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8-10-08 20:45 GMT – The US dollar made a strong rally last week with the GBP/USD pair falling almost 600 pips in the last 7 days! Several pairs including EUR/USD, USD/CHF and the GBP/USD are at key support and resistance levels leading me to believe that the rise of the US dollar will stall [...] 8-3-08 17:18 GMT – The GU pair is giving off mixed signals on Sunday afternoon. Overall I expect the downside to hold out on both the 4H and the Daily charts but I will look to sell rallies. Their is a bullish RSI divergence on the 4H charts that indicates a possible rise in [...] 8-1-08 3:26a GMT – Pair briefly spiked today on slower US GDP growth than expected by big money immediately brought that down to previous levels as the picture in the UK is not much better. 1.9840 is our first level of resistance with 1.9905 holding the second resistance point. Pair is still caught in [...] 7-28-08 14:51 GMT – The GU pair stayed within the triangular breakout pattern overnight (from my last signal), rising to the of channel resistance (yellow lines below) where it is now. I still expect that signal to hold to hold true as the pattern in the same. In the short term I expect the [...] 7-28-08 1:14a GMT – GBP/USD has been moving slowly downward over the past several weeks (yellow channel lines below), in a larger upward channel over the past few months (blue channel lines below). The downward channel has hit the bottom of the upward channel and has formed a nice triangle pattern (purple lines on [...] |
 
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