Eurusd/gbpusd - page 1792

 
eurofreek:
It already started - with a free fall

This is not a free fall - yet

Now Euro will have its black Friday

 
nbtrading:
This is not a free fall - yet Now Euro will have its black Friday

If FED changes the rate, then it will be the black Friday

 

EUR/USD reached 1.2000, but I think it will drop even lower and reach 1.1950 or even 1.1900 before correction begins.

 

In the coming months we might see something similar to S&P : irrational market with no signs of becoming rational

 

I believe with bearish strength we have right now and with the selling pressure, the current path will continue down.

 
csc2009:
I believe with bearish strength we have right now and with the selling pressure, the current path will continue down.

Yes, but is it oversold?

 

Long to short ratios before the market open :

Files:
ratios_1.gif  24 kb
 

No gap (1.2003 Bloomberg rates)

EURUSD 63% long -> algos are in perfect position to push the price down. Waiting for next "unprovoked" fall of Euro

 

no gap? 1.1957 on my platform

* 2 min later: below 1.19

 
asaens2:
no gap? 1.1957 on my platform

It happened in the last second before the open

1.1936 on my platform. See what happened to Bloomberg prices :

Files:
gap.gif  22 kb
Reason: