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These 30 pips were brutal
EUR/USD continued sinking today. Next target is likely 1.06, but I am not seeing any obvious strong levels of support on the way to parity. I think it's just a matter of time before the pair reaches 1.0000.
You are right, eur/usd keep making fresh low today, so far I can't see the end of the bearish movement.
You are right, eur/usd keep making fresh low today, so far I can't see the end of the bearish movement.
I agree, further losses now look possible.
The GBPUSD stays below the 1.5100 level and it could go lower to the 1.5000 level.
Forget about any trend line - EURUSD is in what is called a classical bubble burst. Nobody can tell you for how long the plunge will last and there are no support or resistance lines at a moment. Momentum is disastrous and it will not stop any time soon
If EURUSD continues like this it will be pair this month - by the end of the year it will be far bellow 1 (remember what will happen when FED hikes rates)
If EURUSD continues like this it will be pair this month - by the end of the year it will be far bellow 1 (remember what will happen when FED hikes rates)
I agree, there is no end in sight yet.
I think we have a pulled back above 1.06 level, despite the bullish attempts eur/usd remains increasingly bearish.
Greek negotiations +QE : equals a disaster for Euro
EUR/USD reached and broke below 1.0600 without even slowing down. The bearish trend is as strong as ever and I am starting to suspect the pair won't stop falling even when it reaches 1.0000.