FOREX PRO WEEKLY July 28-01 August, 2014

gbpusd

I think is in ZZ corrective either 4ED but I think in b...we will see..

20140729_gbpusd_H4_1522.jpg
 
usdjpy

well, Sive, here we do not share same thought...I am bearish..

20140729_usdjpy_H1_1553.jpg

heh, when it starts, it starts all over the board...
 
Besides, we will get another CFTC report before FOMC meeting and we need to take a look at numbers.

if you can get this information be so kind and share with us...as I know COT is still published with delay on Friday although data is from Tuesday...
 
DJI

might be naughty and goes down not to touch 17148 as b of last ZZ..if touches I think last ZZ as 5ED is in play for next days, maybe 2, hardly 3 weeks...

20140729_dji_daily_1708.jpg
 
DXY

I think dollar index is to go above 81,48 before FOMC...so, more pressure down for eruo, cable, aussie, kiwi and up for loonie, swiissie and yen....
If somehow will not manage then this whole move up would most probably become 1ED..

20140729_dxy_daily_2029.jpg
 
Last edited:
eurusd insight

I think pair is entering PRZ, well at least retrace zone...I checked FOMC day July 10th 2013..price stopped few hours before FOMC and looks like some cash-in pushed price up and then jumped at FOMC..
I still think that 1st weekly drop from 1,3992 CAN NOT be recognized as 1st of an impulse....

20140730_eurusd_H1_0730.jpg
 
Back
Top