Eurusd/gbpusd - page 1887

 
eurofreek:
So Euro will decline for the next 4 years?

I hope not, but all the facts are pointing into that direction

 

Long to short ratios before the market open :

Files:
ratios_2.gif  24 kb
 
searchingFX:
I hope not, but all the facts are pointing into that direction

Well I hope so too

 

No gap for now (1.0595 Bloomberg rates)

 
eurofreek:
No gap for now (1.0595 Bloomberg rates)

It is going for the Friday low - 1.0586

 

Gap closed as fast as the market opened. Asian session is not going to decide on its own. Wait London open

 
searchingFX:
Gap closed as fast as the market opened. Asian session is not going to decide on its own. Wait London open

Yep. Too early to say anything

 

Greece is back again, Greece need to pay out govenment salaries and pensionsthis week, and end of week to submit a comprehensive proposal of reforms for the Eurogroup meeting on the 24th.

 
searchingFX:
Gap closed as fast as the market opened. Asian session is not going to decide on its own. Wait London open

Yep, gap filled during the 1st trading hour, so far still holding above 1.0600, still maintain strong bearish tone.

 

The trend is a clear bearish. Not a sign of change in sight

Reason: