Eurusd/gbpusd - page 1533

 
eurofreek:
Draghi clearly stated that they will not do anything. EURUSD should go up like a rocket when that gets announced officially too. ECB WILL NOT DO ANYTHING

Funny

Does this mean that everybody thinks that only Germany is deciding of ECB steps and no other country has a vote there?

 

Now a nice little double bottom

No trading till after Consumer Confidence

 

The EURUSD attempted to push higher yesterday topped at 1.3878. The bias is bullish in nearest term testing 1.3900 before testing 1.4000. Immediate support is seen around 1.3835. A clear break below that area could lead price to neutral zone in nearest term testing 1.3800 – 1.3780. The ascending triangle bullish scenario on daily chart remains valid and I still prefer a bullish scenario at this phase.

 
searchingFX:
Now a nice little double bottom No trading till after Consumer Confidence

Not even bad US data culd prevent this double bottom. We are going to see a couple more bounces from 1.38 again

 
searchingFX:
Not even bad US data culd prevent this double bottom. We are going to see a couple more bounces from 1.38 again

For now 1.38 is holding. We shall see tomorrow

 
nbtrading:
For now 1.38 is holding. We shall see tomorrow

Yes, tomorrow should be a final level 1.38 testing day (it is 5th time in less than a month that eurusd is testing level 1.38)

 
searchingFX:
Yes, tomorrow should be a final level 1.38 testing day (it is 5th time in less than a month that eurusd is testing level 1.38)

Draghi already told that tey do no consider deflation risks - ie : nothing new from ECB. Only traders pricing in what they think that ECB must do

 

ECB is the strongest constant among the central banks : they never do anything. Never

 

And here we continue the 1.38 level test. I have a feeling that it is going to hold again, but that it just a gut feeling not based on any analysis. Too much interest on the other side not to let it bellow 1.38

 

front running started 20 minutes before the news release. The time they are getting ahead is longer and longer all the time