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The EURUSD has started the session with high volatility, it seems like the Greek situation is still preventing the pair from going higher.
Back to square one : all the positions dumped. Nobody wants to risk. I am sick of the rumors
Back to square one : all the positions dumped. Nobody wants to risk. I am sick of the rumors
They are starting to exchange funny words. Like "we will never surrender" and similar. Like kids playing the war games
They are starting to exchange funny words. Like "we will never surrender" and similar. Like kids playing the war games
And now Draghi is talking-the-talk
The circus is complete today
And the market thinks that Geece will acept that. Why would they change one loan shark for another? Plus ECB that would be buying the debt with freshly printed - non existent - fiat money - that must be good for Euro. The markets are becoming irrational - as in any summer
And the market thinks that Geece will acept that. Why would they change one loan shark for another? Plus ECB that would be buying the debt with freshly printed - non existent - fiat money - that must be good for Euro. The markets are becoming irrational - as in any summer
That is the perfect way for ECB to sell worthless money and to keep Greece in debt slavery : ECB becoming political 101.
That is the perfect way for ECB to sell worthless money and to keep Greece in debt slavery : ECB becoming political 101.
Isn't that what all they do : IMF, ECB, FED, SNB, BOE, ... instruments of keeping the "peasants" calm while the "elite" does what it wants
EUR/USD rose today to 1.1294 and seems to be the next level to be tested is the 1.1300 resistance level.
There is a constant presence of HFT dip buyers (since long positions ar still in minority - 37.34% Oanda data right now). We are being used for EURUSD manipulation
Eur/Usd is trading in a bigger range between 1.1100 and 1.1370, the pair found some buying interest that sent this pair back above 1.1250, next resistance level can be found at 1.1290.