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- 165 Results (164 Replies, 1 Comments)
- taciho replied Sep 4, 2017
In my experience, markets tend to move back up to fill the gap on days where US banks are closed, I would even say that GBPJPY looks ready for a big move up to 143-144 after fridays market reaction on the news.
- taciho replied Aug 31, 2017
This drop is not over yet for GBPJPY, GBP in general still has more downside coming these days. Last day of the month often provides liquidity, this mornings turn already shows that there is room for more. Expecting the downtrend to continue, which ...
- taciho replied Aug 16, 2017
The GBP data is really good and I mean really good. The wage growth is one of the most important pillars on consumer confidence growth and spending increases. This beat makes things a lot easier and I won't be suprised to see more upside in GBP ...
- taciho replied Aug 14, 2017
Both GBPUSD and GBPJPY not a single positive candle since London open on 15M, don't try to catch this falling knife.
- taciho replied Aug 11, 2017
Yen could lose value the next few hours. People fleeing from yen due to North Korea tensions escalating and not being able to sell yen during the weekend makes them likely to close their shorts on gbpjpy eurjpy usdjpy etc..
- taciho replied Aug 11, 2017
Nervous Stock Market this week, there is pressure on GBP as it is an unstable currency in these times and will be sold when markets tank. Carefully following EURGBP today to see if Euro takes the lead over GBP. Upside severely limited if markets ...
- taciho replied Aug 10, 2017
I think the yen is becoming to strong, but I would not suggest people to go long GBPJPY, but going long EURJPY instead. The EURGBP rise will probably continue and the focus on yen momentum has shifted from the EU/Brexit talks to the North Korea ...
- taciho replied Aug 8, 2017
This pair was just waiting to pop down, just take a look at USDJPY 4 hour, all down candles and no sign of recovery, classic example of not trying to catch a falling knife
- taciho replied Aug 2, 2017
Yes I am getting more and more frustrated with this summer trading. Big spikes, no time to close it and when you get back it rectraced 110%, it's a joke this market and I am thinking about taking a summer break after this week, because this market ...
- taciho replied Aug 2, 2017
EURGBP finally broke out of the channel, this will put downward pressure on GBP for the rest of the day probably, lets see if it can break 0.90 EURJPY almost setting new highs while GBPJPY still way lower.
- taciho replied Aug 1, 2017
The rectraces yesterday were based on no news, this move has some fundamental power behind it and is more likely to rectrace small and continue up.
- taciho replied Aug 1, 2017
GBPJPY and USDJPY both trending up hard, don't get burned by going short.
- taciho replied Aug 1, 2017
Well at least we know one big player is buying pound.
- taciho replied Jul 31, 2017
Pfff GBPJPY just keeps being pushed down, first the rise in EURGBP and now the drop in usdjpy, I wonder if it really has any momentum at all, we just have to wait and see what GBPUSD has for us these coming days.
- taciho replied Jul 31, 2017
Nice move up, I think this will be a nice ride of at least 100 pips, taking longs is advisable and don't try to short this dangerous move up.
- taciho replied Jul 31, 2017
The rectraces on GBP pairs are huge after a drop, they are either really chopping or they are trying to scare shorters out of their positions, before the big move down.
- taciho replied Jul 31, 2017
It will happen, I still expect EURGBP to hit parity before the year ends. This week can make or break a new downtrend and I think that the downside is heavily favoured.
- taciho replied Jul 28, 2017
EURGBP pops up and GBPUSD already going down taking GBPJPY with it, really predictable.
- taciho replied Jul 28, 2017
Still waiting for EURGBP to break out of the channel, after that anything is possible and I won't be surprised to see EURGBP hit parity the coming months. Downside for GBPJPY is possible to 136 and lower, the same as EURJPY is trading now. With ...
- taciho replied Jul 27, 2017
Looking really bearish indeed, still waiting for EURGBP to pop up, now sitting around the upper perimeters of the channel. After that GBPJPY will really start dropping.