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- Wharfe replied Mar 25, 2015
If this break of 1.1 holds it's going to be like a rocket, lot of pressure being built up at the mo.
- Wharfe replied Jan 9, 2015
Looks like it will not continue dropping into this session, I've taken a little long from 1.1775 at BE now. Next week the big boys are back in town, so could get scary..... I doubt i'll hold it during the weekend.
- Wharfe replied Jan 9, 2015
Lol, only pointing out the intra day moves, 60 pips up in short time. But daily is starting to form an interesting candle pattern on cable. But I'm not doing much until Monday after NFP dust settles.
- Wharfe replied Jan 9, 2015
Cable soaring, probably going to drag EU with it EDIT: I think Cable has been oversold as the UK is not in as bad a state as Europe, but lost more pips over the holidays
- Wharfe replied Jan 9, 2015
Probably ranging 20-30 pips until NFP, would not be surprised to see us sitting exactly where we are at 13:30 GMT
- Wharfe replied Jan 8, 2015
There we go, Cable also popped 1.51 at the same time. Lets see if they both manage to hold above. A pin bar puts a lot of upward force if NFP does not hit the target. Not saying it will go up, the news will decide that.
- Wharfe replied Jan 8, 2015
It looks very determined to get back above 1.18. If it does I'd expect it to be around todays open by the end of the day, that's an interesting daily candle prior to NFP.
- Wharfe replied Jan 8, 2015
Draghi's letter that caused the little spike down, not anything new but hit some headlines url
- Wharfe replied Jan 8, 2015
Interesting that EUR is not following GBP's slide, EG is soaring today. Probably needs something big to push EU down past 1.18. Or just leave it to Asia low liquidity time.
- Wharfe replied Jan 8, 2015
Bad German news to start the day, I was kind of expecting a pre NFP rally, but I guess with EUR there is only one direction
- Wharfe replied Jan 6, 2015
Good guess, might push it towards a test of 1.1975 now.
- Wharfe replied Jan 6, 2015
Slight drop in US PMI, no move in EUR. The ISM will be the trigger for direction. USD Markit US Composite PMI (DEC F): 53.3 actual, 53.8 prior.
- Wharfe replied Jan 6, 2015
[quote=elbert3;7975510] Ouch, big drop
- Wharfe replied Jan 6, 2015
Pretty mixed bag overall for EUR and the Euro PMI was down, let's watch and see
- Wharfe replied Jan 6, 2015
It's FOMC minutes tomorrow, and tbh I have a feeling they will not benefit the USD that much more than the statement in Dec already did. But the EUR CPI tomorrow will be the big mover I reckon.
- Wharfe replied Jan 6, 2015
All about the big 3 PMI's, Italy down French up so far lets see what Germany does EDIT: Germany up as well
- Wharfe replied Jan 5, 2015
FYI Comments from San Francisco Fed President Williams: Doesn’t rule out tightening later in 2015 Fed to be data-dependent on pace after liftoff Slack is disappearing from US economy Divergent Fed, ECB, BOJ policies to cause turbulence He’s not ...
- Wharfe replied Jan 5, 2015
I very much doubt it will happen, but a correction to the 23.6 fibo on daily is around 1.2360. If hit hits there around the 20th then that's an almost perfect short setup prior to Greek election/ECB. Most likely it'll just keep dropping and then do ...
- Wharfe replied Jan 5, 2015
No worries, and I'm not stating any opinion on the direction, as fxtyrant says the higher TF's show the trend. But I'm waiting on the FOMC minutes on Wednesday to see where this is heading short term. I'm worried on any trade with the way this ...