eur/usd hourly chart — The hourly chart clearly shows the sideways movement I described earlier, as the week came to a close and the pair remained bid around the 1.4120/1.4150 price level. Very tight range but trading slightly below the yellow ...

Forex Market Sentiment

4 moms. I dont know where dad went.

Cable Update (GBPUSD)

shhhhhhh. Dont be passin' no secrets.... We got a little Asian session squeeze goin' on for now. I am not feeling any reversal in sentiment as yet. eastern europeans started this run. will they bail, or continue?

Cable Update (GBPUSD)

I am happy for you, Nav.

Cable Update (GBPUSD)

Strong market sentiment today. The red 200 sma on the sma was hit. Price peeked above the aqua 61 fib. I am flat this pair after taking profits. eur/usd is outa control.

Cable Update (GBPUSD)

The weekly chart for gbp/usd shows a hammer candle. We have no wick on top, signifying that longs are holding their positions over the weekend. We see that the candle closed above the aqua colored 50 fib. The 14 candle mom and 10 candle mom are ...

Cable Update (GBPUSD)

I zoomed in on the chart to see the wedge formation, and the momentum indicators all agreeing up. The current monthly candle is an inside bar at this point with another week to go until it closes. Risk Appetite Sentiment will break through the ...

Cable Update (GBPUSD)

The monthly chart for gbp/usd shows a 4 year downtrend from the all time high at 2.1143 (Nov 2007) to the present. We see a low formed at 1.3500 (Jan 2009) with a correction upward that failed below the white 50 fib at 1.7041 (Jan 2009) , where it ...

Cable Update (GBPUSD)

They are simple moving averages set to the close, except for the 5 sma open (orange red), 5 sma low (white), and 5ma high (white). 5 sma close = yellow 14 sma =blue 22 sma =green 55 sma = brown 100 sma = aqua 200 sma = red 300 sma = pink 400 sma = ...

Cable Update (GBPUSD)

I am not seeing any profit taking into the London close.

Cable Update (GBPUSD)

usd/jpy got hammered today.

Cable Update (GBPUSD)

i am seeing buying early on, i got stopped out on my short for gbp/usd. i would assume that a sell off may occur near closing time, taking risk off for the weekend.

Cable Update (GBPUSD)

I am seeing seeing strong risk appetite for now.

Cable Update (GBPUSD)

my strategy for the next few days for gbp/usd: sell 1.5820/1.5850 tp 1.5720 buy 1.5710/1.5650 tp 1.5770 stay away from entries in the middle of range.

Cable Update (GBPUSD)

Good morning all. Wow currencies are quite volatile today. Choppy. Sentiment is all over the place.

Cable Update (GBPUSD)

notice how Cable respected the brown 55 sma. She survived the re-test and broke back down. i added another position.

Cable Update (GBPUSD)

Now Cable will re-test that 50 fib. Break outs usually re-test that former support now turned resistance.

Cable Update (GBPUSD)

Risk Aversion strategy = short the yen pairs. sell aud and cad.

Cable Update (GBPUSD)

now we see the breakout. sell pull backs on risk acersion sentiment.

Cable Update (GBPUSD)