Eurusd/gbpusd - page 2204

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Ranging all the way to FOMC
whisperer:
Ranging all the way to FOMC
Waiting till tomorrow. Trading before the FOMC is a big risk
GBP/USD is stuck in a tight range between 1.3160 - 1.3080 and it's doubtful that range will end before the fundamentals tomorrow.
nbtrading:
Waiting till tomorrow. Trading before the FOMC is a big risk
And then it will whipsaw :)
EUR/USD is consolidating in preparation for the fundamentals that will be released later today. I expect it will reach 1.1020 - 1.1030 for now, but once the news come out there should be major volatility.
victoriajensen:
EUR/USD is consolidating in preparation for the fundamentals that will be released later today. I expect it will reach 1.1020 - 1.1030 for now, but once the news come out there should be major volatility.
Big whipsaw - you can count on it
The GBPUSD is consolidating on the daily chart with no clear direction. The 1.3532 level is still a good resistance and the 1.2800 level may act as support.
FED does not want weak Euro. Period.
EUR/USD bounced off the resistance at 1.1120, but if it breaks above it next target is likely 1.1160, which is (MA)89 on the daily time-frame.
Friday profit collecting after the FOMC. Expect stop loss hunting
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