Eurusd/gbpusd - page 2160

 
victoriajensen:
If EUR/USD breaks below 1.1270 it will likely retrace back to 1.1200 next week, but after that there will probably be a new move the to the upside.

It will probably retrace there anyway next week. Market is on overraection mode

 
eurofreek:
It will probably retrace there anyway next week. Market is on overraection mode

Correction is to be expected, but there is still no clear trend

 
searchingFX:
Correction is to be expected, but there is still no clear trend

I am expecting more confusion before some other even will be used for more change up

 

Prices are well above 100 and 200 moving averages, next immediate resistance can be found at 1.1340/45 zone.

 

The EURUSD may form a double top pattern around the 1.1336 level. Therefore, the pair may retrace to the downside. Possible support at the 1.1100 level.

 
eurofreek:
I am expecting more confusion before some other even will be used for more change up

Confusion is the name of the game these days. It is likely to continue the same way

 

EUR/USD is still testing the support at 1.1230 and so far there's no indication it will break below that level. The pair will likely bounce off of it soon.

 

Still at that support. No change and the market is already dead

 

The pair seems neutral, but downside is favoured for now, 1.1200 act as important support level.

 

EUR/USD broke below 1.1230 today. A breakout below 1.1200 could lead to a further drop to at least 1.1140.

Reason: