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Seems like market is preparing for a new wave of longs
Some analysis are clearly showing that this is a simple consolidation. What Draghi told was simply used to execute the consolidation. We need some confirmation, but the story that yet another story that Draghi have told is now believed in is not plausible
Draghi is playing a very dangerous game
If they do not do what he told that will be an H bomb - that volatility I would like to see
Draghi did it again! So, what's next?
:):):) Draghi did it again! So, what's next?
Yes. And there are more and more articles like that. It took only two days to make people think that Draghi is not telling the truth - again
Yes. And there are more and more articles like that. It took only two days to make people think that Draghi is not telling the truth - again
We came to a stage when we are estimating if Draghi is lying again or not - instead of following the fundamentals. Twisted economics at its best (worse)
That is all the usual - see what Yellen did the last time. They are not capable telling the truth any more (and they are not hired to tell the truth). But that should give us an edge. Knowing that they are never telling the truth gives predictability
nbtrading posted Oanda's ratios. These are Saxo banks ratios before the official market open :
No gap. Current rate 1.3759 (Bloomberg)
Looks like we are back to same Asian sessions as before. We shall be able to see if EURUSD gas lost the momentum only when London session starts
One more dull Asian session. Not even good enough for some scalping. Will have to wait for a London open