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Already plains started to "fall" in neighboring countries - FED is going to run the printing machines at maximum. We might look at trend change
Don't know about the rest, but printing machines are going to work 24/7 now. They are opening to much fronts at a same time
Long to short open position ratios before the official market open :
Don't know about the rest, but printing machines are going to work 24/7 now. They are opening to much fronts at a same time
Yes, but they are printing the money without control for years and years - printing some additional money for some "small war somewhere there" will not impact significantly the overall money printed just for the sake of doing the hidden QE - I have a feeling that it will be simply used as an excuse for even more aggressive New normal hidden QE
No gap : EURUSD 1.3406 (Bloomberg rates)
We might see level 1.34 testing again tonight
We might see level 1.34 testing again tonight
It is happening. Makes me wonder what will be the support now?
It is happening. Makes me wonder what will be the support now?
Support is way down
1.34 is levels are resistance - it is still holding
Support is way down 1.34 is levels are resistance - it is still holding
yep
We are back to tight ranging days as we are used to in the last couple of months
Key EURUSD indicators two watch are very clear =>> See my Daily Forex Trading Outlook on Forex Trading Outlook for August 11, 2014 - YouTube
Now CAD news are adding to EURUSD "volatility" (10 pips range is a "super volatility" in these times
)