Eurusd/gbpusd - page 1791
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Looks like a lot of traders got a nice holiday present today. Quite a few were betting on wrong side today hoping that market makers and HFTs are going to rest today. People are soooooo predictable
I am chilling today so happy new year everyone
Well, this was quick - no bottom at sight
We are entering the S&P like trading zone. I wonder how many will get busted because of that
EURUSD is in the lower bearish trend channel part. These are times of extremely low volume - extremely easy to manipulate rates. What we are seeing is probably one of those cases - but we have to wait a couple of days to see if it continues like this (using the inertia). Keep your stop losses tight (whatever you do)
Draghi talking the Euro down - just to show that nothing has changed in the new year
Draghi talking the Euro down - just to show that nothing has changed in the new year
Just imagine how many counter trend trader lost their accounts in the last couple of months
The EUR/USD bearish trend continues. The pair will soon reach 1.2000 and will likely continue falling until it reaches target 1.1950, perhaps even 1.1900.
It is going to break 1.2
After that the next target is 1.1
Let us wait till next week and see how is the year will start.
It already started - with a free fall