Eurusd/gbpusd - page 1426
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What do you think what can change this up trend?
US QE taper or ECB introducing an equvalent of US and BOJ QE
US QE taper or ECB introducing an equvalent of US and BOJ QE
It means not so soon
It means not so soon
Judging from what ECB representatives are talking these days, you are right. It seems that only Draghi does not understand what is going on
Ratios before the official market open :
Only 10 pips gap for EURUSD (1.3715 at bloomberg right now) - another boring Asian session ahead
It does not get more boring than this Asian session trading of EURUSD. Now let see what will London session bring to us
Dectaper is the main question now. Until it is answered sessions like these are going to be repated
EUR/USD
The pair was traded with a high volatility last Thursday. In the first half of the day the demand for the European currency increased in anticipation of the ECB's key interest rate and Mario Draghi's press conference. The head of the European Central Bank has assured the investors that the basic interest rate would remain unchanged at 0.25%.
It is recommended to open buy pending orders from 1.3600 with short stop-losses and with take-profit at the level 1.3750.
GBP/USD
The Pound fell after the announcement that the BO England left interest rates and the asset purchase program unchanged in December.
Statistics showed the maximum industrial production growth in the last 3 years, while the situation at the construction and nonproduction industries showed an improvement.
As the major support levels are punched, the main target of a downward correction is the support level 1.6240 with a possible retest of 16200.
Week no. are signals buy/ sell,trade week no. same no. all the week,every day ,24-h,5-days,trade with the trend -no indictors ,only week no.enter on week no.posted once a week on monday for all the week. use week no. as enter trade point.,news is just event that can speed up or down the price movment
rules:enter olso( +-)6-9p,or week no.
week no.(12/8/2013)
have a nice green week!
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week no. gu----6292, 6318, 6322, 6352, 6378, 6382, eu----3674, 3680, 3690, 3734, 3740, 3750,