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Asian session started as yesterday : with a push up Looks like they are slowly getting rid of dollars and buying euros
They are finishing the session with a push (first they got it down). But the range is way to tight for anything conclusive - all will depend on news (and on NFP tomorrow ultimately)
Well, NFP is shifted and profit collecting replaced it. Probably the real reaction to NFP will be at Monday
Only some big surprise can revert this profit taking now
And NFP will count on Monday only (and will, in a low volume it will be tomorrow) much better not to trade - HFTs are bound to whipsaw the market tomorrow
Despite good US data, Euro rising. Massive profit taking before the holiday (nobody wants to be surprised by NFP data)
We might see a break of 1.0900 today
seems like HFTs are taking advantage of low volume to make biggest "splash" in otherwise low volume trading stream
seems like HFTs are taking advantage of low volume to make biggest "splash" in otherwise low volume trading stream
This is a pure HFT mess
We shall see on Monday what happens
This is a pure HFT mess We shall see on Monday what happens
The whole day US data is better than expected
Of course that those are HFTs and profit securing before the holiday NFP. Nobody believes that NFP will be better than expected
As expected, with a low volume and profit collection, EURUSD bearish resistance was revisited today. Tomorrow with even lover volume we can expect some more manipulation (regardless of the NFP data - it is going to be used as a trigger by algo trading) so do not be surprised if the resistance is broken tomorrow, but the deciding will be what happens on Monday not tomorrow
Weekly change : 0 pips. The target is reached