Thread: Discuss all about FX open

It seems the picture of GBP/USD is still weak while USD/JPY becomes solid.

Happy spring festival for all who have spring session in their country :)

GBP still look weakness againts other, few positive economic news from UK failed to make it up. GBP/USD and GBP/JPY i think still in down trend, i look monthly chart at GBP/JPY and it's shown down trend too.

The market will have to make a critical decision on the primary fundamental function of the US dollar within the next few weeks; and the ultimate verdict could finally put the world’s reserve currency back on pace. Bringing the greenback one giant step closer to a definable trend in the week ahead are two key drivers: risk sentiment and economic activity.

The trend of USD/JPY is unclear. But it is more possible to go up.

G/U H1 charting analysis
sell stop 1.4240, S/L 1.4280 T/P 1.4000

hi, primarylogic, how are you? have not seen you for some days

i am back from the holiday, and now we can do the trading together again :D

someone said that G/U will reach to 1.46 even 1.50, how do you think?

Originally Posted by TaoJin88

hi, primarylogic, how are you? have not seen you for some days

i am back from the holiday, and now we can do the trading together again :D

Welcome back!

I like trading together with you.

primarylogic, any analysis for EU in the next week?

Originally Posted by TaoJin88

primarylogic, any analysis for EU in the next week?

I think E/U will continu drop down, but maby retrace from 1.26.
I'm watching now...