Eurusd/gbpusd - page 1902

 

I am hoping the Eurogroup meeting tomorrow might provoke some or we'd have to wait until next week before we see any changes.

 

This is a completely rigged market

The volume is so low that anybody can control it

 
nbtrading:
This is a completely rigged market The volume is so low that anybody can control it

Yep

Now they are playing with 1.0800 - lets see for how long it will hold and when are they going to go back to 1.0700

 
eurofreek:
Yep Now they are playing with 1.0800 - lets see for how long it will hold and when are they going to go back to 1.0700

When they push it a bit more up it will become a good selling opportunity. Monday probably, Now they are pricing in an agreement tomorrow (everybody is expecting that there will be an agreement)

 
searchingFX:
When they push it a bit more up it will become a good selling opportunity. Monday probably, Now they are pricing in an agreement tomorrow (everybody is expecting that there will be an agreement)

Tomorrow we shall see a nice big whipsaw once when the market realizes that nothing has changed and that the "decision" is postponed again

1.0000 here we come ... soon

 

ِِA slight progress today EUR / USD and tomorrow for our German Ifo business climate index with a positive outlook. May be we will see more up.

 
Abdul2012:
ِِA slight progress today EUR / USD and tomorrow for our German Ifo business climate index with a positive outlook. May be we will see more up.

Tomorrow is the Eurogroup meeting in Riga deciding about Greece. Al the rest is irrelevant

 
searchingFX:
Tomorrow is the Eurogroup meeting in Riga deciding about Greece. Al the rest is irrelevant

Greece is already being threatened by the USA not to sign a gas 1deal with Russia. Bearing in mind that the EU is charging them for the same thing, it is easy to predict who is going to bend tomorrow

 

The GBPUSD is still in a good sustainable uptrend, but it could find some resistance at the 1.5100 level.

 
nbtrading:
Greece is already being threatened by the USA not to sign a gas 1deal with Russia. Bearing in mind that the EU is charging them for the same thing, it is easy to predict who is going to bend tomorrow

Looks like they are going to sit on 1.0800 for a while

Psychological levels are not working well on days like this, but today it is logical to become a support/resistance (whichever side you look at). We shall have to wait for final decision

Reason: