Eurusd/gbpusd - page 1989

 

This was a strong support. We need to see if it gets broken

 

The EURUSD may find a good support at the 1.0800 level, but the bearish trend is still in place.

 

25 range - again the pressure is building up

 

EURUSD is following the long term bearish channel support. No signs of any big change - we are probably entering a summer lull. FED is going to have a big announcement, but only in the next month : the market is probably pricing in the expected FED rate hike

Files:
eurusd_15.gif  62 kb
 

It is all about gold today. EURUSD is out f the focus now

 
eurofreek:
It is all about gold today. EURUSD is out f the focus now

Chinese made some waves with gold today

 

EUR/USD is still testing the support at 1.0820 and it looks like it may bounce off that level for now. I expect a further move to the upside to the resistance at 1.0880 before the pair attempts to break below the support again.

 

EUR/USD reversed from the 1.0880 resistance level today, and moving close to the opening point, but what i see from the calendar of this week that it will be quite calm.

 

Tomorrow no US or EU news - almost sure EURUSD will be manipulated tomorrow using rumors

 
nbtrading:
Tomorrow no US or EU news - almost sure EURUSD will be manipulated tomorrow using rumors

Ranges are becoming the same as last summer - liquidity has vanished from the forex market

Reason: