Eurusd/gbpusd - page 2120

 

It is moving up again

 

Due to the lacked momentum, the pair is trading in a narrow range with immediate resistance level at 1.0945 and on the downside support level is still at 1.0900.

 
csc2009:
Due to the lacked momentum, the pair is trading in a narrow range with immediate resistance level at 1.0945 and on the downside support level is still at 1.0900.

20 pips range : the new year "present"

 
eurofreek:
20 pips range : the new year "present"

:)

we should be happy that it is not 10 pips - if the way the year ends shows how will it start, next week we can rest too

 

It seems that despite the holidays and the low liquidity of the market EUR/USD did break below 1.0900. The next support is at 1.0820.

 

Despite the pair broke the support level 1.0900 extend range to the downside, the pair still remains in a tight range. Happy New Year, everyone!

 

It was doomed for one last stop loss hunting this year

 
eurofreek:
It was doomed for one last stop loss hunting this year

That was natural profit securing by some of the big players. Wait for it to come back into long after the holiday

 
searchingFX:
That was natural profit securing by some of the big players. Wait for it to come back into long after the holiday

For a happy new year

 
whisperer:
For a happy new year

Depends on the side a trader was stuck, but yes, a happy new year to all

Reason: