Poor liquidity markets overall but in certain price levels (eurusd, eurjpy, usdjpy, gbpjpy) there is too much. Hard to get in trade when machines take over. Something should crack this clumsy trading.

EURUSD

About NFP, If job numbers are bad which is supposed because of unwinding Yen positions yesterday, dollar index will take 100 pips move down from highest price 81.60 - 80.60 to likely find first support. Means that Eurodollar shoots up to test 1.3319 ...

EURUSD

There is Asia session between, should move Yen pairs after todays European trading. I think todays Dollar selling against Yen leaves a mark.

EURUSD

Hmmm....couple of hourly closes above 40 and some are shorting below? Hmmm.

EURUSD

Eurusd is really boosted now, 3319 is the key. Ah, what will tomorrrow bring Tomorrow is critical if usdjpy goes below 95. For eurjpy critical point is a bit below 125.

EURUSD

3319 matters. This is Yen related, eurjpy must hit 127.50/60 before eurusd turns or alike. Dollar index wasted......cant remember have i ever seen such a drop on a single day.

EURUSD

Yea and funds. Stops were triggered on usdjpy, dollarindex and cable and maybe some other. Thats enough.

EURUSD

Well, that is not the whole truth. Eurusd is around 28% daily turnover and usdjpy is 2nd biggest with 17%. 3rd gbpusd with 14% share. (these numbers may have changed a bit, this is from 2011 or something) Of course if some buy eurusd, some ...

EURUSD

I know that its not short yet, need to test Tokyo closing time (not exchange, meaning Thursday turning to Friday) on usdjpy. 98.29 should hold or it will see 98 during US i think. It may trigger stops on dollarindex. When it bounces well, can look ...

EURUSD

Maybe. Range must be widen for tomorrows NFP and get good support to possibly run those stops what you likely refer to May high.

EURUSD

Current hourly should close above 65 indeed and there is likely continuation at proper point to 90/95 later during US session. All i see now is positioning for spike on Yen crosses. Tokyo will turn to Friday after this hour.

EURUSD

Ok, they just kept selling usdjpy below daily open price and bought eurjpy massively. But hey, result is the same on eurusd. Only does matter negatively by this assumption if trading yen crosses.

EURUSD

Nice nice. Thanks for contributing.

EURUSD

There is exceptionally good chance for big whipsaws via eurusd and usdjpy today. Critical point and i see usdjpy weakness so first leg to get stops below 98.85 down to at least 50/60 (maybe 98.00/10) which makes eurusd to take stops above ...

EURUSD

Yea, 60's have been playing big role for few years.

EURUSD

So, big lines for today's news are 1.3040(75) - 1.31(05)40/60. Most safest places to find reverses or breaks.

EURUSD

Market is consolidating at highs. It could break upside (1.3141 and 60) but i dont see any interest to do it yet not saying it needs to wait BOE and ECB news though. Anyway, if pair gets hourly close below 1.3115/17, i see immediate threat to break ...

EURUSD

Watch out, usdjpy may drop hard ie eurusd rockets up sooner than later. Eurjpy may have done its bottom today already

EURUSD

Need this current 1hr/4hr BST close above 1.30947 to see confident further up. EDIT: Next hour is 4hr close BST, my bad.

EURUSD

Had to be done this way to clear orders above at 1.3106/10. Now when usdjpy support from orders has been cleared, this pair likely will go up to 1.3160 later on. Of course if 1.3060 cracks, 3160 target is not likely for today anymore, more likely ...

EURUSD