Eurusd/gbpusd - page 1709

 
nbtrading:
If tomorrow US unemployment data comes in good, 1.27?

Yep, that's what we are expecting, 1.27 is not too far away from us.

 

We have quite a few US datas tomorrow, if all goes good, the Euro is going to be destroyed.

 
peeterwoolf:
We have quite a few US datas tomorrow, if all goes good, the Euro is going to be destroyed.

Or they are going to use any news for another move

A lot of large banks and funds are starting to be bearish on Euro - after Goldman Sachs forecasted 1.2 it was not looking serious, but knowing that Draghi is a Goldman Sachs man, things start to look differently

 

We are at the turning point for EURUSD. Levels bellow 1.27 were last seen in 2012. No need to tell what does it mean for EURUSD if it goes bellow that level

Files:
eurusd_9.gif  72 kb
 

Here we go Let see if 1.27 is going to be broke today

 

It is at lowest in the last two years. next stop is 1.2 (if this is broken)

 
eurofreek:
It is at lowest in the last two years. next stop is 1.2 (if this is broken)

For a moment 1.27 is a strong support. It will take more to break it

 
nbtrading:
For a moment 1.27 is a strong support. It will take more to break it

Waiting for US news. We might see that break today if US news align good

 

Not only did EUR/USD break below 1.2800 but it reached 1.2700 and broke below that level. Now the question is what happens next. Will this pair continue on its way down or will we see some correction first?

 

I don't think that we shall see a significant correction any time soon

Reason: