Eurusd/gbpusd - page 2025

 

Even though the short term support is broken today, new support should be watched. Currently the level to watch om a downside is at approximately 1.1050. On the upper side it should break level at approximately 1.1340 to confirm faster then expected correction

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eurusd_6.gif  63 kb
 

Seems that this "crash" was artificially cause. Somebody has made a lot of money on it

 

Today level 1.1200 served as a support (to the pip - long live the HFTs )

With the GDP data from today, it is not likely to stop declining

 

Liquidity is terribly low. I am out. Who can - get out

 
searchingFX:
Liquidity is terribly low. I am out. Who can - get out

HFTs drained the liquidity - now only sheeple that does the trade hope left

 

With this kind of range, tomorrow will be hellish London session

 

Squeeze day. Profit taking ahead

 
nbtrading:
Squeeze day. Profit taking ahead

Profit taking already started. Maybe it will get out of control - HFTs may misunderstand the Friday profit taking as a strong signal for buy

 

EURUSD close to a psychological level 1.1300. If it does not fall towards 1.1250 (or bellow) expect another attempt to 1.1300

 
searchingFX:
EURUSD close to a psychological level 1.1300. If it does not fall towards 1.1250 (or bellow) expect another attempt to 1.1300

We shall have to wait for the news

Reason: