Eurusd/gbpusd - page 2083

 

The EURUSD at a good support on the 1.1000 level. Consolidated, but it could head in any direction any time.

 
fxstrategist:
The EURUSD at a good support on the 1.1000 level. Consolidated, but it could head in any direction any time.

All the market makers are recommending a sell. With this tight ranges almost sure that what market makers decide, it will happen

 
searchingFX:
All the market makers are recommending a sell. With this tight ranges almost sure that what market makers decide, it will happen

I believe that no significant change will happen before the nfp

 

Euro is under selling pressure ahead of scheduled speech from Draghi later on today. The immediate support can be found at 1.0897.

 

If EUR/USD breaks below the resistance at 1.0897 next target will likely be 1.0830.

 
victoriajensen:
If EUR/USD breaks below the resistance at 1.0897 next target will likely be 1.0830.

Today it does not go there, but the bears are sitting on EURUSD

 

Bears are going to push Euro bellow 1.09 today

 
eurofreek:
Bears are going to push Euro bellow 1.09 today

It holds - for now. Depends on the ADP now

 

It seems bears continue to dominate the session, break below the immediate support level around 1.0900 would push the pair towards the psychological level at 1.08.

 
csc2009:
It seems bears continue to dominate the session, break below the immediate support level around 1.0900 would push the pair towards the psychological level at 1.08.

Bears are in control

Reason: