eur/usd
Draghi's speech have weakened eur against major counterparts.
Eur/usd move 90 pips down and consolidated above 1.3110. Tomorrow's non farm payroll release will be an important release.
Stick to your rules
Yesterday's jobless claims data came better than expected which strengthened usd against other currencies. Today retail sales data from U.S will be important to watch. Any good numbers would take the pair down to somewhere near 1.3230.
The good or ill of a man lies within his own will. – Epictetus
Starting from around 1.3350, eur/usd crossed 1.3500 after Fed decided NOT to change current bond puchase policy. I dun think it is going to end sooner and we may see another bullish wave next week. At the moment it is moving side-ways.
Nothing special today. Eur/usd remains almost untradeable today.
It moved in a strict range of around 50 pips. Long term trend remains bullish.
The good or ill of a man lies within his own will. – Epictetus
I am expecting today to be another bearish day. I think it is due for more correction.
I thought, eur/usd will end sideways movement after GDP and jobless claims data but weaker GDP and stronger jobless claims data made it range-bound again. It is really tricky and not predictable, for me at least.
Eur/usd remained bullish today but still moving within range of 1.3460 to 1.3570. This whole week, it moved sideways. We may see slightly bearish trend next week.
Stick to your rules
Eur/usd gained a little yesterday but remained below last week's high. So it is still range-bound which seems to continue.
The good or ill of a man lies within his own will. – Epictetus
At last eur/usd is out of range after bernarke's speech. It is steadily going up to next resistance level of 1.3660 and then may reach 1.3700.
As expected, eur/usd is moving steadily upward. It remained well below resistance level of 1.3660 due to mixed U.S data. Bullish sentiments r strong but I think it will not reach 1.3700 this week.