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Level 1.1100 is not going to give up just like that - it needs some additional push
It was a very quick bounce from daily low - looks like bulls sitting bellow 1.1100
It was a very quick bounce from daily low - looks like bulls sitting bellow 1.1100
Back to daily open - first attempt to break 1.1100 was unsuccessful - depending on US data we might even not see a new attempt
Back to daily open - first attempt to break 1.1100 was unsuccessful - depending on US data we might even not see a new attempt
That is all part of pre US data ranging. I think the whole week will be like that
That is all part of pre US data ranging. I think the whole week will be like that
Long term support held. This time there will be no easy break of either support or resistance
We shall see after ISM now what will happen
We shall see after ISM now what will happen
For better than expected ISM this is almost no reaction
For better than expected ISM this is almost no reaction
Fundamentals are ignored for a long time
All is driven by HFTs
EUR/USD in my opinion will keep on consolidate in this level till Friday and we will see some violate after the US data ( the Nonfarm payrolls and the Unemployment Rate )
NFP will be rigged - downwards, Currency war takes no prisoners
Fundamentals are ignored for a long time All is driven by HFTs
Very true, fundamentals are almost been ignored today, Eur/Usd is probably going to consolidate between support zone 1.1055/1.0990 and next line of important resistance zone 1.1267/80 before Friday.