Eurusd/gbpusd - page 2146

 

It is still testing the support. So far, the support is holding

 
searchingFX:
It is still testing the support. So far, the support is holding

I don't think it ill hold for long. Too much pull from, GBP

 
searchingFX:
It is still testing the support. So far, the support is holding

True, the key support 1.1000 is still holding for now.

 

The 1.0800 and the 1.1000 zone on the EURUSD has been a congestion area in the past, if the price falls to that range, then the pair may consolidate.

 

Support is holding. Expecting some more attempts to break it in the next couple of days

Files:
eurusddaily.png  121 kb
 

Eur/Usd is in recovery mood, Brexit fears are still driving the market, the pair might face more correction on the downside.

 

The pair is still testing the support at 1.1000 indeed. I do think it will break below that level soon though, and continue towards 1.0900, perhaps even 1.0800.

 

Support is holding. This week should be interesting : it could tell us more about the long term trend

 
searchingFX:
Support is holding. This week should be interesting : it could tell us more about the long term trend

Decline have stopped. Now waiting for market makers to produce another sentiment move

 

Well, the gods of forex are sleeping today