Eurusd/gbpusd - page 2004

 

Allegedly cluster of buy orders at 1.0990 to 1.1000

 
eurofreek:
Allegedly cluster of buy orders at 1.0990 to 1.1000

Seems not enough liquidity to move more than 40-50 pips a day now

 

Today was a painfully slow day and there's little reason to believe anything will change before the US NFP on Friday.

 

EUR/USD continue the bearish trend and next point will be the 1.0850 support after the 1.08950.

 

If it continues down, next support is at 1.0800

 

Eur/Usd broke below 1.0900 level, bearish trend continues the pair could find next support level at 1.0869.

 

EURUSD Last Down in Point 1.08256

 

Again the tight range. Let see the ADP and ISM - that can change that range a lot

 

At a first glance it looks like EURUSD is heading down. But with ADP and ISM todayh and NFP tomorrow, anything is possible. Cautious trading recommended (as before any NFP day)

Files:
eurusd_7.gif  63 kb
 

With FED crazy about jobs stats, even ADP is going to be treated like NFP

Reason: