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:) EURUSD is back to day start. There was no money to push it or something else?
That is algos trading against algos. People are alredy pushed out of normal forex trading. And since algos could not find money to collect they turned back to the starting point
Even though the GBPUSD could still give us a bounce to the downside from the 1.6800, there is a good chance that the price may continue going higher, specially if more fundamental data supports the pair.
Look at chart GBPUSD this pair seems going higher, 1.6800 is already this month high, we will have to see where this leads us.
Finally a normal Asian session. It has been so long that I almost do not remember when we had a 30 pips range during the Asian session
Sideways corrective move on the GU hourly chart. Hoping for yet another bullish break as price approaches the EMA 20
URUSD is in consolidation of the uptrend from 1.3672. Range trading between 1.3785 and 1.3905 is possible over the next several days. Key resistance is at 1.3905, a break above this level will indicate that the uptrend from 1.3672 has resumed, then next target would be at 1.4000 area.
It is being returned back on track. Support has held for now, and, as it looks like, is going to hold for some time. It is not enough just to try to talk it down and to expect permanent results.
Are we going to see same thing as yesterday - closing at open price?
Are we going to see same thing as yesterday - closing at open price?
Sure looks like it now