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Clouds replied May 6, 2008Dollar Index support at 73 breaking!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
Right, even if it is a bull (or not) it will move up and down most often. If you look at the daily chart, you will see anything is possible.
USDCHF moving up for 2.5 weeks?
- Clouds replied May 6, 2008
1.06 is not a peak. It was at 1.27 just a few months ago. You think it should just shoot up to 1.50 like that? It takes a week for a pair to change 1 penny in price. That is normal.
USDCHF moving up for 2.5 weeks?
- Clouds replied May 6, 2008
My broker trade desk says inter bank players are trying to fade the cable's move. Covering 1.9720. The way i see it, if gbp/jpy goes down, then eur/usd goes up. and vise versa. So they are supporting a lower euro, higher pound. let's see which banks ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
As long as it bounce off the Weekly SMA, downtrend is intact.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
By the end of the day, it's either going to end up above what it is now. Or below. My charts tell me there its one or the other.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
Will good or bad news be good for this pair, for the PMI out in 10 minutes.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
Short the EUro, everyone else is doing it! LOL
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
If you trust GBP/CHF to lead the way, it appears more going up then anything else.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Clouds replied May 6, 2008
I see UK PMI deciding it in an hour. If it's not already decided.
Auslanco - GBP/JPY and GBP/USD (newstrade)
Hey- Clouds replied May 6, 2008
Do you have SMA on your charts? Look at 4 HR, see how it bounces up off it? It's just now touching it again.
EURUSD