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Тhe EUR / USD finally broke below the support at 1.1150, heading to 1.0900 area and the price opened today at 1.1079 and rose slightly to 1.1114 and then continued to go down to 1.0987 and currently trading at 1.1026. But do not know if the price will stay at 1.0900 level or to continue to go down soon?
back to tight ranges - algos turned off, getting ready for one more break using NFP as trigger
EUR/USD broke below the support at 1.1150 even before the ECB rate decision came out. The bearish trend is as strong as ever and it looks like the pair is headed for target 1.09, but is likely just another step on its way to parity.
I agree, Eur/usd has temporally slid below 1.1000 to the lowest level since 2003, bears indeed continue to favor the downside. We are not far from the parity.
All is setup for more downwards move - regardless of the NFP
Fundamentals do not matter any more - we have another case of S&P (in a reverse)
Interesting : frontrunners are not sure about the NFP (or they know that NFP will be bad)
Interesting : frontrunners are not sure about the NFP (or they know that NFP will be bad)
Buffet makey pcket money selling the data
It has reached the last support
This is becoming a free fall - Euro black Friday have started
It has reached the last support This is becoming a free fall - Euro black Friday have started
Not yet
When the printed money (QE) starts flooding the EU zone, then we shall see 0.9 in no time at all. Swiss frank move will look like a kids game
EUR/USD broke below 1.09 after the US Non-Farm payrolls with ease. I think the pair will reach parity in the foreseeable future, the question is will it drop even lower? And just how much lower can it fall before we see a reversal?
What a quick fall for the EUR/USD today, Also strong sell the whole week almost 200 pip not bad