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Indeed, range is continuing. The pair will probably reach 1.0800 again soon.
It bounced back. It is being kept in the 1.08 to 1.09 range
It bounced back. It is being kept in the 1.08 to 1.09 range
We shall see the next week, but this is becoming ridiculous
We shall see the next week, but this is becoming ridiculous
That is usual in the times of ranging
Directionless trading is the easiest and the hardest to trade. Easiest if you assume that it is directionless. Hardest if you are looking for a trend
That is usual in the times of ranging
Directionless trading is the easiest and the hardest to trade. Easiest if you assume that it is directionless. Hardest if you are looking for a trendI agree,
But what is ridiculous is the degree of control, which is more and more opbvious
I agree,
But what is ridiculous is the degree of control, which is more and more opbviousIt was always controlled - only we believed that it is not
That is the whole difference
Interesting events this week would probably impact these two pairs, so be careful.
Immediate support level at 1.0800 is still holding for now, break below could lead to 1.0700 zone.
For the last 2 months EURUSD is dirrectionlss. Witout some major news, it is not going to change. Trading using ranging rules : tight stop losses and tight take profits
It was always controlled - only we believed that it is not
That is the whole differenceWell, this time they are overcontrolling it - a state of panic
The pair is testing the resistance at 1.0900 again. If it breaks above that level it will rise towards 1.1000.