Eurusd/gbpusd - page 1935
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Volatility hit the 2015 lows. Looks like the same scenario like last year summer us ahead of us. And that would men a prolonged period of ranging (despite the ECB QE). Level 1.1000 is critical level (not the level 1.1100)
Same range on EURUSD for 4 days. And level 1.1100 did not allow break for 4 days. It is going to bounce up
Profit collecting, strong support, week ens : all equals to a bounce up
Depends how much?
Profit collecting, strong support, week ens : all equals to a bounce up Depends how much?
This was a surprise : 200 pips out of nothing. This was a massive stop loss hunting. And 1.1100 gave up
This was a surprise : 200 pips out of nothing. This was a massive stop loss hunting. And 1.1100 gave up
Level 1.1100 was just a very short term support. Level 1.1000 is the real support. It was a strong resistance in March and the beginning of April. That is the level that should be watched
We still have left Yellen for today (in an hour)
But she seems to be priced in this time
As the USD strengthen, the EUR/USD testing the 1.1100 after falling from the 1.1200 level today, I thing the bullish will be next week.
It is about to test 1.1000 again - we sha;; see how strong a support that levels on Monday (I don't think that anything serious will happpen today, but who knows ...)
They will sit on 1.10 now and wait Monday
Judging from Yellen speech it will be all about rate hikes again
EUR/USD is currently testing the support at 1.1010, if it manages to break below that level next week the pair will likely continue descending at least until it reaches target 1.0800.
Two times it bounced back from exactly 1.1000. Third attempt prepared eight now