Eurusd/gbpusd - page 1979

 

Eur/Usd is consolidating above 1.1050 level due to latest rumors about possible Greece deal (another one) this weekend, on the upside resistance level can be found 1.1100.

 

This summer is not like the last summer, but in some sense it is more boring than that last summer. So much manipulation that it took out all the trading joy out of it

 
eurofreek:
This summer is not like the last summer, but in some sense it is more boring than that last summer. So much manipulation that it took out all the trading joy out of it

Yes, but the traders are starting to go against the manipulators : Japanese investors have dumped over JPY 4 trillion foreign bonds in June - most in history, which means that they do not believe that any of the central banks or imf can control what is going on right now

 
nbtrading:
Yes, but the traders are starting to go against the manipulators : Japanese investors have dumped over JPY 4 trillion foreign bonds in June - most in history, which means that they do not believe that any of the central banks or imf can control what is going on right now

Seems that CBs are about to be dethroned

 

Germany agrees that Greece needs a debt haircut but it does not want to allow it

Euro end game?

 

Eur/Usd remains trading in a tight range between 1.1070 and 1.1020, unaffected by US or Greek news. Break of the range would show us a clear direction.

 
csc2009:
If Eur/Usd recover above 1.1000 level, next immediate resistance level probably would be seen at 1.1050 in case of any relief news from Greece.

EUR/USD is so weak this week and the Eurozone is in a state of alert to the fate of Greece.

 

SNB and ECB pushing the EURUSD up on midnight

They mist be desperate

 

Long term bearish channel did its job : it held. Now we can expect an attempt to break a long term bearish channel resistance testing - but this time I am almost sure it will be broken. Expect at least a short term trend change

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The game for Greece is over - they will never repay their debt now (it will extend way beyond 2057 - as it was initially planed). EU has a slave country as it's member now. Congratulations. But the days of Euro are counted with this now