forex trading, managed forex accounts with european bank. 1 pip currency trading. metatrader 4 and currenex platforms

Final tech comments

Technically speaking, USD/CHF is looking good for a recovery (good pattern), and Cable is definitely paying off the bearish MACD divergence in the 30m chart from 1.9755. Again, these 2 pairs, despite the overall craziness, are responding pretty well to techs.

* There are some indicators that I look at (not for direct trading, but that I always keep in watch) that are telling me that something is wrong in EUR/USD from 1.5480 and in Cable from 1.9580. If we see these levels printing (and lower) next week, you got the call here first, keep those levels in mind, I do also feel a turnaround is coming soon.