Eurusd/gbpusd - page 1592

 

If we look at the daily chart, what happened yesterday and today is no surprise at all - it was prepared for a whole week :

There are no surprises in this

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eurusd.gif  70 kb
 

And now we are exactly at the same place as one week ago

Again in a ranging period?

 
searchingFX:
And now we are exactly at the same place as one week ago Again in a ranging period?

Seems so. A slow rise to 1.3620 tonight and in the morning here we go again

 
eurofreek:
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again

Algo trading

 
eurofreek:
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again

I think so too, let's see tomorrow then.

 

lets see if the 1.3600 acts as a support now that it has been broken on the EURUSD, but the 200 day EMA is acting as a good resistance.

 
eurofreek:
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again

And here we go again

New tight ranges games

 
eurofreek:
And here we go again New tight ranges games

Probably one more 1.36 bounce up (no news today - depends on rumors)

 

It will have to be a big rumor to move this one significantly

Friday + football + no volatility + no volume = bad combination for safe trading

 

What a nice little fake breakout. I hope that nobody actually thought that it is happening. No breakouts today guys

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