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They are the bottom of a double bottom right now. Waiting to see if it breaks or rebounces
Flat line for the last 5 hours. Asian session is not going to make a decision if it is a double bottom or not
15 pips range in the last 12 hours.
:):)
Not even HFTs can trade this
15 pips range in the last 12 hours.
Profot collecting started early this Friday
Now it starts to look like an established bearish trend without a defined support line for now
And now they are finishing the profit collecting
ECB not doing anything, EUs biggest worry is natural gas right now - don't believe that there will be any change in the trend that started
And now they are finishing the profit collecting
Yep, the profit collection is finished. The price went back right to the day open - all in all nothing was bought or sold today
Wait
:):)
Now HFTs are going to try to squeeze some more out of it
Wait
They squeezed 10 pips from the daily open
Oh well - a coffee for the weekend
It is incredible : whenever Draghi speaks he always tells the same thing "ECB Ready to Act on Downside Inflation Risks" and then they do nothing. Does he know any other sentence or that is the only one he remembered from a high school economics 101 classes?
Yesterday he did it again : Draghi Says ECB Ready to Act on Downside Inflation Risks - Bloomberg
He is payed to do so
What they tell officially and what they are doing for their employers are two different things