Eurusd/gbpusd - page 1657

 
peeterwoolf:
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

 
searchingFX:
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

 
eurofreek:
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

Files:
eurusd_6.gif  71 kb
 

Same old thing : a whipsaw. Let see what will US unemployment claims bring to us later

 
eurofreek:
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

 
eurofreek:
Well now we know : this was data leak 101

Back to daily open. We have been played one more time

Reason: