Eurusd/gbpusd - page 2198

 
In that case it will go well bellow 1.10
 
EUR/USD reached 1.1180 as I thought it would but it also bounced off of it immediately and now the pair is back in the zone between 1.1130 - 1.1150, forming a tight range, as it has done since Friday.
 
Euro is taking a dive. Market makers have decided :)
 
whisperer:
Euro is taking a dive. Market makers have decided :)
And the dive continues
 
EUR/USD dropped to 1.1035, but today it also formed a spinning top candlestick above the support at that level on the four-hour time-frame, so I think we can likely expect a new move to the upside.
 
No reaction to FOMC yet?
 
Eur/Usd remains just above 1.1100 level after the FOMC minutes, let's see if 1.1100 holds, next target would be around 1.1160/70 zone.
 
GBP/USD barely moved after the FOMC minutes, trading just above 1.29 level, failed to regain 1.30 level, next support zone can be found around 1.27/26 zone.
 
Level 1.110 turned into resistance. It needs a reak if some recovery is going to be seen
 
It's caught in a tight range and it's testing the resistance at 1.1100 but I doubt we will see any major changes before the NFP tomorrow.
Reason: