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  • Eliza Abrams
    replied
    The USD/JPY range continues and the price is moving between a very clear set of limits. I don't think we'll see any change before the FOMC announcement later today.

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  • rosentray
    replied
    EUR/USD is trading at 13.36, slightly changed from yesterday's levels. Traders and investors are expecting tomorrow's FOMC Meeting so low volatility can be expected.

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  • Potter
    replied
    Originally posted by DarkMindFX View Post
    +1 from my side. I think it's just a speculation. What we need to look at is what is happening with markets right now. For example, if GBP gows down so probably after referendum it will go up and someone will make a good money on that

    Agree. GBP sell rallies job for now, re-evaluate later...

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  • rosentray
    replied
    EUR/USD is trading at 1.1320 after making a low of 1.1283 which appeared to be prior pivot point and gave bulls some confidence that they might be able to turn the price around. Main trend remains bearish on the short-term with first bear target 1.1270.

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  • Eliza Abrams
    replied
    EUR/USD broke below 1.1370 and continued falling. Next target is likely 1.1240, I think.

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  • rosentray
    replied
    The EUR/USD is trading lower today after upbeat US data. Main trend on the short-term remains bearish. Current market price 1.1327.

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  • Eliza Abrams
    replied
    EUR/JPY formed a spinning top candlestick on the four-hour time frame above the support at 123.60 and the pair started climbing. Next target is likely 124.40, which is the previous high.

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  • rosentray
    replied
    EUR/USD appears to be caught in a range between 1.14 and 1.1360. Currently, the pair is trading at 1.1387. No major news are expected today so we might see a continuation of sideways trading.

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  • rosentray
    replied
    EUR/USD is trading relatively unchanged since yesterday's session. The pair is gravitating around 1.1375-1.1385. The low volumes come from weak positions from both sides caused by no major events to shake up the markets.

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  • Eliza Abrams
    replied
    EUR/GBP will soon test the support at 0.7870 and if it breaks below that level it will likely continue falling towards 0.7760 again.

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  • rosentray
    replied
    EUR/USD is trading relatively unchanged in today's session gravitating around 1.14. Low volumes are partially due to no major events today as well as the lite impact caused by the latest NFP's and Unemployment rate.

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  • DarkMindFX
    replied
    Originally posted by Potter View Post
    I think no Brexit fwiw
    +1 from my side. I think it's just a speculation. What we need to look at is what is happening with markets right now. For example, if GBP gows down so probably after referendum it will go up and someone will make a good money on that

    Leave a comment:


  • Eliza Abrams
    replied
    Although the NFP didn't have as strong of an effect as it usually does it still managed to push GBP/USD below the support at 1.4440. Currently the pair is testing the next support at 1.4400, and if it breaks out below that level it will likely continue falling towards 1.4340 - 1.4300.

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  • rosentray
    replied
    The EUR/USD is trading sideways today at 1.1380-1.14-1.1420. The pair is on hold expecting the market stir as traders and investors are anticipating the latest NFP data and Unemployment Rate. Current market price 1.1420 is first support while major resistance is 1.1580.

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  • Eliza Abrams
    replied
    I think we will have to wait for the NFP to make any concrete analysis, that event is always a major game changer, at least for a few days.

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