Eurusd/gbpusd - page 1835

 
Abdul2012:
Today the pair is bouncing around 1.1345 and it clear in the 4H chart.

It is similar for almost a month - strict ranging

 

Tomorrow will be one "nice day" : Eurogroup, Draghi, Yellen (and some more) - whipsaws guaranteed

 

A pullback to the 1.5400 on the GBPUSD could give us a very good opportunity to enter long.

 

Important day for EURUSD : a lot of news (Eurogroup, Draghi, Yellen) and each can move EURUSD in any direction. For a moment iit looks like a mild bearish pressure is present, but it looked like that for almost a month and EURUSD did not move up or down. Most probable scenario is a continuation of sideways market with bearish presure

Files:
eurusd_6.gif  61 kb
 

Waiting for a break of 1.1300 : it should resume bearish trend if it breaks that level today

 

Level 1.130 remains a strong support

 
nbtrading:
Waiting for a break of 1.1300 : it should resume bearish trend if it breaks that level today

1.1300 stronger than I thought. Let see what will Draghi and Yellen tell

 

Eur/usd bouncing off 1.1300, market is focusing on testimony by Yellen due later.

 

Eur/usd maybe climb up to 1.1330 level but still lack of any significant direction.

 

Two big nothings today : Draghi announced new 20 euro note, and Yellen did the usual "Bernanke". So what else is new