EUR/USD is stuck in a range, perhaps rising a bit on the Trump Junior story. What’s next? Can it break higher? It will probably not be a one-way street. Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research notes that EUR/USD looks stuck in a 1.13-1.1460 range. “After breaking above 1.08 in late April, EUR/USD spent a few weeks in a 1.08-1.10, and the break of that level was followed by a month between 1.11 and 1.13,” SocGen adds. In that regard, SocGen thinks that we will mess around here until positioning lightens up, before we can break 1.1460 and head for the 2015 high just above 1.17. “EUR/GBP will be equally frustrating, but we have slightly more hope of a gradual climb in EUR/JPY,” SocGen adds. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Smoking gun against Trump Junior – USD falls Yohay Elam 6 years EUR/USD is stuck in a range, perhaps rising a bit on the Trump Junior story. What's next? Can it break higher? It will probably not be a one-way street. Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research notes that EUR/USD looks stuck in a 1.13-1.1460 range. "After breaking above 1.08 in late April, EUR/USD spent a few weeks in a 1.08-1.10, and the break of that level was followed by a month between 1.11 and 1.13," SocGen adds. In that regard, SocGen thinks that we will mess around here until positioning lightens up, before we can… 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.
