Usd Payback Time On Jpy

Wednesday, March 10th, 2010

Usd/Jpy is trading in a corrective decline, shown as a black wave B/2, after our black wave A/1 hit its highs at the 90.76. zone. A Short correction is incomplete, and the market should make at least one more push lower into wave (c), once a current wave (b) finds…

Read more here: 
Usd Payback Time On Jpy

Cable Snapping Lower – A Technician’s Perspective

Wednesday, March 10th, 2010

Overall View: Looking for a near-term down-trend continuation. 4 Hour Chart Flows: Short. Price Points: 1.4783, and 1.5194 Looking for: Near-term bearish price action.

Read more here:
Cable Snapping Lower – A Technician’s Perspective

Gbp/Usd Overview and Outlook

Tuesday, March 9th, 2010

Daily price action is Oversold, into a Short trend (sell resistance set-up), and a very wide down-trend channel. The overall trend changes to Long if 1.5450 is taken out. Gbp Fundamentals are Poor

Read more here:
Gbp/Usd Overview and Outlook