Eurusd/gbpusd - page 1494
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The EURUSD made fresh highs above the 1.3900 level earlier during the day. The pair simply killed the bears and traded higher. However, after the encouraging US NFP data, the pair has dipped towards the 1.3850 level. The pair is consolidating at the moment, and I think we will witness the same going into the weekend. The 1.3820 level might now act as a support in the short term. Happy weekend friends.
stop out 6725 tp1 48p, tp2 38p, tp3
stop out 6710 tp3 47p(from 6757)
(, later week no. 6713 was signal buy----- 
()
NFP day today, but the odds that something is going to change are close to zero. Guess you were right about going up
I was partially wrong : it went up and then they collected some profits. NFP did not have the usual influence (by now they know that Draghi is not going to do anything regardless of what he tells - so they are looking for signs from Goldman Sachs and Deutche Bank to see what is he told to do)
It seems all wrong. The usual "bad news is good news". Draghi tells obvious lies about EU economy recovering, all know that it is a lie, and still Euro goes up? Market makers at their best
Just see who is profiting from this and you wll know who is doing it and why
Well, the same story goes for all localized wars in the last 30 years. War of currencies is just a reflection of that
War industry being a 30-40% of the whole industry - no wonder. Hope people will not think that it is normal, but then people are manipulated all the time
If look at a simple trend analysis, there is nothing unusual going on. Bullish trend continues and the resistance have held. We shall see on Monday open what will happen (and now it depends completely on political actions)
Regarding all, it is surprising that the market did not react to the political situation in a more violent way. Market makers knowing something that we do not know?
Ratios before the official markets open :