Eurusd/gbpusd - page 1738
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The cause for the last downwards price change for EURUSD was clearly the BOE rate votes - even an indirect news is used for EURUSD now. The EURUSD is in interesting position now : it shifted into the primary bearish channel and it looks like it has every intention to stay in it for some time. The 1.2750 resistance battled the attempt to be broken - now we have to wait for further bearish trend continuation confirmatio
We had a bearish confirmation today - now lets wait for FED statements that will try to push the Dollar down again
We had a bearish confirmation today - now lets wait for FED statements that will try to push the Dollar down again
No speeches tomorrow - German PMI - Euro goes down even more
We had a bearish confirmation today - now lets wait for FED statements that will try to push the Dollar down again
Yes, and the price is close to the long term support. From all we see, this is the bearish trend continuation : this time ECB won
No speeches tomorrow - German PMI - Euro goes down even more
Prices are very near 1.2630 level, but it seems struggle to take out this level today, with German PMI tomorrow we might see breakout.
Prices are very near 1.2630 level, but it seems struggle to take out this level today, with German PMI tomorrow we might see breakout.
German PMI is going to kill that level : no way it is not going to be used for another push down
More loses on the Euro could be expected, especially if Eurozone's fundamentals fail to support the single currency.
Today is an important day - major support is going to be retested again. After what seemed to be a major correction, it gave up alomst all the gains. Today we can see what the long term trend will look like
Well we are going to have to wait a bit more for 1.200
Well we are going to have to wait a bit more for 1.200
First 1.2500
It will have to break the 1.2500 level first for more downside movement. It mostly depends on ECB and FED rumors now - German PMI was good but hardly made any difference
First 1.2500
Now be careful for the rest of the day : US unemployment claims due to come. The odds that they are going to beat last week data are slim : last week data was exceptionally good. We might see some more up movement during the day