GBP/USD test of the rising uptrend line + 200SMA in the 1hr chart in the low 1.61's is putting all carry trades at risk, as techs weigh on prices again. EUR/USD is testing steep dynamic support @ 1.2730, and I feel it will hold for now. If the unit can break 1.2770, it will be trading above resistance line, adn the dynamic line @ 1.30 (next resistance) could be tested (but watch Cable first holding above 1.61). USD/CHF is just about to meet its last Fibo resistance around 1.1545 after spiking from 1.1390 key static level. SHorts around current levels don't look bad positionally, as long as 1.1630 is not broken (watch EUR/CHF key dynamic level @ 1.4770).
With month-end coming up and US data next, I am today keeping a very low profile and will not take any positions. The private area has been updated with all the latest information and I'll leave it as it is until Monday.
I will step by again around closing time to make a weekly closing post (in audio format).
One more news for the private area trialists (you can still join, room is open until Nov.24), starting this weekend, I'll be posting a WEEKLY GLOBAL MARKETS REPORT, covering all major markets with detailed analysis, charts and my trading views. Enjoy the rest of the day (I'd suggest you take it very light, could get wild from 08:30EST).

