- Today we do not see such an important news for EUR or GBP as before. Because today is a holiday and today is Monday, MARKET LIQUIDITY is a very short day. GOV. There is a Bailey Speak this week. They will be very important for GBP.
- EUR FEATURE is currently trading at 1.08255 LEVEL. We can expect a very DOWN TREND compared to the previous days. This is because of the fact that ECB offers very DOVISH CENTRAL BANK UPDATES. It is located below the EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.3026 LEVEL. The EURGBP PRICE is priced below the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit GREEM. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has a NEUTRAL BIAS. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF. This MARKET CONDITION status has managed to DOWN CURRENCIES AUD, NZD, GBP.
- The EURGBP PRICE can be UP up to 0.8303 LEVEL before UP. Then it can be DOWN to 0.8222 LEVEL. Then you can UP to LEVEL 0.8498. Also the MARKET SENTIMENT may change this week. RISK can be ON. So stay tuned for how the ECONOMIC INDICATORS and MARKET SENTIMENT change.
- EUR FEATURE is currently trading at 1.08255 LEVEL. We can expect a very DOWN TREND compared to the previous days. This is because of the fact that ECB offers very DOVISH CENTRAL BANK UPDATES. It is located below the EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.3026 LEVEL. The EURGBP PRICE is priced below the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit GREEM. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has a NEUTRAL BIAS. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF. This MARKET CONDITION status has managed to DOWN CURRENCIES AUD, NZD, GBP.
- The EURGBP PRICE can be UP up to 0.8303 LEVEL before UP. Then it can be DOWN to 0.8222 LEVEL. Then you can UP to LEVEL 0.8498. Also the MARKET SENTIMENT may change this week. RISK can be ON. So stay tuned for how the ECONOMIC INDICATORS and MARKET SENTIMENT change.