Eurusd/gbpusd - page 2028

 

we are again in a period pf orders collecting - before they unleash the HFTs

 

Looks like the 1.1300 level is the next resistance for the EURUSD.

 

Today there will be no looking backs. London session will only add to EURUSD

 

Bullish level forming. Next resistance to watch : 1.1350

Files:
eurusd_7.gif  63 kb
 

Today liquidity is minimal volatility is maximal - expecting EURUSD to close at the middle of the daily range

 
eurofreek:
Today liquidity is minimal volatility is maximal - expecting EURUSD to close at the middle of the daily range

Almost there (heading there again) - but this looks like a false breakout. China changes got ignored very quickly again

 

The positive economic data in the Eurozone lifted the EUR/USD today too and i see that it will moves up this week.

 

Short term bullish channel unbroken - expecting ranging within that bullish channel. Support at 1.070, resistance at 1.1350

Files:
eurusd_8.gif  63 kb
 
fxstrategist:
Looks like the 1.1300 level is the next resistance for the EURUSD.

Supporting level can be found around the 20SMA.

 

Daily range is narrowing, It usually means that there will be a big breakout. Since it already went to 1.17000, probably it will go in that direction

Reason: