gregpap

gregpap

After recent correction, the USd is going to resume its bullsih trend, best way to play it is long EU, short GU. Also I could risk to play long USDJPY as the pair has suffered due to the political risk in EU, so a reaction is possible. Stay tuned!

gregpap

Has just broken the up-warding trend-line, so we must see today if this is valid or prices will turn upwards again, if it happens it will be really fast, and I believe it will worth to risk it. The longer term trend is up, and this is a USD correction movement we are experiencing. So looking for opportunities to play it, either buy selling EURUSD, GBPUSD or buying USDJPY

gregpap

If this recent move is an impulsive wave then we are expecting a big move downwards IF the 1.0530 is broken.

gregpap

We try a long position here, just playing the reaction to the support...

gregpap

Despite recent correction, the fundamentals are there, techs are there, so we expect further upmove in the following days, slow but steady

gregpap

the 101 level is a big resistance, we expect a correction until further gains...

gregpap

Really on the verge of a big move, dont know where to, the odds could say to the upside as the prevailing trend is up, but you are never sure...

gregpap

Nothing happened yesterday to justify the move, so besides the technical correction there is no news to support the levels, so expect the correction to the previous lows to be quick...

gregpap

As major support line is breached, I would risk 25-30 pips to play the reaction for 40-50pips...

gregpap

Place a buy stop at 112.50, 1st target above 113, SL below daily low

gregpap

Volatility is expected to increase when the rate is gonna breakout, either direction. We favor the long trade as the daily,weekly charts are bullish...

gregpap

MArket opened with USD resuming strength, we sell here with 50-60 pips target. SL at 1.2530

gregpap

MArket opened with USD resuming strength, so would sell here with 50-60pips target. SL above 1.2520

gregpap

The rate seems unable to break recent highs, so it will break to the downside, as the longer term picture is down, and this recent move is seen as corrective. You can start fading this move, with first stop at 1.0820 and !.0860 for longer term, targets to the downside 1.0760 and 1.0730, but i believe if you go so far down today the 1.06xx will be seen soon...stay tuned!

gregpap

Place a buy stop at 1.2520, with a stop loss at 1.2450 and TP at 1.2650

gregpap

Looks like the correction is ending and the downtrend is gonna resume.

gregpap

Inverted head and shoulders formation in progress, needs confirmation break out of 100.40, 100.70/80 target.

gregpap Updated 

USD weakness continued this morning, we expect a reaction to 1.0790-1.08 levels.