Eurusd/gbpusd - page 1847
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Seems that for now there will be no "Monday buy"
Maybe it will
Maybe it will
30 pips range - looks like we shall have another break (up or down, but more likely down). Short correction and then the trend should continue
Algos working - every 5-6 pips move down is followed by a quick 10 pips move up
Newly established long term support is holding. Trend remains bearish. The exact nature of this small correction wil;l become more clear tomorrow. For now "sell on Friday, buy on Monday" is valid
The pullback on the GBPUSD is losing speed at the 1.5100 level. Lets see if there is a continuation to the downside from here.
EUR/USD moved to the upside only to form a doji candlestick on the 4-hour filter chart. Consolidation continues but the bearish trend will likely continue. I think next target is around 1.07.
This whole day was one dead cat bouncing day
This whole day was one dead cat bouncing day
Market makers waiting to see if ECB can do the QE. One thing is printing the money, other is QE. If they print more money, Euro must fall. And that makes bond buying unprofitable
EUR/USD today moving horizontal path throughout the day, I expected to continue the downward path for this week to 1.0700 area with and then to 1.0500, while the 1.1120 levels remain strong levels of resistance.
Great week for all
They are letting the suckers jump in before they continue the down move. By now counter trend traders are more and more - which is normal. But see S&P 500 and we can see EURUSD (inverted of course
)