Eurusd/gbpusd - page 2226

 
Euro is right in the middle of the weekly range : one more ranging week
 
EUR/USD is consolidating above the support at 1.0900 and if it breaks below that level it will likely reach 1.0870 again, but any major changes are unlikely to happen until the market closes today.
 
EUR/USD was moving to the upside but it couldn't quite reach 1.1000 again and bounced off the resistance at 1.0990. Next target is likely around 1.0920 - 1.0900.
 
It is ranging again. Election is too close for any significant change
 
Certain broker already announced will possible to increasing margin requirement and spread on election day from 8 november and might till 14 novemmber which on these time the market will possible in higher volatile than usual
 
EUR/USD reached 1.0935, bounced off that support level and continued climbing. Next target is likely 1.1100.
 
EUR/USD is still testing the resistance at 1.1100. A breakout above that level will likely lead to a further move to the upside towards 1.1200 - 1.1210.
 
victoriajensen:
EUR/USD is still testing the resistance at 1.1100. A breakout above that level will likely lead to a further move to the upside towards 1.1200 - 1.1210.

Concern over US election and the possibility of D. Trump's victory keeps selling pressure around the Dollar is strong, if the pair could hold above 1.1100 level, we are probably looking for further upside movement. 

 
Helped by the Dollar's weakness, the Pound is back to correction movement around 1.23 level after hit today's high at 1.2354. I would wait until the Bank of England's economic policy meeting this Thursday.
 
EUR/USD formed a shooting star candlestick below 1.1125 on the four-hour time-frame and started moving to the downside. Next target is at the support at 1.1040, which coincides with the (MA)89 indicator on the one-hour time-frame.
Reason: