Eurusd/gbpusd - page 1739

 

Interesting : the final decision is to ignore all. That could be a sign of bearish trend continuation

 

EUR/USD was descending but encountered support at 1.2630 and bounced back a bit from it. Personally, I still think it will reach 1.2500 but it needs to break below the support at 1.2630 and it's uncertain whether that will happen right away or range will begin again.

 

This thing is going to end on day open. Tomorrow we shall see more

 
nbtrading:
This thing is going to end on day open. Tomorrow we shall see more

Almost no news tomorrow - probably profit taking the whole day

 
eurofreek:
Almost no news tomorrow - probably profit taking the whole day

You mean the usual Friday greed attack?

Yep, you are probably right

 

The GBPUSD has reached the 1.6000 level and it is trying to bounce to the upside from there. lets see.

 

Some EU news ahead, but today we should not expect a busy day - not because of the news. The only thing to move EURUSD today is the profit collecting (and some rumors)

 
eurofreek:
Some EU news ahead, but today we should not expect a busy day - not because of the news. The only thing to move EURUSD today is the profit collecting (and some rumors)

Not even rumors working now. No volatilty at all. Looks like NY ebola case is what stopped all the trading now

 

Yesterday the price touched the long term support and rebounded. Today I doubt that a new attempt will be made to make new lows. All is on Sunday now and the publication of ECB banks stress test results. If some major bank failed the test, we can expect a gap on next week market open

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We still have US new home sales ahead and after that that is it. Looks like this 15 pips change is all the front running we are going to get