Suggest short sell around PP with short terms target 0.8820 stop above 0.8920. If market re bounce above PP, suggest sell again at 0.8950 with target around 0.8870 stop above 0.8980
Suggest sell around PP with short term target 164.80 stop above 166.20. Or wait for tonight US market Housing start at 8.30 pm
Suggest wait for tonight US market Housing Start
Suggest after next few hours open below 4 hours EMA 100 sell here with short term target at EMA 200 at 235.90 stop above 60 pips. Or wait for tonight US market Housing start.
Today market open at 2.0325. For today Cable market I strong suggest trade after the 4.30 pm news and tonight US market. I hope can make it to back my desktop to update.
Today Pivot Point :
Today market open at 0.7476. Daily RSI 14 at level 49. Stochastic Oscillators at level 22/47. Parabolic SAR now at third dots at 0.7749. Market price now in between EMA 21 and 50.
At 4 hours Chart Stochastic Oscillators 14.3.3 K% cross above D% at level 8/6. Today may continue fall again to Daily EMA 200 at 0.7276.
Today not recommend to trade.
4 hours Stochastic Oscillators K% has been cross above D% at level 15/10. Indicate that in the long term Yen may push back again to Daily EMA 100 at 117.64.
Suggest trade on Tonight 8.30 pm US market Housing Start.