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I don't think that it will bring anything significant. Most is already priced in. Probably a nice little whipsaw and then we all can go to sleep peacefully
All stopped. You are probably right that there will be a whipsaw. I am out of the market
All stopped. You are probably right that there will be a whipsaw. I am out of the market
Well, not all was priced in. Current price is 10 pips lower than the previous low today. Not much, but they are simply adding to down trend
I don't know about 1.2 but breaking the 1.3 is more and more sounding as a normal thing. Long term support was 1.29 (weekly charts)
I agree with 1.29 but 1.2 is just in a case of a major crisis
It seems like it will be very difficult for the Euro to try to correct vesus the Dollar, especially if the US fundamentals keep coming out strong.
Finally a minimal correction. Keep in mind that we are in a strong bearish trend and that it takes much more for a trend change. Peaks selling recomendable
We are entering ranging period again. With some profit taking tomorrow, maybe there will be some stronger retracement
We are entering ranging period again. With some profit taking tomorrow, maybe there will be some stronger retracement
Everybody waiting for Jackson Hole bring and what kind of statements are the bankers going to make there. That is the market mover now. Yellen is set to speak tomorrow
Will defense set in ahead of Yellen' speech as EURUSD targets 1.3100-05. See Daily Forex Trading Outlook on Forex Trading Ouitlook for Aug 21, 2014 - YouTube
US Unemployment claims may add some life to EURUSD, but I doubt that there will be too big a change