colintsui

colintsui

Given the high correlation of JPN225 to USDJPY, if this ticker drops as forecasted, it WILL drag down USDJPY and all Yen pairs. Beware!

colintsui

We have ECB and NFP this week, risk is high and it will probably set the tone for EURUSD at least until FOMC this month. either it bounce to the upside or break to the downside, it will be a great opportunity.

colintsui

selling the breakout to the downside looks like a good idea.

colintsui

looking at the chart it is consolidating of previous drop. next big move is down? I'm waiting for impulsive move down to enter sell. Since USDJPY still no bearish momentum yet, I'll be sitting on my hands for all yen pairs.

colintsui

Given so much events this month for GBP, USD and JPY. GBPJPY may set out a top soon. The entire action from April looks corrective and bear trend may resume anytime. However, slight throw over (it can be a few hundred pips) is possible, making it hard to pick top.

colintsui

Technically the pair broken above a large expanding ending diagonal, at the same time breaks out of a triangle B wave of a minor degree, both are bullish signs. Fundamentally, FOMC minutes showed most members sees a June rate hike is "appropriate" which is USD bullish, last Friday's Yellen speech is bullish also as she talked up the USD (she is usually a dove),...

colintsui

To me, it looks like an expanding ending diagonal already finished at 105ish, next move could be up with a break of trend line. I'm flat at the moment but will long once a confirmed break above trend line. Will not short like most others do.

colintsui

USDCAD is in consolidation of previous sharp bullish move. Long break out would be a good choice but you can also long now to pick bottom if you have a strategy to do so. Good luck trading!

colintsui

short break of consolidation support.

colintsui

a nice retest of trendline bottom. although long at this level is high risk. Trade only if you have a strategy to pick bottom.

colintsui

Pattern says it all, the entire action from August 2015 looks corrective and the wave C ended with an ending diagonal, and price has broken below supportive trend line. I'll sell into any bounce from now on, hoping the larger down trend resumes.

colintsui

it's good idea to long this pair when there's an entry opportunity

colintsui

I think GBPUSD will stuck in a 500 pip range before June referendum.

colintsui

it looks like a few pairs are all ready for a drop against the USD

colintsui

USDCHF may have completed ending diagonal

colintsui

USDJPY at channel bottom

colintsui

looks like an ending diagonal forming

colintsui

Stop below channel.