Eurusd/gbpusd - page 1676

 

Back to old no range Asian sessions. Only London session can save the trading day today

 

Looks like a minor correction

 

Not a correction

Simple lack of volume and volatility and then even a smallest move on a 5 minute chart looks significant. On a daily chart there is no change at all : trend is still a strong bearish

Files:
eurusd.gif  71 kb
 

Looks like a simple retracement to Friday level before the last down move (profit collecting that happened on friday?)

 
nbtrading:
Looks like a simple retracement to Friday level before the last down move (profit collecting that happened on friday?)

Yep, they stopped for now at exactly that level before the last 15 minute bars change from Friday

 

The GBPUSD is correcting above the 1.6600 level.

 
eurofreek:
Yep, they stopped for now at exactly that level before the last 15 minute bars change from Friday

Today we are not going to have any significant change. News are waited for later this week (news that can influence the rate). All what was published today was long knwn

 

As expected - no change. The little volatility added on London close when guys were closing piositions to wait the real start of the trading week and nothing else. Now all we can do is the same : wait till tomorrow

 

2.5 pips range in the last 2.5 hours. Does anybody else thinks that this is not normal any more? Something else is going on and we are not told what

 

Looks like market was sleeping yesterday, we are all waiting for ECB Thursday and NFP Friday...

Reason: