Forex News EUR/USD

[mlawson71]

Sadly the consolidation is still developing, I imagine we will have to wait for a major fundamental event to end it.

 

[cool_zero]

maybe next week, if fed will lower the interest rate

 

[mlawson71]

It stopped at 1.1200, I guess we will find out next week whether there will be a breakout below that level.

 

[mlawson71]

EUR/USD rebounded from 1.1200 after all, after forming a double bottom around that level. Let's see how high the correction will be.

 

[mlawson71]

The pair is currently consolidating around 1.1200, if it breaks out above that level we may see it rallying towards 1.1240.

 

[mlawson71]

EUR/USD rallied all the way to 1.1320 before pulling back from that level. By the looks of things it may revisit the previous high at 1.1345 eventually.

 

[ATS]

good analysis on this eur pair

 

[Quang Vuong]

Now EU = 1.12897 >>>> I Sell with TP = 1.12460.

 

[mlawson71]

EUR/USD closed above 1.1350 on Friday and considering how bullish it is I assume we will see it rally to 1.1400 next week.

 

[mlawson71]

EUR/USD broke out above 1.1400 but found some resistance at 1.1412. I think we will see a correction before there is another move north.

 

[mlawson71]

Sideways consolidation still continues developing, we may have to wait for fundamentals to end that.

 

[AGABA IVAN]

EUR/USD Weekly Price Forecast Euro falls hard for the week

The Euro fell rather hard during the week, reaching down towards the 1.13 level, a place that we have seen along with again subsequent to, and I think that they meet the expense of feels going on for even add-on consolidation as we have two every single one soft central banks bustling.

The Euro has fallen rather hard during the week, slamming towards the 1.13 level at the fade away of it. However, that is a place that is all-powerful have the funds for taking place, and subsequently, a place that I think has a lot of importance. I would expect to see buyers coming in to pick happening the Euro upon the cheap, as the Federal Reserve has shown itself to be rather dovish, and as a consequence a bit lacking following it comes to supporting the US dollar itself. That in and of itself provides a little bit of a lift to this shout from the rooftops.

market news still my problemm to filter and know what to do

 

[David0777]

Hello! What about Eur Usd this day?

 

[mlawson71]

The move north began again but it is yet to break out above 1.1410, which it may not do this week, I think.

 

[mlawson71]

It remained stuck in the consolidation as I thought it would. Oh well, we'll have to wait until next week.

 

[kunyi]

Thank you, I have a very big help

 

[Surawat]

Yes, I also have some pending order since last week. let see what's gonna be.

 

[mlawson71]

We'll have to wait and see but I think it will begin rallying again.

 

[mlawson71]

The multiple spinning top candlesticks around 1.1370 were a signal for a move south after all. It will likely fall back to 1.1300.

 

[mlawson71]

It broke out below 1.1300 and I think we will see it reach 1.1250 quite soon.