Eurusd/gbpusd - page 1985

 

Yellen telling in one sentence that they will hike rates and in next sentence she tells that they will not. Usual stuff - she told nothing

 

EUR/USD finally broke below 1.1000. Should it break below 1.9000 too we might see a further move to the downside to the support at 1.6000 visible on the weekly filter chart.

 

EUR/USD fell today as the US dollar strengthen against the Euro who loses his weight because of the Greece, the pair heading towards the lowest of the last week. testing the 1.0900.

 

I wonder what will happen when it gets clear that whatever is done in Greece (one way or another) did not change anything in the EU. Usual solution in the past was war. Who is EU going to fight against?

 
nbtrading:
I wonder what will happen when it gets clear that whatever is done in Greece (one way or another) did not change anything in the EU. Usual solution in the past was war. Who is EU going to fight against?

Greece folded 100% - "parliament" voted in favor of troika - one more step to what some people called "the end of democracy"

 

Greek parliament yes vote (referendum betrayal) caused a measly 20 pips "hike". Oh well ... betrayals are not as expensive as before

 

Despite Greek bailout package approval, bears are in control. Eur/Usd broke below 1.0920 testing 1.0900 level.

 
csc2009:
Despite Greek bailout package approval, bears are in control. Eur/Usd broke below 1.0920 testing 1.0900 level.

All that was already priced in. It is a question what will the market do next and so far it does almost nothing

 

Level 1.0900 becoming a support

We shall see what will happen after the Draghi speech

 

EURUSD is right back at the long term main bearish channel support. Range is as expected. In case of support break we can expect more volatility

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