Eurusd/gbpusd - page 1924

 

It was so obvious that it will go up

 
eurofreek:
It was so obvious that it will go up

Usual ranging - we are in a ranging market

 

Ranging withing the long term bearish channel. No trend change so far - we have to wait the main bearish channel break up for an eventual trend change signals

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That was again stop loss hunting - see how 1.1200 was broken.

Now they don't have shorts in sight and are making room for sheep to open more short positions

 

Greece defaulting, no volume at all, rigged as hell - I would not touch this thing today, not even with a stick

 

EUR/USD failed to break below the support at 1.1130 and consolidation continues. Whether or not the doji candlestick on the weekly filter chart is a signal that the pair will move to the downside again remains to be seen.

 

If the price breaks 1.12 now, the visit to 1.11 is a must

 
nbtrading:
If the price breaks 1.12 now, the visit to 1.11 is a must

I don't think it will happen tonight. It would then be same as last night, and they are avoiding repeating patterns

 
nbtrading:
Greece defaulting, no volume at all, rigged as hell - I would not touch this thing today, not even with a stick

Maybe that's wise.

 
nbtrading:
If the price breaks 1.12 now, the visit to 1.11 is a must

According to analyst at JP Morgan, keep long position in Eur/Usd for a potential test of 1.15.

Reason: