Forex News EUR/USD

[mlawson71]

It could not break out below 1.1000 this week but considering how bearish the pair is that may still happen once the market opens on Monday.

 

[mlawson71]

The pair remains bearish but it is yet to break out below 1.1000 which will likely happen later this week.

 

[mlawson71]

It dropped to 1.1000 as I thought it would, I think it will break out below that level and continue depreciating toward 1.0980.

 

[mlawson71]

The pair remains at 1.1000 and I think we will soon see a breakout below that level.

 

[mlawson71]

It is still testing 1.1000 - 1.0990, it is possible to form a correction before the move south continues eventually.

 

[mlawson71]

EUR/USD is forming a correction indeed. I think it will climb back up to 1.1080.

 

[mlawson71]

It pulled back from 1.1095 and I think it may depreciate back to 1.1050.

 

[mlawson71]

EUR/USD did depreciate to 1.1050 and it remains bearish, next target is likely 1.1000 again.

 

[mlawson71]

It is almost back at 1.1000, I think the question now is whether there will be a breakout below that level.

 

[mlawson71]

The pair continues testing the support at 1.1000 and it may form a double bottom there if it doesn't break out below it.

 

[richmonds7]

EUR/USD is still testing the support at 1.1090 - 1.1080 but I think it will keep depreciating later this week.

These levels on EURUSD look like broken through and the pair i think continues falling rapidly.

 

[mlawson71]

The move south does continue - EUR/USD did broke out below 1.1000 and I think it will continue depreciating toward 1.0900.

 

[githurai]

Today was NFP. The news were in favor of the dollar, and so were the price movement, but for like 5 minutes, then the EUR continued to dominated over the dollar. It's safe to say that EURUSD's bull run is nowhere near it's end, at least until Friday next week.

 

[mlawson71]

It dropped to 1.0950 as I thought it would, next week, even if there is some correction, the move south should continue.

 

[mlawson71]

It found some support at 1.0950 but even if it forms a correction the pair remains bearish for now.

 

[mlawson71]

It dropped to 1.0900 and it may be time for a small correction but the pair remains bearish for now.

 

[mlawson71]

It is consolidating around 1.0900 for now, which is normal after such a major drop. Let's see whether the depreciation will continue.

 

[mlawson71]

EUR/USD remains bearish and it fell to 1.0850. That said, in my opinion, we have to see a correction sooner or later before it continues depreciating.

 

[mlawson71]

EUR/USD fell to 1.0825 and is consolidating around that level but I think that it may keep depreciating to 1.0800 before a correction begins.

 

[mlawson71]

EUR/USD remained at the support at 1.0830 until the market closed, I think next week the correction may begin.