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It is set to go up (HFTs are still active)
Hate to say : "I told it"
Obvious data leak - nothing new
Hate to say : "I told it" Obvious data leak - nothing new
Or it was a hit on a cluster of stop losses (see that all happened in less than a minute)
Or it was a hit on a cluster of stop losses (see that all happened in less than a minute)
Nope. It was a data leak 101
Now it will be interesting to see what happens on Monday
A real correction or another "opportunity to sell" used by market makers
They are out of the market - the hell will break on Monday (whatever happens today we can count that when the market makers jump in the market on Monday, a sharp reversal can happen)
So far 1.100 level still holds, but like you said a sharp reversal could happen on Monday.
Yes. 1.1000 hold. I would not recommend to anybody to jump on a bullish EURUSD boat - we are very far from that stage yet
The EUR/USD tested the 1.1000 and returned back to move under that level today. what a strong resistance level. Let us see how the pair will manage to break about it next week.
The EUR/USD tested the 1.1000 and returned back to move under that level today. what a strong resistance level. Let us see how the pair will manage to break about it next week.
4 times that it tested level 1.1000
It really is a strong resistance
4 times that it tested level 1.1000 It really is a strong resistance
when it repeatedly tests a level like that, then it is either a big break or a final rebounce and then trend continuation. We shall see in the next couple of days