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EURUSD Forecast Week of 18-22 September

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  #81  
Old 01-01-2020, 14:38
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD decided to rally during the last day of 2019 and the first day of 2020 and reached 1.1240, it will likely break out above 1.1250 too.
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  #82  
Old 02-01-2020, 14:20
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Default Re: EURUSD Forecast Week of 18-22 September

It pulled back from 1.1240 which was to be expected after such a rally, but after a correction the move north will likely continue.
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  #83  
Old 03-01-2020, 13:11
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Default Re: EURUSD Forecast Week of 18-22 September

So much about a rally, the pair is back at 1.1130 and by the looks of it there may be a drop to 1.1100.
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  #84  
Old 04-01-2020, 14:31
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Default Re: EURUSD Forecast Week of 18-22 September

The depreciation stopped at 1.1120, let's see whether it will continue next week.
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  #85  
Old 05-01-2020, 13:43
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Default Re: EURUSD Forecast Week of 18-22 September

Either way, EUR/USD is at 1.1160 and it is unclear how it will develop for now, it's possible it will depreciate back below 1.1150.
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  #86  
Old 06-01-2020, 13:56
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Default Re: EURUSD Forecast Week of 18-22 September

It formed an inverted hammer candlestick at the support 1.1130 on the daily time-frame and bounced off from it, apparently this was the end of the current depreciation.
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  #87  
Old 07-01-2020, 13:28
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Default Re: EURUSD Forecast Week of 18-22 September

It's consolidating around 1.1180, the pair is as undecided as it was before the holidays.
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  #88  
Old 08-01-2020, 14:32
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Default Re: EURUSD Forecast Week of 18-22 September

The move south continues, I think it will depreciate back toward 1.1100 and may even break out below that level.
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  #89  
Old 09-01-2020, 14:59
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Default Re: EURUSD Forecast Week of 18-22 September

It dropped to 1.1100 as I thought it would but a breakout is yet to occur, which is still possible to happen by the end of the trading week.
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  #90  
Old 10-01-2020, 14:21
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD depreciated to 1.1085 and found some support there but it remains bearish for now so it will likely break out below that support.
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  #91  
Old 11-01-2020, 14:41
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Default Re: EURUSD Forecast Week of 18-22 September

It failed to break out below 1.1085 after all and bounced off from it. Let's see how it will develop next week.
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  #92  
Old 12-01-2020, 15:09
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Default Re: EURUSD Forecast Week of 18-22 September

Let's see how it will develop tomorrow.
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  #93  
Old 13-01-2020, 14:18
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Default Re: EURUSD Forecast Week of 18-22 September

It's consolidating above 1.1100 and so far remains undecided, I don't see a signal for a change yet.
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  #94  
Old 14-01-2020, 14:18
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Default Re: EURUSD Forecast Week of 18-22 September

It's still testing the resistance at 1.3070 despite the signal for a move south, let's see whether will prove to be a false signal.
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  #95  
Old 15-01-2020, 14:34
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Default Re: EURUSD Forecast Week of 18-22 September

It briefly broke out above 1.1150 but now it's back below that level, whether there will be a true breakout remains to be seen.
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  #96  
Old 16-01-2020, 14:49
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Default Re: EURUSD Forecast Week of 18-22 September

The move north continues apparently. It broke out above 1.1150 and I think we will see it reach 1.1200.
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  #97  
Old 17-01-2020, 14:52
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Default Re: EURUSD Forecast Week of 18-22 September

There was a shooting star candlestick at 1.1170 on the daily time-frame before the new move south began, so we may see it drop below 1.1100.
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  #98  
Old 18-01-2020, 14:12
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Default Re: EURUSD Forecast Week of 18-22 September

The market closed while the pair was still testing the support at 1.1090, next week it may continue depreciating.
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  #99  
Old 19-01-2020, 13:24
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Default Re: EURUSD Forecast Week of 18-22 September

Let's see how it will develop next week.
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  #100  
Old 20-01-2020, 13:34
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD is still testing the support at 1.1090 - 1.1080 but I think it will keep depreciating later this week.
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  #101  
Old 21-01-2020, 14:28
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Default Re: EURUSD Forecast Week of 18-22 September

It found some support at 1.1075 but it's unclear for now whether it will bounce off from it.
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  #102  
Old 22-01-2020, 14:13
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Default Re: EURUSD Forecast Week of 18-22 September

The pair has formed a hammer candlestick at the support at 1.1075 - 1.1080. It is quite likely that it will, indeed, bounce off from it.
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  #103  
Old 23-01-2020, 14:32
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD also formed an inverted hammer at 1.1080, so even if the move north does not begin this week there will most likely be one next week.
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  #104  
Old 24-01-2020, 14:40
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Default Re: EURUSD Forecast Week of 18-22 September

Well, so much about a move north, that signal clearly proved false. It happens sometimes, unfortunately. EUR/USD is depreciating and may soon reach 1.1000.
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  #105  
Old 25-01-2020, 14:21
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Default Re: EURUSD Forecast Week of 18-22 September

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.
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  #106  
Old 26-01-2020, 15:02
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Default Re: EURUSD Forecast Week of 18-22 September

The market will open soon, let's see whether the depreciation will continue.
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  #107  
Old 27-01-2020, 14:32
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Default Re: EURUSD Forecast Week of 18-22 September

The pair remains bearish but it is yet to break out below 1.1000 which will likely happen later this week.
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  #108  
Old 28-01-2020, 15:18
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Default Re: EURUSD Forecast Week of 18-22 September

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.
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  #109  
Old 29-01-2020, 17:26
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Default Re: EURUSD Forecast Week of 18-22 September

The pair remains at 1.1000 and I think we will soon see a breakout below that level.
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  #110  
Old 30-01-2020, 14:22
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Default Re: EURUSD Forecast Week of 18-22 September

It is still testing 1.1000 - 1.0990, it is possible to form a correction before the move south continues eventually.
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  #111  
Old 31-01-2020, 15:06
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD is forming a correction indeed. I think it will climb back up to 1.1080.
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  #112  
Old 01-02-2020, 14:31
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD almost reached 1.1100 before the market closed yesterday, let's see whether it will rally above that level next week.
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  #113  
Old 02-02-2020, 14:07
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Default Re: EURUSD Forecast Week of 18-22 September

The market will open again in a few hours, I can't wait to see the conclusion of the rally.
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  #114  
Old 03-02-2020, 15:30
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Default Re: EURUSD Forecast Week of 18-22 September

It pulled back from 1.1095 and I think it may depreciate back to 1.1050.
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  #115  
Old 04-02-2020, 14:36
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Default Re: EURUSD Forecast Week of 18-22 September

EUR/USD did depreciate to 1.1050 and it remains bearish, next target is likely 1.1000 again.
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  #116  
Old 05-02-2020, 14:59
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Default Re: EURUSD Forecast Week of 18-22 September

It is almost back at 1.1000, I think the question now is whether there will be a breakout below that level.
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  #117  
Old 06-02-2020, 15:00
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Default Re: EURUSD Forecast Week of 18-22 September

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.
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  #118  
Old 07-02-2020, 14:18
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Default Re: EURUSD Forecast Week of 18-22 September

The move south continues - EUR/USD broke out below 1.1000 and I think it will continue depreciating toward 1.0900.
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  #119  
Old 08-02-2020, 14:59
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Default Re: EURUSD Forecast Week of 18-22 September

It dropped to 1.0950 as I thought it would, next week, even if there is some correction, the move south should continue.
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  #120  
Old 09-02-2020, 16:10
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Default Re: EURUSD Forecast Week of 18-22 September

Let's see how it will develop this week.
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