EUR/USD

https://edition.cnn.com/2016/06/12/us/orlando-nightclub-shooting/

Terrorist attack, sell dollar, so bullish now

Deepest condolences to the victims & families of this disgusting & cowardly attack in Orlando.

what is the pair going to go up or down?

The dollar ended the week with a sharp rise against other major currencies, despite the Federal Reserve this summer lowered expectations of growth rates. On Friday, the USD index, showing the US dollar against a basket of major currencies, rose 0.65%. The index finished the week higher by 0.56%. On Friday, the EUR/USD pair finished trading at 1.1251, jumped 0.57% on the day, but losses for the week amounted to 1.02%.

The sentiment on the dollar remained fragile as markets revised expectations for the timing of the next rate hike the central bank of the United States after on Friday data showed the smallest increase in the number of employees since September 2010.
In addition, on Monday, Federal Reserve Chairman Janet Yellen said the US central bank does not intend to raise interest rates, while keeping the uncertain economic outlook in the United States. Yellen also expects, that the US recovery will continue, but did not specify the possible timing of the next rate hike.

The pair probably consolidate in ranges prior to the UK referendum. Only 10 days to go, get ready for significant levels of high volatility.

The euro marked a decline against the US dollar for a second day in a row on Friday. EUR/USD lost 62 pips to a closing price of 1.1252. The pair broke the first resistance at 1.1286. Next bears target is the first support at 1.1100. On the upside, the resistance is located at 1.1286.

The euro was down against the US Dollar on Friday. EUR/USD is at 1.1250, shedding 0.58%. The support is now located at the level of 1.1246, the low of Friday's trading, and resistance is likely to make the level of 1.1416 - the maximum of Thursday.

Giving a forecast for the EUR/USD pair for the next month, the majority of experts (80%) insist on lowering the pair at least to the level of 1.1100. As a result, after ECB President Mario Draghi's speach, the pair really started to move south and graduated from a week in the middle between the support levels 1.1283 and 1.1200, designated on the basis of graphical data analysis.

Please let me know if the currency pair go up or down, god bless you

The EURUSD attempted to push higher last week topped at 1.1415 but whipsawed to the downside and closed lower at 1.1252. The bias is bearish in nearest term retesting the lower line of the bullish channel as you can see on my daily chart below, located around 1.1130 region which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.1285. A clear break above that area could lead price to neutral zone in nearest term testing 1.1320 area.

resistance at 1.1285

Hello traders good to be back with you on another Monday the beginning of a new trading week as the markets remain I would say unstable with Brexit 9 trading days away. I am looking today at the EURUSD as I do on most Mondays and we are so bearish on this pair so my bias is to sell this. So the plan will be to sell this we can see on the chart we see that we have bounced off support at 1.1245. I have placed a Fibonacci tool on the chart and look for a retrace to the 38.2 level at the price of 1.1280 and it is also the 200 ema. I will look for a bearish formation with conformation for a day trade short. I am looking to take profit at the 1.1143 price level that is support. Traders we must be a day trader or scalp as the market is so fragile so we need to protect ourselves and our positions.

EUR/USD tried to make upward movement last week, topped at 1.1414 but failed to keep the momentum, fell down and closed lower at 1.1252. Trade signals are low for testing the lower line of the bullish channel localized in the region of 1.1130. Immediate resistance is at 1.1285. A clear break below that area should lead the price to neutral trading zone testing 1.1320.

Hello I like to buy your buy/sell signal but in sri lanka we dont have Paypal, please help me

Key levels to watch for today:
Support: 1.1100;
Resistance: 1.1286; 1.1450; 1.1630.

Important news will keep under pressure the participants in the Forex market next week. Decisions on interest rates in the US and the UK are the main topics that will monitor market participants. Concerns about Brexit will also influence their actions.

Looks like the EURUSD is resting, but it may try to go lower after today's bullish correction. Lets see if the Dollar gains some ground again.

what is going to happen on 23rd June for currencies, going up? what is Brexit?