Eurusd/gbpusd - page 1749

 

Well we are back to the ranges from this summer. We are probably going to have a quick change now and then, but nothing changed significantly.

 
eurofreek:
Well we are back to the ranges from this summer. We are probably going to have a quick change now and then, but nothing changed significantly.

Yep. you can feel that the volume is as thin as the air. Back to summer rules

 
nbtrading:
Yep. you can feel that the volume is as thin as the air. Back to summer rules

Not even front running

This few pips change before the news is as volatile as dead cat bouncing

 

The EUR / USD has been virtually unchanged today.

Yesterday moved into high being traded back above the 1.2500 line.

The momentumindicator, RSI (no longer oversold) and MACD (almost crossing the signal line) indicate that the declines may continue but careful is the watchword.

R3 - 1.25979

R2 - 1.25554

R1 - 1.25231

Daily Pivot - 1.24806

S1 - 1.24483

S2 - 1.24058

S3 - 1.23735

 

Perfect selling opportunity - any break up now should be treated as a sell opportunity

 

EUR/USD formed a hammer candlestick in the daily filter chart and started climbing. It appears that the current target is around 1.2640. That said, I don't think we can talk about a reversal yet as the trend is still very much bearish. If anything, this pullback might be a good opportunity to sell again.

 
eurofreek:
Nanex have proved that it was a HFT Now we all see how the market "regulates itself".

It was the same thing today - just a bit different. Instead to use hit-and-run they were using false orders. See the 1 minute chart (also take a look at EURCAD where the main action was)

And in the mean time EURCHF was falling all the time

 
searchingFX:
EURUSD sliding into sideways market. Long term support/resistance s revisited. Trend remains bearish

This is good analysis, thank you.

 
nbtrading:
Perfect selling opportunity - any break up now should be treated as a sell opportunity

Totally agree, the Euro is dancing around just above 1.25 level, I'm looking for a good enter point to short again.

 

Eur/usd bounce back and play within the range again, it looks like this pair is waiting for the ECB conference on Thursday and NFP on Friday.