Eurusd/gbpusd - page 2269
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EUR/USD is consolidating sideways slightly below 1.1900. The fundamentals tomorrow may push the pair above that level.
I agree, short term correction movement does not change the bullish trend, once the pair break above 1.19 level, next target would be 1.20.
NFP and Jobs data in less than three hours. Interesting to see how it goes, i'm calling better than expected.
EUR/USD dropped significantly after the fundamentals today, from 1.1890 to 1.1728. Considering how bearish the pair still is it may reach 1.1700 again next.
EUR/USD is really having a good time as this has definitely so far been the year of the Euro.
EUR/USD is retracing after the big move to the downside on Friday, but the drop may not be over yet, especially considering the spinning top candlestick that has formed on the four-hour time-frame at 1.1810.
Over the weekend, news showing UK is prepared to pay up to €40 billion divorce bill. The uncertainty around Brexit negotiation bring the pair towards the downside and found support level at 1.3000.
EUR/USD briefly broke out below 1.1725 today though it has currently retraced above it again. The move to the downside will likely continue and the pair will probably reach 1.1700 - and may even break out below that level.
EUR/USD finally bounced off from 1.1690, but considering the impressive shooting star candlestick that has formed on the weekly time-frame at the resistance at 1.1910 this could be just the beginning of the move to the downside.
EUR/USD continues consolidating sideways above 1.1700 and that consolidation might continue until the end of the trading week unless the fundamentals cause some greater volatility.
The GBPUSD is consolidating just below the 1.3000 level, from this point on the pair may take any direction. To the upside, the 1.3100 level or the 1.3200 level could act as a resistance. To the downside, the 1.2900 level or the 1.2800 level may act as supports.