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jrbscrazy

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jrbscrazy

Re: Ataglance2 post# 9512

Wednesday, 05/09/2007 12:51:59 AM

Wednesday, May 09, 2007 12:51:59 AM

Post# of 42555
Ataglance...

GBP/JPY, EUR/JPY

Look at a daily chart with MACD and CCI. I think GBP/JPY (And EUR/JPY) have a long ride down. Looks to me like they have a couple/few days(maby weeks) until reaching oversold levels. MACD shows a bearish divergence that has not happened since Jan 28 CCI is crossing south of zero as I speak this has not happened from overbought levels since Jan 30th. RSI shows and obvious bearish divergence. Oscillator is at a level it has not been since Feb 1st. I see a big move happening. Study a bit and let me know your thoughts.
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