Eurusd/gbpusd - page 2257

 
The EURUSD comes close to the 1.1150 level, but it may still keep going higher maybe visiting the 1.1200 zone. To the downside, the 1.1100 may act now as support.
 
Dollar continue facing strong selling pressure, Euro seems unstoppable. Next psychological level lie at 1.1200 level, on the downside key support level is at 1.1100 level, break below would mean correction movements.
 
GBP/USD finally found some resistance at 1.3050 and bounced off from that level after forming a shooting star candlestick on the four-hour time-frame. Next target is likely 1.2940.
 
Cable couldn't remain above 1.3000 level, increase the chance of further decline, immediate support can be found around 1.2900/1.2880 zone.
 
EUR/USD reached its target at 1.1200 and it is likely it will break out above that level before the market closes today. Next week it will probably continue rising towards 1.1300.
 
EUR/USD had a good week going above 1.12, interesting to see how the next develops.
 
Ari Goldman:
EUR/USD had a good week going above 1.12, interesting to see how the next develops.

Political uncertainty will probably keep dollar continuing under pressure, we have German data next week, strong number will result further gains in Euro.
 
After a very brief retracement today that reached a low at 1.1260 EUR/USD finally decisively broke out above the resistance at 1.1200 and formed a new high at 1.1245. The move to the upside will likely continue at least to 1.1300, and a breakout above that level could lead to a further move north to 1.1360.
 
EUR/USD formed a spinning top candlestick at 1.1270 on the four-hour time-frame before it bounced off from that level. There might be a temporary retracement to 1.1200 before the move to the upside continues.
 
Eur/Usd has been turned away from 1.12 level, consolidating on the downside and found immediate support around 1.1160/61 zone.
Reason: