Dedicated EURUSD only thread


What is the most traded Forex currency pair in the world? EUR/USD

EUR/USD making a big gap on market open today
French election will cause some troubles

Really big gaps also on EURJPY (>300pips), DAX (CAC of course as well) and even GBPJPY (>230pips). So, the safe haven JPY weakens a bit and confidence in EUR comes back for now.

I think that this time there will be no gap filling for some time
Second round of French elections will be a hell

GBP/USD recovered the gap pretty quickly, but I don't think that will be the case for EUR/USD and EUR/JPY.

EUR/USD - Nevertheless that this morning EUR decline a bit, I expect that current levels 1.0902/05 will sustain and most likely we will have another rising tpowatrds1.0950/60.

It has formed a double top at 1.0950, this might be the end of the move to the upside for now.

It looks like it will remain range-bound until the French elections. I think even the NFP won't change that.

EUR/USD - still in range before the NFP tomorrow and second tour of elections in France during the weekend. In short term, I am expecting the price to test 1.0900\05 shortly.

The NFP data is coming out very soon, does anyone plan on trading the news?

EUR/USD - stronger data for US economy, but not so big discrepancy between expected and new value. I would expect EUR rising as the focus will be moved towards France - round 2