Eurusd/gbpusd - page 2210

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•    “Hawkish” Fed talk boosts the dollar

 
123456:

•    “Hawkish” Fed talk boosts the dollar

There is no hawkish FED any more. They are chicken waiting for the elections
 
Risk remain on the upside, immediate resistance level can be found at 1.1320/50 zone, break above it would confirm further gain.
 
The FOMC meeting minutes announcement yesterday provoked a GBP/USD move to the upside that will likely continue today. Next target is probably 1.3200.
 
Expecting a break of 1.14
 
Key resistance zone lie at 1.1360/70, break above could mean further gain to towards 1.1400 level, but it also could turn back down if the the key resistance level holds.
 

•    Fed’s Williams joins the “hawkish” side

•     The dollar’s retreat was halted yesterday, following some “hawkish” remarks from San Francisco Fed President John Williams.

•     He said he’d like to see another hike “sooner rather than later” and that September should definitely be in play, echoing Dudley’s remarks.

•     Williams is considered a close ally of Yellen’s, so these may be an indication of what we should expect from her next week.

•     If we see more Fed speakers join this hawkish chorus, USD could remain supported ahead of Yellen’s speech. 

 
csc2009:
Key resistance zone lie at 1.1360/70, break above could mean further gain to towards 1.1400 level, but it also could turn back down if the the key resistance level holds.
It couldn't break above 1.1365, for now the pair is retracing towards 1.1300 again.
 
123456:

•    Fed’s Williams joins the “hawkish” side

•     The dollar’s retreat was halted yesterday, following some “hawkish” remarks from San Francisco Fed President John Williams.

•     He said he’d like to see another hike “sooner rather than later” and that September should definitely be in play, echoing Dudley’s remarks.

•     Williams is considered a close ally of Yellen’s, so these may be an indication of what we should expect from her next week.

•     If we see more Fed speakers join this hawkish chorus, USD could remain supported ahead of Yellen’s speech. 

No reaction for now
 
The pair pulled back from recent gains but still holding above 1.1300 level, on the upside the next resistance can be found at 1.1365/70 zone.
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