Eurusd/gbpusd - page 1620
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EURUSD at daily open.
GBPUSD at daily open
USDCHF at daily open
One of those daysUsual July Friday - good that EURUSD reached the whole 30 pips range - it could be much worse
Usual July Friday - good that EURUSD reached the whole 30 pips range - it could be much worse
Don't forget profit collecting and that people expect that at this time the news are coming in - even when there is no news at all. It is still a danger zone
it looks choppy
seems next wk will also be abit choppy as the main lunatics will be let out of the asylum to speak / bore the market for the 1st part of next wk,
some might think they organise it this way deliberately
Thurs and Friday off though, lucky them, probably off shopping to spend their ill gotten gains from their manipulation speech's
it must be nice being a central banker
hopefully the rest of summers trading won't be quite as boring as the last month or two
The volume is so thin that one single market maker can throw EURUSD back and forth to collect some extra profit. You can feel it that it is not a normal trading day (or better yet it is a "new normal" trading day)
It will end somewhere 1.36
The usual level we all knew will be around for some time
Nobody wants to risk (Banco Espirito Santo syndrome)
If they do not clean the stuff up, next week will be interesting
Nobody wants to risk (Banco Espirito Santo syndrome) If they do not clean the stuff up, next week will be interesting
Combined with Friday and summer, all we get is a safe 1.36 at the end of the week. 10 pips change this week
;) Combined with Friday and summer, all we get is a safe 1.36 at the end of the week. 10 pips change this week
That is (knowing that the weekly range was 75 pips) quite good : it is 20% weekly range raise (at a moment when I am posting this, change is 15 pips).
Oh well, my support line still holds. Next week will show is a ranging market will form different possible trends
Sometimes I adore ranging markets (I can not lose if I keep the order opened), and sometimes I hate them (profit targets are too tight). With these ranges, I hate the ranging markets
Here is about the "volume" :
This happened in a last 5 seconds before the close of the market :
There is no volume