Also here is weakness aproaching. Look at it and trade if you see a chance. There is a good chance, that we reach the Centerline some time.
Also here. Very interesting. I supose that Volatility will rise soon. But where will we head? Soon we will know it. The Chance is about 60-70 Prozent down. Dont forget your Stops.....
We have broken the Centerline. This is a short sign. Unless we will get a reversal in Monthly Chart. If not, the price could fall quite a lot. Dont be surprised when it falls perhaps to 1.10 - 1.12.... In the worst case to the lower Line Parralell . That would be a significant loss of the pound.
The price Level is at a very interesting Point in Long Therme. Take a look. I wouldnt be to bearish at the Moment. Think about a long trade. The Momentum downwards will get less and less unless we would break the Centerline downwards.
Potash is building out a bottom formation at a very important support. Lets look if it make a short bear trap or it will begin to rise quite a lot.
I believe the grains are i a very good shape to enter a long trade. It could be a multi year long entry chance. Make your analysis and take the choice.
I believe there is so much bearish sentiment in Pound, so it could easely come to a bounce. Lets look in a few weeks.
Just a Idea how it could happen. Look how the Market dance with you. This is just Nature Law. Nowbody can Controll the Markets. They swing up and down. Think about this. you throuw a ball as strong as you can. He goes up , a while stright and after he slows and falls back to the ground. Even you are the strongest Man, he might fly longer, but the same...
The Trend seems to be up... Time will tell us
This forgotten Market is probably ready to bottom out. This could be a good Chance for Value Investors... Never forget..........Dead live longer!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Could Be a nice Entry long Term. Aud/Usd is in corelation with commodities. I think the commodity Market will soon find a bottom. So it could be a chance for lifetime.
Just a try.... Keep in mind your Moneymanagment.