EUR/USD - Not the best NFP movement
It seems that was all from the EUR push for the week. Even break above the high 1.1283 will not have enough power to keep moving the price up.
Re: EUR/USD
42I think next week we'll see it reach 1.1350 - 1.1370.FrancoisT wrote: Sat Jun 03, 2017 12:22 am EUR/USD - Not the best NFP movement
It seems that was all from the EUR push for the week. Even break above the high 1.1283 will not have enough power to keep moving the price up.
Re: EUR/USD
43EUR/USD - As the high at 1.1283 sustain and the price bounced, most likely the in short term the dollar may try to recover with initial targets around 1.1215/20.
Re: EUR/USD
44It's possible. But even if it retraces for now the overall trend remains quite bullish, I think.
Re: EUR/USD
45The pair is range-bound again, probably in expectation of the Mario Draghi press-conference on Thursday.
Re: EUR/USD
46EUR/USD - is sitting just above 1.12 and in case of break below natural target would be 1.1170. It seems the market starts to make narrow range bars more often with sharp and sudden movement and perhaps we are more or less entering on summer range phase
Re: EUR/USD
48Tomorrow there will be a FOMC statement, hopefully it will finally end the EUR/USD range.
Re: EUR/USD
49Big drop after the federal funds rate hike news yesterday, but the pair finally found support at 1.1130.
Re: EUR/USD
50It's still consolidating above 1.1140. It will take major news to change that, I think.