- Search Forex Factory
- 134 Results (84 Replies, 50 Comments)
- mike79 replied Jun 28, 2024
Friday, GU will test the possibility of 1.2600. The daily and 1-hour graphs are compatible
Cable Update (GBPUSD)
- mike79 replied Jun 26, 2024
GU selling pressure is overwhelming, but looking at the 1-hour chart, the selling force will probably be blocked in the 10 - 20 area, possibly increasing slightly towards 50. But the daily target is to sell to 1.2580.
Cable Update (GBPUSD)
- mike79 replied Apr 12, 2024
On the daily chart, levels around 1.2375 - 1.2413 are likely to be closely watched for action. But I prefer to sell if GU returns to 1.2500
Cable Update (GBPUSD)
- mike79 replied Apr 10, 2024
I think the market reacted too strongly to CPI news. The level of 1.25385 is considered a consolidation level for GU's short-term uptrend. But if this level does not hold after 0:00 London time tonight, GU will continue to be beaten to lower levels ...
Cable Update (GBPUSD)
- mike79 replied Apr 10, 2024
Around the 1.2500/10 level looks important today. But it's better if I don't look at the screen and take a few breaths.
Cable Update (GBPUSD)
- mike79 replied Apr 9, 2024
Daily chart, if GU maintains above 1.26679 from here until the Asian session, GU is still likely to maintain upward pressure.
Cable Update (GBPUSD)
- mike79 replied Apr 5, 2024
Daily chart, GU price touches SMA 200 1.258xx on the way down
Cable Update (GBPUSD)
- mike79 commented Dec 20, 2023
The US economy is good, inflation looks consistent with the current economic situation, which will convince the FED to cut interest rates by the end of the first quarter of 2024 or will increase investor confidence about this.
US Consumer Confidence Increased Again in December
- mike79 commented Dec 19, 2023
Gold is benefiting from USD depreciation in the short term. Once inflation in major economies has stabilized, gold prices will decline but over a longer time frame.
Fed's Barkin: We are making good progress on inflation; time to balance focus on Fed's mandate;...
- mike79 commented Dec 17, 2023
Deflation is much more dangerous than Disflation. As is the case with the current Chinese economy, they are in a state of deflation that will certainly take decades to overcome.
US inflation has cooled a lot. So why do things still feel so expensive?
- mike79 commented Dec 14, 2023
Not really. It is necessary to review macroeconomic results to determine volatility trends in the context of falling inflation and central banks cutting interest rates
Bank rate maintained at 5.25% - December 2023
- mike79 commented Oct 11, 2023
Data , a core of the main trend. Good for USD.
Producer Price Index - August 2023
- mike79 replied Jun 30, 2023
So high and consist pressure to erode support area 0850 currently. Bears in strong attacking position over defensive Bulls.
EURUSD only
- mike79 replied Jun 22, 2023
A retracement from peak set up today 1.10125 Uptrend till intact for better Long position between 1.0950 - 1.0965
EURUSD only
- mike79 replied Jun 22, 2023
Base on the price move so far we would know what expectation of the large trader forward the today's Powell voice.
EURUSD only