Eurusd/gbpusd - page 1996

 

EURUSD is going to go up again - no room to go down - not enough longs

 

No gaps

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Market sentiment is still bearish imo.

 

This thing is dead (EURUSD) There was a 10 minutes period when the price remained absolutely the same - never seen it in EURUSD

 
nbtrading:
This thing is dead (EURUSD) There was a 10 minutes period when the price remained absolutely the same - never seen it in EURUSD

They are waiting to see what will ECB do tomorrow (the Greek stock market issue)

 

With the FOMC on Wednesday, dollar will take the centre stage this week, it will put the pair's bullish tone to a test.

 

Pressure for correction up will remain - FED will not hike rates

 
eurofreek:
EURUSD is going to go up again - no room to go down - not enough longs

The number of longs decreased. Counter trend traders on the run. If we think of 50:50 positions opened as a place where the price is fair, we are far from ending the long run

 

EURUSD is testing the long term bearish trend resistance. These ranges are expected in cases of low liquidity and high symbol control - expect more volatility as long as the market is as manipulated as it is right now

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No clear direction on the GBPUSD so far, the pair just keeps oscillating around the 1.5500 level.

Reason: