Eurusd/gbpusd - page 2122

 
victoriajensen:
I agree. Even if we do see some retracement it will likely be only temporary and the pair will continue falling.

There is no stop in Euro fall now

The only thing that stopped it at the year end, were the accounting tricks

 
whisperer:

There is no stop in Euro fall now

The only thing that stopped it at the year end, were the accounting tricks

It sure looks like the Euro is on its way down. I don't see an end to it

 
eurofreek:
It sure looks like the Euro is on its way down. I don't see an end to it

Now I would wait for the FOMC minutes. A lot can change on some surprise in the minutes

 

There is a double bottom visible on the one-hour time frame, as well as two doji candlesticks above the support at 1.0710, so there will probably be a move to the upside towards 1.0780.

 

FOMC minutes - that is all what is it about today

Nothing else matters

 
eurofreek:
FOMC minutes - that is all what is it about today Nothing else matters

It is already priced in. I am guessing that we are in ranging again

 
searchingFX:
It is already priced in. I am guessing that we are in ranging again

Now level 1.08 is tested as resistance

 
eurofreek:
Now level 1.08 is tested as resistance

It is currently used as pivotal point. It is probably going to stay so for some time

 

Small correction on the way. Probably targeting 1.09

 
whisperer:
Small correction on the way. Probably targeting 1.09

I agree, the pair will likely reach 1.0900, but if it breaks above that resistance we might see it climb to 1.1000 again.

Reason: