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Break of Range to Strong Bullish

TheGuru Posted 31 Aug. as Analysis on USD/JPY, Target: 108.0000, Date: 1st of October, 12:00 GMT  in #Technical analysis #USD/JPY
USDJPY will end past many months range to start a Strong Bullish Movement in September.
The pair will start with breaking 105.40 resistance to run toward 107.00 resistance, break there will find no challenge other than the 110 Psychological level.
On downside, support will be found in 103.10-50 area, the pair will stay way above 100.80 anyways.
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TheGuru 9 Sep.

Yes Eva, Lot of money involved;)

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Alexana5 10 Sep.

good job!)

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VictoriaVika 11 Sep.

Well done!

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TheGuru 13 Sep.

Thanks Alexana and Victoria:)

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TheGuru 13 Sep.

A weekly update on my USD/JPY Analysis: Great Week showed my profits dramatically accelerate for my USD/JPY buy position. Market price had hit my 107 indicated resistance and breaching my 108 target price.
Next would be 110 Psychological Level.

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Bullish Prevails

TheGuru Posted 31 Aug. as Analysis on USD/CHF, Target: 0.9550, Date: 1st of October, 12:00 GMT  in #Technical analysis #USD/CHF
USDCHF the simplest analysis for coming month, will start a Strong Bullish move in September to 0.9650-60 area, having resistance first in the 0.9570 and will end the month above 0.9550. 0.9155 initial support followed by above 0.90 in worst case.
Everything on my chart favors this analysis. From the top to the bottom of the triangle pattern.
Add to it MACD just starting the Bull Movement.
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TheGuru 6 Sep.

USDCHF continued its upward movement like expected a week ago, Next step for coming week would be to trade above recent high 0.9335 heading to my resistance targets.

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peachynicnic 6 Sep.

thank you

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TheGuru 13 Sep.

A weekly update on my USDCHF Analysis: The pair continued the expected upward movement, held on 0.9395 daily chart strong resistance. A break will pave way to 0.9500 and my next targets.
The week coming will record Swiss National Bank Monetary Policy Meeting that will affect the Swiss Franc Currency implies this pair trend direction. 

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Bearish and Return

TheGuru Posted 31 Aug. as Analysis on GBP/USD, Target: 1.6400, Date: 1st of October, 12:00 GMT  in #Technical analysis #GBP/USD
GBPUSD may test the 1.6170-00 area before ending the month in the 1.64 area. The chart showing that possibility and MACD going to Zero level and may return from there upward to end September. Building on that to go higher in October, or will test further down levels.Any optimism to retest upper resistances will be limited by 1.6740-90 area
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TheGuru 6 Sep.

GBPUSD moving downward like expected, had also hit my monthly target of 1.64. Very near to hit my target support area, next week may see a hit there to bounce back up before deciding to stay above or break said support to new lows.

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peachynicnic 6 Sep.

great 1

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TheGuru 7 Sep.

Thanks Nicole.

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TheGuru 7 Sep.

GBPUSD have just fell to my indicated support area 1.6170-00(not coincident to stop here) recording new recent low of 1.6180 after Scotland Polls favoring till this minute YES VOTE on Scottish independence from England.
Interesting to see if Sterling will continue falling under this support as polls counting Or will the pair bounce up from this important level?

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TheGuru 13 Sep.

A weekly update on my GBPUSD Analysis: The pair continued the fall as expected, hitting 1.6050 support and bounced back to end the week in closing the weekly gap at 1.6275.
Next week will be very important for the Sterling currency as Scottish Vote for independence will be held on 18 September. Will be hard to know the results and its impact from now. But clearly if the Yes Vote campaign win then Sterling may weaken dramatically while A No Vote win will spike the pair then keep it stable later on I believe.

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