Eur/usd tested 1.35 level again this morning, and its moving upside. I feel this market will be continue to be difficult to buy or sell.
Today is no key news release day, but it seems like a corrective day.
now the price is saturating above resistance maybe its a correction and maybe its a start of new trend but i hardly believe now it can break 1.3500 anymore
EURUSD is ranging from 1.35 to 1.36 and waiting for the Fed Interest Rate Decision and the Fed’s Monetary Policy Statement and press conference tomorrow at 18:30 GMT, so until them no one is risking a direction.
i guess yup its hard to predict a direction now until we see a clear break over the trading range 1.36 or under 1.35 levels
We probably will see daily close below the 1.3550 level, 1.35 level or even lower maybe achievable.
I guess you are right Honeill, nobody wants to risk before FOMC now.
Today we have the Fed Interest Rate Decision and Fed’s Monetary Policy Statement and press conference may influence the volatility of the pair and set the tone for the rest of the month.
not the bank decision about the interest rate and the press confress and the market is unstable
I’m just glad I was not trading this pair today.
Let’s see if 1.36 will hold.
I can see a EURUSD consolidating in a wide range it’s very possible that the summer range could be between the 1.35 level on the bottom, and the 1.37 level on the top. Good for short-term trades.
i can see a double top on the 1 hour and 30 minutes frames i guess price is going to test 1.36 levels support
I was expecting bullish structure with target 1.3660, at the moment price is back to 1.360, I guess in the morning we might see price rising again.
Eurusd held above 1.36 level today, let’s see if 1.36 acts as support now.
A warning to the Short skippers, EURUSD broke through the 1.36 level to the upside, dangerously close to levels that could spark a short squeeze in positions implemented post-ECB announcement.
we can see a break now under the support 1.36 level now 1.3585 will be tested lets see if it will hold the price from going further down
EURUSD tried to rise up from support early in the week, rising on the weakness of the US dollar. However, the euro has issues of its own (ECB) and the pair eventually dropped back to support. Sell the rallies but be aware US housing data that lies ahead.
Current range: 1.3585 to 1.3650.
price failed to break 1.3550 levels and pushed back to 1.36 levels price i guess its a good sign that we will not see 1.35 levels again anytime soon
Back around 1.3600, tight trading range and it should stay in this range until next big news.