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Looks like a ranging day today. No clear position for a sell
Mondays tend to be slow for the EUR/USD pair, but I think the bearish trend will continue. The current target is around 1.2200.
Mondays tend to be slow for the EUR/USD pair, but I think the bearish trend will continue. The current target is around 1.2200.
Long term target yes - but today it is a typical ranging day
Long term target yes - but today it is a typical ranging day
Yes, you are right it is a target for long term.
Average daily range was "produced" thanks to algos - now we ca wait for trend continuation
Average daily range was "produced" thanks to algos - now we ca wait for trend continuation
Now every news (even the smallest) will be used as a trigger
Not quite go as low as 1.2200, but it did touch 1.2250 and bounced back, would we see 1.2200 before end of the week? I think it's a possibility.
Looks like a ranging day today. No clear position for a sell
Probably it carry on ranging today too.
The GBPUSD tries to rally, but as the EURUSD the pair remains in a bearish trend.
Today seems that the EURUSD is going to continue the bearish trend.