Morgan Stanley enters GBPUSD Short from 1.567, with a target at 1.53 and a stop at 1.576.

Cable Update (GBPUSD)

Pitchfork here

EURUSD

up trendline holds on, so I stay bullish as long as prices don't break it.

EUR/JPY

nope . Range continues... Possible break out upward.

EUR/JPY

Short ? Prices can go back down again but I expect a break out upward. The question is : do we have actually a break out or not ?

EUR/JPY

Climax ?

Geppy's Geppy Thread (GBP/JPY)

The strengh come from australia... Giant candle too on EUR/AUD. But I don't know why the aussie dollar is so strong.

AUD/JPY

Wow giant candle

AUD/JPY

It's more and more a pennant in my opinion, rather than a descending triangle. It seems to me that it will broken tomorrow.

AUD/JPY

I think we will come back on the daily support 101.30. and then long. Even if we have a descending triangle, I still looking to the upside since Japanese Recession. We'll have the answer within the end of the week.

AUD/JPY

Potential bottom here. Volatility is lesser and lesser on weekly chart. This pair is set for a huge uptrend if we break the downtrend line. Same structure on JPY currency pair which explains the big uptrend we currrently have.

EURUSD

I personally expect a bounce tomorrow. The uptrend can continue on december. 104.700 will be my target, but not sure to break it. Seems to be a strong resistance.

AUD/JPY

Is 126.00 the final top of ths wave ?

USD/JPY Discussion

Going higher is possible. But if we do, we will have another long entry, above the correction. It depends on what kind of a trader you are : swing trader, or day trader... For sure we stay in a strong uptrend in all JPY currency pairs, and to ...

Geppy's Geppy Thread (GBP/JPY)

Had the same entry. Nevertheless we stay in a correction at the moment, I don't expect to go higher than 183.20. 183.20 should be a good take profit and then let see if we go back down or break the correction in order to go higher.

Geppy's Geppy Thread (GBP/JPY)

All JPY currency pairs are in a strong uptrend at the moment and break resistance after resistance. The big jump we had last week hold on. So, in my opinion it was not an accident. Even if we had the first real correction on AUD/JPY, we are not set ...

AUD/JPY

Do I see a rising wedge ?

AUD/JPY

In order to go lower, we have to break the up trendline in my opinion. As long as this trendline is not broken we still can expect higher high.

GBP/JPY

Yes, we had to go at 172.60 for then falling, little higher than expected. url

GBP/JPY

We broke the range during asian session and now we came back on the bottom of it in order to continue to the downside. 10:30 news will help I think.

GBP/JPY