Eurusd/gbpusd - page 1774

 

Looks like a ranging day today. No clear position for a sell

 

Mondays tend to be slow for the EUR/USD pair, but I think the bearish trend will continue. The current target is around 1.2200.

 
victoriajensen:
Mondays tend to be slow for the EUR/USD pair, but I think the bearish trend will continue. The current target is around 1.2200.

Long term target yes - but today it is a typical ranging day

 
searchingFX:
Long term target yes - but today it is a typical ranging day

Yes, you are right it is a target for long term.

 

Average daily range was "produced" thanks to algos - now we ca wait for trend continuation

 
nbtrading:
Average daily range was "produced" thanks to algos - now we ca wait for trend continuation

Now every news (even the smallest) will be used as a trigger

 

Not quite go as low as 1.2200, but it did touch 1.2250 and bounced back, would we see 1.2200 before end of the week? I think it's a possibility.

 
eurofreek:
Looks like a ranging day today. No clear position for a sell

Probably it carry on ranging today too.

 

The GBPUSD tries to rally, but as the EURUSD the pair remains in a bearish trend.

 

Today seems that the EURUSD is going to continue the bearish trend.

Reason: