Eurusd/gbpusd - page 2184

 
Waiting for a further decline today
 
1.1210/20 zone seems fading away, the pair is well remain it's bearish territory and continue to decline. Or it could probably just be the correction movement ahead of Reuters/Michigan index and speech by J.Yellen.
 
Here we go - Friday never fails :)
 
EUR/USD is moving to the downside again but Janet Yellen's speech a little later today might change that. I'll wait and see the effect of it before I open any positions.
 
''Rate hike is appropriate in the coming months” said by Yellen cause sharp increase demand for the dollar. strong bearish trend continues, next step will be testing 1.1100 level.
 
csc2009:
''Rate hike is appropriate in the coming months” said by Yellen cause sharp increase demand for the dollar. strong bearish trend continues, next step will be testing 1.1100 level.
Or lower. There is no stop now
 
Interesting move last week in both pairs.
 
EUR/USD bounced off the support at 1.1100 but that is likely just a temporary setback, especially considering the shooting star and doji candlesticks on the one-hour time-frame. The pair will likely test the aforementioned support again soon.
 
victoriajensen:
EUR/USD bounced off the support at 1.1100 but that is likely just a temporary setback, especially considering the shooting star and doji candlesticks on the one-hour time-frame. The pair will likely test the aforementioned support again soon.
Same old same old. Not expecting anything significant - just US closed market setback
 
victoriajensen:
EUR/USD bounced off the support at 1.1100 but that is likely just a temporary setback, especially considering the shooting star and doji candlesticks on the one-hour time-frame. The pair will likely test the aforementioned support again soon.
Agree, bearish trend is still intact, downward decline looks like a staircase in the chart (daily). Break below 1.1100 probably lead to further decline and open the door to 1.10 zone.
Reason: