The EUR/USD trades in a tight range in this European session, capped below former year low of 1.3476, and with a fresh one so far at 1.3454, measly 20 pips on the day. With no much news coming from Europe, the pair seems unable to catch momentum either side of the board...
Valeria Bednarik – European currencies weak, commodity ones on the run: crosses still offering the best intraday opportunities.
EUR/USD Forecast: Sellers aligned at 1.3475 by FXStreet
GBPAUD testing 200 DMA for 4th time this year after BOE by ForexTrading.TV
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When an object is in motion, the range of that motion is typically very clear. Take a ball for example. If I am standing in a room and I throw the ball up to the ceiling, I know it will hit the ceiling and fall to the floor. If the ceiling is 10ft high and I throw the ball up from a height of 5ft, it will rise 5ft and fall 10ft. I think it’s reasonable for me to assume we can all agree with this scenario.
Sheeda Pastaol created a blog post 10 minutes ago GBPJPY Chart
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