Eurusd/gbpusd - page 2232

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Somebody killed the bears on Euro. We have been played again
 
Yesterday occur large gap and movement on gbpusd, while on eurusd morning day after market open occur bearish candle with long body, but afterward occur opposite movement and on last day figure out bullish candle strong
 
EUR/USD reached the resistance at 1.0800 and began consolidating sideways. Currently there are several candlesticks on the four-hour time-frame that indicate an impending move to the downside, namely a shooting star, a doji and a spinning top, and if that signal is valid the pair will likely reach the support at 1.0682, which coincides with the (MA)89 indicator on the same time-frame.
 
EUR/USD is very undecided and is caught in a tight 20-30 pips range. It will likely continue until Mario Draghi's press-conference tomorrow.
 

All is up to Draghi today

Again a huge whipsaw - the usual

 
It was soooo predictable ...
 
whisperer:
It was soooo predictable ...
The only question is what will FED do now?
 
nbtrading:
The only question is what will FED do now?
Push it even lower : Yellen is going to do that as a "gift" to Trump
 
Bearish on both.
 
Long term downtrend seems intact, but the pair still holds above the support zone 1.0520/00. Another critical week for Eur/Usd, I would wait for Wednesday FED's interest rate decision.
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