Eurusd/gbpusd - page 1864
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Last FED statement was clear : there is no forward guidance for rate hikes, there will be no rate hikes at the extent that all the "sure thing" traders were expecting. This is potentially an USD disaster
The 1.1000 level proved as a strong resistance for the second time today as i see.
One more attempt ay 1.0900
Next support level for the GBPUSD could be the 1.4800 level, especially if the Dollar regains its bullishness.
One more attempt ay 1.0900
It is still ranging between 1.09000 and 1.10000. The usual consolidation before a next break
EURUSD is in the resistance zone. If it breaks it, we can expect significant correction continuation up. Otherwise it will remain in the bearish channel. In any case wait for German IFO data before making decision
German IFO front running - we might see a 1.1000 break today
German IFO front running - we might see a 1.1000 break today
Looks like the market is ignoring German data now. Waiting for US core durable goods orders
All is set for 1.1000 break. The question is : how high will it go this time?
EURUSD is testing the resistance right now. Probable scenario : algos are going to use US news to break the resistance.