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Eur/usd is making a new low today, it will be interesting on Thursday. Tomorrow, we don't have much to look forward to, I guess it will just trading within the range then.
Agree 100%
Not too much is going to happen tomorrow
Bearish trend continues. Today we can count on this kind of ranging - tomorrow ECB press conference will show much more
Somebody already knows what will tomorrow Draghi tell.
EURUSD on target for 1.3294. See Daily Forex Trading Outlook on
Interesting : dip buyers and profit collectors pushing Euro up
Interesting : dip buyers and profit collectors pushing Euro up
That is just a normal day closing somewhere in the middle of the daily range. Orders are closed- ECB press conference is not a good stimulus to keep orders opened
If I have to guess ECB "leaked" what will Draghi tell tomorrow
Bearish trend continues. Today we can count on this kind of ranging - tomorrow ECB press conference will show much more
Agree, that's exactly what's happening today and what might happen tomorrow.
All is as usual after all. Some talks about $3 billion worth Yen futures buying that might have cased this last change, but if $3 billion was capable to do that, we would see that each and every day. Looking at the daily chart it is clear that the bearish trend is intact and that the current price is right in the middle of the current week range. Which is completely normal to expect before ECB rate decision and ECB press conference tomorrow
Business as usual ...
Guys check the weekly bar : 50 pips from high, 50 pips from low