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Looks like you were right Waiting
The awareness that ECB is not telling their actual intentions is becoming a common knowledge. It is just a matter of time when it will cause a major burst. Euro have surved its purpose. The question we all should ask ourselves : who has benefits of still keeping Euro and what would that same one do to keep havong benefits (profits) from the same. The answer is easy if we simply take a look at fundamentals and the states of the EU zone individual countries economies
Daily range 25 pips.
Back to normal. Waiting next ECB member that will tell something they will not do and what will be used by HFT to make an artificial move.
Man, this is a flat line not a market
The market is dead
The GBPUSD stays consolidated just below the 1.6900 level. We may see a drop to the 1.6800 level, if that happens, then we may see a bounce to the upside from that level.
we finally got some volatility - 5 pip changes
only scalpers can trade in this market
Even in this tight range they are using the whipsaws to stop loss hunt. Nothing have changed - except the ranges
EURUSD going down with momentum. Short is the way!!!
Bundesbank gave an OK for QE. that is the cause for the rate change
Thank you, again good analysis.
Level 1.37 is a strong support for now. Probable revisit of 1.37 during the day