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The GBPUSD stays with the 1.4900 as support and the 1.5000 as resistance. Lets just wait for a breakout of either of those two.
going into summer doldrums and already narrow ranging ... going to make for lackluster next few months
Mo. they are just avoiding the "Greek risk". You shall see what will happen if Greece defaults
Such a strange day for the EUR/USD today while the price moving up and down the 1.0740 . So what is next?
Eur/Usd still looking bearish, 1 hour chart shows that the 20SMA offers support around 1.0715.
Range is getting tighter and tighter - this this is about to blow off
Long term bearish trend manages to hold. Yesterdays attempt to bounce from the bearish channel resistance failed - today it is another attempt to break the resistance. Even though the trend remains bearish, currently the odds are that we are entering a ranging period. Keep stop losses tight - break or a bounce at stages like this can be violent
Ranging again. I hope we are not starting last year summer ranges
Ranging again. I hope we are not starting last year summer ranges
Not yet - they are going to jump like this till Friday
Ranging 101. As I already told : it will be like that at least till Friday (April 24th) when the decision about Greece is supposed to be made
Ranging 101. As I already told : it will be like that at least till Friday (April 24th) when the decision about Greece is supposed to be made
Here they go again : one more wave
For the second day in a row EURUSD is going to close at daily open. If that is not ranging, nothing is