Eurusd/gbpusd - page 1580
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Or this is the reason : "This Is A Trend": Increasingly More Russian Companies Set To Drop Dollar, Switch To Chinese YuanThey are droping Euro too
I got to read the article.
It really looks like previous weeks : 1.36 - a bit up a bit down
It really looks like previous weeks : 1.36 - a bit up a bit down
It starts exactly the same way as last time : we all were waiting when the hell will it break 1.36 down, and all it did was those 10-20 pips breaks. All the rest were bounces of level 1.36 that held as a support
If it continues the same this time, we really could see Euro launched in the stratosphere
someone (a lucky Irish bloke) on CNBC asian session was saying he thought 1.38 was the next level to wait for a short
and 1.40 the absolute ceiling, as its also been shown to be very strong resistance
(obvious i know, but always good to hear a so called expert)
he also said he thought the FED will have something to do with bringing down the Euro and thought it was about to fall quite abit more
maybe FOMC next wk could be the trigger?
as its nearly the summer its hard to see it'll go anywhere but sideways (this is my assumption)
but we've had big falls before in August so maybe this yr could be different?
no idea to be honest
(im on holiday now though, so don't really care where they all go to)
something fun (well kind of)
Fear & Greed Index - Investor Sentiment - CNNMoney
GL
someone (a lucky Irish bloke) on CNBC asian session was saying he thought 1.38 was the next level to wait for a short
and 1.40 the absolute ceiling, as its also been shown to be very strong resistance
(obvious i know, but always good to hear a so called expert)
he also said he thought the FED will have something to do with bringing down the Euro and thought it was about to fall quite abit more
maybe FOMC next wk could be the trigger?
as its nearly the summer its hard to see it'll go anywhere but sideways (this is my assumption)
but we've had big falls before in August so maybe this yr could be different?
no idea to be honest
(im on holiday now though, so don't really care where they all go to)
something fun (well kind of)
Fear & Greed Index - Investor Sentiment - CNNMoney
GLHappy holiday (and a lack of trading)
That is the only way to rest of this madness
The GBPUSD does not want to leave the 1.6800 level. It has formed some kind of bullish flag on the daily chart. lets see if it continues to the upside.
We are back in a good old ranging sideways market
Old ranges are back and level 1.36 is back again
We are back in a good old ranging sideways market Old ranges are back and level 1.36 is back again
Again and again we are shown that EURUSD can not be traded any more
Either 10 pips ranges or whipsaws - chose your poison that will kill you if you trade it
Well, they broke 1.36 now. Let see
Guys
Carry trade started with Euro. Remember what happened to JPY when it was the most popular for carry trade. Do not hope too much that EURUSD will go up soon