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The (MA)89 indicator on my W1 chart is at 1.1300 at the moment, and it usually is a good indication for a support or resistance level, so I agree that there's a support level there. That said, you were right that there was no double bottom. We'll see how it will develop.

That sort of opulence is hard to pull off and make it look tasteful, unfortunately.

EUR/USD did break out below the double bottom at 1.1570 but it was only briefly and now it is back above the support. Clearly the sideways consolidation continues.

The US retail forex market, one of the largest in the world in volume, continues to shrink, shows a recent survey conducted among 8000 US traders. According to the results, the number of retail traders as of August 2017 was around 85 000, or at least this is how many placed at least one trade...

Very sleek and modern place.

There is a double bottom at 1.3030 as well as an inverted hammer bar on the D1 time frame. The pair will possibly start rallying again, as both of these formations are a signal for a move to the upside.

EUR/USD is testing the support at 1.1570. It may be forming a double bottom at that level and if that is the case we will likely see a new move to the upside.

Objectively speaking, $2,495 million is a lot of money, but this house looks like it should cost a lot more.

I understand the logic of daylight savings time and I understand why it's necessary, but at the same time it's so hard to get used to it every six months.

I, personally, like the watch, but $17,7 million for a watch seems a little over the top to me.

This is horrifying. Most of us associate this disease with the Middle Ages and aren't at all aware that it has never fully gone away.

I meant below 1.3030. My apologies, I was also looking at the EUR/USD chart.

The Indian government is considering the closure of the local cryptocurrency exchanges in an attempt to curb money laundering. The local cryptocurrency community was expecting some sort of regulation and legalization of the exchanges, instead of an eventual ban, and expressed their...

GBP/USD dropped sharply after the NFP data announcement, but so far there is no breakout below 1.1575 and there may not be one before the market closes today for the weekend.

EUR/USD is testing 1.1670 again, which is the resistance of the sideways range. Frankly, I doubt there will be a breakout before the NFP, but then again, stranger things have happened.

The sideways consolidation continues, apparently. We'll probably have to wait for the NFP tomorrow to end it.

I am not surprised, it looks like a very classy place in a good neighbourhood.

Cats are truly fascinating creatures. All my life I've had a cat and I wouldn't change that experience for the world.

Well, it is rallying again for now. It climbed to 1.3280 and even rallied above that to 1.3320, although it still hasn't tested the last high at 1.3337. A breakout above that level could lead to a rally to 1.3400 again.

EUR/USD is consolidating above 1.1570 for a third day now. A breakout below that support could lead to a drop to 1.1400.