Eurusd/gbpusd - page 2274

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Interest rate unchanged. Let's see how Draghi moves the market in 20 mins.

 

EUR/USD failed to break out above 1.2070 again. The pair still seems quite bullish though, so there might be another move to the upside.

 

EUR/USD rallied again today and formed a new high at 1.2090. Clearly the bullish trend is not over yet and there will likely be a breakout above 1.2100.

 

While Gbp/Usd the pair maintains strong upward momentum, rising to resistance level at 1.3225, the lack of progress on Brexit talking could hold back the gains this week.

 

Market still fear on how Hurricans would affect the Dollar, I'm expecting Eur/Usd would extend its gain afer the correction movement. Resistance can be found around 1.2090/1.2100 zone.

 

Hovering around 1.20, interesting to see what the week brings, a lot of fundamentals ahead.

 
GBP/USD formed a double top at 1.3223 and it also formed a shooting star candlestick on the four-hour time-frame. Both are signals for a move to the downside and if they are valid next target will likely be around 1.3120, which is the (MA)89 indicator on the one-hour time-frame.
 
EUR/USD continues consolidating sideways between 1.1920 - 1.1980. Consolidation likely won't end before the fundamentals affecting the USD start coming out tomorrow.
 
EUR/USD is very bearish for now. The pair is testing the support at 1.1880 and if it breaks out below that level it will probably continue falling towards 1.1820 - 1.1800.
 
GBP/USD not only reached 1.3500 but broke out above that level and reached a new high at 1.3615. The pair will probably continue rallying towards 1.3700.
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