Eurusd/gbpusd - page 1853
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We all should count on momentum. Once it reaches 1.00000 there is no way that it does not go bellow it. But then starts the danger zone. From 0.99999 there will be some wild volatility (up and down, profit collecting from some larger order holders will make EURUSD jump around like crazy)
Goldman Sachs forecast : down too 0.8 (in 2017)
Trading long will not be wise for some time
Long to short opened positions ratios before the official market open :
1.0487 at open. It continues bellow 1.0500
There will be a gap : 1.04620 (and falling down fast now_
Looks like a recovery will be attempted
Looks like a recovery will be attempted
Looks like level 1.0500 is on agenda today
Looks like level 1.0500 is on agenda today
Oh yeah
Quick gap close and 1.05000 that became the resistance in the meantime - the fall continues
Good support for the GBPUSD at the 1.4700 level, but the downtrend is still in place. Lets see if it keeps dropping.
Well, the mini correction is here