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I think EUR/USD will start falling again. The pair has formed a hanging man candlestick on the weekly time-frame right under the resistance at 1.1000. I think we might see a bigger move to the downside, perhaps towards 1.0600 - 1.0550.
I agree, 1.0800 is the psychological level, break below will lead the pair towards 1.0600 zone.
more oscillation for the EURUSD around the 1.0900 level. Lets see if it takes a clear trend this week.
With no new Chinese news, the change is dying. We are probably going into tight range period
Forecast is that it will stay that way the whole week
The pair is still bouncing within the range between 1.0900 to 1.0800.
The pair is still bouncing within the range between 1.0900 to 1.0800.
Looks like it can not break either way
It bounced off the resistance at 1.0820 but if it breaks below that level it will fall to 1.0760, possibly even lower.
It bounced off the resistance at 1.0820 but if it breaks below that level it will fall to 1.0760, possibly even lower.
More like 1.08 to 109 channeling - but all is opened : one more rumor and it can go in any direction
More like 1.08 to 109 channeling - but all is opened : one more rumor and it can go in any direction
Level 1.08 has just been tested. It holds for now, but market makers will not let it like that for a long time
Euro remains under pressure whilst showing limited movement towards 1.0800 level today.
Euro remains under pressure whilst showing limited movement towards 1.0800 level today.
Level 1.0800 too strong for now