABCD pattern on my 2 hour USD/JPY chart and (D) falls on around 79.80. Also the fact that AUD/USD has broken parity and maintained it successfully doesn't encourage an upwards move ...

USD/JPY Discussion