Eurusd/gbpusd - page 2118

 

In Asian market EURUSD went up a bit : 1.0968

 
whisperer:

We shall see the next week, but you are almost sure right

No trading time next week too

The usual at these days : so much holidays that it is impossible to trade

 
searchingFX:
The usual at these days : so much holidays that it is impossible to trade

The same will be the whole week

 

UK bank holiday tomorrow, I won't expect much changes.

 
csc2009:
UK bank holiday tomorrow, I won't expect much changes.

No liquidity at all. Like peanuts trading

 

Still the pressure is UP. I guess the new year will be around 1.10

 

I think that EUR/USD is bound for the downside, but it's likely it will continue climbing for a little while longer until it reaches 1.1040 at best before it starts plunging again, although that will probably happen after 1st January.

 
victoriajensen:
I think that EUR/USD is bound for the downside, but it's likely it will continue climbing for a little while longer until it reaches 1.1040 at best before it starts plunging again, although that will probably happen after 1st January.

This is slow short positions collecting. And then when they have enough, then the sudden drop will happen

 

Level1.10 is a strong resistance. Foes not look like it will be broken

 
eurofreek:
Level1.10 is a strong resistance. Foes not look like it will be broken

1.100 level seems to be a strong psychological resistance level, break above it would lead to next target 1.1045/55 zone.

Reason: