Forex News EUR/USD

[mlawson71]

The double top did remain and EUR/USD depreciated back toward 1.1070. I think it will continue falling to 1.1050.

 

[mlawson71]

EUR/USD has been testing 1.1070 repeatedly for weeks, let's see when it will finally break out below it.

 

[mlawson71]

EUR/USD dropped to 1.1020 and it remains very bearish. I think we may see it depreciate below 1.1000 soon.

 

[mlawson71]

EUR/USD is very bearish and next week the move south will likely continue.

 

[mlawson71]

EUR/USD found some support at 1.1015 today but I think it remains bearish and will continue depreciating this week.

 

[mlawson71]

EUR/USD is still struggling to break out below 1.1050 but I think we will see that happening soon. I won't open shorts before the breakout though.

 

[pranj007]

EUR/USD does not break out 1.0010 i think today i need open trade buy/sell wait for end fo the day

 

[mlawson71]

EUR/USD broke out below the support at 1.1000, next target will be around 1.0960 - 1.0950.

 

[mlawson71]

It's back to testing 1.1000 but I think it will eventually continue moving south.

 

[mlawson71]

So much about a breakout below 1.1000 for now. EUR/USD formed a spinning top on the daily time-frame at that level and bounced off from it, by the looks of it the pair will rally to 1.1075.

 

[mlawson71]

The market is about to open soon, do you think the pair will rally to 1.1100?

 

[mlawson71]

The pair remains quite bullish so I think we will, indeed, see it rally to 1.1100 soon and it may even break out above it.

 

[mlawson71]

We will have to wait and see whether EUR/USD breaks out above 1.1080 to rally to 1.1100 but if it does the move north may continue, I think.

 

[xerosystem]

Major EURO news on Thursday with German Flash Pmi should be interesting.

 

[mlawson71]

It reached only 1.1080 before pulling back from that level, how it will develop from here is still unclear, I think.

 

[mlawson71]

The pair has formed a hanging man candlestick on the daily time-frame and naturally began falling after that. Next target is likely at 1.1020.

 

[mlawson71]

The move south clearly continues for now. EUR/USD is at 1.1030 and will likely continue dropping to 1.1000.

 

[spirit]

on the h4 chart i see i support-level at 1.09930. next step is test that level . bounce or break that level, must see

 

[mlawson71]

EUR/USD may stall around 1.0990, but the pair is so bearish that I doubt it will last long.

 

[mlawson71]

The market will open soon again, let's see whether it will drop to 1.1000 and below.