GBP/JPY, GBP/USD, and EUR/USD (technical analysis) | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/JPY, GBP/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

eur/usd, eur/jpy, usd/jpy average 0 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Attachments: GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
Exit Attachments

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

  • #641
  • Apr 20, 2011 8:35pm Apr 20, 2011 8:35pm
how long do you think this consolidation last?
i'm about to punch a hole in my monitor...[/quote]

...maybe few days till H4 built the Bullish wedge pattern. At the moment H1 already develop the formation. Now waiting for H4. Previous movement it took around 3 days.
  • #642
  • Apr 20, 2011 8:45pm Apr 20, 2011 8:45pm
Quoting PandoraBox
how long do you think this consolidation last?
i'm about to punch a hole in my monitor...
...maybe few days till H4 built the Bullish wedge pattern. At the moment H1 already develop the formation. Now waiting for H4. Previous movement it took around 3 days. [/quote]

  • #643
  • Apr 20, 2011 10:03pm Apr 20, 2011 10:03pm
The end of consolidation may be near. GU is right at the top of the multi week trendline of its expanding diagonal and UJ is sitting at its recent low. Then again, with Good Friday coming, maybe Euro and UK markets will be quiet until next week.
  • #644
  • Apr 20, 2011 10:09pm Apr 20, 2011 10:09pm
Quoting Mpt
The end of consolidation may be near. GU is right at the top of the multi week trendline of its expanding diagonal and UJ is sitting at its recent low. Then again, with Good Friday coming, maybe Euro and UK markets will be quiet until next week.
thanks mpt for pointing that out. that explains a lot. lol
i'm off to bed.
  • #645
  • Apr 20, 2011 10:11pm Apr 20, 2011 10:11pm
Quoting pkimnyc
thanks mpt for pointing that out. that explains a lot. lol
i'm off to bed.
Off to bed? Its lunch time.
  • #646
  • Apr 20, 2011 10:16pm Apr 20, 2011 10:16pm
Quoting Mpt
Off to bed? Its lunch time.
i don't see much movement. will peek in at london to see what's up.
  • #647
  • Apr 20, 2011 10:17pm Apr 20, 2011 10:17pm
Quoting pkimnyc
i don't see much movement. will peek in at london to see what's up.
Good night
  • #648
  • Apr 20, 2011 10:18pm Apr 20, 2011 10:18pm
Quoting Mpt
Good night
safe pipping. can't do anything right now as i'm trapped in the range. lol
  • #649
  • Apr 20, 2011 11:38pm Apr 20, 2011 11:38pm
in the next 1 to 4 hours i tihnk its going to break up north,and 135.33 should stay untest for later-

i see a nice nr4 fishhook-- ya inside supp sits @ 135.33 - remmeber this level for next week if it stay untest-- or add it up when we break and retest it -
Attached Image (click to enlarge)
Click to Enlarge Name: 68k.png Size: 64 KB
  • #650
  • Apr 21, 2011 12:03am Apr 21, 2011 12:03am
Quoting guc-17
in the next 1 to 4 hours i tihnk its going to break up north,and 135.33 should stay untest for later-

i see a nice nr4 fishhook-- ya inside supp sits @ 135.33 - remmeber this level for next week if it stay untest-- or add it up when we break and retest it -
hope so, i would be in much more comfortable position than right now.
but being we are close to good friday... i'm questioning if we are going to have enough volume to push it to the north.
  • #651
  • Apr 21, 2011 12:09am Apr 21, 2011 12:09am
When does the G-7 convene?

Quoting SannaCBranno
Bloomberg:
Japan's Noda Says He Will Call for Continued Currency Cooperation at G-7
  • #652
  • Apr 21, 2011 12:12am Apr 21, 2011 12:12am
if we decide to break up north and not going to visit 131.00 -- then its some sort of a MUST to took out prev high @ 146.00 (weekly) or equal it - so i dont see low's lower as this low BEFORE we visit 146..

the tricky part will come after we visit 147.50 -- we have only 2 levels then to focus on -- 139.40 or 131.00 ? wich one ?

131.00 is an untest key supp --why is it untest ? to come back later and form a huge right shoulder on weekly ? or will we have a shallow right shoulder @ 139.40 ? ---

i do see only 139.40 as support after we break it - BUT ..... 131.00 is still down there

maybe we drop right now to 131.00 then we dont have to worry later about it --below 134.64 it can then go both ways -max low should be then 131.00 ---above 135.33 i dont see we turning back -

im flexible-

its looooong weekend ! !
  • #653
  • Apr 21, 2011 12:18am Apr 21, 2011 12:18am
Quoting SannaCBranno
When does the G-7 convene?
no clue.
  • #654
  • Apr 21, 2011 12:19am Apr 21, 2011 12:19am
Quoting guc-17
if we decide to break up north and not going to visit 131.00 -- then its some sort of a MUST to took out prev high @ 146.00 (weekly) or equal it - so i dont see low's lower as this low BEFORE we visit 146..

the tricky part will come after we visit 147.50 -- we have only 2 levels then to focus on -- 139.40 or 131.00 ? wich one ?

131.00 is an untest key supp --why is it untest ? to come back later and form a huge right shoulder on weekly ? or will we have a shallow right shoulder @ 139.40 ? ---

i do see only 139.40 as support after we...
i'm loosing patience....
  • #655
  • Apr 21, 2011 12:23am Apr 21, 2011 12:23am
Quoting pkimnyc
i'm loosing patience....
then break something
  • #656
  • Apr 21, 2011 12:24am Apr 21, 2011 12:24am
Quoting Mpt
then break something
my last monitor...
  • #657
  • Apr 21, 2011 12:25am Apr 21, 2011 12:25am
Quoting pkimnyc
i'm loosing patience....
same here---here is blood all over in my office- i did catch a falling knife yesterday -
  • #658
  • Apr 21, 2011 12:27am Apr 21, 2011 12:27am
Quoting guc-17
same here---here is blood all over in my office- i did catch a falling knife yesterday -
lol. bb later.
  • #659
  • Apr 21, 2011 12:49am Apr 21, 2011 12:49am
131.00 is getting a reality here --the looks like it atm--

131.00 is a dead sure buy -last supp---in that case we wont come back to this 131.00 level ---

i add more @ 133.00 but closing it down now will pop back in if we break 135 OR wait for 131.00 if we going to test it ----

from 131.00 to 146 is the next bull phase -

im off-

later
Attached Image (click to enlarge)
Click to Enlarge Name: 8ui.jpg Size: 82 KB
  • #660
  • Apr 21, 2011 12:52am Apr 21, 2011 12:52am
Quoting guc-17
131.00 is getting a reality here --the looks like it atm--

131.00 is a dead sure buy -last supp---in that case we wont come back to this 131.00 level ---

i add more @ 133.00 but closing it down now will pop back in if we break 135 OR wait for 131.00 if we going to test it ----

from 131.00 to 146 is the next bull phase -

im off-

later
agree. if 133 gives. mistake that i had made was once again (same mistake), underestimated downside pressure that was building from macd. making same mistake again.... what a shame...
4 traders viewing now