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Guys, US and EU sanctions are ridiculous. Those are just meant to be news headlines and nothing else. As usual, they are just playing a political (read lying) games. Come on : blocking personal accounts for a few people that already withdraw anything they had on those accounts the moment they heard about referendum is a "sanction"
Those "sanctions" are not going to influence anything in forex
Everybody talking about EURO and Crimea so : no changes at all. That was all arranged in advance
If we take a look at the chart, nothing have changed
All is within expected support and resistance. Neither was broken - as if nothing significant happens
Support is been tested now. I do not believe that it will be broken (unless something unexpected happens). Still a normal bullish trend
Some forecasts are predicting this growth of EURO all the way up to 1.45
GU M15 on a nice harmonic buy at the moment.
Rapid moves however
Frontrunung again. This is 1 hour before the news release. Makes me wonder how much an hour is worth these days
Putin speech
It is obvious that there will be no conflict nor more sanctions - hence EURO goes up (it is EU that depends 30-40% in energy from Russia, not USA)
The GBPUSD pair is feeling the heat in the short term. The pair is trading lower and closer towards the 1.6560 support level. A break below could take the pair lower, and create a bearish pressure. The impact of the risk sentiment has been huge in the pair, and it looks like the gains will be limited in the short term. Anyone looking forward to buying dips in the pair?
Support still holding - by its fingernails. Likely that it will go into sideways market now
19 pips Asian session
It is the same as EURCHF some time ago. Not possible to trade. The Chinese have learned their lesson : they are not allowing to be used for overnight correction any more