Eurusd/gbpusd - page 1508

 

Euro still testing the 1.38 level. It is a strong support in the last couple of days and will probably stay so for some more time

 

EURUSD can not be traded any more. N wonder that bankers are suicidal

 
eurofreek:
EURUSD can not be traded any more. N wonder that bankers are suicidal

Don't mind the bankers. But now traders are going to be extinct

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It all seems that they are preparing a new bullish run :

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eurusd_1.gif  40 kb
 

It does not look like a bullish run at the end of the day, but all is pointing to another did buying case that will happen soon. The decline in the price is too slow for a regular trading, and it looks like a case when someone is preparing the ground for a sudden push. More and more I believe that at least in on thing Draghi did not lie : that he was angry at the China for artificially keeping Euro high

 

Expectations from Obamas visit are showing the results. As everybody normal expected : nothing has changed and if some political parties thought that some new strong ties are going to be made, they were in for a disappointments. Now Draghi should downtalks the Euro not what he tried before this visit

 

Still 1.38 is levels acts like a support. Like EURSUD have hit the brick wall. Maybe two interventions. One from CB side and the other from the Chinese side (someone is dip buying for sure)?

 

50 pips in 24hours???/

Get serious EURUSD But at least we can buy scalps from the 1.3760-3750 support zone.

And damn the UK retail sales data, that was quite a push

 
Price Action Trading:
50 pips in 24hours???/

Get serious EURUSD But at least we can buy scalps from the 1.3760-3750 support zone.

And damn the UK retail sales data, that was quite a push

Dip buying too Glad to see that I am not the only one that thinks so

 

So far so good

Not even good US data prevents it from rebounding

 

Seems like it is over for today

The end of trading day is earlier and earlier each and every day

Reason: