New York Open Notes - Friday 27th February
Good afternoon all…..
Dan has left the building, James is back in UK so its just me myself and I this afternoon and when the cats are away the mice, they’re going to play!
1m charts anyone??
GDP out of States today so being careful. It’s Friday too so not going to go mad.
USDJPY
- Cheeky little punt turned out OK here but needs to fall below 97.00 to continue
- Fancying a bit of sideways action awaiting ma’s to catch up so quite tough to call.
GBPJPY
- A solid 100 plus pips here this morning on the break of 4hr 20ema
- Still liking it a bit lower and holding part position
- Needs to break 137.65 to continue but not looking to go long
EURJPY
- Still short and hoping for a bit more
- Entry points proving difficult
CABLE
- Fallen nicely and maybe a bit more to go yet although WS1 directly below
- Needs to break that for push lower. Can’t jump in here
EURUSD
- Looks weak below 12650 and with a tight stop above 12675 this could push lower
- Only have 5m and 15m 20’s as resistance so not one to really get stuck into but a few pips possible
Verdict……..
Not looking overly appealing at the moment. Lets see what happens after the news…
EURUSD would have to be the pick at the moment though
Zak
Have a great weekend everyone!!!
