AUD/USD does look good to sell on houriles but also on the daily chart. Ive posted a daily in the AUD/USD (Aussie pairs thread) with good old fibs

Cable Update (GBPUSD)

goodthings you spotted the pin alot earlier on the dailys! Here is my chart with fib levels. The supportline has been broken which is around the 23.6% fib next target 38.2% fib?

Aussie Pairs

1.9650 has hit all my trade targets reached yay! all shorts now closed 50% fib has worked, question is more downside or now some consolidation around this fib? Will watch price action round here. next fib = 61.8% and is approx 1.9550 area, other ...

Cable Update (GBPUSD)

As Hannibal would say 'I love it when a plan comes together!'

Daily GBP/JPY analysis

1.9676 was the previous low since 18th April retrace, looking to break this next

Cable Update (GBPUSD)

GBPUSD now in 1.96** area - a 50 % retrace in GU is around 1.9655 I think hold off on longs for time being and see what happens around this fib level in GBP/JPY and GBP/USD

Daily GBP/JPY analysis

Price has hit that fib I mentioned - Long entry at 237.80 - 238 area possibly?

Daily GBP/JPY analysis

Cool price has dropped nicely - GBP/JPY has plummeted again!

Cable Update (GBPUSD)

If 1.9731 doesnt hold more South advances on the cards into 1.96** I think. A good target will be 1.9655 IMO 50 % Fib retrace as seen in daily graph Price action and my techincals also look South

Cable Update (GBPUSD)

my sell entries will be at those fibs, small retrace to load sells on

Cable Update (GBPUSD)

I too will try a long at 239.37 1st target 239.80 2nd 240.40 then tomorrow more South movement probably

Daily GBP/JPY analysis

So to summarise if we go though 1.9731 then it is probably good to target lower levels Here are some fibs from start of March on daily chart we have had move up followed by a retrace. 61.8% is approx 1.9550 which would fit in nicely with Igroks and ...

Cable Update (GBPUSD)

Out of interest here is USD/JPY daily chart with fib levels 120.50 NEXT? Now im new in trying to look at price action but todays daily bar is very bearish. ie encompasses yesterdays bar with a higher high and a lower low so far. Looking on the ...

Daily GBP/JPY analysis

Heres a daily chart with fibs from last move up from start of March. Could 237.80 be next target? 23.6% retrace. Is there much in the way now of stopping it considering 10 year note over 5%, dow, S&P being sold off. I dont normally trade this pair ...

Daily GBP/JPY analysis

1.9785 has hit those fib levels have worked again! next levels could well be 1.9750 and then 1.9731 if 1.9780 doesnt hold this South advance

Cable Update (GBPUSD)

A major investment name came out yesterday calling for a 14% drop in equities. 10 year is trading above 5% and the equity community is now decidedly nervous about stock prices. Pick ur poison, but this news should spell lower crosses and lower high ...

Daily GBP/JPY analysis

Ive been experimeting with fibs and am surprised at how good they are in helping make a decision 1st chart is the downtrend from 18th April (4 hour chart) with a retrace that went bang on to 61.8% - next target here could be approx 1.9785 ...

Cable Update (GBPUSD)

Im waiting just now until after BOE rate announcement in 15 mins (Ive just ckosed shorts) If you short now and BOE surprise us you will take a hit.

Cable Update (GBPUSD)

The way I see it is if BOE keep interest rates on hold at 5.5% we will see a bearish move as I think the major reason we are at 1.99 currently is some people speculating on a rate hike of 25 base points today. If we do see a surprise rate hike of 25 ...

Cable Update (GBPUSD)

and me

Cable Update (GBPUSD)