Eurusd/gbpusd - page 2020

 
searchingFX:
Short term resistance has been tested. I am expecting next test (probably already today) Level to watch : 1.13 (as resistance and as psychological level)

1.13 resisting so far

 
eurofreek:
1.13 resisting so far

If it hits a cluster of stop losses or buy orders, it will hit 1.14 in no time

 
nbtrading:
If it hits a cluster of stop losses or buy orders, it will hit 1.14 in no time

It was so obvious ...

 
nbtrading:
It was so obvious ...

It became obvious that FED is lying all the time

 

The EUR/USD rose up and another 100 pip for today but the resistance level at 1.1377 rejected the pair's momentum . Happy weekend for you all and Vacation for me

 

My broker closed at 1.13847 : we can say that t reached 1.14

If it breaks 1.14, the bearish trend is over

 
eurofreek:
My broker closed at 1.13847 : we can say that t reached 1.14 If it breaks 1.14, the bearish trend is over

Now it only depends how fast the Eur recovery will be

 
nbtrading:
Now it only depends how fast the Eur recovery will be

O yeah - trend change here we go

 
eurofreek:
O yeah - trend change here we go

Short term resistance is broken, We need some confirmation (breaking the 1.14 level too) but the odds are that you are right. We shall see next week. It will be an extremely volatile week (don't forget that the liquidity is still low)

Files:
eurusd_1.gif  63 kb
 
eurofreek:
O yeah - trend change here we go

Now we are looking for next resistance is 1.1410 and finally my target 1.1436.

Reason: