Eurusd/gbpusd - page 1550

 

It went back right where it was pivoting yesterday

Good news for US was a bad news for USD this time. Better than ever unemployment claims made dollar weaker. The usual counter trading is back

 
nbtrading:
It went back right where it was pivoting yesterday Good news for US was a bad news for USD this time. Better than ever unemployment claims made dollar weaker. The usual counter trading is back

I don't thinks that it is the reason.

Till now, this week range is less than 130 pips and total weekly change is -35 pips. That is a classical ranging market

 

Back to 1.37. There is anon-no to take any more risk than already has been taken with pricing in what might turn out one more fairy tale from ECB. If they did not have such a long history of lies, then t would probably be different, but this way, everybody is asking "what if .... again"

 
eurofreek:
Back to 1.37. There is anon-no to take any more risk than already has been taken with pricing in what might turn out one more fairy tale from ECB. If they did not have such a long history of lies, then t would probably be different, but this way, everybody is asking "what if .... again"

Nobody should believe anybody from any central bank any more

They are too used to talk down or talk up instead to act

 
nbtrading:
Nobody should believe anybody from any central bank any more They are too used to talk down or talk up instead to act

We should do what we are supposed to do from the beginning : TA

Guessing if central bank heads have something else on mind is easy once when we take into account real numbers for the fundamentals

 

The GBPUSD has made the pullback to the 1.6800 level. Will it bounce to the downside and continue with its down trend? Let see if tomorrow we get a bounce.

 

12 pips range - and I was starting to hope for some volatility

Back to square one

 

The steam is out

 

This recent price bounce from the 200 day moving average can push EURUSD back to 1.38.

 

A bit of a front running - someone is expecting good building permits data today

Reason: