Eurusd/gbpusd - page 1908
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Maybe - now those 60+% short positions are closed on a fly
Now it looks more like bulls slapping EURUSD on each dip
Now it looks more like bulls slapping EURUSD on each dip
More and more rumors that FED rate hike will be delayed - if it is so, the correction first resistance will be at 1.1000
More and more rumors that FED rate hike will be delayed - if it is so, the correction first resistance will be at 1.1000
Now let see if 1.1000 will the the same resistance as the last time (if it will be a resistance at all)
EUR/USD finally reached the resistance at 1.1000. The question is now whether it will be able to break above it or whether it will form candlesticks that indicate a new move to the downside. I, personally, think that it will probably break above the resistance and reach at least 1.1050.
I think it will go straight through regardless of FOMC statement. Only thing that can prevent that is FED saying they will hike rates in May
Good gain for the EUR/USD and it continue the uptrend as shown in the 4h stick candles for the next target 1.1050.
Momentum is strong up now
Even a slight dovish remark from FED tomorrow and EURUSD will be catapulted up
Momentum is strong up now Even a slight dovish remark from FED tomorrow and EURUSD will be catapulted up
Range is so tight that this baby is going to blow up for sure
Range is so tight that this baby is going to blow up for sure
1.1000 holding for now. For how long - as soon as FOMC comes HFTs are going to jump at it like crazy
We are quickly approaching the next resistance - depending on the market reaction on FOMC statement (does not necessarily have to coincide in direction) we might see the long term resistance tested. Do not trade without stop losses.