eurofreek
2927
eurofreek  
searchingFX:
Let see what FOMC will bring us

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

myname
3231
myname  
eurofreek:
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

myname
3231
myname  
nbtrading:
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

eurofreek
2927
eurofreek  

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)

myname
3231
myname  

I agree with 1.29 but 1.2 is just in a case of a major crisis

Alexander Londono
802
Alexander Londono  

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.

juan de dios
2000
juan de dios  

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

eurofreek
2927
eurofreek  

We are entering ranging period again. With some profit taking tomorrow, maybe there will be some stronger retracement

juan de dios
2000
juan de dios  
eurofreek:
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

[Deleted]  

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