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Good rally on the GBPUSD, but the 1.5500 level may act as a resistance, even though, if the CPI numbers from the US come out worse than expected, then he rally on Cable may continue.
Good rally on the GBPUSD, but the 1.5500 level may act as a resistance, even though, if the CPI numbers from the US come out worse than expected, then he rally on Cable may continue.
I am not sure that it will stop now on its way to 1.17-1.18
All within expected ranges and direction. Expected daily range is as expected, and level 1.1400 is still the level to watch. No confirmation of a decisive break yet. Cautiously bullish trend
Eur/Usd is ranging between 1.1400-1.1500 level, the pair has dropped sharply from near 1.15 handle, immediate support can be seen at 1.1425 which is today's low, break below would expose to the psychological support level of 1.14.
Eur/Usd is ranging between 1.1400-1.1500 level, the pair has dropped sharply from near 1.15 handle, immediate support can be seen at 1.1425 which is today's low, break below would expose to the psychological support level of 1.14.
That level 1.14 is still the decision breaking level
That level 1.14 is still the decision breaking level
Current lower level to watch is 1.1350. Level 1.1400 is a psychological level more than real support / resistance at this moment
The EUR/USD fell by the end of day and bounce around the 1.1400 level, most probably it will climb again tomorrow to test the 1.1500 again.
The EUR/USD fell by the end of day and bounce around the 1.1400 level, most probably it will climb again tomorrow to test the 1.1500 again.
What it gained yesterday, it gave up today. This game is becoming obvious
Just careful and patience - support level is 1.1350 not 1.1400. Liquidity is extremely low, see what did they do in a couple of seconds in this market a few minutes ago. There is an intervention going on - keep your stop losses close
The EURUSD is consolidating below the 1.1400, but it might as well go back above it for tomorrow.