Eurusd/gbpusd - page 1481

 

Support still holding. Tomorrow only home sales. Probably there will be no big changes any more

 

GBPUSD is consolidating in a range, in my opinion. We need to see a break before considering selling. I am watching 1.6630/20 level for a break.

 

They are completely in the dark regarding EURUSD - nobody is trying to move the market any more. Really seems that something that we do not know is prepared to be done

 
avi1:
later week no. 3753, 3733, 3724, () was signal sell-----

stop out 3690 tp1 63p, tp2 43p, tp3 34p

 
avi1:
stop out 3690 tp1 63p, tp2 43p, tp3 34p

later week no. 3693, was signal buy--- ()

 

If it was not for the last 1/2 hour the range would be a whooping 5 pips. This all looks like an cb intervention(s)

 

They are simple retesting the support line now. But without any big news (housing news are not exactly "big news") we can expect it to slide sideways

Files:
eurusd_1.gif  41 kb
 

I think that profit collecting might push it down later today

 

Buffet stopped selling data - no more profit collecting :):):)

 

Support is holding on. After all they were just following the natural bullish trend already established in the past couple of weeks.

Reason: