01 March 2013

Feb2013 : Updated Monthly Charts

  • Follow up on month end preview 2 days ago. Comments then mostly confirmed, except for USD/JPY.
  • GBP/USD : Triangle downside break confirmed. Break point 1.5621.
  • USD/CAD : Triangle upside break confirmed. Break point 1.0236.
  • USD/JPY : Gravestone doji did not form so not sure what to make of the close. Can be up, can be pause, may even be down. Leave it.
  • Copper : Downside break point of triangle is at 350.50. Wait for it. It's coming soon.

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