Eurusd/gbpusd - page 1965

 

Level 1.12 reached. Now let see how long it holds

 

EURUSD continues the sideways movement. It is still driven by political rumors, not fundamentals, and as such, it is very risky trade. Today the main answer all are waiting for is the IMF reaction to the latest proposals. Expect violent change in case of acceptance

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searchingFX:
EURUSD continues the sideways movement. It is still driven by political rumors, not fundamentals, and as such, it is very risky trade. Today the main answer all are waiting for is the IMF reaction to the latest proposals. Expect violent change in case of acceptance

Greek proposals refused ... the circus goes on

 
nbtrading:
Greek proposals refused ... the circus goes on

No use to follow the news about it

Troika wants Tsipras to resign - that is the only way how Podemos will be prevented to do the same as Greece. Troika is playing a very dangerous game and they are not even aware of it - a bunch of morons

 
eurofreek:
No use to follow the news about it Troika wants Tsipras to resign - that is the only way how Podemos will be prevented to do the same as Greece. Troika is playing a very dangerous game and they are not even aware of it - a bunch of morons

It is always like hat with political impact to market - unpredictable

 

Level 1.12 still the crucial level

It will stay like that as long as the Greek crisis is on

 

EUR/USD consolidating in a narrow range and in spite of the Euro recovery but could not break above the 1.1235.

 

As long as they are quarreling about Greece, the market is going to range. Which is perfect - difficult to lose in ranging market

 

Since Tsipras said his latest proposal had been rejected, talk will continue on Thursday. But with only six days left before Greece must repay €1.54 billion to the IMF, the clock is ticking.

 

The EURUSD stays dependent on the Greek talks. If no deal is reached the pair may break below 1.1200 or even the 1.1100.