Eurusd/gbpusd - page 1652

 
eurofreek:
Looks like I was wrong - they shifted to other symbols already

After all I was not wrong :):)

 

A bunch of bears were waiting at 1.3430. That was a quick before-the-weekend pocket filling

 

EURUSD went right to the resistance. It was expected that sooner or latter it will test it, and US government decision just made it easy to resistance testing happens. All in all 15 pips bearish change this week per moment in a 100 pips range week - what we have expected - ranging again and again

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Waiting last second today to see what are they going to do this time

 

Nothing happened this time

Could have saved some time

 

Wow, we had Friday surprise yesterday, who is complaining about low ranges now?

 
csc2009:
Wow, we had Friday surprise yesterday, who is complaining about low ranges now?

Yes, but we had US bombing Iraq too. And the market is calculating that this time US must print even more money to be able to go through that. Range was not a result of economy or regular forex trading.

 
nbtrading:
Yes, but we had US bombing Iraq too. And the market is calculating that this time US must print even more money to be able to go through that. Range was not a result of economy or regular forex trading.

In the long run that should bring $ up (wars always bring $ up - they get rid of outdated arms and the military industry gets new jobs)

 
eurofreek:
In the long run that should bring $ up (wars always bring $ up - they get rid of outdated arms and the military industry gets new jobs)

You are probably right, but this time it is not just about Iraq. Nobody, but nobody knows what the real intentions on Iraqi bombing is this time - take a look at the borders of it and the Caspian sea. So, nobody is sure where the politics of "localized wars" is leading this time and will it be "localized" at all

 

Already plains started to "fall" in neighboring countries - FED is going to run the printing machines at maximum. We might look at trend change