Eurusd/gbpusd - page 1772

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searchingFX:
It looks more like someone closing a big position in profit. See how the price was pushed down first - that is a sure sign of cleaning up before the push. When the momentum was lost, they simple exited. Market makers at money collecting job Don't forget that NFP is tomorrow : the stage is prepared for NFP now. Draghis lame speech and excuses why ECB is not going to do anything - again - is finished. We should expect continuation tomorrow. With usual FED data rigging, the clear bearish trend should continue : there are no signs of any change of it - not on a daily chart and not regarding the expected range of the bearish channel - all as usual

Now all eyes on NFP tomorrow.

 

lets pay close attention to a possible return to its downtrend on the EURUSD, becasue fundamentally it remains weak.

 

EURUSD is set to continue the bearish trend. Anything else after the NFP data would be a surprise

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searchingFX:
EURUSD is set to continue the bearish trend. Anything else after the NFP data would be a surprise

Looks like there is not stop on the way down for EURUSD now. ECB will not do anything before the next year - it is a clear signal what to do

 

Today is a slow day for the eurusd as I see.

 

All as expected :0

Have a nice weekend guys

 

The non-farm payroll today ruined Draghi's efforts from yesterday and the euro is once again in freefall. The EUR/USD bearish trend continues and the pair will likely reach 1.2200 sometime soon.

 

It seems we have the technicals and fundamentals on our side (the bearish side), 1.22 might be hit before the year end.

 
peeterwoolf:
It seems we have the technicals and fundamentals on our side (the bearish side), 1.22 might be hit before the year end.

Much before. We are probably going to have 1.2

 

The GBPUSD drops along with the EURUSD due to strength in the Dollar after the NFP report.

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