Eurusd/gbpusd - page 1275

 

And now the usual Friday profit taking. All as usual

 
avi1:
day point trend gu--5238+up trend, 5222-down trend, 5230+- up/down trend .....eu -- 3036- down trend, 3048 +up trend, 3042+-up/down trend

day point eu--3042, 3036 was signal sell----2950 tp1 92p, tp2 86p, .....gu--5238, 5230, 5222, was signal sell-----5150 tp1 88p, tp2 80p, tp3 72p

 
avi1:
wish you all a green week

see week no. on post 12693 , posted once a week on monday , same no. trading all the week!!!!!!!!!

week no. 5169, was signalm sell------5150 tp 19p, ....eu week no. 2973, was signal sell---2950 tp 23p

 
avi1:

see week no. on post 12693 , posted once a week on monday , same no. trading all the week!!!!!!!!!

week no. 5169, was signalm sell------5150 tp 19p, ....eu week no. 2973, was signal sell---2950 tp 23p

week no. 2948, 2952 was signal buy---- later week no. gu-,5140,5150,5169,was signal buy---

 

Finishing EURUSD right in the middle of the daily range. Classical Friday profit collection helped with a bit of stop loss hunting

 
avi1:
week no. 2948, 2952 was signal buy---- later week no. gu-,5140,5150,5169,was signal buy---

( )

eu stop out 2996 tp1 48p tp2 44p, ....gu stop out 5194 tp1 54p ,tp2 44p, tp3 25p .....to all have a great weekend

 

Once again, the 85-days moving average has limited the upside of EurUsd ... it will be like this at least until Thursday.

 

Here is the graph that shows how we are close to a primary bottom on the Cable. The lower part represents the net short of speculators

Files:
gbpusd_3.gif  115 kb
 

The usual start of the week ratios overview for all the majors.

Files:
ratios_1.gif  18 kb
 

It will be ranging again - there is nothing new that would move EURUSD anywhere significantly

Reason: