EUR/USD Intraday: consolidation in place.

Pivot: 1.1030

as long as 1.1030 is resistance, look for choppy price action with a bearish bias.

Alternative scenario:
above 1.1030 look for further upside with 1.1045 & 1.1055 as targets.

Our preference:
short positions below 1.1030 with targets at 1.1015 & 1.1000 in extension.

Related News

Latest News
Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectors
18.02.2020 01:18
By Sarah Wu and Donny Kwok HONG KONG (Reuters) - Tom Bennell's olive oil distribution business took a heavy beating during months of pro-democracy protests that emptied Hong Kong hotels and restaurants, his major customers. Now he fears a knockout blow as the city fights the coronavirus. The two-decade-old Olives and Oils supplies more than
Read more
Japan finance minister watching coronavirus impact, to ensure fiscal policy steps
18.02.2020 01:15
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday he would ensure that fiscal policy steps would be taken as needed to respond to the spreading coronavirus outbreak while closely monitoring its impact on the economy. Aso told reporters after a cabinet meeting that economic fundamentals that supported domestic demand were holding
Read more
Japan Inc wary about wage hikes as 'Abenomics' sputters: Reuters poll
18.02.2020 01:12
By Tetsushi Kajimoto TOKYO (Reuters) - Three-fifths of Japanese firms plan to keep overall compensation flat or even cut it in the coming business year, a Reuters poll found, in a further blow to the government's attempts to boost incomes and stronger economic growth. The world's third largest economy shrank at the fastest pace in six
Read more
Tokyo commuters bound for Olympic crowd crush as Japan Inc rules out work from home
18.02.2020 01:09
By Chris Gallagher TOKYO (Reuters) - When Emi Tanimura failed to find a daycare slot for her new-born daughter, she had to take a radical step for Japan to avoid a long time away from her job at communications firm Sunny Side Up (T:2180). She started working from home. Now a mother of two, she still works flexible hours, including time at home, as
Read more
Messi, Hamilton joint winners of Sportsman of the Year at Laureus Awards
18.02.2020 01:06
(Reuters) - Formula One champion Lewis Hamilton and Barcelona forward Lionel Messi were declared joint winners of the Laureus World Sportsman of the Year Award in Berlin on Monday, with the voting tied for the first time in the awards' 20-year history. Mercedes driver Hamilton won his sixth world championship in 2019, with 11 race wins and 17
Read more