The pair stays under pressure below 1.1300 the figure. The greenback remains sidelined around 97.40. Next of significance will be Q3 GDP, Powell’s speech. The shared currency keeps struggling for direction in the middle of the week, taking EUR/USD to the 1.1280 region ahead of key events across the pond. EUR/USD looks to Powell, data Spot stays under pressure after breaking below the critical barrier at 1.1300 the figure, so far finding support in the 1.1270/65 band. Absent headlines from the Brexit talks have given some respite to the Sterling and keep sustaining the sharp drop in EUR/GBP, in turn adding to the current EUR-weakness. Looking ahead, the greenback will be in centre stage following the publication of flash readings of US Q3 GDP figures ahead of New Home Sales for the month of October and the speech by Chief J.Powell at the Economic Club in New York. EUR/USD levels to watch At the moment, the pair is losing 0.01% at 1.1287 and a break below 1.1267 (low Nov.28) would target 1.1214 (2018 low Nov.12) en route to 1.1188 (61.8% Fibo of the 2017-2018 rally). On the flip side, the next barrier is located at 1.1357 (21-day SMA) seconded by 1.1434 (high Nov.22) and finally 1.1473 (high Nov.20). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Technical Analysis: Intraday upsurge stalls near a support turned resistance FX Street 4 years The pair stays under pressure below 1.1300 the figure. The greenback remains sidelined around 97.40. Next of significance will be Q3 GDP, Powell's speech. The shared currency keeps struggling for direction in the middle of the week, taking EUR/USD to the 1.1280 region ahead of key events across the pond. EUR/USD looks to Powell, data Spot stays under pressure after breaking below the critical barrier at 1.1300 the figure, so far finding support in the 1.1270/65 band. Absent headlines from the Brexit talks have given some respite to the Sterling and keep sustaining the sharp drop in EUR/GBP, in turn… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
