Eurusd/gbpusd - page 2129

 

Market makers are starting to buy EURUSD. Anything can happen

 

Today it was no US session - tomorrow we shall see

 
eurofreek:
Today it was no US session - tomorrow we shall see

I don't think that there will be too much changes. The market is focused on commodities (their crush) not on forex right now

 
whisperer:
I don't think that there will be too much changes. The market is focused on commodities (their crush) not on forex right now

I agree - no change for now

 

It seems Eur/Usd is testing 1.0900 level again, but the pair is still trading within the range.

 

Range is getting tighter and tighter, but the more I look at the weekly time-frame and the hanged man and doji candlesticks formed there under the resistance at 1.1000, the more convinced I become that when range ends there will be a significant move to the downside.

 

There will be a big move - this can not range this way indefinitely

 

Something that looks like a pattern is emerging. Expecting more up pressure

Files:
eurusd_1.png  118 kb
 
searchingFX:
Something that looks like a pattern is emerging. Expecting more up pressure

Bears sitting near 1.10

 
eurofreek:
Bears sitting near 1.10

That is just normal ranging - no trend or bulls or bears there - market without the direction

Reason: