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EURUSD is hanging around psychological 1.095 level. It is a strategical level that allows a quick movement in any direction - market makers are preparing positions
Eur/Usd is adding selling pressure ahead of the upcoming FED meeting next week. The pair has been just turned down by 1.0950 level, immediate support around 1.0920 and follow by 1.0900, 1.0880.
All the chances are that the FOMC statement will be waited at level 1.10 - but in case of "leaks" (as FED used to do in the last couple of years) we could see that change
All the chances are that the FOMC statement will be waited at level 1.10 - but in case of "leaks" (as FED used to do in the last couple of years) we could see that change
Heavy ranging again. No big changes without a leak
This was a quick profit taking. HFTs on Friday
EUR/USD failed to break above 1.1040 again and I doubt it will succeed in doing that before the market closes today. Either way, all eyes will be on FED next week waiting for their rate decision announcement and until then nothing is certain.
It is going to close around 1.10. Market makers playing with psychological stop losses
The GBPUSD rallies above the 1.5200 level, next resistance could be the 1.5300.
EUR/USD failed to break above 1.1040 again and I doubt it will succeed in doing that before the market closes today. Either way, all eyes will be on FED next week waiting for their rate decision announcement and until then nothing is certain.
Eur/Usd managed to close the week below 1.100 level, with FED next week, one thing is certain which is volatility will increase.
It is so close to level 1.10 that we can tell that it is at it. And with market going bananas (ECB cuts rates, Euro goes balistic up) nothing is sure on FED decision