Eurusd/gbpusd - page 1894
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Profit collecting - maybe 1.1 tomorrow
EUR/USD is still testing the resistance at 1.0740 - 1.0750 that coincides with the 89(MA) and so far there's no signal it's about to move to the downside, but I doubt we will see a break above that level today.
I agree with you, Waiting for a clear signal is fair.
Tomorrow it will be the usual Friday profit collecting - that could bring some change
All forecasts are that EURUSD will be 1.0000 very soon. Any peak up should be considered as a selling opportunity (with proper risk calculation of course). It does not matter if Draghi tells that he is pleased with QE - the purpose of QE is not to make Euro stronger - the purpose of QE to to make the rich even richer
That sounds about right.
I agree with you, Waiting for a clear signal is fair.
Next resistance at 1.0800 psychological level, break above 1.0825 can lead further upward movement. Let's wait for a clear signal.
Very tight Asian session range. Price right at the long term resistance. Anything can happen today. Use stop losses whatever you do today
Very tight Asian session range. Price right at the long term resistance. Anything can happen today. Use stop losses whatever you do today
Resistance holding - but all will depend on US news today again
Classic : when nothing else works, do the dead cat bounce act. Brokers are on the roll, take care guys
Profit collecting goes on - unless there will be some big surprise with the US news. 1.08 level is gone for some time - it is a support now
Profit collecting goes on - unless there will be some big surprise with the US news. 1.08 level is gone for some time - it is a support now
Don't forget the HFTs - in the last days they always did at least one wave