FOREX PRO WEEKLY September 01-05, 2014

[Brett Reynolds]

I think 1.3110 is also very strong area of support. Market has already touched this area and formed small Daily Pin Bar on 2nd Sept!?

 

[Sive Morten]

Bingo, guys!
Euro is done, Gold is moving... Interesting.

 

[Venelin]

Bingo, guys!
Euro is done, Gold is moving... Interesting.

Cable also hit Monthly 1.6393(38.2%) to the pip! BnB buy? I'am starting to build longs
Here is Monthly + 8h. chart:
View attachment 16627

 

[Venelin]

So...Euro went through YPS1/MPS1 and all other technical supports like hot knife through butter- 200+ pips on the day! 161.8 ab=cd target is @ 1.2906! Cable also keeps its 9th week of tanking! Maybe it is time for some rest and retracement ?! Tomorrow is non-farm payroll time-maybe it will spark a retracement up? We will see!

 

[stelore]

Wow Sive,
yesterday many things happened.
Strange NFP and Nato Meeting.........

What can we expect now?
Have a nice weekend Master
Stefano

 

[Kleinerbroker]

Weekly Butterfly completed ?

Hi Sive , now couple of days later, could you imagine ,that USDJPY has reached its highesthighs and now perhaps start to drop in consequence of weekly butterfly ? KB