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Even though it is 200 pips retrace from Friday peak, we need more confirmation that it is going to return to bearish trend again. 1.1000 is still far
Probably all depends on NFP now
Probably all depends on NFP now
Volume at record lows - volatility at record highs - HFTs at their best
Take care guys - it does not feel right. Something is very wrong
Volume at record lows - volatility at record highs - HFTs at their best Take care guys - it does not feel right. Something is very wrong
The bubble is about to burst
Today was a bad day for the EUR/USD at all, hope we can see some pull back tomorrow.
Initially I thought that EUR/USD has broken above the resistance at 1.1260, but apparently that was not the case. The pair has formed a shooting star and a marubozu candlestick on the daily filter chart and will likely move to the downside again.
We are still in the long term bearish channel. I guess that NFP will decide
We are still in the long term bearish channel. I guess that NFP will decide
Slow down move - judging from AUD move UP on rate cuts, all is inverted
Slow down move - judging from AUD move UP on rate cuts, all is inverted
It is NFP being priced in already
It can not be as bad as last month - all are expecting much better NFP this time
It is NFP being priced in already It can not be as bad as last month - all are expecting much better NFP this time
It is back at the long term bearish channel support - now it depends if the support will hold
Level 1.1100 is not going to give up just like that - it needs some additional push