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Eurusd/gbpusd - page 2252

Victoria Jensen
703
Victoria Jensen  
Ari Goldman:
EUR/USD is now trading relatively high at 1.0622. The pair might need a boost from fundamentals in order for it to gain some more momentum and continue its way North.
I agree, but further development will likely occur next week after the Easter holiday. For now the pair is stuck in a sideways consolidation.
Victoria Jensen
703
Victoria Jensen  
EUR/USD finally started moving to the upside after the tight sideways consolidation on Friday. A breakout above the resistance at 1.0655, which coincides with the (MA)89 indicator on the four-hour time-frame will likely lead to another rally to 1.0690, which is the same indicator, but on the daily time-frame.
fxtelegram_
145
fxtelegram_  
Victoria Jensen
703
Victoria Jensen  
EUR/USD has almost reached the resistance at 1.0690 after the fundamentals pushed the pair to the upside today. The question is whether it will succeed in breaking out above that level, because if it does there could be a further rally towards 1.0800 - 1.0850.
Victoria Jensen
703
Victoria Jensen  
GBP/USD moved sharply to the upside after the fundmentals yesterday and reached a new high at 1.2900. It's currently consolidating sideways, but it's possible the move to the upside is not over yet.
fxtelegram_
145
fxtelegram_  

EURUSD Monthly & Weekly support and resistance


Victoria Jensen
703
Victoria Jensen  
EUR/USD continues moving to the upside and it is about to test the resistance at 1.0780 again. The question is whether it will break out above that level and continue rising towards 1.0830 - 1.0850 or form a double top and bounce off from that resistance.
Victoria Jensen
703
Victoria Jensen  
EUR/USD formed a double top at 1.0780 on the one-hour time-frame and bounced off from that level. What is more, the pair has also formed a great shooting star candlestick on the daily time-frame. The closest target is 1.0670, but it will likely continue falling below that level.
Ari Goldman
493
Ari Goldman  
EUR/USD appears to be hesitating around the 1.06 level. Interesting to see how the week develops. I'm expecting a move up.
csc2009
684
csc2009  
It seems consolidation continues, the pair stay within the range between 1.2750 to 1.2860. In order to further gains, Pound needs to break above 1.29 level.
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