Eurusd/gbpusd - page 2037

 

It is bouncing between 1.1100 and 1.1200. FONC is slowing down everything - liquidity is drained to the maximum

 
whisperer:
It is bouncing between 1.1100 and 1.1200. FONC is slowing down everything - liquidity is drained to the maximum

Asian session is pushing it up

Something strange is happening - China again?

 

EURUSD

UP To Level 1.12415

 

EURUSD

Down To Level 1.11739

 

EURUSD continues slowly byr steadily in a new bullish channel. There will be nor significant changes til FOMC. Today's support level (if it gets tested) is 1.1150

Files:
eurusd_1.gif  63 kb
 

The range is becoming tighter and tighter. No leaks from FED this time (or else we would see big changes already)

 
eurofreek:
The range is becoming tighter and tighter. No leaks from FED this time (or else we would see big changes already)

It is a narrow range and the pair continues in search of direction.

 

If we look at the daily chart it becomes clear that EURUSD s ranging since the beginning of the year. This level is what was set up already then

 

EUR/USD is still forming a flag and should it break above 1.1230 it might reach the resistance at 1.1270 that coincides with the (89)MA on the four-hour filter chart.

 
victoriajensen:
EUR/USD is still forming a flag and should it break above 1.1230 it might reach the resistance at 1.1270 that coincides with the (89)MA on the four-hour filter chart.

It did. But it wil go further up - there will be no TED rate hike