Eurusd/gbpusd - page 1781
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Waiting for FOMC statement
For now all looks as usual in the last period - resistance have held yesterday. Today we might see a change in any direction. If the resistance gets broken the change could be quite big, Caution with trading recommended - FOMC statement is again depending on a couple of words and that can always go either way
Waiting for FOMC statement For now all looks as usual in the last period - resistance have held yesterday. Today we might see a change in any direction. If the resistance gets broken the change could be quite big, Caution with trading recommended - FOMC statement is again depending on a couple of words and that can always go either way
Very true, anything is possible.
I am out
Not going to trade this FOMC statement (when it is going to be political, not economical)
I am out Not going to trade this FOMC statement (when it is going to be political, not economical)
You are right : if you take a look at current news all that you shall find are "how hard Rouble is hit" punchlines - nothing about some normal reasons that could cause FOMC to do this or that. This is not a tradeable FOMC statement
One more "leak"
EUR/USD couldn't break the resistance at 1.2570 and started descending again. That said, I think the movement to the downside is just part of the correction. I think the pair will break below the support at 1.2250 and continue the bearish trend in January.
I agree with your point of view Victoria, thank you.
The usual whipsaw designed to collect as much money from retail traders as possible. Stop loss hunting 101
Gbp/Usd today reversed sharply from 1.5700 and test year lows.
The free fall continues. The forecasted 1.22 is closer and closer
But that also reminds of one thing : if market makers are forecasting something, we should keep in mind that they are probably going to make it happen