Eurusd/gbpusd - page 1798

 

Long to short ratios before the market open :

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Small move up (1.1854 Bloomberg) but remember last week ...

 

No surprises this time

 

No gap, no surprise, I'm not sure the correction would continue for the coming week.

 

After eur/usd's recovery attempt on Friday, I suspect further recovery might follow, on the upside resistance lies at the 1.1900 level.

 

Long term support holding. Trend still remains bearish but we can not exclude a significant correction. Most important will be the rumors about ECB QE - that will be the main driver for Euro crosses

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The EURUSD has returned to the 1.1800 level and it could find some support around this level once more.

 

Morgan & Stanley expecting 1.23 ish levels before continuing down

 
nbtrading:
Morgan & Stanley expecting 1.23 ish levels before continuing down

Right now it is right at the long term support. If the support hold, then we can expect a bounce up

 

Ranging - now 1.1800 is being used as psychological support

Reason: