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Goldman Sachs forecast (one of the major market makers) : 1.02 in 3 months, 1.00 in 6 months and 0.95 in 12 months
Seems very likely from where we stand now.
Seems very likely from where we stand now.
Yep. A couple of ranging days till FOMC (with European open sessions like today ) and then we shall see what will happen
Level 1.0600 is a resistance for now. Probably ranging between 1.0500 and 1.0600 till FOMC
Interesting : whenever Euro tries to go down this week, it is slapped up. Intervention (SNB again)?
Interesting : whenever Euro tries to go down this week, it is slapped up. Intervention (SNB again)?
Maybe. But most probable ZEW front running
Again we have upward correction movement above the 1.0600 level may lead to a continued advance up to the 1.0650/60 zone, the main support still stands at 1.0550 and if any break below it will go down to the 1.0500 level.
Maybe. But most probable ZEW front running
Nope. People dumping short positions ahead of FOMC. All as usual
Buyers sitting at 1.0600
Well liquidity is out of EURUSD. Now all we can do is wait FOMC
The EUR/USD could not break above the resistance at 1.0650 and moved to the downside again today. Consolidation continues and I doubt it will end before the announcement of FOMC's rate decision tomorrow.