Eurusd/gbpusd - page 2132

 

Range 1.08 to 1.09 is still the working range. There is n change in the ranging couple of weeks

 
fxstrategist:
The EURUSD may continue dropping to the 1.0700 level, but the 1.0900 may act as resistance.

No dropping for now. London session that is pushing Euro up - interesting, isn't it?

 
searchingFX:
Range 1.08 to 1.09 is still the working range. There is n change in the ranging couple of weeks

That's right, Eur/Usd is back to it's range and bouncing off 1.0810/40 zone.

 

Range is becoming tighter and tighter, it has to end sooner or later and when it does we can likely expect a big move to the downside.

 

It is still between 1.08 and 1.09

I don't see what can stop it

 
eurofreek:
It is still between 1.08 and 1.09 I don't see what can stop it

FOMC - and some surprise. But I would not count on any surprise

 
searchingFX:
FOMC - and some surprise. But I would not count on any surprise

I don't believe that FOMC will have any surprise. Ranging should continue

 
eurofreek:
I don't believe that FOMC will have any surprise. Ranging should continue

Ranging continues for now.

 

No range lasts forever, for all we know the FOMC statement tomorrow might end the EUR/USD one.

 

The 1.05 ti 1.13 range was going on from march last year. It does not look like it will be ended any time soon

Reason: