Eurusd/gbpusd - page 2249

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EUR/USD reached 1.0900 today and is currently testing the resistance at that level. A breakout above it will likely lead to a further move to the upside towards 1.0965 - 1.0970.
 
Not only did the pair fail to break out above 1.0900, but it also formed a shooting star candlestick on the daily time-frame at that resistance level, and there will likely be a new move to the downside.
 
EUR/USD did move to the downside after forming a shooting star candlestick on the daily time-frame at 1.0900. It's currently testing the support at 1.0750, which coincides with the (MA)89 indicator on the four-hour time-frame, and a breakout below that level will likely lead to a further drop towards 1.0700.
 
Now short term Uptrend. Trading range :- 1.0735 to 1.0835
 
EUR/USD finally broke out below 1.0750 and the path to 1.0700 is clear. The question is whether it will be able to break out below that level too, if it does there will likely be a further drop towards 1.0630.
 
EUR/USD is about to close the week consolidated around 1.0680. The price is now 1.0674 as bears have taken control again due to strong US data.
 
GBP/USD is consolidating sideways above 1.2400 - 1.2410 and if it breaks out below that level it will likely continue falling.
 
The EURUSD continues falling and it looks like it has reversed its trend in the short term. Below the 1.0700 level, the pair may fall towards the 1.0600 zone of even the 1.0493 level where we can see its latest low on the daily chart. To the upside, the 1.0800 level may act as a resistance in case of a pullback.
 
Eur/Usd is in the correction mood while still well within negative territory. The pair has found immediate support level at 1.0650, break below could lead to 1.06 zone.
 
The pair is almost trading flat, but still well within positive territory. Gbp/Usd remains its upward slope and found resistance around 1.2580/90 zone.
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