Eurusd/gbpusd - page 2101

 
whisperer:
EURUSD went directionless No trading day so far

Perfect for scalping : whenever it closes to 1.06, selling

 

A further move to the downside is inevitable, but range may continue until the ECB press-conference or the US change in Non-farm Payrolls later this week.

 

ECB will be priced in for 4 days. There will be no surprise

 
eurofreek:
ECB will be priced in for 4 days. There will be no surprise

Trend is clear down trend. We shall need something BIG to change that

 
searchingFX:
Trend is clear down trend. We shall need something BIG to change that

The end of decline is not in sight yet. We might see 1.00 by the new year

 

Very likely, I set my target at 1.0550, break below it would open the door to 1.04 level.

 
csc2009:
Very likely, I set my target at 1.0550, break below it would open the door to 1.04 level.

Spme bouncing to be expected during the week - the usual before the storm ranging

 

Trend continues as usual. Pre-big decisions bouncing normal. Use the mini corrections for new entries. Trend remains bearish

Files:
eurusd_7.png  115 kb
 

Level 1.06 is a significant level again (like 7 months ago). We shall see what happens next. Last time everybody was expecting further fall down.Instead it went ranging

 
eurofreek:
Level 1.06 is a significant level again (like 7 months ago). We shall see what happens next. Last time everybody was expecting further fall down.Instead it went ranging

Level 1.06 holding for now. Wonder for how long it will be a resistance?

Reason: