All eyes are on the interest rate announcemeent today. As soon as that is over, assuming no major changes, we could see the resumption of moves to the targets. The EURJPY is well structured to make the move to our target of...
Read MoreEURUSD: We’re very suspect that there’s been a No Touch option play @ 1.4020. Hence, price moved very near that level and the option holder was probably a large bank, and move strongly away. IF price moves back down...
Read MoreAs expected the EU broke the bear flag and had a nice move overnight. We got it all, so very happy. Near term we are looking for a possible bounce at the doble bottom ( 1.4029) or at the HSI Target of 1.3971 ( S6). There is...
Read MoreSTSP COMMENTARY: LONG TERM FORECAST FOR THE GBPUSD Forecasting currency movements longer term can be a dangerous (and potentially embarrassing) undertaking. Get the numbers right and you’re a hero and looked upon as a...
Read MoreEURUSD: Since the Asian Monday open, the Euro made a run up near 1.42 where it’s retreated below 1.4150, below an hourly surge candle initiated @ the same level, and is now up against a single line trend line on the...
Read MoreEURUSD, USDJPY, EURJPY -I do these three currency pairs because they represent a cross section of the market as a whole – all matching up to possible opportunities on Wild Card, 6 Aces and Royal Flushes (Trending and...
Read MoreUCAD has broken the DAy chart trend and moved a full 60 pips above. We should have a pullback – the question is how deep? It is Friday so they may just square up and do it now back to the Trendline or go ahead and take out...
Read MoreShould continue to see follow through to at least this area and maybe to the R4 @ 92.64. WE have the .500 fibo and a resistance at...
Read MoreThere was “talk” earlier this week that the Yen would fall to 90.00 before making any appreciable recovery. And while price did fall to 90.31, this level of support came up short of 90.00, and should be consider as a...
Read MoreThere was “talk” earlier this week that the Yen would fall to 90.00 before making any appreciable recovery. And while price did fall to 90.31, this level of support came up short of 90.00, and should be consider as a...
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