Eurusd/gbpusd - page 1522

 
on my own:
:) EURUSD is back to day start. There was no money to push it or something else?

That is algos trading against algos. People are alredy pushed out of normal forex trading. And since algos could not find money to collect they turned back to the starting point

 

Even though the GBPUSD could still give us a bounce to the downside from the 1.6800, there is a good chance that the price may continue going higher, specially if more fundamental data supports the pair.

 

Look at chart GBPUSD this pair seems going higher, 1.6800 is already this month high, we will have to see where this leads us.

 

Finally a normal Asian session. It has been so long that I almost do not remember when we had a 30 pips range during the Asian session

 

Sideways corrective move on the GU hourly chart. Hoping for yet another bullish break as price approaches the EMA 20

 

URUSD is in consolidation of the uptrend from 1.3672. Range trading between 1.3785 and 1.3905 is possible over the next several days. Key resistance is at 1.3905, a break above this level will indicate that the uptrend from 1.3672 has resumed, then next target would be at 1.4000 area.

 

It is being returned back on track. Support has held for now, and, as it looks like, is going to hold for some time. It is not enough just to try to talk it down and to expect permanent results.

Files:
eurusd_2.gif  33 kb
 
The dollar grew versus the euro, while the Swiss franc slightly retreated.

The consumer prices rose up in March by 0.2 %, while the CPI grew to 0.2 %.

The first target is 0.8850. If the price consolidates above the first target, the level 0.8890 becomes the main goal.
 

Are we going to see same thing as yesterday - closing at open price?

 
whisperer:
Are we going to see same thing as yesterday - closing at open price?

Sure looks like it now