Eurusd/gbpusd - page 1316

 
eurofreek:
Looks like one more ranging day ahead of us. Everybody is waiting FED.

Seems you were right

 

short up trend

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eurusdh4.png  50 kb
 
avi1:
later week no. 3248, 3263, was signal buy-----

stop out 3300 tp1 52p, tp2 37p, later week no. 3304(+-6-9p)enter 3297 sell----

 

Bad news for the Cable. 1.5440 is a level where wave C = wave A, the oscillators are overbought .... I think that the Bank of England will reserve some nasty surprise for Thursday.

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cable.gif  41 kb
 

We shall have to wait for FOMC statement. It is obvious that nobody wants to make a move before it

 
searchingFX:
We shall have to wait for FOMC statement. It is obvious that nobody wants to make a move before it

Same as yesterday. Ranging, ranging, ranging. You are right : now nobody has the guts to make any move before the FOMC

 

Don't know about you guys, but I am off

Asian session before FOMC is always a bad idea to trade so I am skipping this one

 

If the FOMC was priced in already, the chances are that we are going to see a whipsaw today

 
avi1:
stop out 3300 tp1 52p, tp2 37p, later week no. 3304(+-6-9p)enter 3297 sell----

olso week no. 3263 was signal sell-------

 
avi1:
olso week no. 3263 was signal sell-------

olso week no. 5344 was signal sell------(yesterday).......

Reason: