Quote from Amber40:
sometimes it is better not to search any logic behind the moves...the day that moody's downgraded 12 U.K. financial institutions was also the day that NFP came out 103k (vs 50k expected); gbp/usd climbed around 150-160 pips...
Quote from brisvegas:
awesome geometry eurusd , doesnt get much easier than this really , forget the news , price is the only thing thats real
Quote from antelope:
True, true, but I think there is now a good chance of a major downside move breaking the channel. A close below 1.315 this week could ignite a panic sale to 1.285 in a wiff.
ECB primary and secondary bond buying not effective any longer. Like being on methadone after cocaine.
