Eurusd/gbpusd - page 2128

 
eurofreek:
It will remain in the range. It is already back to 1.09

Yes. The same old end of the week stop loss hunting.

Oh well. Nothing have changed

 
whisperer:

Yes. The same old end of the week stop loss hunting.

Oh well. Nothing have changed

Yes, the usual con. And they were preparing it for the whole week

 

Expect more ranging next week - no news that could change EURUSD too much

 

There is a small gap now on EURUSD

 

1.0900 level for the EURUSD has been a resting area, price may come out of consolidation in any direction.

 
fxstrategist:
1.0900 level for the EURUSD has been a resting area, price may come out of consolidation in any direction.

It was broken - Asian session does no like that level

 

Directionless trading of EURUSD continues. We are still facing strict ranging trading - no trend is valid now. Trade according to neutral trend rules : close stop losses

Files:
eurusd.png  118 kb
 
searchingFX:
Directionless trading of EURUSD continues. We are still facing strict ranging trading - no trend is valid now. Trade according to neutral trend rules : close stop losses

I agree, ranging continues for now, on the upsdie the pair could test the psychological resistance level at 1.100 level again.

 

Range continues for yet another day and EUR/USD is testing the support at 1.0890 after it bounced off 1.0990. If it breaks below the support it will probably fall towards 1.0800 again.

 

The range is getting tighter - it is going to be broken