GBPUSD chart 27.11.2013 GBP closed above 2012 HGH TODAY!!!
We have a serious reports tomorrow. 5:30am BOE Gov Carney Speaks. And we expect good volatility on GBP.
We have reverse up with break out with penetrating and crossing Pivot Zone today. Some later we got a lot of sellers with a smaller volume than the breakout volume. It looks like we will get a continuation of the move up, but if it will not happen we will change our mind. Meantime EURUSD looks buyable.
GBPUSD today 29.11.2013
A down established on 10 min opening range chart, stops reached, then the prices goes to breakout again. Narrow Pivot zone looks like a support at this moment. If the armor will be enough and GBP won't fall? We don't care, A down established. Our sentiment is bearish.
Euro is going down today. The 1st day of this week. We get a great move on USD.
A down was established with penetrating of the narrow Pivot Zone at 3:40-3:50 EST and the price crossed 3 day Rolling Pivot Zone as you can see on the chart.
No retracement, a little pause on the low board of the statistically expected daily range and we have the continuation of the trend down. Is it a technical correction or a trend reversal?
Our Bias is bearish. Meantime, every retracement up is for selling this pair at this moment.
GBP USD. We will try to sell 1.6415.
If you trade Forex: Stops must be above 1.6440.
If you trade binary options: Buy PUT on 15-30 min options with 80-85% payout.
5 trades on 30 minutes binary option GBPUSD were done today. Here are the decisions and results. 2 lost, 3 profitable.
1290 Euro profit.
With analyzing of our trades we can find that the real move started at 8:30 with the beginning of Commodity market in the US.
We continue to sell GBP USD. The move down is just starting.
There was a very interesting day at the EURUSD pair yesterday on December 9th. It was Monday, the beginning of the week, the dollar continued to trend down, and now bursts with panic closing positions. Especially in the last half hour with the opening session at the U.S. Market.
Anyway, we are very careful with the continuation of the trend in the Euro up. In the meantime, do not argue with the trend. The trend is your friend, have you heard?
On the chart you can see the signal call yesterday, the so-called A Up to Mark Fisher.
I just want to offer you some charts from 18.12.2013. They represent the situation that was in some main currencies pairs into the session of European markets.
EURUSD
You can see many signals of ACD system, and we see many reached stops on these charts. The price is acting as in tops and bottoms. It may tell us about changing of the trend in the market, or about temporary observing of current price levels.
I just want to remind that the ACD system is working on the trend market well. On a range market there are more stops than usual.
At this moment we are after Huge volatility on the market that came after Bernanke's speech. Let's continue to follow, it will be interesting. In my opinion after analyzing of the charts USDCHF may be very interesting to try to go long, USD CAD will be probably in continuing its slow up trend. May be we will see more momentum to it that will push the upper price.
And of course, the main stuff EURUSD. Meantime the price dropped to 1.36982 lower the spike that was within Bernanke's speech. You can see it on the last chart.
Since the beginning of the New Year began with the fall of the Euro against his opponent from overseas an American dollar. You can see a distinct signal on the chart, which the ACD system called as A down. You can also see the stops of the big players who are in this position at the moment and is likely to tighten the noose around those who were locked in their positions. Continued downward movement may be in for a few days , since the pink area on the chart - this 3-day rolling pivot zone, and on top of which the stops are. Each upward movement of a pair - a great opportunity to sell the Euro against the dollar. A few days later, this signal can no longer work.
Plan for the next few days to sell the euro on binary options EUR / USD with a return of 80-85 %.
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The same signal appears on USDCHF, but to go long and it called A Up.
Check the chart below. The probability of up trend continuation is high for the short term and it takes the great opportunity to make money.
We just need to use binary options USDCHF with a return of 80-85% payout.
Euro falls against US dollar. As we talked before few days, the great opportunity to make money. Create an account, get your bonus and start to make money at Pitoption.com
You can see the C Down on the chart, that represents a trend continuation on EUR/USD. It comes from the combination of News from the USA Unemployment Claims and ECB Press Conference.