FX.co ★ berta.hill | EUR/USD

EURUSD Based on the crowd sentiment, it was expected that something interesting would happen overnight after yesterday's turmoil, but unfortunately, everyone was asleep and waiting for the pair to make a move first. As a result, there are no changes on the 1-hour chart in either direction. Considering that there is room to move towards the support and resistance levels and we have a rough balance between short and long positions, with a difference of only 1k, more of a flat scenario is expected. The situation is similar on the futures market, yes, we are gradually declining, but essentially we have been standing at a 4.6% profitability level for the past week, which indicates a sideways movement around 1.07. From a technical perspective, there is an important level for the north at 1.0730 on the Daily chart. If the day closes above this level, further upside movement is possible, although this may not happen if we look at the 4-hour chart. In general, for now, all we have is a flat market. Currently, we are pushing towards the north, with a potential target area around 1.0750...60, but we need to overcome 1.0730 first. As always, the downside is supported by the region around 1.0680...90. That's all there is to trading at the moment.