Eurusd/gbpusd - page 1680
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A doji candlestick formed in the daily EUR/USD filter and the price started climbing. That said, I think it's prudent to wait for Draghi's press conference tomorrow before making any decisions.
A doji candlestick formed in the daily EUR/USD filter and the price started climbing. That said, I think it's prudent to wait for Draghi's press conference tomorrow before making any decisions.
If it only was not depending 90% on politics now
Today we saw that all are ware what bad the politics is doing to EU (Euro) and still I don't thing that tomorrow we shall hear anything that will not fit into political decisions that are now made all over the world
Politicians sneaked their way into forex too, and that means only one thing : forex will not recover
Cease fire has been brushed off. Whipsaw has been completed. Now we can wait super Mario and his eternal "whatever it takes"
And they are - as usual - going to close in the middle of the daily range
And they are - as usual - going to close in the middle of the daily range
They were pushing equal hourly ranges (algo trading doing its work). The end will probably be daily open
This change had nothing to do with data
Ukrainian president stated that he agreed on a permanent case fire in a conversation with Putin, while Putin minutes later told that he did not agree on anything since Russia is not a part of any armed conflict. All those changes were based on pure political gossip - a very bad "indicator"
Be careful : the very bad data for Euro is yet to be priced inAlthough the information has not been confirmed yet as 100 percent accurate, it has already sent eur/usd higher to 1.3160. Also we need to take another data source into account,EU Commission might propose a new round of sanctions against Russia in the afternoon.
Today seems the resting day for the eurusd .... ?
Just like yesterday and Monday, we are all waiting for the ECB tomorrow.
Just like yesterday and Monday, we are all waiting for the ECB tomorrow.
A funny thing came to mind : what if nothing happens? Russians ans Chinese are not buying dollars or euro now, so what would happen - US buying euro and EU buying dollars
A funny thing came to mind : what if nothing happens? Russians ans Chinese are not buying dollars or euro now, so what would happen - US buying euro and EU buying dollars
Swiss bank is going to buy like crazy - they are already doing it : night buying is their preferred modus operandi
We are in a middle of support and resistance. Trend is a strong bearish but ECB press conference is clearly going to be a decider today. If you want to trade today, do it with caution. Whipsaws highly likely