yes, the thing im looking at is the fact were at multimonth historical highs on cable... a test of 2.00 is possible.. but dont throw the dollar down the toilet just yet, at the first sign of strenght this thing is gonna turn hard.
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Quoting enoc2gDislikedyes, the thing im looking at is the fact were at multimonth historical highs on cable... a test of 2.00 is possible.. but dont throw the dollar down the toilet just yet, at the first sign of strenght this thing is gonna turn hard.Ignored
Quoting TattonDislikedRight now 1hr chrt eurusd and gdpusd are showing sell signal..
im holdin my longs but just an observationIgnored
Quoting dawnrenee2000Dislikedbut I entered too early and am sitting on a negative side of things right now.
I really think this is going to go bullish overall, but it's racking my nerves looking at it stay down for so long. I am simply trying not to watch too much...and hoping that it goes bullish soon.Ignored
Quoting dawnrenee2000DislikedMy question right now is;
How much can be expected on the upswing of things? Is it expected to climb back up to the .9800 range or to be stopped at the .9740 once again and drop?Ignored
Quoting baggermatschDislikedim holding also my longs, fist tp 1.99 second tp 2.0030. but my emotions are shaky.Ignored
Quoting venomdesignsUKDislikedI am expecting cable to decline to 1.9685 then another upside to atleast 1.9740.........i have gone short for the moment. T.p 1.9690
what do you guys think?Ignored
Quoting venomdesignsUKDislikedI am expecting cable to decline to 1.9685 then another upside to atleast 1.9740.........i have gone short for the moment. T.p 1.9690
what do you guys think?Ignored
Quoting kenmaniaDislikedSometimes currencies move the same direction in spite of "overbought" or "oversold" conditions.
What does a stochastic know from "overbought" anyway? It's only algorithms and ticks measured on a screen. It can't provide analysis for why the currency is behaving the way it is...it just tells you that it is.
I'm not an expert, but I can almost guarantee that the money-movers aren't paying attention to such stats. They're buy or selling relative to the strength or weakness of the currency itself.
There are very good reasons why the dollar is trending downward. It would be sage to focus on why that's happening rather than technical indicators in this situation.
Just my opinion.Ignored
Quoting afemi94ceDislikedDid anyone notice that this current dollar dive took place right after the most recent meeting of the world's top central banks a couple of weeks ago? The meeting out of which NO NEWS ever comes?
China put the spook into everyone and now it's all panic time and the death of the dollar. I do believe, to parahrase Mark Twain, the reports of its death are greatly exaggerated.
Someone is being taught a lesson. We speculators are just the beneficiaries of it.
AFFIgnored