EURUSD back under 1.1600 as sellers step up
We’re seeing some weakness in Euro pairs after all the data. EURUSD has fallen under 1.1600and there will be one eye on the recent low towards 1.1570.
EURGBP falling to 0.8837 from 0.8860, and indeed the overnight highs around 0.8880 has helped GBPUSD to a high of 1.3121.
EURCHF is off a touch to to 1.1618.
There’s no real news behind the moves but we’ll see if they continue with the next round of Eurozone data. We have the Sentix index followed by PPI.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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1.1600—-1.1570 is significant level… I think so if it breaks then we might fall further anyhow trend is sell the rallies in short term 🙂 I am very happy to see you here after Forexlive 🙂 You teaches us many things in Forex….
Thanks Ali, and yes, I agree with your levels 1.1580 is an important level here.
Hello Ryan
Been abroad for awhile lately so i have not been able to follow your site on a daily basis. Have you made any follow up articles about your personal eur/usd trade and what you have done or will do and trade it for the next days/weeks/months?
Would love to read more about your great call a year ago going long when everyone was yelling about parity. 🙂
Hi Stefan.
This was my most recent post. I took a bit more of the first time we tested 1.1600. https://www.forexflow.live/2017/10/11/news/is-there-still-room-to-roam-or-are-we-near-the-end-of-my-eurusd-long-journey/