Here is the cable chart to update my last post. $GBPUSD forced through the resistance level, pulled back, and headed higher. It reacted at the problematic level, and the next Long target will be around 1.6040 if it decided to go further. Let’s see how it goes. Here is the …. CHART!
Support Resistance
$GBPUSD 25 January 2012
Here is the chart of cable with the levels I am watching. For the time being, I am looking at potential short near the level.
$AUDUSD 01 December 2011
Decision, Decision. $AUDUSD made its way to 1.03 at the last trading day of November. Looking at the chart, we are now at the decision point. No, I am not calling a short like a mad cow now. Let’s see how it goes. Here is the….. CHART!!!
$EURUSD : Speculative long maybe?
I was thinking about shorting EURUSD yesterday at 1.3 level, and in fact, I did. I closed the position with some small gain. Had another look at EURUSD, We have a pennant formed at the top, broke out, and now we are back to the back of the trend line. Now it got me interested […]
