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Watching currency movement day to day

  • #1
  • First Post: Edited Feb 17, 2013 3:23am Feb 16, 2013 2:08am | Edited Feb 17, 2013 3:23am
purpose of making this thread to watch the movement of currency day to day
  • #2
  • Feb 16, 2013 2:18am Feb 16, 2013 2:18am
Movement currency GBP / USD
yesterday was oversold, may be GU can bullish for the next weeks
  • #3
  • Feb 16, 2013 3:59am Feb 16, 2013 3:59am
Quoting Fermy17
Movement currency GBP / USD
yesterday was oversold, may be GU can bullish for the next weeks
Well looking at the weekly chart, price has dropped into an area that has proved strong support in the past
Problem is that this support zone is about 300 pips deep.
It could well bounce from here, but we have no way of knowing
What do you base your idea that it is oversold on?
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  • #4
  • Feb 16, 2013 4:54am Feb 16, 2013 4:54am
Quoting Gumrai
Well looking at the weekly chart, price has dropped into an area that has proved strong support in the past
Problem is that this support zone is about 300 pips deep.
It could well bounce from here, but we have no way of knowing
What do you base your idea that it is oversold on?
Well, if you not agree with me about my posting. But my outlook price GU already over sold, although pressure bearish still strong
  • #5
  • Feb 16, 2013 5:14am Feb 16, 2013 5:14am
Quoting Fermy17
Well, if you not agree with me about my posting. But my outlook price GU already over sold, although pressure bearish still strong
I wasn't totally disagreeing with you. As I said price has entered a zone of strong support in the past.
I simply asked what your reasons are for thinking it oversold.
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  • #6
  • Feb 16, 2013 6:04am Feb 16, 2013 6:04am
Quoting Gumrai
I wasn't totally disagreeing with you. As I said price has entered a zone of strong support in the past.
I simply asked what your reasons are for thinking it oversold.
Yap, indeed the price GU already out for area oversold. in now position price GU, move to up. But pressure bearish still strong, ...
  • #7
  • Feb 16, 2013 9:12am Feb 16, 2013 9:12am
Quoting Fermy17
Yap, indeed the price GU already out for area oversold. in now position price GU, move to up. But pressure bearish still strong, ...
Kind of hard to be wrong when you say its oversold but bearish. Will be easy to come back later and say: see I was correct it went up/down.
  • #8
  • Feb 16, 2013 9:44pm Feb 16, 2013 9:44pm
Movement currency USD JPY
usd jpy currency pair moves very extreme to bullish, would be reversal bearish
  • #9
  • Feb 18, 2013 4:14am Feb 18, 2013 4:14am
USD JPY,
may be still continue up
GBP USD
may be still continue down
  • #10
  • Feb 18, 2013 4:17am Feb 18, 2013 4:17am
GU Drop to 1.5440
  • #11
  • Feb 18, 2013 4:21am Feb 18, 2013 4:21am
gold daily closed inside the box of s/r, weekly closed down... shorted first daily line above fridays close

failure to reject out of the box... bottom of box is reasonable target
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  • #12
  • Feb 18, 2013 4:29am Feb 18, 2013 4:29am
I don't understand what you are trying to achieve with this thread

USDJPY has been in consolidation for the last 2 weeks on the daily chart.
Weekly chart, trend is still bullish, but the larger upper wicks on the last 2 weekly candles, suggest that the bears are testing the market.
Best left well alone until a break-out of the consolidation range.
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  • #13
  • Feb 19, 2013 8:21pm Feb 19, 2013 8:21pm
Movement For Eur Usd (20 Feb 2013)
Go Up to 1.3450 or down 1.3400
watching and stay in your place
  • #14
  • Feb 20, 2013 7:03pm Feb 20, 2013 7:03pm
Movement For GBP USD (21 Feb 2013)
Go Up to 1.5400 or down 1.5200
watching and stay in your place
  • #15
  • Feb 22, 2013 6:52am Feb 22, 2013 6:52am
Today 22 Feb 2013

Eur Usd Up and down

Gbp Usd Up

Happy week end

All ...
  • #16
  • Feb 22, 2013 7:25am Feb 22, 2013 7:25am
Quoting Fermy17
Today 22 Feb 2013

Eur Usd Up and down


All ...
??????
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  • #17
  • Feb 22, 2013 8:29am Feb 22, 2013 8:29am
Great thread.
Some currencies move up and down, amazing.

LOL
Never laugh at anyone's dreams. "Dalai Lama"
  • #18
  • Feb 26, 2013 7:58am Feb 26, 2013 7:58am
GBP USD need up but slowly for bullish
  • #19
  • Mar 1, 2013 4:36am Mar 1, 2013 4:36am
may be eur usd can up later
  • #20
  • Mar 1, 2013 5:50am Mar 1, 2013 5:50am
EURUSD will close lower today, but if it doesn't, there is an extremely high probability that it will close higher.
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