GetBusy88

GetBusy88

- USD looks good here. - If 1350 break and close, you get 1380 real quick. - Daily close below iCloud should see a bit morrr selling...

GetBusy88

- Oversold on the 4H chart - Any close below 1260 looks super bearish...

GetBusy88

- Coming up against Kijun Sen line(98.57), cloud top (98.65), and 50% fib (98.74) of the move lower from the 22nd of May to the 13th of June. - Bounced off 200DMA creating a lower high.

GetBusy88

- MACD neutral on daily. - 0.9527 was the September "No Taper" impulse high.

GetBusy88

- ANY BREAK AND HOLD ABOVE 1.36 ON H4 CHART IS BOOLISH...

GetBusy88

- NEGATIVE MACD CROSS ON DAILY. - RBA NEXT TUESDAY. COULD HAVE DOVISH TONE DUE TO NO TAPER/DETERIORATION IN AUD BUDGET SITUATION.

GetBusy88

- Buy any break and close on the daily above 1.6161...... or any pull back between 1.6080 - 1.6100 if you don't want to wait for confirmation. - Diverging monetary policy, BoE neutral, FED dovish. - UK data continues to improve. - In the last quarter GBPUSD has rallied 6% - Any break and hold below 1.60 on the daily is bearish.

GetBusy88

Targets 104...

GetBusy88

ZOOM OUT AND LOOK AT WHERE THE RED LINES ARE COMING FROM. SOLID RED LINE IS 15/4 IMPULSE LOW. DASHED RED LINE IS 0.236 RETRACE OF WHOLE DOWN MOVE. COULD GO EITHER WAY WITH REVERSE H&S SETUP THERE IF WE MOVE ABOVE THIS LEVEL.

GetBusy88

*DISCLAIMER: THIS DAILY CANDLE HASNT ACTUALLY PRINTED YET, COULD WAIT TILL TOMO FOR FULL CONFIRMATION. FED'S BULLARD SPEAKING LATER. PS. TAKE A LOOK AT SPOT GOLD, IS AT IMPORTANT LEVEL.

GetBusy88

*DISCLAIMER: THIS DAILY CANDLE HASNT ACTUALLY PRINTED YET, COULD WAIT TILL TOMO FOR FULL CONFIRMATION. FED'S BULLARD SPEAKING LATER. PS. TAKE A LOOK AT SPOT GOLD, IS AT IMPORTANT LEVEL.

GetBusy88

FLAT CLOUD SUPPORT UPTREND GOING BACK TO 2011 ANY FAILURE OF LOWER CLOUD SEES 78 REAL QUICK.

GetBusy88

COULD GET STUCK IN 96-97 RANGE SETTING UP FOR USD STRENGTH.

GetBusy88

LOOKS LIKE ALL EYES ON USD. BOE MINUTES ON WEDNESDAY, EXPECTED TO BE THREE VOTES WHEN THERE IS USUALLY ONE. WILL BE VOLATILE. UK UNEMPLOYMENT COULD SURPRISE AND GIVE GBP MORE FUEL. ANY BREAKOUT COULD RIP.

GetBusy88

COULD SEE MORE USD STRENGTH BIG GDP PRINTS ON WEDNESDAY, WOULDN'T HAVE ANY EUR POSITIONS INTO THAT. EZ EXPECTED TO START TO RECOVER.

GetBusy88

CORRECTION: 1.31 FRENCH AND GERMAN GDP WEDNESDAY. PLAY ACCORDINGLY.

GetBusy88

COULD SEE CONSOLIDATION SIDEWAYS SELLERS SHOW UP AROUND 1.3440 DXY COMING BACK INTO PLAY WITH US DATA THIS WEEK AND FED'S BULLARD ON THURSDAY.

GetBusy88

IF YOUR JUST GETTING SHORT NOW, WATCH OUT! POSS BOUNCE, BUT UNLIKELY. BREAK OF CHANNEL TO THE DOWNSIDE ACCELERATES THE MOVE LOWER. REASON BEHIND THE CURRENT JPY STRENGTH IS THAT JAPAN PLANS TO CUT THE PRIMARY DEFICIT, TO STOP POTENTIALLY FATAL SPIKE IN JGB YIELDS. STUDY: the-japan-news.com LOOKING FORWARD, BOJ DISAPPOINTMENT TOMO COULD SEND IT LOWER.