AUTOREFRESH 
ForexLive Asian market open: Tight consolidation continues
By Sean Lee || August 26, 2010 at 21:14 GMT
|| 14 comments || Add comment
The jigsaw puzzle is looking a little closer to completion after overnight trade. I am now tending towards the USD-bearish camp rather than the full on risk aversion view after the EUR/USD managed to break above its short term resistance and cable also managed to break higher. The fact that neither could maintain it’s gains is a reflection on the indecision in the market generally. USD/JPY and USD/CHF remain the two lead pairs.
There is a big level looming in USD/CHF so I’ll collate that information and report shortly.
Good luck today and TGIF.
Moooornin’ Sean
Cor, I’m SGIF.
Hasn’t half come round fast this week
Oh and ‘urry up with cable please
Just got some work to finish, and hopefully I’ll get to stick up a chart if I don’t nod off first.
Mornin’ Lilac, which way do you want the cable to go?
Blimey if you put it like that … down, seein’ as I’m short.
There’s been soo much divergence again too.
Don’t feel quite as daft now I know Mr Taylor’s in too
I’ve got no real view I’m afraid but seeing as it went up during Asia yesterday, and we’re always wrong here, then u must be on the right horse!
Yeah well the last time I sat on one I got rudely bitten by a fat-bottomed fly
Here’s my 4-hourly then (I hope)
http://i989.photobucket.com/albums/af18/lilaccuttings/cable_h4_270810.jpg
with a close beady eye on the RSI.
hello gerry, what is the outlook for euro/usd for today its friday……
so its going lower Lilac?
crazy range all arround the map
EU trading up US trading down hehe
Hi SK, just looks rangey to me. 1.2650-1.2800 and we’re right in the middle
You’re a happy soul Dinko
That’s the plan!
What’s the recipe today then, Jim?
Ooops and g’mornin’
Lovely and sunny.
And a bit crisp.
Ah Jimmy Young, bless him. Yes you got all the good weather. It’s really strange when Im bettingg on Northern races. Its lovely and bright there and I look out the window and its peeing down.