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Tomorrow is another day filled with data, I can almost see the price will be like roller coaster.
Yep
Low liquidity, HFT trading + news leaks == what we saw today
Guys, just don't forget that tomorrow is GDP day for Euro
All hell can brake lose
Guys, just don't forget that tomorrow is GDP day for Euro All hell can brake lose
If it happens like with US GDP then it will be some day
An in the end - nothing
No volume at all
An in the end - nothing No volume at all
I think 2 things are decisive :
1. level 1.3350 proved to be a strong support for now
2. the fact that Yellen stated that rates are not going to be hiked by FED for a long time places $ in the same zone as Euro - weak.
Looking back, August is a ranging month. Minimal bearish continuation that we had seen was just an inertia (momentum) and the steam is out
Same old thing : a whipsaw. Let see what will US unemployment claims bring to us later
Same old thing : a whipsaw. Let see what will US unemployment claims bring to us later
All seems like US unemployment data leaked
EURUSD had its chance with lousy GDP data but did not come close to its 1.333 low. On the other side, it came close but did not test 1.34, above which key lower tops levels and rthe3 20 day mva reside. See details and levels to watch in my Daily Forex Trading Video
Forex Trading Outlook for August 14, 2014 - YouTube
Well now we know : this was data leak 101
Well now we know : this was data leak 101
Back to daily open. We have been played one more time