Very Very Nice Analyses !
Thanks!
Thanks!
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedNo doubt that it is at least going towards 112.56 to the least before possibly reversing and down towards 100.xx as this is wave 3 or c in weekly charts so we should see more down on this pair.
But short termm i am looking at 112.58 if it exceeds then gbp/jpy should go above 230Ignored
DislikedThis is going to be extrememly interesting:
Pros to the downside:
-55 Daily EMA and SMA may act as a key resistance level
-Stochastics are/have intersected and going downward
-Stochastics are overbaught
-Downside trendline resistance (October 15 and November 1 highs)
-Interest rate drop of 25bps. Decreases demand for USD, thus depreciates the USD
-Possible 112.00 Resistance
Pros to the Upside:
-Website stated below by bloomberg stating that the currency will move upwards
-Perfect order creation has been made on the 4hr charts (5, 10, 20, 50, and 100 EMA have fanned out to the upside)
This puts up a very interesting predicament. I have a long trade going on right now. But i'm thinking of exiting primarily due to the announcement. What do you guys think???Ignored
DislikedThis is going to be extrememly interesting:
Pros to the downside:
-55 Daily EMA and SMA may act as a key resistance level
-Stochastics are/have intersected and going downward
-Stochastics are overbaught
-Downside trendline resistance (October 15 and November 1 highs)
-Interest rate drop of 25bps. Decreases demand for USD, thus depreciates the USD
-Possible 112.00 Resistance
Pros to the Upside:
-Website stated below by bloomberg stating that the currency will move upwards
-Perfect order creation has been made on the 4hr charts (5, 10, 20, 50, and 100 EMA have fanned out to the upside)
This puts up a very interesting predicament. I have a long trade going on right now. But i'm thinking of exiting primarily due to the announcement. What do you guys think???Ignored