BostonLab

BostonLab

Still no close below the trendline. A nice little pop up today thanks to the ECB's comments about negative rates. But EUR/USD bulls still holding the line.

BostonLab

Waiting to see how it deals with London open then it will be short time to the bottom of the channel.

BostonLab

Looking to drift up towards 103.00 resistance then it is back up to 104.551 as Emerging Markets soften their tone and Yellen continues the "you're on your own" philosophy of the Fed. Stop at 101.0

BostonLab

Ascending support coming under test. Looking for a good push up to finally go long at 81.29

BostonLab

Yellen needs to do something to save the USD on 2/11/2014 else we could break ascending support that has held for 2 months. DX has not closed below this ascending support but it is threatening now.

BostonLab

After buying once the lower BB was pierced 7 days ago @ 0.8958 I have ridden the wave up for 92 pip gain and sold at 0.89500 today. This was a good trade and low risk, as it was evident that tapering was going to be announced. The problem with holding is that the EUR/USD bulls will simply never give up. I sold today because unless there is another big drop in...

BostonLab

Looking for over sold conditions to reverse and go back into the BB envelope. First target is 0.9059 Second target is 0.9200 range. See weekly Retracement chart published prior.

BostonLab

Looking for a move back up to the 0.92825 level. Stop at 0.8559