Eurusd/gbpusd - page 2039

 

EURUSD

Now Down To Level 1.11420

And Close After +5:25 Hours

Good Luck My Friends

 

There it went up - it was so obvious

 

The EUR/USD rose up today ad broke above the 1.1320 resistance level. A consolidation above the 1.1300 level may lead for more gains ahead of Wednesday, when the Federal Reserve will announce its decision on rates.

 

EUR/USD will probably continue climbing until it reaches the resistance at 1.1440 visible on the weekly filter chart. Depending on the events on next Wednesday it might even continue rising until it reaches the previous high on 1.1713.

 

Fed statement Wed 16th or Thur 17th New York time?

 
asaens2:
Fed statement Wed 16th or Thur 17th New York time?

calendar is here : FRB: Meeting calendars, statements, and minutes (2010-2016)

 
victoriajensen:
EUR/USD will probably continue climbing until it reaches the resistance at 1.1440 visible on the weekly filter chart. Depending on the events on next Wednesday it might even continue rising until it reaches the previous high on 1.1713.

Resistance is there. but this time it is different : FED is kicking the can for too long time. Market will not tolerate it any more

 
nbtrading:
Resistance is there. but this time it is different : FED is kicking the can for too long time. Market will not tolerate it any more

That is a good assessment : we should not believe the FED

 
searchingFX:
That is a good assessment : we should not believe the FED

Whoever believes them bound to lose

 
eurofreek:
Whoever believes them bound to lose

Chances that FED will hike rates are very slim. Very, very dangerous to trade EURUSD next week

Reason: