Eurusd/gbpusd - page 2235

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EUR/USD bounced off 1.0350 and moved to the upside again. It's currently testing the resistance at 1.0420 and a breakout above that resistance will probably lead to a further move to the upside towards 1.0460 - 1.0470. There likely won't be any major changes around the holidays.
 
Pause for the new years holidays. It will continue after the holidays
 
EUR/USD broke above the resistance at 1.0470. Next target is likely the next visible resistance at 1.0530, which coincides with the (MA)89 indicator on the four-hour time-frame.
 
Risk remains on the downside while more ranging movements are expected next week. Corrective move continues below 1.0500 level and immediate support zone can be found around 1.0400.
 
Merry Christmas and enjoy your holidays!
 
I wonder if someone will use the holliday dead market tomorrow for some juicy manipulation :)
 
Maybe this week market will quiet slow movement on holiday time during last year

gbpusd indeed if looking daily still having tendencies to bearish
 
Eur/Usd is almost trading flat around 1.0420/50 zone, on the upside strong resistance level can be seen at 1.0500 level, but with limited upside I'm expecting more sideway trading before the year end.
 
blackking:
Maybe this week market will quiet slow movement on holiday time during last year

gbpusd indeed if looking daily still having tendencies to bearish
The Pound pressure remain on the downside, next immediate support zone around 1.2220/30.
 
EUR/USD is consolidating sideways as it always does around the holidays. There's a shooting star candlestick on the daily time-frame below the resistance at 1.0500 and the pair might move to the downside towards the support at 1.0380 again, but there likely wouldn't be any major changes before the end of the year.
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