Eurusd/gbpusd - page 2013

 

If London session pushes it up again, the next stop will be 1.1400

 
nbtrading:
If London session pushes it up again, the next stop will be 1.1400

There was a nice false breakout - HFTs working all over EURUSD

 
eurofreek:
There was a nice false breakout - HFTs working all over EURUSD

Wait for ECB minutes - that will be the trigger today.

 
searchingFX:
Wait for ECB minutes - that will be the trigger today.

Expecting further up move

 
nbtrading:
Expecting further up move

Correction down failed - now continuation of up move can resume

 

I wonder how much longer the GBP/USD range will last.

 

I see that there is still chance for he EUR/USD to continue the bullish trend as the pair kept over the support level at the 1.1098.

 

The worse case of all happened : it is back to day open. That is a sure sign that HFTs are in control

 

Long term bearish channel resistance is giving up. Currently it is short term resistance that we should pay attention to. Next resistance levels is at 1.1245

Files:
eurusd_13.gif  63 kb
 

Eur/Usd back to where it started, virtually no change today. The pair enter to a correction movement stage after hit a high of 1.1213 yesterday.