EUR/USD is exchanging gains with losses in the 1.1100 neighbourhood today, as market participants wait for the FOMC minutes (later today) and Powell’s speech (Friday). Occasional bullish attempts are expected to met initial hurdle in the 1.1137/40 band, where are located the 10-day and 21-day SMAs ahead of a Fibo retracement at 1.1186. The downside pressure is expected to mitigate somewhat on a surpass of the 1.1215/49 region, where sit the 100-day, 55-day SMAs and monthly tops. If the selling impetus regains traction, recent lows in the 1.1060 area offer initial contention ahead of YTD low at 1.1026. EUR/USD daily chart 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 USD/JPY looks to 106.70 amid risk-on, ahead of Fed minutes FX Street 4 years EUR/USD is exchanging gains with losses in the 1.1100 neighbourhood today, as market participants wait for the FOMC minutes (later today) and Powell's speech (Friday). Occasional bullish attempts are expected to met initial hurdle in the 1.1137/40 band, where are located the 10-day and 21-day SMAs ahead of a Fibo retracement at 1.1186. The downside pressure is expected to mitigate somewhat on a surpass of the 1.1215/49 region, where sit the 100-day, 55-day SMAs and monthly tops. If the selling impetus regains traction, recent lows in the 1.1060 area offer initial contention ahead of YTD low at 1.1026. EUR/USD daily… 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.
