Forex News EUR/USD

[mlawson71]

EUR/USD continues consolidating but that is normal for this part of the trading week. I doubt we will see the consolidation end before tomorrow.

 

[mlawson71]

EUR/USD continues falling and considering how bearish it is I think it may break out below 1.0800 soon. Let's see when the correction will begin.

 

[mlawson71]

The EUR/USD bear run continues - the pair dropped below 1.0800 and I think it may fall to 1.0750.

 

[alvarogj]

Good morning, I am caugtht in couple of buy trades. Do you think eurusd will reverse soon? Thanks in advance.

 

[mlawson71]

EUR/USD continues testing 1.0790 but for the moment there is no signal for the beginning of a correction, if anything it is struggling to break out below that level as well.

 

[mlawson71]

EUR/USD is undecided and I doubt we will see a breakout to the downside or a proper correction by the time the market closes today.

 

[mlawson71]

EUR/USD formed a pinbar at 1.0870 on the daily time-frame yesterday, so a new depreciation back to 1.0780 is likely.

 

[mlawson71]

EUR/USD rallied to the resistance at 1.0908 and pulled back from it, but it is unlikely that the correction will be so shallow.

 

[mlawson71]

EUR/USD remains bullish and it will likely continue rallying toward 1.1000.

 

[mlawson71]

EUR/USD remains very bullish, next target will likely be around 1.1100.

 

[mlawson71]

EUR/USD continues moving north and I think it may even break out above 1.1150.

 

[mlawson71]

EUR/USD encountered some resistance at 1.1185 but I think the pair will continue moving north.

 

[mlawson71]

The pair is depreciating after the last rally, let's see when the move north will continue.

 

[speedymaster]

I think people will stay away from US stocks market, park their money in USD currency as election near.

 

[mlawson71]

Elections are months away, there's plenty of time to trade this pair, I think.

 

[mlawson71]

EUR/USD remains very bullish and I think we may even see it reach 1.1400 soon.

 

[takuya aso]

Thank you for this good insight on EURUSD analysis. My personal view is may touch 1.14 !!!

 

[mlawson71]

You're welcome.
We were both right, and it rallied above 1.1400. I think it will reach at least 1.1500.

 

[mlawson71]

A correction finally began but it may not last long.

 

[jhosenan]

Thank you really much, I do enjoyed the explanations