Eurusd/gbpusd - page 1896

It seems that we are going back to level 1.1000 . There was no visit to the 1.0500 level - this time we are probably going to see the break of 1.1000 and a good correction

searchingFX:
Long term resistance holding - looks like the trend will still remain bearish and that this is a good selling oportunity

Totally agree with you there.

csc2009:
Totally agree with you there.

Morgan Stanley has a large sell order at 1.0900

searchingFX:
Morgan Stanley has a large sell order at 1.0900

They are planning a narrowing range (it was 1.0500 to 1.1000 before - now they plan 1.0600 to 1.0900)? That looks like a dead-cat-bouncing

eurofreek:
They are planning a narrowing range (it was 1.0500 to 1.1000 before - now they plan 1.0600 to 1.0900)? That looks like a dead-cat-bouncing

Yes

And don't forget that Draghi started with the " no reasons to short Euro" speeches. Something is prepared

searchingFX:
Yes And don't forget that Draghi started with the " no reasons to short Euro" speeches. Something is prepared

Draghi with his usual ranting. He is trying to prevent panic in case that no deal with Greece is reached. This week will be all about that. For now it is :

Ongoing talks are not expected to produce a deal for the approval of euro zone finance ministers at their next meeting in Riga on April 24 as progress is painfully slow.
nbtrading:
Draghi with his usual ranting. He is trying to prevent panic in case that no deal with Greece is reached. This week will be all about that. For now it is :

Expect increased volatility - but in some range for now - as long as some final decision is not made

Long to short ratios before the market open :

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searchingFX:
Yes And don't forget that Draghi started with the " no reasons to short Euro" speeches. Something is prepared

That might cause a gap

eurofreek:
That might cause a gap

Small gap for now : 1.0822 (Bloomberg rates)