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EURUSD Forecast Week of 18-22 September

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  #401  
Old 08-01-2021, 19:16
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Default Re: EURUSD Forecast Week of 18-22 September

The pair dropped to 1.2200, let's see whether this is the beginning of a major correction.
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  #402  
Old 09-01-2021, 15:50
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Default Re: EURUSD Forecast Week of 18-22 September

It closed at 1.2225. Let's see whether the move south will continue developing next week.
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  #403  
Old 10-01-2021, 16:06
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Default Re: EURUSD Forecast Week of 18-22 September

The market will reopen again soon, and then we may see some correction.
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  #404  
Old 12-01-2021, 17:47
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Default Re: EURUSD Forecast Week of 18-22 September

The pair found some support at 1.2130. We'll either see a range start to form or the correction will continue developing.
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  #405  
Old 13-01-2021, 16:35
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Default Re: EURUSD Forecast Week of 18-22 September

It is testing 1.2150 and it may break out below that level this time which could potentially lead to a drop to 1.2100 and below.
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  #406  
Old 14-01-2021, 16:52
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Default Re: EURUSD Forecast Week of 18-22 September

It's still testing 1.2145. Let's see whether it will drop below that level before the end of the week.
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  #407  
Old 14-01-2021, 17:17
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Default Re: EURUSD Forecast Week of 18-22 September

It's still testing 1.2145. Let's see whether it will drop below that level before the end of the week.
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  #408  
Old 15-01-2021, 16:11
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Default Re: EURUSD Forecast Week of 18-22 September

It dropped below 1.2100. I think the correction has begun and next target will be around 1.1930. Note that there are a pair of impressive shooting star candlesticks on the weekly time-frame below the high at 1.2350.
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  #409  
Old 16-01-2021, 16:37
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Default Re: EURUSD Forecast Week of 18-22 September

It closed at 1.2080. Next week we will probably see a further move to the downside.
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  #410  
Old 18-01-2021, 16:21
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Default Re: EURUSD Forecast Week of 18-22 September

The pair remains bearish. Next target is likely around 1.2000.
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  #411  
Old 19-01-2021, 16:20
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Default Re: EURUSD Forecast Week of 18-22 September

Surprisingly, it formed a pinbar at 1.2070 and it's bouncing off from that level. By the looks of it we may see it develop within a range for a while before the move south continues.
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  #412  
Old 20-01-2021, 17:36
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Default Re: EURUSD Forecast Week of 18-22 September

It's consolidating around 1.2100. I suppose we won't see much development until after the inauguration.
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  #413  
Old 21-01-2021, 16:43
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Default Re: EURUSD Forecast Week of 18-22 September

It's climbing at the moment but that is likely part of the correction.
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  #414  
Old 22-01-2021, 17:18
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Default Re: EURUSD Forecast Week of 18-22 September

It may rally back to the old high at 1.2350, but it is not certain yet the pair will break out above that level.
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  #415  
Old 23-01-2021, 17:25
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Default Re: EURUSD Forecast Week of 18-22 September

Let's see how the pair will develop next week, the correction will likely continue developing.
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  #416  
Old 24-01-2021, 17:24
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Default Re: EURUSD Forecast Week of 18-22 September

The market will reopen in a few hours, the consolidation should continue in the coming days.
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  #417  
Old 25-01-2021, 15:42
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Default Re: EURUSD Forecast Week of 18-22 September

As I though, the correction continues, the pair bounced off from 1.2190.
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  #418  
Old 26-01-2021, 16:59
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Default Re: EURUSD Forecast Week of 18-22 September

It's consolidating around 1.2140. It's very undecided, I am unsure where the target even is at the moment.
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  #419  
Old 27-01-2021, 16:46
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Default Re: EURUSD Forecast Week of 18-22 September

It tested 1.2065 and it may be forming a double bottom at that level. If that's the case we may see a new move north.
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  #420  
Old 28-01-2021, 16:35
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Default Re: EURUSD Forecast Week of 18-22 September

The pair is consolidating sideways even though it did form its double bottom. The move north may still begin though.
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  #421  
Old 29-01-2021, 16:54
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Default Re: EURUSD Forecast Week of 18-22 September

Sideways consolidation continues. The nearest target is around 1.2170.
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  #422  
Old 30-01-2021, 18:33
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Default Re: EURUSD Forecast Week of 18-22 September

It remained at around 1.2130 when the market closed, hopefully next week the sideways consolidation will end.
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  #423  
Old 31-01-2021, 15:38
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Default Re: EURUSD Forecast Week of 18-22 September

The market should reopen soon, let's see how it will develop.
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  #424  
Old 01-02-2021, 15:47
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Default Re: EURUSD Forecast Week of 18-22 September

It's testing 1.2065 yet again. We may finally see a proper breakout below that level.
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  #425  
Old 02-02-2021, 16:12
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Default Re: EURUSD Forecast Week of 18-22 September

The move south finally continued. It broke out below 1.2065 and it remains bearish. The next target will likely be around 1.2000 - 1.1970.
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  #426  
Old 03-02-2021, 16:31
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Default Re: EURUSD Forecast Week of 18-22 September

It has almost reached 1.2000 and it remains bearish,I think we will soon see it drop below 1.2000 too.
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  #427  
Old 04-02-2021, 16:31
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Default Re: EURUSD Forecast Week of 18-22 September

It dropped to 1.1970 as I thought it would. The pair is still quite bearish so we may see it break out below that level too.
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  #428  
Old 05-02-2021, 15:33
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Default Re: EURUSD Forecast Week of 18-22 September

It bounced off from 1.1950. So far the correction continues, once the move north ends we can likely expect a further depreciation.
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  #429  
Old 06-02-2021, 17:04
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Default Re: EURUSD Forecast Week of 18-22 September

The market will likely continue the EUR/USD correction next week.
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  #430  
Old 08-02-2021, 17:57
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Default Re: EURUSD Forecast Week of 18-22 September

The pair is consolidating sideways, which is pretty normal for a Monday.
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  #431  
Old 09-02-2021, 17:45
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Default Re: EURUSD Forecast Week of 18-22 September

The pair continued moving north today. That is likely part of the correction, next target is around 1.2185 - 1.2200.
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  #432  
Old 10-02-2021, 18:26
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Default Re: EURUSD Forecast Week of 18-22 September

The pair is quite bullish still, the next target is around 1.2200, I think.
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  #433  
Old 11-02-2021, 16:53
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Default Re: EURUSD Forecast Week of 18-22 September

It is still consolidating around 1.2130, we will have to wait and see whether it will reach 1.2200 by the end of the week.
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  #434  
Old 12-02-2021, 17:52
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Default Re: EURUSD Forecast Week of 18-22 September

It looks like we won't see a breakout above 1.2200 this week. The pair remains completely undecided.
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  #435  
Old 13-02-2021, 18:41
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Default Re: EURUSD Forecast Week of 18-22 September

It closed at 1.2120 and it remained undecided. Hopefully next week the consolidation will end.
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  #436  
Old 14-02-2021, 15:56
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Default Re: EURUSD Forecast Week of 18-22 September

The correction should continue this week, even if we see a move north.
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  #437  
Old 15-02-2021, 10:10
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Default Re: EURUSD Forecast Week of 18-22 September

The pair is slowly moving north still. I think it is likely to reach 1.2200 this week.
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  #438  
Old 16-02-2021, 15:40
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Default Re: EURUSD Forecast Week of 18-22 September

The pair remains very undecided today too, on the daily time frame it is forming what they call a barbed wire. There is no direction.
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  #439  
Old 17-02-2021, 16:53
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Default Re: EURUSD Forecast Week of 18-22 September

Correction continues indeed, next target is likely at 1.1980, I think.
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  #440  
Old 18-02-2021, 16:35
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Default Re: EURUSD Forecast Week of 18-22 September

It bounced off from 1.2020. One can never be too certain in the direction during a correction.
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