Eurusd/gbpusd - page 1816

 

Consolidation continued today for the EUR/USD in the form of a narrow range. The pair has been testing the support around 1.1280 but couldn't break below it. There's very little volatility at the moment and that might continue until next week.

 

Seems like Asian session will decide this time

 
victoriajensen:
Consolidation continued today for the EUR/USD in the form of a narrow range. The pair has been testing the support around 1.1280 but couldn't break below it. There's very little volatility at the moment and that might continue until next week.

I agree with you, correction movement continues.

 

I agree with you that the correction getting strong, thank you.

 

The Pound comes back down versus the Dollar and a possible visit to the 1.5000 level is possible.

 

US advance GDP data today will be used for profit collecting - other than that, the trend became unidentified this week

 

Since yesterday, gold has been slide-downed for about 200pips, most of traders caught this time to sell gold and made profits. what about you ?

now can buy at 1262, and place the order till next Tuesday.

Files:
42.jpg  204 kb
 

Advance GDP today - along with profit taking, that will decide the changes today

 

Position dumping before the news - now US news are taking over

 

Greek finmin refuses to talk to Troika - there will be some "nice" periods ahead for Euro in the next months

Reason: