After trying to be bullish on this pair for a while I think it seems the upside momentum is really fading. Gonna sit this move out and consider longs from a lower level

EURUSD

Look at that TL you're retesting right now. You can buy it for 50+ pips if you want, much better idea than short here.

AUD/USD

I'd wait a while. London maybe.

AUD/USD

Yeah but it needs to rise first before it can get a deathblow

AUD/USD

We've all been there man. Just stay ready for the next opportunity because its gonna come.

AUD/USD

Should make it to 887 relatively easily

AUD/USD

Doesn't always happen. Cable last week for example.

EURUSD

Should move up at least initially first. Then we see what happens at 36 area

EURUSD

Its been in a downtrend for like 10+ years, i respect your trading style though.

Cable Update (GBPUSD)

USDCHF is what tells the story most to me. That looks like a good short right now.

EURUSD

Saw resistance too but not the pattern. got 1 short already at 4895, see what we can do. also looking at intraday usdchf short as its at 61.8 back of drop

Cable Update (GBPUSD)

Impressive.

Geppy's Geppy Thread (GBP/JPY)

Im waiting for USDCHF to hit the 61.8 of recent drop. .9043, about 8 pips away

EURUSD

Yeah i was surprised it didnt move at all yesterday which lead me to believe it could make a new high today. New high still happens but maybe not until next week.

AUD/USD

Today its weak. but has been strong compared to USD. EURUSD still looks bullish to me but im not trading it at the moment. So EA looks better to me than AU.

AUD/USD

Looking at EURAUD long at this level to get away from USD news for a bit

AUD/USD

Cable is doing its share if fakeouts too but still looks bullish

EURUSD

USD Pending Home Sales (MoM) (DEC) (prior -0.3%) (survey -0.3%) ACTUAL: -8.7% Its choppy at this point but no data out of US has been positive aside from GDP, which seems like BS at this point.

EURUSD

Touche, either way you have it right though. we are at a crossroads

Geppy's Geppy Thread (GBP/JPY)

Looking at cable as a cross reference, i see it taking out the low.

Geppy's Geppy Thread (GBP/JPY)