Eurusd/gbpusd - page 1918
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EUR/USD moved to the downside but that movement was very short-lived because the pair couldn't break below the support at 1.1060 and rallied again, breaking above the resistance at 1.1260. I think correction will continue for the foreseeable future and the pair will likely reach 1.1700 - 1.1800.
EURUSD is back right in the middle of long term bearish channel. Anything can happen now
The EUR/USD gained more than 200 pip today, waiting for the closure above the resistance at 1.1260 to confirm the end of the bearish trend.
1.1400 here we come, Eur/Usd hit fresh high around 1.1360 next psychological level is at 1.1400 level.
This was as strong support in January and February
This was as strong support in January and February
Yes, but this time it is becoming obvious that FED will not do anything from the promised
200 pips in a day like this - what shall be on a nfp day?
Well, at least we know what are we expecting on Friday.
Gbp/Usd still remain positive, prices are above 20 sma, but tomorrow could be a bumpy ride for Pounds.
Same thing all over again and again : super tight Asian session, and then as soon as European session starts, it is launched up.
Long term main bearish channel central point becomes a pivotal point for EURUSD now. If some of the FED data comes in "on a wrong foot" we might see another attempt to break it. For now, EURUSD is back where it should have been : in a regular bearish channel