Eurusd/gbpusd - page 1642

 

Monday the EUR/USD is traded higher (daily chart), but the volume was down and the action light.

Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.

 

The dollar traded unchanged against its G10 peers during Tuesday

 

First attempt to break 1.34

Today it will be broken

 
nbtrading:
First attempt to break 1.34 Today it will be broken

The are doing it already

GDP data is sure to be better than last time

 
eurofreek:
The are doing it already GDP data is sure to be better than last time

I agree - looks like it has already been decided what will happen to EURUSD now - it is not even close to resistance. Traders are not preparing for surprises this time

Files:
eurusd_7.gif  68 kb
 

I don't know

It all looks like a preparation for either giant whipsaw or for a fall like a rock down

 

EUR / USD fell below 1.3400 during European morning for the first time since November 13, before leaving the German preliminary CPI for July and expectations of strong U.S. data to be released later in the day.

 

Interesting : the FOMC statement is considered today as more important that rates. But it is not funny. All is twisted and inverted

 
nbtrading:
I don't know It all looks like a preparation for either giant whipsaw or for a fall like a rock down

Fall like a rock down so fall, and there are more coming, let's see.

 

Man, a good old whipsaw

FED does not want to stop the QE :):)