Eurusd/gbpusd - page 1950

 

It is like that for the last couple of months : the politicians are playing that same game over and over. Market probably already priced in all the political games. But we shall see tonight ...

 

Long to short open position ratios before the market open :

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mladen:
Long to short open position ratios before the market open :

Again : EURUSD can go only UP (see the pecentages - they are going to go stop loss hunting again)

 
searchingFX:
It is like that for the last couple of months : the politicians are playing that same game over and over. Market probably already priced in all the political games. But we shall see tonight ...

You were right : no gap at all - 1.1112 opening price (Bloomberg rates)

 
eurofreek:
You were right : no gap at all - 1.1112 opening price (Bloomberg rates)

Whooops : 1.1087 (27 pips in a single second - HFTs have waken up )

 
eurofreek:
Whooops : 1.1087 (27 pips in a single second - HFTs have waken up )

No : that is the usual "weekend loan" effect : they take out money from our trading accounts, and borrow it to somebody over the weekend. Than that someone uses that money as a proof of liquidity and gets a huge loan from a bank. And then returns that money in the last couple of seconds before the market opens

That is one way how bad loans are flooding the banks. The banks know it, but they don't care as long as CBs are printing (QE). And that is how your and my money is used to make the rich even richer

 

Level 1.1100 is holding. A push up started as soon as all the brokers started to work

 

After this super tight Asian session, London session is bound to send it up

 
eurofreek:
After this super tight Asian session, London session is bound to send it up

Helped with rumors and similar stuff :

French official: Obama said Strong Dollar is Problem
 

Long term bearish channel main support (it became support when it was broken last week) is holding. Political rumors are driving the EURUSD but without rate changes and with (or without) QE, politicians can do only so. For not TA is shoving no signs of deviations that were not expected. We are entering the summer period which, if there will be no major news or change, tends to continue the trend of previous period with a mild pull to sideways market

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