Eurusd/gbpusd - page 1628

 
eurofreek:
I was hoping for more reaction - news were important. But nothing is going on

Not even after Philly - 20 pips range for eurusd. Daily range

 

That is it for today. A small fake break out and nothing else. It is just showing that the volume dropped again after the last changes

 
eurofreek:
That is it for today. A small fake break out and nothing else. It is just showing that the volume dropped again after the last changes

All is getting set up for another 1.35 break attempt

 
nbtrading:
All is getting set up for another 1.35 break attempt

Tomorrow : a bit of profit collecting, a bit of stop loss hunting (pause is for that - to allow the naive to set their stops) and a bit of HFT and there it will go

 

Still there was no trend change conformation. Level 1.35 is holding for now. It has to be broken to have a confirmation of a final trend change

Files:
eurusd_14.gif  70 kb
 
eurofreek:
That is it for today. A small fake break out and nothing else. It is just showing that the volume dropped again after the last changes

Yes, that's for today. It looks like no breaking 1.35 today, we may see it tomorrow or just simply range around the 1.3540 - 1.3520 regions.

 
eurofreek:
Tomorrow : a bit of profit collecting, a bit of stop loss hunting (pause is for that - to allow the naive to set their stops) and a bit of HFT and there it will go

Yep, just like any other Friday, we should not expect much.

 

If they hit a cluster of stop losses there will be a break

I do not see clusters of buy limits (very slim odd for that)

 

The GBPUSD keeps forming what it appears to be a bullish flag. Lets see if the pattern is confirmed and if the price does continue going higher.

 

Still no change. If that couple of pips bellow 1.3520 were the attempt to break 1.35, then it was a very feeble attempt. Volatility is out of EURUSD market again

Reason: