Eurusd/gbpusd - page 1927

 
eurofreek:
Last hour is a mechanical price control 101 - no un-rigged market will provide that pattern

No, it is a result of a "liquidity providing" HFTs

 
nbtrading:
No, it is a result of a "liquidity providing" HFTs

Soon they are start to make drawings with algos on charts

 

It seems dollar recovery didn't last, eur/usd manage stay above 1.1400 level, next psychological resistance level could be found at 1.1500.

 

The EURUSD stays strong, it looks like a trend change is being confirm long term.

 
fxstrategist:
The EURUSD stays strong, it looks like a trend change is being confirm long term.

As short pause (or profit taking) under way

We shall see today

 

EURUSD moved to the upper part of the long term bearish channel . Critical price is 1.15. If it gets broken, we can tell that officially the bearish trend is over

Files:
eurusd_11.gif  61 kb
 

Bulls siting at 1.1350 - if it does not break that level, it will bounce up again

 

EUR/USD couldn't break above the resistance at 1.1440 and is currently in retracement. That said, I think the rally isn't over yet and the pair will continue testing the resistance until it manages to break above it.

 

Front runners

 
nbtrading:
Front runners

Profit collecting

Wait till algos turn on now and go way up again

Reason: