I think the pair will reach at least 1.2100, perhaps even break below that level. I am still keeping my short position open.

Cable Update (GBPUSD)

The pair broke below 1.2200 again, I think next target is around 1.2140, maybe even 1.2100.

Cable Update (GBPUSD)

The sideways consolidation of USD/CAD continues even though the pair has formed a spinning top on the daily time frame below 1.3380. I still expect a move to the downside.

USD/CAD

The pair formed a great shooting star bar on the daily time frame after it reached the resistance at 1.3400 yesterday. It might be still bullish for the moment, but I think we will see a move to the downside soon.

USD/CAD

USD/CAD is testing 1.3360. I think that if it breaks out above that level next target will be 1.3400.

USD/CAD

USD/CAD reached the support at 1.3000 and rebounded from that level after forming a pair of hammer bars on the daily time frame. I think that next target is 1.3280 - 1.3300.

USD/CAD

The pair rebounded from 1.3050, but it is almost back to testing that support again. However, I won't be opening any more short positions on this pair before it breaks below 1.3050.

USD/CAD

The pair is quite bearish at the moment although it is still testing 103.20. I think that if it breaks out below that support it will continue dropping towards 103.00.

USD/JPY Discussion

I too have a short position, but my target is 1.3000. If it breaks out below that level I will consider opening more shorts.

USD/CAD

The pair has been consolidating sideways above 1.2150 for a while now, and it has formed several spinning top bars on the four-hour time frame, so there might be some retracement in the near future, so I too am considering opening short-term longs.

Cable Update (GBPUSD)

USD/CAD rebounded from 1.3184 after forming a spinning top and a inverted hammer bar at that support. Right now the pair is testing the resistance at 1.3205 and I think that if it breaks out above that level it will reach the next resistance at ...

USD/CAD

That is true. On the other hand, after what happened last week people will probably be more wary of opening longs on this pair.

Cable Update (GBPUSD)

It rebounded from 1.2100 but even that was just temporary. The pair is slowly dropping back towards that support. I think eventually we'll see it reach 1.2000.

Cable Update (GBPUSD)

I too think it will break below 1.2200, but how much lower can it fall without any kind of proper retracement?

Cable Update (GBPUSD)

I have a long position on Gold, it has formed a doji bar on the daily time frame above the support at 1250 and I think it will rebound.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I think it will continue dropping at least until it reaches 102.60 - 105.50 before there's a rebound.

USD/JPY Discussion

I don't think that this pair will stop dropping before it reaches 1.2600, if it stops there at all.

Cable Update (GBPUSD)

Considering the two hammer bars on the daily time frame above the support at 1.3060, I think we will see a move to the upside towards 1.3250 for now.

USD/CAD

It's too early to tell whether it will reach 1.2600, but I think that considering that the pair broke below the previous low at 1.2788 and it's still very bearish we'll see it reach 1.2700 soon.

Cable Update (GBPUSD)

The pair is clearly very bearish, I have a short with target 1.2790.

Cable Update (GBPUSD)